After a brief pause, Michael Saylor's rebranded company, Strategy (formerly known as MicroStrategy), has once again ramped up its Bitcoin acquisition efforts.

BTC's price is heading toward $95,000.

The bulk, about 56%, is probably associated with arbitrage strategies as per 10x Research. This indicates that there is much less of a need for Bitcoin in multi-asset portfolios for the long run.

The accumulation of Bitcoin continues to be about the only thing that traders can do in this environment.

Strategy Incorporated (NASDAQ:MSTR) announced it acquired 20,356 Bitcoin for approximately $1.99 billion at an average price of $97,514 per Bitcoin (CRYPTO: BTC) between Feb. 18 and Feb. 23, achieving a year-to-date BTC Yield of 6.9%. What Happened: As of Feb. 23, the company holds 499,096 Bitcoin, purchased for an aggregate $33.1 billion at an average price of $66,357 per Bitcoin, according to a Securities and Exchange Commission filing.

A new Bitcoin reserve bill, SB 228, has been presented to the Georgia Senate, marking another significant move in the state's ongoing debate over digital currency investment strategies.

Strategy, the company once known as MicroStrategy, appears poised for another significant Bitcoin purchase, according to recent social media activity from its co-founder, Michael Saylor.

Rezolve Ai has announced a $1 billion Bitcoin treasury program, starting with an initial $100 million investment. The move is intended to support the commercialization of its planned AI-powered crypto payment platform, developed in collaboration with Tether (USDT).

Crypto outflows reached $508 million last week, marking the second series of negative flows in 2025. This brings the last two weeks of outflows to $925 million.

Bitcoin ETFs faced record outflows over the past two weeks, shedding $1.14 billion as investor sentiment weakened.

Global crypto investment products experienced a second straight week of capital outflows, with investors pulling $508 million amid growing economic concerns, according to CoinShares' latest weekly report. Over the past two weeks, total outflows have reached $924 million.

Asset management company VanEck claiming that the creation of a Bitcoin reserve in the US could offset up to $21 trillion of US national debt by 2049. According to VanEck's analysis, Bitcoin's limited supply and growing institutional adoption position it to become a leading reserve asset that could provide an alternative to traditional assets like gold and fiat currencies.

Economists are warning a “nightmare” scenario for the Fed could be about to hit the price of bitcoin

Michael Saylor's Strategy, formely known as MicroStrategy has resumed its Bitcoin buying spree just a week after halting its BTC purchases and share sales. The company, now operating as “Strategy,” announced the acquisition of 20,356 bitcoins for approximately $1.99 billion.

Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the hack of cryptocurrency exchange Bybit, state of crypto, what's next for bitcoin, and more.

On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 Bitcoin for $1.99 billion. Michael Saylor's Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy's latest expansion of its cryptocurrency portfolio since its prior $8 billion purchase on Feb. 10.

Bitcoin (CRYPTO: BTC) is poised to reach $180,000 by the end of 2025, according to a prediction from Grok 3, an AI developed by xAI, driven by growing institutional adoption and potential U.S. strategic reserve status. What Happened: The analysis, prompted by Strategy (NASDAQ:MSTR) executive chairman Michael Saylor's query on X on Sunday about the best crypto asset, positions Bitcoin as the dominant cryptocurrency in a $3.23 trillion market.

The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.

In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers of bitcoin's current trading dynamic.

Bitcoin, the leading cryptocurrency, is facing a period of market uncertainty, according to recent data from CryptoQuant. In a report released on February 23, 2025, analyst “Avacado onchain” highlighted that Bitcoin's price has been trapped in a range between $90,000 and $106,000 for several weeks.

In a tweet published just now, the tireless leader of Strategy (formerly known as MicroStrategy) Michael Saylor announced that his company has successfully completed a security offering that helped them raise a mind-blowing $2 billion from investors. He shared a fresh press release issued by the company.

The MicroStrategy rebranded Strategy has closed a $2 billion bond selling round on Friday, the company said.

The latest bitcoin acquisitions follow the completion of Strategy's latest $2 billion zero-coupon convertible note offering.

Now, the business's Bitcoin holdings have increased to 9 BTC. The rising profile of cryptocurrencies in business was one factor that prompted HK Asia's board to buy Bitcoin initially.

