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news-imageMarch 22, 2025

Michael Saylor's Strategy Prepping For More Bitcoin Buys After Upsizing Latest STRF Offering To $723 Million

Strategy, the American software intelligence company helmed by Michael Saylor, announced Friday that it had upped its recently announced Strife perpetual stock offering to $723 million, aiming to boost its Bitcoin stash, which is nearing 500,000 BTC.
Publisher: Zycrypto
Sentiment: Positive
BTC

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Neutral
cover-imageCointelegraph
March 23, 2025

Bitcoin mining hashprice stays flat despite higher difficulty: Report

The Bitcoin (BTC) mining hashprice — a miner's daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty. Data from CoinWarz shows that the Bitcoin difficulty climbed to 113.76 trillion at block 889,081 on March 23, up from the 112.1 trillion difficulty in the previous epoch.

Positive
cover-imageBitcoinist
March 23, 2025

Bitcoin Mining In Pakistan – Government Eyes Using Surplus Power

Pakistan's government plans to use its extra electricity for Bitcoin mining operations, turning unused power into a money-making opportunity. Officials have started talking with other government departments about creating special electricity rates for foreign Bitcoin miners to help cut costs on wasted power, reports suggest.

Positive
cover-imageCointelegraph
March 23, 2025

Saylor hints at impending BTC purchase after latest capital raise

Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.The executive posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message "needs more orange." According to SaylorTracker, the company's most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.

Positive
cover-imageUToday
March 23, 2025

Peter Schiff Announces Update to His Strategic Bitcoin Reserve

It is not every day that one of the most vocal cryptocurrency skeptics makes headlines for building a Bitcoin (BTC) reserve, but Peter Schiff, who just turned 62, is full of surprises. Earlier this month, he announced the creation of his Strategic Bitcoin Reserve, a budget-neutral project inspired by the U.S. government's approach to acquiring assets without additional costs.

Positive
cover-imageBenzinga
March 23, 2025

White House Says Gold Reserves May Be Used to Purchase Bitcoin

A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President's Council of Advisers on Digital Assets, suggested in an interview that the U.S. could capitalize on the gains from its gold holdings to purchase more Bitcoin.

Positive
cover-imageBitcoinist
March 23, 2025

Bitcoin Stack Grows: Hong Kong Firm Now Holds 19 BTC

A Hong Kong-based investment holding company has joined many firms that are incorporating Bitcoin in their balance sheets, turning part of the company's treasury into cryptocurrency. HK Asia Holdings announced that it expanded its Bitcoin reserve after its newly formed board approved the acquisition.

Neutral
cover-imageCointelegraph
March 23, 2025

Bitcoin needs weekly close above $85k to avoid correction to $76k: analysts

Bitcoin analysts are eying the weekly close to gauge Bitcoin's price trajectory for next week, as traditional and crypto markets are lacking direction amid a mix of global trade war fears paired with easing inflation concerns.Bitcoin's (BTC) price may see more downside next week unless it manages to close the week above the $85,000 psychological mark, according to Ryan Lee, chief analyst at Bitget Research. “Bitcoin's relief rally after the FOMC meeting and lower CPI readings has analysts eyeing a weekly close above $85,000, as critical for resuming upside momentum,” Lee told Cointelegraph, adding: “A close above this level could prevent a drop to $76,000 and signal strength, while $87,000 would provide even clearer bullish confirmation.

Positive
cover-imageThe Motley Fool
March 23, 2025

3 Important Things to Know About the Strategic Bitcoin Reserve

President Trump followed through on a popular campaign promise this month. After laying the groundwork for a strategic reserve of cryptocurrency holdings in earlier commitments, the March 6 signing of Executive Order 14233 seeks to establish an official Strategic Bitcoin Reserve and a separate Digital Asset Stockpile.

Negative
cover-imageBitcoin
March 23, 2025

Court Sounds Alarm on Jury Scam Demanding Bitcoin Payments

Scammers are forging arrest warrants for missed jury duty, demanding payment in bitcoin and gift cards. They use realistic court-style documents and urgent threats to exploit fear of arrest. Court Warns of Forged Arrest Warrants Tied to Bitcoin Demands Over Missed Jury Duty The U.S.

Negative
cover-imageCoinPedia
March 23, 2025

Why Is Bitcoin Price Dropping Despite Market Rebound?

The crypto market remains under pressure as investors react to economic uncertainties and ongoing trade war concerns. Bitcoin, currently trading around $84,000, has experienced a period of correction alongside the broader crypto market, with total market capitalization climbing 2.44% to $2.76 trillion.

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