Strategy Buys 17,994 Bitcoin for $1.28B, Expands Corporate BTC Hoard to 738,731

Strategy is rapidly expanding its bitcoin treasury, deploying nearly $1.3 billion raised through equity sales to accumulate more BTC while tightening its capital markets machinery—deepening one of the most aggressive corporate accumulation strategies in global markets. Strategy Buys 17,994 Bitcoin Between March 2–8 as Treasury Nears 739K BTC Strategy Inc. (Nasdaq: MSTR) reported new activity […] Original

Nigel Farage takes 6% stake in UK Bitcoin treasury firm Stack BTC

UK-based digital asset firm Stack BTC Plc has secured £260,000 in fresh funding, with Reform UK leader Nigel Farage emerging as a key investor after acquiring a roughly 6% stake in the company. Summary Nigel Farage acquired an estimated 6% stake in Stack BTC through a £260,000 fundraising round. The company issued 5.2 million shares at 5p each on the Aquis Stock Exchange. Stack BTC plans to acquire profitable UK businesses while building a corporate Bitcoin treasury strategy. UK firm Stack BTC raises £260K to build corporate Bitcoin treasury The…

Bitcoin trades sideways near $67K as NYDIG pushes back on ‘tech stock’ narrative

NYDIG is pushing back against a common narrative among investors that Bitcoin behaves like a high-growth software stock, arguing that the digital asset operates under a fundamentally different economic model. Summary Research from NYDIG argues that Bitcoin should not be treated like a software stock despite frequent comparisons by investors. The report says Bitcoin lacks the revenue, cash flow and valuation metrics that typically define technology equities. Bitcoin traded around $67,400 at press time, up roughly 2.2% on the day, while continuing to move within a consolidation range. Why Bitcoin…

Here’s why Bitcoin price dropped under $66K today

Bitcoin price briefly touched an intraday low of $65,727 on Monday, March 9, as market sentiment remained risk-off amid concerns surrounding rising oil prices and escalating tensions between the U.S. and Iran.  Summary Bitcoin price briefly fell towards the $65,000 support level as investors reacted to a spike in oil prices. The ongoing conflict between the U.S. and Iran has disrupted trade at the Strait of Hormuz, a global checkpoint for oil distribution. According to data from crypto.news, Bitcoin (BTC) price fell 3.5% to an intraday low of $65,727 on…

Saylor hints at Strategy’s 101st Bitcoin purchase as price slips amid US-Iran tensions

Strategy may be gearing up for its 101st Bitcoin purchase, according to a cryptic post shared by co-founder Michael Saylor. Summary Michael Saylor has hinted at Strategy’s 101st Bitcoin purchase. The company currently holds 720,737 BTC worth over $48.7 billion. Bitcoin was trading near $67,500, below Strategy’s average purchase cost. As is often the case with Saylor’s posts, he shared Strategy’s Bitcoin accumulation chart, which tracks the company’s purchases since it first began buying the asset in August 2020. “The Second Century Begins,” he wrote on X. Strategy BTC accumulation…

‘The Second Century Begins’: Saylor’s Declaration Ignites Huge Bitcoin Buying Anticipation

Strategy’s massive bitcoin accumulation is back in focus after Michael Saylor shared a chart highlighting continued corporate buying, reinforcing the firm’s position as the largest public-company holder and sparking speculation that another acquisition cycle may be underway. Michael Saylor’s Bitcoin Chart Signals Ongoing Corporate Treasury Accumulation Institutional attention around corporate bitcoin accumulation resurfaced after Strategy’s […] Original

Startup Starcloud Plans First Bitcoin Mining Satellite in Low-Earth Orbit

A Washington startup says the next frontier for computing—and possibly bitcoin mining—may orbit hundreds of miles above Earth. Bitcoin Mining Heads to Space as Starcloud Prepares Starcloud-2 Satellite Launch According to a report by PCMag, Redmond-based space technology and artificial intelligence (AI) infrastructure company Starcloud is advancing plans to place data centers in low-Earth orbit, […] Original

Strategy buys $200M Bitcoin, Kazakhstan crypto plan

In this week’s edition of the weekly recap, Strategy disclosed its third-largest Bitcoin purchase of the year, adding $200 million worth of the asset to reach approximately 720,750 total holdings. Summary Strategy bought $200M in Bitcoin, raising holdings to about 720,750 BTC. Deloitte verified USAT reserves in the stablecoin’s first attestation. Kazakhstan plans a $350M crypto allocation from national reserves Additionally, Anchorage Digital engaged Deloitte for USAT’s first attestation report linking Big Four accounting with Tether’s regulated U.S. stablecoin efforts, and Kazakhstan’s central bank confirmed plans to allocate up to…