Bitcoin BTC$62,709.12 mining company GoMining said it is making it easier for companies to accept bitcoin BTC$62,709.12 payments, bringing it into competition with companies including Block’s (XYZ) Square.Where GoMining says it differs from incumbents is that the entire transaction is completed in bitcoin. Many competitors, including Square, allow customers to pay in bitcoin while delivering fiat currency to the retailer. GoMining retailers who want fiat will need to handle the conversion themselves.”Our idea isn’t to squeeze bitcoin into the old fiat experience and lose what makes it bitcoin along the way,” CEO Mark Zalan said in an interview over Telegram.…

A hawkish Federal Reserve is bolstering the U.S. dollar, bitcoin ETFs have seen persistent outflows, and Strategy, the largest publicly listed bitcoin holder, faces mounting pressure. Strategy’s preferred stock, STRC, has plunged to record lows well below its $100 par value, complicating the company’s aggressive bitcoin accumulation strategy.Arca CIO Jeff Dorman highlighted the precarious situation:”Either sell an enormous amount of BTC and MSTR to help bring $STRC back up near par, and at least buy yourself some time, or continue to watch every part of your cap structure melt because of the uncertainty you’ve created,” he said on X.As of…

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