Strive Allocates $50M to Strategy’s STRC Preferred Stock
Strive Asset Management has deployed $50 million of its treasury into Strategy’s STRC preferred stock, reflecting growing corporate interest in Bitcoin-linked yield instruments.
Strive Asset Management has deployed $50 million of its treasury into Strategy’s STRC preferred stock, reflecting growing corporate interest in Bitcoin-linked yield instruments.
Bitwise CIO Matt Hougan said Bitcoin could reach $1 million by capturing a portion of the global store-of-value market, increasingly competing with gold.
BitMEX co-founder Arthur Hayes said he would not invest in Bitcoin at current levels, arguing he will wait for US monetary easing before re-entering the market.
US spot Bitcoin ETFs recorded $251 million in inflows, pushing March totals to $1.56 billion, while XRP funds saw smaller outflows as Goldman Sachs emerged as the largest holder.
Bhutan has transferred 175 BTC from its national crypto reserves, according to blockchain analytics data. The move follows a series of periodic sales tied to the country’s state-backed mining program.
Crypto investment products posted $619 million in inflows last week, led by Bitcoin ETPs, despite ongoing geopolitical tensions and rising oil prices.
Michael Saylor’s Strategy added 17,994 BTC for $1.28 billion last week, increasing its total reserves above 738,000 Bitcoin despite trading below its average cost.
Reform UK leader Nigel Farage has invested $286,000 to acquire a 6.31% stake in London-listed Bitcoin treasury company Stack BTC amid growing political scrutiny of crypto donations.
Orbital data center startup Starcloud plans to begin mining Bitcoin in space later this year, positioning satellite infrastructure as a potential new frontier for crypto computing.
Crypto markets are consolidating after a volatile start to 2026. Bitcoin, Ethereum and select layer-1 networks remain key assets to watch as institutional demand stabilizes.
Vancouver city staff say Bitcoin cannot be included in municipal reserves under the Vancouver Charter, recommending council drop the proposal ahead of a vote.
Altcoin mentions on social media have dropped to a two-year low as Bitcoin draws investor attention, though market analysts see potential for renewed altcoin activity.
Bitwise Asset Management has contributed $233,000 to Bitcoin developers, marking its second annual donation tied to the success of its Bitcoin ETF.
Leopold Aschenbrenner’s hedge fund disclosed significant positions in Bitcoin miners and AI infrastructure firms, with equity exposure surpassing $5.5 billion.
US spot Bitcoin ETFs recorded $225 million in net inflows Tuesday, driven by strong demand for BlackRock’s IBIT despite redemptions from rival funds.