In this episode of Coin Street headlines, we dive into the latest developments in the cryptocurrency market. We discuss the significant decline in the value of crypto-treasury companies, particularly Strategy, which has seen its valuation plummet from $128 billion to $70 billion. Investor and author Robert Kiyosaki shares his bullish outlook, targeting a $250,000 price for Bitcoin and $27,000 for gold, as he emphasizes the importance of hard assets in light of a potential economic crash. We also cover U.S. President Donald Trump’s announcement of a $2,000 dividend for most Americans, which is seen as a form of economic stimulus that could positively influence cryptocurrency and asset prices. Lastly, we highlight Ledger’s plans for a New York listing, driven by a surge in demand for cold storage wallets amid rising crypto hacks. CEO Pascal Gauthier reports that the company is experiencing its best year yet, securing approximately $100 billion worth of Bitcoin. Jane King with the latest from the NYSE.
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Here's a look at your Coin Street headlines.
The crypto treasury strategy is fading.
Shares of crypto treasury companies like Strategy have fallen significantly, with strategy's value dropping from 128 billion at its peak to $70 billion.
The Wall Street Journal says the sell-off is hitting big name investors, including Peter Thiel, the famed venture capitalist who has backed multiple crypto treasury companies, as well as individuals who followed evangelists into those stocks.
And author Robert Kiyosaki says he is buying targeting $250,000 bitcoin and $27,000 gold.
He says he's buying hard assets amid a looming crash.
Kawasaki says his gold projection came from economist Jim Rickards, while his $250,000 Bitcoin target aligns with his long held view of BTC as protection against the Federal Reserve's fake money.
Well, US President Donald Trump announced that most Americans will receive. $2000 dividend from the tariff revenue and criticized the opposition to his sweeping tariff policies.
Investors and market analysts celebrated the announcement as economic stimulus that could boost cryptocurrency and other asset prices as portions of the stimulus flow into the markets, but also warned of the long-term negative effects of the proposed dividend.
Investment analysts at the Kobii Letter forecast that about 85% of US adults should receive the $2000 stimulus based on distribution.
Data from the economic stimulus checks during the COVID era, and Ledger is weighing in New York listing after revenues hit triple digit millions in 2025, driven by record crypto hacks and growing demand for cold storage wallets.
CEO Pascal Gautier recently told the Financial Times that the company founded in Paris in 2014 is seeing its best year yet.
He said the ledger secures about $100 billion worth of Bitcoin, and that is the latest Coin Street headlines.