Strategy has expanded its Bitcoin holdings with a $584 million purchase, bringing its treasury to over 506,000 BTC. Business analytics public company Strategy (formerly MicroStrategy) has acquired 6,911 Bitcoin (BTC), bringing its total BTC holdings at over 500,000 BTC.
BitMEX founder Arthur Hayes sees Bitcoin price retesting the $110,000 high amid growing resurgence, however, with correction still ahead.
An analytics company believes a specific asset class could play a crucial role in spurring the next market recovery, highlighting a surge in stablecoin market capitalization.
This is a major step for a country that made headlines in 2021. It became the first in the world to adopt Bitcoin as legal tender.
Bitcoin could reach a new all-time high of $110,000 before any significant retracement, according to some market analysts, who cite easing inflation and rising global liquidity as key factors supporting the price rally.Bitcoin (BTC) has been rising for two consecutive weeks, achieving a bullish weekly close just above $86,000 on March 23, TradingView data shows. Combined with fading inflation-related concerns, this may set the stage for Bitcoin's rally to the $110,000 all-time high, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.
While some of those involved in the Polymarket bet claim that the bet has already been solved with the bitcoin reserve executive order signed by President Donald Trump, others believe that the fine print indicates otherwise.
Bitcoin is once again testing the $85K level after several attempts to push toward a local high near $87,500. While bulls have shown signs of strength, the market has yet to see a convincing breakout.
President Trump's recent remarks about the Federal Reserve and Senator Mike Lee's proposal to abolish the central bank suggest potential changes in monetary policy that could significantly affect Bitcoin's role in the financial system.
The company now owns more than 500,000 BTC.
Bitcoin (CRYPTO: BTC) investment products attracted $724 million in fresh inflows last week, marking a sharp reversal after five consecutive weeks of outflows, according to CoinShares' report on Monday. What Happened: The surge comes as the broader digital asset investment market recorded $644 million in inflows, snapping a prolonged trend of investor withdrawals that totaled $5.4 billion for Bitcoin alone over the previous five weeks.
Michael Saylor's Strategy has acquired over $500 million worth of Bitcoin as institutional interest and exchange-traded fund (ETF) inflows make a comeback.Strategy acquired 6,911 Bitcoin (BTC) for over $584 million between March 17 and March 23 at an average price of $84,529 per coin, according to a March 24 filing with the US Securities and Exchange Commission (SEC). Source: US SEC Following the latest acquisition, the company now holds more than 500,000 Bitcoin, with a total of 506,137 Bitcoin acquired at an aggregate purchase price of roughly $33.7 billion and an average purchase price of approximately $66,608 per Bitcoin, inclusive of fees and expenses.
The company used proceeds from the sale of common stock for this latest purchase.
History suggests the gap, located in the $84,000–$85,000 range, is likely to be filled.
MicroStrategy has acquired 6,911 BTC for $584.1 million at $84,529 each, driving its 2025 YTD BTC yield to 7.7%. As of March 23, the firm holds 506,137 BTC, purchased for $33.7 billion at $66,608 apiece.
Strategy's aggressive Bitcoin acquisition strategy underscores a growing trend of institutional investment in cryptocurrency, impacting market dynamics. The post Bitcoin proxy Strategy acquires 6,911 BTC, now holds 506,000 BTC appeared first on Crypto Briefing.
The company's holdings now exceed 500,000 BTC — around 2.4% of the total 21 million bitcoin supply — worth over $44 billion.
According to the popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions, over the past hour, two major cryptocurrency exchanges have been shaken by massive Bitcoin withdrawals.
Business intelligence firm Strategy has acquired an additional 6,911 Bitcoins, according to a Monday regulatory filing.
Bitcoin is showing signs of recovery after finding support at the 200-day moving average. However, the bullish momentum appears weak, suggesting that this rebound could be a temporary correction rather than the start of a sustained uptrend.
West Virginia court warns of a Bitcoin scam using fake jury duty arrest warrants, urging victims to verify claims before paying via untraceable methods like cryptocurrency or gift cards. The post West Virginia Court Warns of Bitcoin Scam Using Fake Jury Duty Warrants appeared first on Cryptonews.
A large Bitcoin investor has been spotted moving a quarter of a billion dollars worth of BTC after lying low for over eight years.
Financial markets kicked off the week with gains, but all eyes are on April 2 as Trump's “Liberation Day” tariffs get closer. These tariffs will target countries with trade barriers against the US, but experts warn they could trigger major market chaos.
Bitcoin rebounds, sparking bullish hopes. Can the momentum sustain, or will a pullback disrupt the rally?
Bo Hines, the executive director of the President's Council of Advisors on Digital Assets, recently hinted at this bold move. He shared this insight during an interview.
Although Bitcoin (BTC) initially saw sideways price action during the weekend, it mounted a notable move to the upside late on Sunday.
