Strategy Sells 3,588 BTC for $216M, Its First Major Bitcoin Sale

Strategy Sells 3,588 BTC for $216M, Its First Major Bitcoin Sale

Strategy sold 3,588 BTC for $216M to fund preferred dividends, its first large-scale sale ever. Holdings drop to 843,775 BTC as the math trap tightens. Read the full article: https://www.spendnode.io/blog/strategy-sells-3588-btc-216m-dividends-july-2026/

Strategy's Bitcoin Math Trap: Saylor's Flywheel Is Now Running in Reverse

WSJ says Strategy is caught in a math trap: 847,363 BTC underwater, mNAV near 0.80, and a $1.2B annual preferred dividend bill. The flywheel has reversed. Read the full article: https://www.spendnode.io/blog/strategy-bitcoin-math-trap-flywheel-reverse-july-2026/

South Korea Writes Formal Rules for Court-Ordered Crypto Seizures

South Korea's Supreme Court proposed Civil Execution Rules for seizing and liquidating crypto, letting courts convert illiquid tokens to Bitcoin from October 2026. Read the full article: https://www.spendnode.io/blog/south-korea-supreme-court-crypto-seizure-rules-october-2026/

Ripple Lands Full MiCA CASP License via Luxembourg's CSSF

Ripple received its EU CASP license from Luxembourg's CSSF on July 6, making it fully MiCA-compliant and able to passport crypto services across the EEA. Read the full article: https://www.spendnode.io/blog/ripple-mica-casp-license-luxembourg-eea-july-2026/

Ill Bloom Seed Flaw Exposes 2,114 Wallets, $5M Already Drained

Coinspect discloses Ill Bloom, a weak-randomness flaw in seed phrase generation across Bitcoin, Ethereum, Tron and more. $5M drained since May 27. How to check. Read the full article: https://www.spendnode.io/blog/ill-bloom-seed-phrase-flaw-5m-drained-coinspect-july-2026/