The leading coin, Bitcoin, has been trading within a narrow range since the beginning of February. It has struggled to break out of consolidation as both buying and selling pressures remain subdued.

Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, the company hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin.

Bitcoin is evolving in an almost critical equilibrium zone. Usually subject to marked fluctuations, the asset has recorded historically low implied volatility in recent days, a situation that is as intriguing as it is worrying for analysts.

Strategy's stock dropped 7.48% to $299.69, reflecting market volatility despite long-term optimism.

Cardano (ADA) began the week on a bearish note, slipping almost 10% in under 24 hours amid a broader crypto market downturn following fears of a $1.5 billion Bybit hack and lackluster on-chain activity.

The $2 billion note offering is part of Strategy's “21/21 Plan,” targeting $42 billion in capital over the next three years.

Michael Saylor's Strategy has acquired 20,356 BTC for $1.99 billion at $97,514 per coin following a $2 billion note offering as part of its “21/21 Plan.”

A signal awaited by the markets

Bitcoin has dipped below the 100-day moving average at $98K, approaching the key $95K support level. However, low trading activity suggests a lack of strong momentum, making further short-term consolidation likely.

TL;DR This week's key economic events include the Consumer Confidence Report, housing market data, Nvidia's earnings, US GDP report, PCE inflation report, and multiple Fed speeches. Strong economic data could boost Bitcoin's value by encouraging investors to take on more risk, while weak data or high inflation could lead to increased market volatility.

El Salvador, the first country to accept Bitcoin as a legal tender, has paused its BTC purchases, shocking the entire crypto community. Despite the country's commitment to buying one token of the biggest cryptocurrency in the market daily, it has stopped the process amid pressure from the International Monetary Fund (IMF) 's $1.4 billion loan.

The 45% drop of Solana against Bitcoin is certainly not the most expected event of 2025. Solana plummeted massively on its own, but Bitcoin's dominance rise is an important signal that suggests liquidity outflow from the market.

Bitcoin's network activity has declined, reflecting weaker investor sentiment. With transaction volume shrinking, BTC faces a crossroads—will it rebound or enter a prolonged consolidation phase?

Bitcoin's (CRYPTO: BTC) sideways movement over the past week has prompted analysts to look at macroeconomic influences and historical patterns for indicators of the next move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bitcoin (CRYPTO: BTC) $95,712.56 $1.89 trillion -0.5% -0.5% Ethereum (CRYPTO: ETH) $2,687.27 $324 billion -4% -2.1% XRP (CRYPTO: XRP) $2.47 $143.5 billion -3.7% -7.4% Trader Notes: In a podcast from Feb. 21, Cowen noted that Bitcoin is stuck in a broadening wedge, waiting for a strong catalyst.

The cryptocurrency market is facing another decline, with its total market cap dropping by 2%, wiping out $40 billion in the past 24 hours. This decline has kept major cryptocurrencies like Bitcoin and Ethereum struggling to gain momentum.

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

TL;DR 10x Research reveals only 44% of U.S. spot Bitcoin ETF inflows are intended for long-term investments, with the remaining 56% driven by short-term trading strategies like arbitrage. Arbitrage strategies dominate inflows, with investors profiting from price discrepancies between spot Bitcoin and Bitcoin futures.

The US spot Bitcoin ETFs registered the second consecutive week of cash outflow amid low volatility and a Gold price surge.

HK Asia Holdings (HK1723) announced a purchase of Bitcoin through a series of transactions on an open market crypto exchange platform on 20 Feb. The company acquired approximately 7.88 BTC at an aggregate consideration of HK$5,936,906.26 (US$761,705.07, excluding transaction costs), financing the investment exclusively with internal resources.

Crypto ETPs saw $508 million in outflows last week, with Bitcoin ETFs losing $571 million. XRP funds recorded $38 million in inflows as investor sentiment remained cautious.

Bitcoin drops below $95K after $1.4B ByBit hack. Can BTC recover amid US Dollar weakness and trade policy concerns? Key levels to watch. The post Bitcoin Drops Below $95K After $1.4B ByBit Hack: Will It Rebound? appeared first on Cryptonews.

Bitcoin continues to consolidate near $96,000, facing resistance below $100,000 while maintaining support above $94,000, as technical indicators present mixed signals amid declining trading volume.

The Montana recently rejected the bill HB429, which provided for the creation of a strategic reserve in Bitcoin for the State.