The Block - 2026-06-18
3 items collected.
1. Strategy’s preferred stock STRC continues to trade under $90 as trading volume jumps
Author: Daniel Kuhn
Published: 6/18/2026, 9:30:02 PM
Categories: Equities, Markets, Public Equities, Analyst Reports, Equity Movers, Strategy
Strategy's preferred STRC stock closed again under $90 for the second consecutive day at $88.59, having drifted as low as $82.50.
2. CryptoQuant says bitcoin microtransactions now make up 80% of daily transactions
Author: Yogita Khatri
Published: 6/18/2026, 9:07:49 PM
Categories: Crypto Ecosystems, Infrastructure, Layer 1s, Markets, Token Projects, Bitcoin, Tokens
Bitcoin transactions below 0.01 BTC now make up about 80% of all daily transactions, up from about 44% in 2023, CryptoQuant said.
3. New Texas power grid allocation framework could lift bitcoin miners turned data center operators
Author: Kyle Baird
Published: 6/18/2026, 8:55:11 PM
Categories: Companies, Crypto Infrastructure, Policy, Cipher Digital, core-scientific, Mining Companies, riot-platforms
The Electric Reliability Council of Texas says data centers account for nearly 90% of the 438 GW of large-load demand in the state.