An increase in open interest alongside a rise in price is said to confirm the uptrend.
Your day-ahead look for March 24, 2025
Bitcoin (CRYPTO: BTC) may have outgrown its status as just a hedge against traditional finance risks and is increasingly behaving like a Nasdaq-listed tech stock, according to new research from Standard Chartered's Head of Digital Asset Research, Geoffrey Kendrick. What Happened: In a note shared with Benzinga Monday, Kendrick highlighted how Bitcoin's short-term trading patterns are highly correlated to the Nasdaq Composite, suggesting BTC is serving a dual role in modern portfolios.
Bitcoin (BTC) is currently above $87,000 and is continuing to make a series of higher highs and higher lows in the short term time frame. With the U.S. stock markets also looking to break back above important resistances, could this be the beginning of something a lot bigger?
The Japanese company Metaplanet, listed in Tokyo, announced the acquisition of an additional 150 bitcoins, bringing its portfolio to 3,350 BTC. A decision made just a few days after the appointment of the son of the former American president to its advisory board.
Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” has made a strong statement about Bitcoin. He says that missing out on Bitcoin is a big mistake for anyone wanting to get ahead financially.
Crypto-related exchange-traded products (ETPs) ended their five-week outflow streak, recording strong weekly inflows of $644 million, according to CoinShares' latest report. James Butterfill, Head of Research at CoinShares, noted that the trend reversal reflects a marked improvement in investor sentiment across the digital asset sector.
Arthur Hayes said on Monday that Bitcoin will jump to $110,000 before it drops to $76,500, just hours after Bitcoin pushed past $87,000. He posted that take on X, saying: “I bet $BTC hits $110k before it retests $76.5k.
Bitcoin critic Peter Schiff created his own "Bitcoin Strategic Reserve" while continuing to criticize government cryptocurrency plans.
China is one of the top five Bitcoin holding governments, according to Bitcoin Treasuries. With 194,000 BTC tokens, it remains in the second position on the list, next to the US – which holds as many as 207,189 BTC tokens. There are rumours that a Bitcoin arms race could be triggered anytime soon.
A $250M dormant Bitcoin wallet just reactivated after 8 years. Could this whale move spark volatility or fuel a bullish BTC breakout above $89K? The post Bitcoin Whale Returns After 8 Years – Here's Why Traders Are Watching This Wallet Like a Hawk appeared first on Cryptonews.
Spot Bitcoin exchange-traded funds (ETFs) in the US snapped a five-week net outflow streak in the trading week ending March 21.Bitcoin (BTC) ETFs clocked a net inflow of $744.35 million — the highest tally in eight weeks — extending their daily inflow streak to six consecutive days, according to data from SoSoValue. US-based spot Bitcoin ETF net flows get back on track.
SOL, LINK, and SUI are the other notable gainers today.
Bitcoin and global markets rally as Trump administration signals more targeted approach to April 2 tariffs.
Bitcoin rises to $87,127 amid growing institutional demand and expectations of targeted tariffs from the Trump administration.
Tokyo-based Metaplanet has expanded its Bitcoin holdings to 3,350 BTC valued at $291 million while adding Eric Trump to its advisory board.
Pakistan announced plans to use surplus energy for crypto mining. The country is keen on the digital assets market and is creating special tariffs to attract more crypto developers.
The leading asset management firm 21Shares has expanded its foothold into Europe with its latest crypto products. According to the recent announcement, the firm has listed Bitcoin Core ETP (CBTC), the Solana Staking ETP (ASOL), and the XRP ETP (AXRP) on Nasdaq Stockholm.
Bitcoin remains vulnerable to downward pressure due to tight liquidity conditions and weak investor sentiment, with ETF outflows and cautious market behavior persisting.
Bitcoin mining has never been a walk in the park, but lately, it has become downright arduous. The sector has to juggle a delicate equation: a hashprice that remains stagnant, increasing difficulty, and transaction fees melting away like snow in the sun.
Metaplanet has announced the purchase of an additional 150 Bitcoin (BTC), bringing the total of its reserves to 3,350 BTC. The Tokyo-based company now holds an estimated value of 291 million dollars at current market rates. The portfolio enhancement comes just days after the appointment of Eric Trump, son of the President of the United States Donald Trump, as a member of the company's strategic advisory board. The choice to purchase and hold Bitcoin is part of the company's strategy to increase shareholder value, measuring results through the BTC Yield. This indicator analyzes the increase in Bitcoin holdings relative to the total number of shares over a specific period. In the early months of 2025, Metaplanet recorded a BTC Yield of 68.3%, confirming a significant growth rate and strong interest in the cryptocurrency.
TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX's rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin's halving mechanism, capturing the attention of investors who are wondering about the plan's possible impact on traders.
As the Federal Reserve shifts to quantitative easing, BitMEX's co-founder Arthur Hayes appears to be confident to bet on Bitcoin hitting $110,000 before dipping to $76,500.