Connect with us
DAPA Banner

Crypto World

Asset Manager Builds 3,273 BTC Position as Bitcoin Rallies

Published

on

Crypto Breaking News

Strategy, the vehicle launching and managing Bitcoin purchases for Michael Saylor’s empire, added more BTC last week as the market hovered above $77,000. An 8-K filing with the U.S. Securities and Exchange Commission shows that Strategy acquired 3,273 bitcoin between April 20 and 26 for about $255 million, at an average price of $77,906 per coin. The move lifts Strategy’s total holdings to 818,334 BTC, purchased for roughly $61.8 billion. At the time of writing, CoinGecko values the stash at around $63.6 billion.

The latest purchases occurred without the use of STRC, Strategy’s perpetual preferred security. In a separate note, the SEC filing confirms the funding came entirely from Strategy’s Class A common stock (MSTR), with the company selling 1.45 million shares to raise $255 million. This diverges from the prior week’s activity, when Strategy disclosed a 34,164-BTC buy—the third-largest acquisition on record—that did rely on STRC involvement.

On the timing and trajectory of Strategy’s buying, Saylor has publicly signaled that the company would continue expanding its BTC reserve. He previously shared a chart cataloguing Strategy’s Bitcoin purchases—spanning 107 distinct buy events since 2020—hinting at a long-term accumulation plan even as the market fluctuates.

Source: SEC

Advertisement

Key takeaways

  • New acquisition details: Strategy bought 3,273 BTC for $255 million between April 20–26, at an average of $77,906 per coin, lifting its total to 818,334 BTC with a cost basis around $61.8 billion.
  • Funding method: The purchase was funded entirely by a sale of Strategy’s Class A common stock (MSTR), which raised $255 million by divesting about 1.45 million shares.
  • STRC involvement: There were no STRC-linked purchases in the latest week, marking a deviation from the prior week’s action when STRC supported a large BTC buy.
  • Market position in context: Strategy now holds more BTC than BlackRock’s roughly 812,300 BTC, though it trails the combined holdings of crypto fund issuers (about 1.32 million BTC), according to trackers.
  • Future trajectory: A Bitcoin advocate and Strategy investor suggests Strategy could reach 1.2 million BTC by the end of 2026, implying an ongoing, sizable accumulation over the next few years.

Strategy’s growing ledger and its implications

With the latest purchase, Strategy’s total BTC stash stands at 818,334, a scale that positions the firm as the largest publicly disclosed Bitcoin holder. The position is spread across purchases since 2020, a period during which Saylor has consistently framed BTC as a long-duration treasury asset. The current market value surpasses the $63 billion mark according to CoinGecko, underscoring a substantial paper gain relative to the recorded cost basis of around $61.8 billion.

The decision to fund the April buy entirely through a stock sale underscores Strategy’s willingness to leverage equity markets to secure more Bitcoin without dipping into cash reserves. The sale of 1.45 million MSTR shares provided the capital needed for the acquisition, aligning with previous disclosures that Strategy often deploys equity financing to fund further purchases. This approach contrasts with the earlier week’s action, where STRC was involved in a $ amount of BTC purchasing, an arrangement that did not recur in the most recent filing.

In this context, STRC Live, a data tracker that monitors STRC-linked activity, reported no Bitcoin purchases tied to STRC in the latest period. The absence of STRC involvement suggests Strategy is continuing to fund acquisitions through equity raises rather than via its perpetual security, at least for the week in question.

Even as Strategy compounds its holdings, the landscape of public and private BTC exposure offers a useful lens into corporate treasury behavior. Strategy’s 818,334 BTC sits ahead of BlackRock’s 812,300 BTC in public offerings and ETF-style vehicles but remains behind the combined holdings of crypto fund issuers, which Wallet Pilot tracks at roughly 1.32 million BTC. That disparity highlights two realities: (a) the largest public holders are still concentrated among single-entity programs, and (b) the broader ecosystem of funds and trusts continues to accumulate Bitcoin on behalf of clients, contributing to an ever-expanding available supply for market participants to trade against.

