Public Keys: Circle IP-no, Strategy nears 3% of Bitcoin supply, and a Bakkt investor gets rekt

Circle is extending its timeline for an IPO amidst challenging market conditions and ongoing discussions with Coinbase about revenue sharing.

MicroStrategy continues to accumulate Bitcoin and is approaching ownership of approximately 3% of the total Bitcoin supply.

Bakkt is currently facing a class action lawsuit from shareholders who claim it misrepresented its revenue generated from cryptocurrency.