Druk Holding and Investments transferred 175 BTC worth approximately US$11.85 million on March 10, bringing Bhutan’s total 2026 bitcoin sales to roughly US$42.5 million across BTC and USDT transactions. Bhutan’s holdings have dropped from approximately 13,000 BTC at their late-2024 peak to about 5,400 BTC, a 58% decline conducted without public explanation through institutional counterparties. […]
Strategy acquired 17,994 BTC for US$1.28 billion between March 2 and March 8, paying an average of US$70,946 per coin. The purchase was funded roughly 70% through Class A common stock sales and 30% through Stretch Preferred Shares, bringing total Bitcoin reserves to 738,731 BTC acquired for approximately US$56 billion in aggregate. Strategy’s holdings represent […]
Starcloud plans to test Bitcoin mining in orbit by launching ASIC mining hardware aboard its upcoming Starcloud-2 satellite. The project builds on a 2025 mission that successfully ran Nvidia H100 GPUs in space and demonstrated orbital computing. The company believes continuous solar energy and natural cooling in space could reduce costs, though technical hurdles remain. […]
Although Bitcoin is no longer being priced as a macro hedge or rate/inflation trade, Bitcoin’s recent correlation with U.S. software equities doesn’t mean it has become a tech-stock proxy, analysis from financial services firm NYDIG finds. While correlations have risen to around 0.5, the firm argues that most of bitcoin’s price movements are still driven […]
US spot Bitcoin ETFs drew US$568.45 million in net inflows for the week, following US$787.31 million the prior week, the first two-week inflow streak since October 2025. The reversal ends a five-week outflow cycle that erased US$3.8 billion from the products, with the single worst week recording US$1.49 billion in outflows on Jan. 30. Ether […]
American Bitcoin’s corporate treasury reached about 6,500 BTC, after adding more than 500 BTC over the past three weeks. The company ordered 11,298 new ASIC miners rated at 13.5 joules per terahash, lifting its total owned fleet to 89,242 machines and targeting 28.1 EH/s of combined hashrate once the new rigs are deployed at its […]
Former White House communications director Anthony Scaramucci has said Donald Trump’s schemes and threats have caused entrenched political opposition that is hurting crypto markets. He still predicts that Bitcoin could reach $100,000 by the end of 2026, and also urged investors to treat the asset as a long-term investment. American financier and crypto pundit Anthony […]
Leading Bitcoin miners Core Scientific and MARA Holdings are looking to offload more Bitcoin to fund their pivots into AI infrastructure and high-performance computing. Their moves reflect a broader trend of Bitcoin miners looking to capitalise on opportunities in AI as the crypto markets slump following the October 2025 liquidation cascade. One Bitcoin mining firm, […]
Crypto derivatives venues provided 24/7 hedging during the Middle East conflict, with oil rising 5% and gold and silver gaining as traditional markets remained closed. Significant volume concentrated in metals, with silver and gold perpetual swaps recording a combined 24-hour volume exceeding US$400 million. Bitcoin and Ethereum rebounded by over 2%, as traders utilised round-the-clock […]
SpaceX is preparing for a confidential IPO filing as early as March with a potential $1.75 trillion valuation, which would surpass Saudi Aramco’s record for the largest offering. The filing will reveal SpaceX’s holdings of 8,285 BTC worth approximately $544.8 million, a position that has remained largely unchanged since early 2026. Transitioning to a public […]