Michael Saylor's Bitcoin corporate tycoon Strategy has acquired 130 BTC for approximately $10.7 million. Strategy, formerly known as MicroStrategy, is moving forward to push its Bitcoin (BTC) bags to the 500,000 mark, purchasing 130 BTC for $10.7 million.
The company's total stash is nearing the 500,000 BTC mark.
Michael Saylor's Strategy just made another major move in the world of Bitcoin. This time, it is 130 more BTC, bought for about $10.7 million.
The digital assets market kicked off the week by printing “not so much big” red indexes all over around. Bitcoin (BTC) dropped almost 2% in 24 hours dragging major altcoins down with it.
Michael Saylor's Strategy has bought another 130 BTC for $10.7 million, paying $82,981 per Bitcoin. That brings Strategy's total Bitcoin holdings to 499,226 BTC, all acquired for $33.1 billion at an average price of $66,360 per Bitcoin, according to the company's SEC filing on Monday.
Michael Saylor's Strategy, the world's largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC. The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy's program looking to raise up to $21 billion in fresh capital to acquire more BTC.
The latest acquisitions were made using proceeds from the sale of its perpetual strike preferred stock, STRK.
Bitcoin (BTC) continues to face strong resistance below the $85K mark, with volatility and fear dominating market sentiment. After losing the critical $90K level, BTC experienced a sharp decline, briefly dropping below the $80K mark last week.
Bitcoin's (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds. Stochastic RSI tracks momentum based on price movements relative to their range over a given period.
The Michael Saylor-led company now holds 499,226 BTC purchased for an average price of $66,360 per token.
Strategy's significant Bitcoin acquisition highlights its aggressive investment strategy, potentially influencing market dynamics and investor sentiment. The post Michael Saylor's Strategy acquires 130 Bitcoin at an average price of $82,981 appeared first on Crypto Briefing.
Notable Bitcoin (BTC) whales have grouped together to hunt down a massive $430 million short position on Hyperliquid (HYPE) this weekend. The account of a supposedly insider trader, self-proclaimed ‘Tether FUD', is now Bitcoin's most famous target in the market.
As the crypto market shows signs of consolidation, a recent analysis suggests that Bitcoin could reach $126,000 by June 2025. Currently, BTC is trading at the lower end of its historical seasonal range, but several indicators suggest a strong return of the bullish market and the achievement of a new ATH!
Bitcoin (CRYPTO: BTC) is trading around $84,400 on Monday morning, with macroeconomic events this week anticipated to set the tone for short-term price movement in the weeks to come. What Happened: Crypto trader CrypNuevo on Sunday noted that Bitcoin's one-week 50-day exponential moving average has held as support, prompting a bounce.
South Korea and North Korea have taken sharply contrasting positions on Bitcoin as South Korea's central bank has reportedly ruled out BTC as part of its foreign exchange reserves.
Bitcoin has shown resilience by bouncing to its 200-day moving average since last Tuesday when it fell as low as $76,606, yet it remains below this key technical threshold. In this volatile market environment, a major whale has taken a contrarian position by establishing a highly leveraged short on Bitcoin perpetual futures via Hyperliquid.
The central bank specified that it has never considered adopting BTC as part of the reserves.
On Friday, gold broke past $3,000 for the first time this year as Gold prices hit a record high of $3,004 per ounce, driven by rising global tensions, inflation worries, and an increasing demand for safe investments.
Over the past three months, weekends have underperformed weekdays, due to global uncertainty.
A Bitcoin whale has placed a $368M short bet ahead of the FOMC meeting, raising market fears. Will BTC break $84K or crash below $81K? Key levels inside! The post Massive $368M Bitcoin Short Raises Red Flags – Is a Crash Incoming? appeared first on Cryptonews.
Bitcoin options markets flashed a bullish signal as calls outnumbered puts. The call-to-put open interest ratio is one way to ascertain whether the market is bullish.
The Bank of Korea (BOK) has dismissed plans to include Bitcoin (BTC) in the country's national reserve amid a recent push from crypto enthusiasts. This comes on the heels of President Trump's executive order for a United States strategic Bitcoin reserve.
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U.S. spot Bitcoin exchange-traded funds recorded over $1.6 billion in net outflows during the first two weeks of March amid escalating U.S. trade tensions and broader market uncertainty.
