{"id":571394,"date":"2026-10-13T12:00:38","date_gmt":"2026-10-13T11:00:38","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=571394"},"modified":"2026-10-13T10:52:15","modified_gmt":"2026-10-13T09:52:15","slug":"strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/","title":{"rendered":"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week"},"content":{"rendered":"

Strategy (formerly MicroStrategy)<\/a> bought 250 Bitcoin<\/a> for $21.5 million last week while spending $192.4 million to repurchase its STRC preferred shares.<\/p>\n

On Oct. 12, the Michael Saylor-founded company<\/a> disclosed<\/a> that it acquired just 250 Bitcoin for about $21.5 million between Oct. 5 and Oct. 11, extending a slowdown that saw purchases fall to 334 BTC the previous week.<\/p>\n

Meanwhile, Strategy repurchased 1,932,145 shares of its variable-rate STRC preferred stock for $192.4 million, nearly nine times its Bitcoin spending, as the company continued its STRC buybacks<\/a>.<\/p>\n

The spending gap highlights the competing demands on Strategy's capital: Bitcoin accumulation and support for its preferred securities.<\/p>\n

STRC buybacks consume more capital<\/h2>\n

The latest acquisition lifted Strategy's holdings to 848,250 BTC, purchased for approximately $64 billion at an average price of $75,444 per coin.<\/p>\n

Strategy paid an average of roughly $86,194 for its latest Bitcoin purchases, compared with $85,839 for the 334 BTC acquired during the previous reporting period.<\/a><\/p>\n

The slowdown comes as Bitcoin struggles to sustain its recovery after last week's market downturn briefly pushed the cryptocurrency toward $80,000.<\/p>\n

However, Strategy's preferred-stock repurchases have continued accelerating.<\/p>\n

STRC repurchase spending rose from $176.3 million during Sept. 28\u2013Oct. 4 to $192.4 million during Oct. 5\u201311.<\/p>\n

The company reported $354.8 million of remaining authorization under its digital credit securities repurchase program.<\/p>\n

The purchases have also become more expensive as STRC approaches its $100 stated amount<\/a>.<\/p>\n

Strategy paid an implied average price of approximately $99.58 per share in its latest buyback, representing a discount of less than 0.5% to the preferred stock's stated value.<\/p>\n

That is notable because the company's July repurchase policy<\/a> envisaged buying more aggressively at deeper discounts and reducing purchases as STRC approached $100.<\/p>\n

The buybacks also reduce future dividend obligations by retiring outstanding preferred shares. At STRC's current 12% annual dividend rate<\/a>, the latest repurchases would eliminate approximately $23.2 million in annualized dividend payments, assuming that rate remains unchanged.<\/p>\n

However, Strategy's broader objective is to establish sufficient independent demand for STRC to trade consistently near $100 without requiring continued large-scale intervention.<\/p>\n

Strategy's shrinking cash balance raises stakes for October vote<\/h2>\n

The accelerated repurchases are also drawing down the capital pool available for Strategy's broader treasury operations.<\/p>\n

As of Oct. 11, the company held $4.88 billion in its dedicated USD Reserve and another $640.5 million in USD Cash, bringing total dollar-denominated liquidity to approximately $5.52 billion.<\/p>\n

The USD Cash balance declined from $833.4 million a week earlier, down $192.9 million, nearly matching the amount spent on STRC repurchases.<\/p>\n

Strategy separately raised approximately $21 million by selling 125,183 common shares during the week, while issuing no additional preferred stock under its at-the-market programs. Those common-stock proceeds funded $21 million of the Bitcoin purchases, with another $0.5 million coming from USD Cash.<\/p>\n

The distinction between its two cash pools is significant.<\/p>\n

Under Strategy's board-approved USD Reserve policy<\/a>, the reserve is earmarked for preferred dividends and interest payments. Other uses require board authorization; the company says it is not authorized to use the reserve for STRC repurchases<\/a>.<\/p>\n

USD Cash, by contrast, can finance Bitcoin purchases, preferred-share repurchases and other capital management activities.<\/p>\n

Consequently, sustained STRC spending reduces the unrestricted liquidity available for other uses unless Strategy raises additional funds.<\/p>\n

As an illustration, the $354.8 million of remaining preferred-share repurchase authorization would cover about 1.84 weeks at the latest $192.4 million weekly pace if that pace and the authorization stayed unchanged.<\/p>\n

Shareholders will vote on the daily-dividend proposal on Oct. 28.<\/p>\n

The company is seeking approval to move its four US-listed preferred securities to daily dividend payments, with STRC transitioning first.<\/a><\/p>\n

