Senate crypto ethics provision

  • Strategy Scraps mNAV as Clarity Act Misses Its Senate Deadline

    Strategy Scraps mNAV as Clarity Act Misses Its Senate Deadline

    Three separate clocks are running out this week. Senate Majority Leader John Thune now says the Clarity Act won’t make it through the Senate before the August 7 recess. Strategy tore up the formula it has used for years to explain its bitcoin holdings to shareholders. Coinbase confirmed it will report earnings the same day…

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  • Trump Meeting Fails to Break Clarity Act Deadlock, Strategy Sets BTC Terms

    Trump Meeting Fails to Break Clarity Act Deadlock, Strategy Sets BTC Terms

    President Trump sat down with senators Thursday to break the Clarity Act’s ethics deadlock. Strategy’s chief executive went on Bloomberg TV and tied the company’s next bitcoin purchase to a preferred stock hitting a price it has not reached since April. Both are still unresolved as this goes to print. Trump-Senate Meeting Ends Without a…

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