S&P 500 futures dropped by 0.4% early Monday as markets continued last week's brutal decline. Dow Jones futures slid 184 points, while Nasdaq 100 futures also lost around 0.4%, according to data from CNBC at press time.
Changpeng Zhao, better known within the crypto community as CZ, the former CEO of Binance that remains its largest shareholder, has published a comment about the news of North Korean hackers' Bitcoin holdings.
Bitcoin, the world's largest cryptocurrency, took a hit on Monday, dropping to $83,191 after a week of losses. Traders are on edge as they wait for the U.S. Federal Reserve's interest rate decision, which is set to be announced this week.
According to Glassnode data, approximately 20% of Bitcoin's supply is currently at a loss.
By tracing the known addresses of the Lazarus Group, it was possible to discover how many they own after the mega-theft at Bybit.
A whale that has been dormant for 1.5 years has deposited 300 BTC to crypto brokerage FalconX alongside 1,050 BTC to two other wallets. According to data on SpotOnChain, an anonymous whale with $85.
Despite Bitcoin's 22% pullback from its all-time high, analysts argue that the bull cycle remains intact, viewing the downturn as a temporary shakeout rather than the start of a bear market.
Brazilian lawmakers are considering new legislation that would officially authorize employers to pay salaries to employees using cryptocurrencies like Bitcoin.Federal deputy Luiz Philippe de Orleans e Bragança has introduced a bill proposing regulation of crypto payments for wages, remunerations and labor benefits. Filed on March 12, the bill PL 957/2025 legalizes voluntary and partial salary payments in cryptocurrencies like Bitcoin (BTC) while also requiring employers to proceed with a part of the pay in the national currency, the Brazilian real.
The Bank of Korea now officially dismissed Bitcoin as a foreign exchange reserve due to inherent risk and volatile nature. The decision was made amid growing global interest in national Bitcoin reserves, led by the U.S. and other countries.
BNB is the top gainer today from the larger-cap alts.
Bitcoin (BTC) price closed last week with a bullish outlook after rebounding from a crucial support level of around $80k in the past few days. The flagship coin surged around 3 percent in the past week to trade about $83,720 on Monday, March 17, during the mid-London session.
Bitcoin fell 1.6% to $83,191.20 on Monday, extending last weeks 1% decline as investors turned cautious before the U.S. Federal Reserves interest rate decision on March 18-19. The Fed is widely expected to keep rates steady, but traders are watching for commentary on President Donald Trumps recent tariff policies and their potential impact on inflation and economic growth.
Bitcoin (BTC) has stabilized since last Tuesday, rebounding to its 200-day average above $84,000. However, a crypto whale placed a massive $445 million leveraged short on BTC via Hyperliquid, betting against the market while going long on the MELANIA token.
The Bank of Korea (BOK) has confirmed that it has never considered adding Bitcoin to its national reserves, citing concerns over its high volatility. According to a report by Korea Economic TV, the central bank does not view Bitcoin as meeting the necessary standards for inclusion.
For several weeks now, bitcoin has been swaying. A drop of 22% from its historical peak at $109,000 in mid-January is fueling doubts.
The Bank of Korea has rejected Bitcoin for its foreign exchange reserves due to volatility and liquidity concerns
Bitcoin's 3-6 month holders surge, signaling strong accumulation and hinting at a possible market rebound.
Since February 20, the Nasdaq Composite index has experienced a severe drop of 11.34%. During the same period, the Nasdaq 100 index has seen a significant decline of 10.94%. Interestingly, during this period, Bitcoin, known as digital gold, has witnessed a fall of 13.
UK man James Howells lost his final UK appeal to search a landfill for his hard drive containing 8,000 Bitcoin worth £769 million and now plans to take his case to the European Court of Human Rights.
Bitcoin could drop to the $20,000 price level, according to BTC critic Peter Schiff, if the broader US stock market collapses amid uncertainty.
North Korea's Lazarus Group currently holds 13,518 BTC, worth around $1.13 billion, according to data from Arkham Intelligence.
A Bitcoin whale on Hyperliquid has stirred discussions over the weekend after placing a massive $450 million short position on the top crypto. Over the weekend, the trader opened a highly leveraged short position in BTC perpetual futures that was initially valued at over $300 million.
With over $10 billion in open interest wiped out in just two months, the Bitcoin landscape has experienced a significant reboot, and analysts are predicting that the price of the flagship crypto will soon recover. The abrupt change has prompted discussions regarding the cryptocurrency's future price trajectory.