Beyond current figures, industry observers are watching the pace of Strategy’s accumulation. Through the first part of this year, the firm has added approximately 144,551 BTC, which translates to about 36,137 BTC per month on a run rate. If that cadence persisted, projections from some market watchers suggest Strategy could approach 1.2 million BTC by the end of 2026, a scale that would represent a more than threefold increase over today’s holdings. The calculation hinges on continued capital inflows and favorable macro conditions, but it also underscores the risk/return calculus corporate buyers weigh when committing to a long-horizon strategy for Bitcoin as a treasury asset.

Advertisement

Observers and investors continue to contrast Strategy’s posture with other institutional actors. BlackRock’s BTC exposure—though substantial—remains a different kind of story, given the firm’s client-focused and diversified product lineup. Meanwhile, the broader ecosystem of crypto fund issuers’ holdings remains a meaningful counterpoint in the market’s long-term dynamics. The tension between a handful of megaholders and a larger cohort of institutional-grade vehicles shaping price and liquidity is increasingly a defining feature of Bitcoin’s on-chain and off-chain narrative.

As always with Strategy, central questions linger: Will the equity-funded approach continue to dominate its deployment strategy, or will shifts in market sentiment push the program toward alternative financing paths? How will price movements around key macro events affect the pace of new purchases? And how will the evolving regulatory environment influence the viability of large, centralized accumulation programs like Strategy in the years ahead?

The company’s own communications, along with the SEC filing and independent trackers, offer a consistent thread: Strategy remains committed to expanding its Bitcoin hoard, while maintaining transparency about the sources of funding and the timing of purchases. The next steps for investors will be to watch whether the pace sustains, accelerates, or moderates in response to market volatility, and to assess how such accumulation interacts with Bitcoin’s broader adoption and price cycles.

Readers should keep an eye on any further updates from Strategy and commentary from market participants who track corporate BTC purchases, as new data points will shape expectations for the sector’s ongoing experiment in treasury management through digital assets.

Advertisement

Additional context and data referenced: SEC 8-K filing; CoinGecko valuation; STRC Live tracker; Wallet Pilot data; industry commentary from Adam Livingston.

Source references in brief: an 8-K filing with the U.S. Securities and Exchange Commission detailing the 3,273-BTC purchase for $255 million; CoinGecko valuation of Strategy’s BTC; STRC Live’s note on STRC activity; public reporting on Strategy’s prior week buy and Saylor’s broader purchase history; BlackRock and Wallet Pilot data providing comparative benchmarks; and social commentary from BTC advocate Adam Livingston.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era

Published

on

Billionaire investor Ray Dalio: We're in a stagflationary period
Billionaire investor Ray Dalio: We're in a stagflationary period

Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be a mistake for potential Federal Reserve chair successor Kevin Warsh to lower interest rates.

The founder of Bridgewater Associates said persistent inflation pressures alongside slowing growth create a backdrop that demands caution from policymakers.

“We are certainly in a stagflationary period,” Dalio said Monday on CNBC’s “Money Movers.” “Because of the issues that are here, in terms of a more immediate inflation, farther from the target.”

Dalio said that if Warsh, who now has a clear path to replacing Jerome Powell as the next leader of the Fed in mid-May, were to cut rates, it would risk damaging confidence in the central bank at a critical moment.

Advertisement

“Certainly, you would not cut interest rates now,” Dalio said. “You will lose your credibility. The Federal Reserve would lose its credibility, particularly now. … If you look at monetary policies by other countries, you’re not going to see them cutting,” he said. “So whatever your benchmarks are, you’re not going to be inclined to cut … not with today’s information.”

Traders are currently pricing in a 100% chance that the Fed will leave rates unchanged at this week’s meeting, with fed funds futures indicating policy is most likely to stay on hold for the rest of the year, according to the CME FedWatch tool.

Dalio said the dramatic rebound in equities made sense despite the ongoing war with Iran because of the strength of corporate earnings. Still, he said he recommends a 5% to 15% allocation to gold as an “effective diversifier.”

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Advertisement
Continue Reading

Crypto World

Crypto ETPs Extend Inflow Streak as BTC Trades Above $76K

Published

on

Crypto ETPs Extend Inflow Streak as BTC Trades Above $76K

Cryptocurrency investment products continued their run of inflows last week as Bitcoin traded at its highest levels since early February.

Crypto exchange-traded products (ETPs) recorded $1.2 billion in inflows last week, marking their fourth consecutive week of gains, CoinShares reported Monday.

