Crypto Daily: Strategy BTC Buy Teased, Ledger Hardware Hack, Meanwhile Funding
Strategy chair Michael Saylor hinted at another Bitcoin purchase on Sunday, posting "There's always room for more orange" on X, though any formal SEC filing will likely be delayed until Tuesday due to the Columbus Day federal holiday. The company wrapped September by spending more than six times its weekly Bitcoin buying budget on STRC preferred stock buybacks, and acquired 334 BTC for $28.7 million between Sept. 28 and Oct. 4, bringing its total holdings to exactly 848,000 BTC, according to an Oct. 5 8-K filing.
Hardware wallet manufacturer Ledger confirmed that one affected user's device contained an unauthorized hardware implant, as the company continues investigating a string of crypto losses linked to devices purchased through a Southeast Asian reseller. Blockchain investigator Specter estimated total losses could exceed $86 million across Bitcoin, Ethereum, and Tron. As a precaution, reseller CryptoBilis suspended all hardware wallet sales pending the outcome of the investigation, and Ledger urged anyone with relevant information to contact its bounty program at bounty@ledger.fr.
Bermuda-based life insurer Meanwhile, backed by OpenAI CEO Sam Altman and licensed to operate entirely in Bitcoin, announced $37.5 million in new funding from existing investors, bringing its total raised to $180 million. The capital injection comes as Bitcoin trades around $83,720, with BNB at $754.20, Solana at $111.31, and XMR at $537.23 amid a broadly positive 24-hour market session.
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