Under the proposal, dividends would accrue daily and be paid the next business day, replacing STRC's current semi-monthly schedule without increasing its annual dividend rate.<\/p>\n

Strategy argues the change could improve liquidity, reduce reinvestment delays, and encourage more stable trading around STRC's $100 target.<\/p>\n

If approved, STRC's first daily record date would be Nov. 1, with payment scheduled for Nov. 2.<\/p>\n

Strategy is also scheduled to report third-quarter financial results on Oct. 29, a day after the vote, giving management another chance to address its preferred-stock strategy and the slowing pace of Bitcoin accumulation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its STRC preferred shares. On Oct. 12, the Michael Saylor-founded company disclosed that it acquired just 250 Bitcoin for about $21.5 million between Oct. 5 and Oct. 11, extending a slowdown that saw purchases fall to 334 BTC […]<\/p>\n","protected":false},"author":720,"featured_media":571523,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80573,77968,79312],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nSTRC buybacks cost Strategy nearly 9x its Bitcoin spending<\/title>\n<meta name=\"description\" content=\"Strategy spent $192.4 million on STRC buybacks and $21.5 million on Bitcoin last week, with $354.8 million in repurchase authorization remaining.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week\" \/>\n<meta property=\"og:description\" content=\"Strategy spent $192.4 million on STRC buybacks and $21.5 million on Bitcoin last week, with $354.8 million in repurchase authorization remaining.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-13T11:00:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-13T09:52:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/strategy-buyback-pressure.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/hardeyjumoh\",\"https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo\",\"https:\/\/muckrack.com\/oluwapelumi-adejumo\"]},\"headline\":\"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week\",\"datePublished\":\"2026-10-13T11:00:38+00:00\",\"dateModified\":\"2026-10-13T11:00:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\"},\"wordCount\":667,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Digital Asset Treasuries\",\"Featured\",\"Market\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\",\"url\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\",\"name\":\"STRC buybacks cost Strategy nearly 9x its Bitcoin spending\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-10-13T11:00:38+00:00\",\"dateModified\":\"2026-10-13T11:00:38+00:00\",\"description\":\"Strategy spent $192.4 million on STRC buybacks and $21.5 million on Bitcoin last week, with $354.8 million in repurchase authorization remaining.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6\",\"name\":\"Oluwapelumi Adejumo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"jobTitle\":\"Reporter\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"STRC buybacks cost Strategy nearly 9x its Bitcoin spending","description":"Strategy spent $192.4 million on STRC buybacks and $21.5 million on Bitcoin last week, with $354.8 million in repurchase authorization remaining.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/","og_locale":"en_US","og_type":"article","og_title":"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week","og_description":"Strategy spent $192.4 million on STRC buybacks and $21.5 million on Bitcoin last week, with $354.8 million in repurchase authorization remaining.","og_url":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/","og_site_name":"CryptoSlate","article_published_time":"2026-10-13T11:00:38+00:00","article_modified_time":"2026-10-13T09:52:15+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/strategy-buyback-pressure.webp","type":"image\/webp"}],"author":"Oluwapelumi Adejumo","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Oluwapelumi Adejumo","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person","name":"Oluwapelumi Adejumo","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg","caption":"Oluwapelumi Adejumo"},"jobTitle":"Senior Reporter","description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/hardeyjumoh","https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo","https:\/\/muckrack.com\/oluwapelumi-adejumo"]},"headline":"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week","datePublished":"2026-10-13T11:00:38+00:00","dateModified":"2026-10-13T11:00:38+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/"},"wordCount":667,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Digital Asset Treasuries","Featured","Market"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/","url":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/","name":"STRC buybacks cost Strategy nearly 9x its Bitcoin spending","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-10-13T11:00:38+00:00","dateModified":"2026-10-13T11:00:38+00:00","description":"Strategy spent $192.4 million on STRC buybacks and $21.5 million on Bitcoin last week, with $354.8 million in repurchase authorization remaining.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/strategys-bitcoin-buying-hits-lowest-level-since-december-as-strc-buybacks-reach-record-192-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6","name":"Oluwapelumi Adejumo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg","caption":"Oluwapelumi Adejumo"},"description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","jobTitle":"Reporter","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/571394"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/720"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=571394"}],"version-history":[{"count":5,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/571394\/revisions"}],"predecessor-version":[{"id":571746,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/571394\/revisions\/571746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/571523"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=571394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=571394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=571394"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=571394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}