The inflow streak is the largest so far this year, as the four-week total has reached about $3.9 billion, surpassing the previous four-week run of $2.9 billion in March.

Total assets under management rose to $155 billion, the highest level since Feb. 1, supported by Bitcoin trading above $76,000 for the first time since its February correction, CoinShares head of research James Butterfill said.

Advertisement

He said that crypto ETP growth likely reflects improving institutional demand against a backdrop of a Bitcoin surge. “The market now turns to the FOMC decision on April 28–29, which is likely contributing to caution at the margin,” Butterfill added.

Bitcoin leads inflows as most assets see gains

Bitcoin led last week’s ETP inflows, drawing $932.5 million and lifting year-to-date flows to $4 billion. A large share of these inflows came from US-listed spot Bitcoin exchange-traded funds, which recorded about $824 million in inflows last week, according to SoSoValue.

Ether ETPs ranked second with $192 million of inflows, marking the third consecutive week of gains above $190 million, with year-to-date inflows now at $390 million.

Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares

Advertisement

XRP funds returned to inflows after recording $56 million in outflows the previous week.

Despite the positive trend, short-Bitcoin products also recorded modest inflows of $16.5 million. That was broadly in line with the prior month’s average, suggesting persistent but not elevated hedging demand, Butterfill said.

Blockchain equity ETFs hit record weekly inflows.

The analyst also noted that blockchain equity ETFs recorded a record week of inflows.

The ETFs have seen $617 million in inflows over the past three weeks, Butterfill said, highlighting rising demand for exposure to the broader technology and digital asset sector.

Advertisement

Related: Morgan Stanley launches stablecoin offering through money market fund

Regionally, the US dominated with $1.1 billion of inflows. Germany saw around $62 million, more than double the prior week, while Switzerland reversed last week’s $138 million of outflows with $35 million of inflows.

Magazine: XRP hints at 30% spike, Bitcoin ETFs post 9-day inflow streak: Hodler’s Digest, April 19 – 25

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Source link

Advertisement
Continue Reading

Crypto World

developers outline plan to protect network from quantum threats

Published

on

Quantum computing could break Bitcoin sooner, says Google

The Solana Foundation says it has a plan for dealing with future quantum computing risks, outlining in a new blog post how its developers are already aligned on a potential solution.

The foundation said on Monday two of the network’s core developer teams, Anza and Jump Crypto’s Firedancer, have independently landed on the same solution, a new type of digital signature called Falcon designed to withstand quantum computing, and have already started building early versions of it.

The alignment is notable given Solana’s technical constraints. The network’s high-speed, low-latency design has raised questions about whether more computationally intensive post-quantum cryptography could be adopted without trade-offs. The foundation said, however, that any eventual migration would be manageable and unlikely to significantly impact performance.

The blog post comes as debate intensifies across the crypto industry about whether advances in quantum computing could eventually undermine blockchain security. The Solana Foundation’s position: the risk is real but still distant.

Advertisement

“Quantum is still years away,” the foundation said, adding that migration plans are “well-researched, understood, and ready to deploy.”

Beyond core protocol work, the foundation pointed to existing efforts within the ecosystem, including Blueshift’s “Winternitz Vault,” a quantum-resistant primitive that has been live on Solana for more than two years and was recently cited by Google Quantum AI.

For now, no immediate changes are planned. Solana outlined a phased roadmap that includes continued research into Falcon and alternatives, introducing post-quantum schemes for new wallets if needed, and eventually migrating existing wallets.

Read more: Solana’s quantum-threat readiness reveals harsh tradeoff: security vs speed

Advertisement

Source link

Continue Reading

Crypto World

A Zero-Day Hack Triggered a 13-Block Reorg on Litecoin: Are User Funds Actually Safe?

Published

on

A Zero-Day Hack Triggered a 13-Block Reorg on Litecoin: Are User Funds Actually Safe?

Litecoin (LTC) took a hit on April 25, and not a small one. What exactly triggered the chaos, and whether the hack damage is truly contained, deserves a closer look.

A zero-day vulnerability in Litecoin’s codebase was exploited on April 25, triggering a 13-block reorganization that temporarily halted transaction finality across major mining pools.

