Michael Saylor, co-founder of Strategy, hinted at another Bitcoin acquisition, marking a potential ninth consecutive week of purchases. Following a recent $1 billion stock offering, Saylor's company increased its Bitcoin holdings to approximately 580,955 BTC, valued at around $61.4 billion. Tether's CEO, Paolo Ardoino, announced that the stablecoin issuer has no intentions of going public, addressing speculation about a $515 billion valuation, which he deemed possibly understating the company's worth. Meanwhile, Bitcoin DeFi platform Alex Protocol suffered an $8.3 million hack that exploited a vulnerability in its system. The breach drained liquidity from several pools, with attackers siphoning various digital assets including Stacks and USDC. Alex Lab Foundation, supporting the protocol, has committed to reimburse affected users using treasury reserves, highlighting the ongoing risks within the DeFi ecosystem.

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