[News Brief] Apr 22, morning | Strategy CEO: We may sell Bitcoin weekly or daily if it helps shareholder value

Strategy CEO: We may sell Bitcoin weekly or daily if it helps shareholder value

According to Wu Blockchain, Strategy CEO Phong Le said in a Fox Business interview on May 28, 2026, that while the company’s long-term philosophy is to accumulate Bitcoin, it could decide to sell on a weekly or even daily basis if doing so benefits shareholder value over the long term.

He explained that sales could also be made for tax planning purposes, including the use of unrealized tax losses resulting from Bitcoin price volatility.

Phong Le added that even if the company makes some sales in the future, it ultimately expects to increase both its total Bitcoin holdings and its Bitcoin holdings per share on a net basis.

Cardano Foundation cancels Cardano Summit 2026 after funding vote fails

The Cardano Foundation has canceled Cardano Summit 2026 after a funding proposal was rejected, PANews reported, citing The Block.

According to the report, the funding proposal needed to secure support from more than two-thirds of network participants, but failed to reach that threshold, prompting the foundation to cancel the event.

The foundation said it respects the outcome of the vote and will gradually wind down the event preparation process. The decision was made in accordance with the result of a community governance vote.

Bank of England publicly mentions limits of stablecoin control

Bitcoin-focused account @pete_rizzo said the Bank of England is publicly acknowledging the limits of its control over stablecoins.

He argued that central banks’ control is weakening, which could serve as a bullish factor for Bitcoin.

Crypto futures liquidations reach $96.168 million over the past 24 hours

Total cryptocurrency futures liquidations over the past 24 hours came to $96,168,600, according to Odaily, citing CoinAnk data.

Long liquidations amounted to $52,613,300, while short liquidations came to $43,555,200. Bitcoin liquidations totaled $6,857,500, and Ethereum liquidations reached $8,180,400.

Retail investors’ favorite stock portfolio outperforms mutual funds’ top picks by 16 percentage points in May

Source: Odaily

The Kobeissi Letter said on X that in May, a stock portfolio favored by retail investors outperformed the stocks preferred by mutual funds by 16 percentage points.

The portfolio includes large-cap technology names such as the Magnificent Seven and semiconductor stocks. In April, retail investors’ favored stocks had already outperformed by 14 percentage points, and the combined two-month gap exceeded the record seen during the early phase of the meme stock frenzy in late 2020.

During the same period, capital allocated by retail investors to semiconductor options contracts rose to 4.9 times the monthly average, marking a record high and about 25% above the previous peak before March 2024.

ETH falls below $2,000

PANews, citing OKX market data, reported that Ethereum (ETH) fell below the $2,000 mark and traded at $1,999.23.

Its daily decline was recorded at 0.56%. The $2,000 level is widely regarded as a key psychological price threshold in the market.