The attack vector: un-updated nodes incorrectly accepted invalid MWEB (MimbleWimble Extension Block) transactions, which a Denial-of-Service attack exploited to flood the network.

The Litecoin team confirmed the bug on their official X account and stated a patch has been fully deployed, with node operators urged to update immediately.

Advertisement

No user funds were lost, but the reorg reversed transactions across those 13 blocks, a depth that qualifies as a serious network event by any measure.

A 13-block reorg isn’t a rounding error. Broader crypto markets are already navigating fragile sentiment around Bitcoin stalling near key levels, and a security incident on a top-20 chain adds pressure that technical analysis alone can’t absorb.

Can Litecoin Price Recover to $94 After the Hack Incident?

Advertisement

LTC holding up after the incident is actually the story, not the dip. Price bounced despite negative headlines, which tells you sellers did not fully take control.

But it is not strong either, it is just stable. Volume is messy across exchanges, which points to fragmentation, not a clean trend.

Source: Tradingview

Right now, everything comes down to $60. That is the level that flips the structure if it breaks with volume.

If that happens, LTC can move back toward the top of its range and regain momentum.

More realistically, this just stays sideways between roughly $56 and $59 while the market moves on and the news fades.

Advertisement

The risk is if issues resurface or sentiment weakens, because $52 is the floor, and if that breaks, downside opens quickly.

So this is a neutral setup, holding steady for now, but still waiting for a real direction.

Here is Why LiquidChain Could Be Replacing OG Coins Like Litecoin

LiquidChain is positioning around that idea, aiming to connect Bitcoin, Ethereum, and Solana liquidity into one layer so developers and users are not tied to a single ecosystem.

Advertisement

The pitch is about reducing fragmentation and making execution smoother across chains.

The presale is still early, around $0.01453 with just over $700K raised, which means it is in the early accumulation phase rather than widely priced.

But that also comes with the trade-off. Early-stage projects carry real execution risk, and liquidity only comes after launch.

So the contrast is simple, LTC offers stability with limited upside, while something like LiquidChain offers higher potential, but with much higher uncertainty.

Visit LiquidChain Here.

Advertisement

The post A Zero-Day Hack Triggered a 13-Block Reorg on Litecoin: Are User Funds Actually Safe? appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout

Published

on

Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout


The plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV’s recovery.

Source link

Continue Reading

Crypto World

MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe

Published

on

MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe

MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe

Banking Circle’s stablecoin settlement launch follows its CASP approval, entering a crowded market with SocGen, Sygnum and a 12-bank euro stablecoin consortium.

Source link

Continue Reading

Crypto World

MicroStrategy Purchases 3,273 Bitcoin for ~$255 Million; Polymarket Odds Show 10% Chance of Sale This Year

Published

on

MicroStrategy Purchases 3,273 Bitcoin for ~$255 Million; Polymarket Odds Show 10% Chance of Sale This Year

MicroStrategy has acquired an additional 3,273 Bitcoin in a new purchase valued at approximately $255 million, while prediction market Polymarket sets 10% odds on the company selling any Bitcoin before year-end.

MicroStrategy purchased an additional 3,273 Bitcoin for approximately $255 million, according to a Polymarket announcement on April 27, 2026. The acquisition marks the latest expansion of MicroStrategy’s Bitcoin holdings, which have become a cornerstone of the company’s treasury strategy.

Polymarket, a cryptocurrency prediction market, has priced the odds of MicroStrategy selling any Bitcoin in 2026 at 10%, indicating strong market confidence in the company’s continued hodling stance. MicroStrategy has been one of the largest corporate Bitcoin accumulators since 2020, using the digital asset as a primary vehicle for treasury management.

Sources: Polymarket | Polymarket

Advertisement

This article was generated automatically by The Defiant’s AI news system from publicly available sources.

Source link

Continue Reading

Crypto World

Kbank Tests Ripple Wallet For Remittances In South Korea

Published

on

Kbank Tests Ripple Wallet For Remittances In South Korea

South Korean internet-only bank Kbank has signed a strategic partnership with blockchain payments company Ripple to test blockchain-based overseas remittances. 

