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).
Ethereum (CRYPTO: ETH) has seen a 19% decline over the past month, but traders are positioning for a potential rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,683.09 $323.5 billion -4.4% -3.1% Bitcoin (CRYPTO: BTC) $95,838.47 $1.9 trillion -0.1% -0.5% XRP (CRYPTO: XRP) $2.47 $143.8 billion -3% -7.5% Trader Notes: Historically, ETH experiences a sharp wick within two weeks of a Bank of Japan (BoJ) rate hike, according to analyst Benjamin Cowen in a podcast published on Monday.
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.
Ethereum price remains in a bear market, and three risky chart patterns suggest that it may experience a 20% crash soon.
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.
BitMEX co-founder Arthur Hayes has suggested that Ethereum roll back, essentially cancelling out stolen funds, in the aftermath of the Bybit hack. He reasons that Ethereum did a similar action back in 2016 when a hard fork was created to counteract a major security breach.
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.
Bybit was hit with one of the biggest hacks in crypto history, losing $1.4 billion overnight. But instead of collapsing, it's fighting back at full speed.
Bybit CEO Ben Zhou shared a piece of exciting news with the community on Monday, February 24. The platform's founder said the exchange had fully covered its ETH reserves stolen during Friday's hack on the platform.
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.
ByBit has recovered $1.5 billion in Ethereum (ETH) following a significant security breach. Hackers conducted unauthorized withdrawals of extensive ETH funds from the digital wallet.
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.
In a surprising turn of events, cryptocurrency exchange Bybit purchased around 266,700 ETH worth $742 million in just 48 hours. Blockchain analytics company Lookonchain has kept an eye on this significant transaction following a disastrous $1.4 billion hack that sent shockwaves to the digital asset space.
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.”
Stablecoin bank Oxinfin hacker uses 49.5 million DAI to buy 17,696 ETH tokens.
Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto exchange was hacked to the tune of $1.4 billion.
Montana's attempt to top up its coffers with Bitcoin (BTC) was thwarted on Feb. 21 when the state's House of Representatives voted against a bill that would have made the world's oldest and most valuable digital currency a state reserve asset.
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.
The recent hack of Bybit has reignited the debate on a possible rollback of the Ethereum blockchain to recover the stolen funds.
On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance's holdings has seen a surge in activity in
A storm of controversy has erupted within the Arbitrum decentralized autonomous organization (DAO) as its recently formed Growth Management Committee (GMC) pushes forward a proposal to invest 7,500 ETH from its treasury into decentralized finance (DeFi) protocols that are not native to the Arbitrum ecosystem.
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.