According to local media outlets like News1, The Korea Herald and Maeil Business, Kbank CEO Choi Woo-hyung and Fiona Murray, Ripple’s Asia-Pacific managing director signed the agreement at Kbank’s Seoul headquarters. The bank said the partnership will use Ripple’s global network and blockchain infrastructure to test whether overseas remittances can be made faster, cheaper and more transparent.

The companies are already conducting a phased technical verification. The first phase reportedly tested a separate app-based remittance structure, while the second phase is digitally linking customer accounts and internal systems to test remittance stability. It includes onchain transfers to countries such as the United Arab Emirates and Thailand, according to local reports. 

The tie-up comes as South Korean financial companies test blockchain-based cross-border payment infrastructure while the country’s stablecoin and digital asset rules remain under discussion.

Advertisement

South Korea companies prepare for stablecoin rules

South Korea is weighing how to regulate stablecoins under broader digital asset legislation. On April 8, South Korea’s ruling Democratic Party prepared a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world assets to be backed by assets held in trust. 

Citing an integrated draft of the proposed Digital Asset Basic Act, the Seoul Economic Daily previously reported that stablecoins used in cross-border transactions would be treated as a “means of payment” under the country’s Foreign Exchange Transactions Act. 

Related: South Korea tightens crypto withdrawal-delay exemptions after scam losses

The policy backdrop may explain why stablecoin and blockchain-payment tie-ups are accelerating before the rules are final. Banks, card companies and payment firms appear to be testing infrastructure, partners and use cases while avoiding full commercial launches ahead of legislation. 

Advertisement

On March 16, Hana Financial Group, one of South Korea’s largest financial conglomerates, signed a business agreement with the United Kingdom’s Standard Chartered Group for cooperation on various sectors, including foreign exchange and digital assets

The South Korean conglomerate also previously partnered with USDC-issuer Circle and major US crypto exchange Crypto.com to promote stablecoin-based payments for foreign visitors in the country, according to The Korea Times. 

On March 5, Asia Business Daily reported that South Korean payments company Danal will officially launch a digital asset payments service for foreign visitors in Korea in partnership with Binance Pay. 

Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M

Advertisement
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Source link

Continue Reading

Crypto World

MiCA has made euro stablecoins safe but weak, new report argues

Published

on

MiCA has made euro stablecoins safe but weak, new report argues

MiCA has made euro stablecoins safe but weak, new report argues

A new Blockchain for Europe report says MiCA has made euro stablecoins safer but less competitive, and urges targeted reforms to reserves and remuneration.

Source link

Continue Reading

Crypto World

Cross-border B2B stablecoin payments to hit $5 trillion by 2035, says Juniper Research

Published

on

Stablecoins account for most illicit crypto activity, FATF says

International stablecoin payments among businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report.

That figure would be 373 times greater than the estimated total value of $13.4 this year.

“Stablecoins are increasingly embedded in cross-border business-to-business (B2B) transactions, treasury operations, and supply chain settlements, where their programmability and 24/7 settlement finality offers advantages over correspondent banking rails,” the research firm said, adding they are “causing disruption to correspondent banking channels.”

Juniper said the growth is driven by stablecoins increasingly addressing the current inefficiencies within cross-border payments that traditional finance handles.

Advertisement

The firm estimates that 85% of the total stablecoin transaction value in 2035 will come from B2B, with the fiat-pegged cryptocurrencies shifting from a speculative asset to a foundational layer of institutional payment infrastructure.

Stablecoins are increasingly integrated in international payments among businesses, treasury operations, and supply chain settlements, because their speedy 24/7 settlement finality offers advantages over correspondent banking rails, the firm said.

“Stablecoins are not replacing payments infrastructure; they are being adopted where the advantages are most pronounced,” said Juniper Research Analyst Jawad Jahan. “Cross-border B2B is where those advantages are greatest, and where we expect the most sustained volume growth over the forecast period.”

He suggested stablecoin issuers should focus on enterprise integrations and treasury partnerships to capture the majority of this value.

Advertisement

Earlier this month, Chainalysis said stablecoins were on track to become a foundational layer of global finance, with adjusted transaction volumes projected to reach $719 trillion by 2035. The blockchain intelligence firm also said that when crypto becomes the default for the next generation, “the question is no longer if stablecoins compete with traditional rails, but how quickly they replace them.”

Source link

Continue Reading

Trending

Copyright © 2025