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  • Strategy plans to offer five million shares with new preferred stock to purchase additional Bitcoin

    Strategy plans to offer five million shares with new preferred stock to purchase additional Bitcoin

    Coinbase will delist Wrapped Bitcoin (WBTC) on December 19, 2024

    • The shares will accumulate cumulative dividends at a fixed rate of 10% each year
    • Strategy said that dividend payments will begin paying out on June 30, 2025
    • To date, Strategy holds under 500k Bitcoin, valued at over $40 billion

    Strategy is planning to offer five million shares of the company’s Series A perpetual strife preferred stock, $STRF, as it works on acquiring more Bitcoin.

    In an announcement, Michael Saylor’s Strategy said it intends to use the proceeds for “general corporate purposes,” including the “acquisition of Bitcoin.” However, it noted that this was “subject to market, and other conditions.”

    According to the company, the shares will accumulate cumulative dividends at a fixed rate of 10% per year. Dividends will be paid out beginning on June 30, 2025 “out of funds legally available for their payment,” Strategy said.

    Raising funds for Bitcoin

    The news comes as Strategy announced earlier this month that it’s planning to issue and sell shares of up to $21 billion in its at-the-market (ATM) program.

    Through selling shares of its 8.00% Series A perpetual strike preferred stock, $STRK, Strategy said the additional capital will be used for general corporate operations, including the purchase of more Bitcoin.

    The latest news also follows a recent Bitcoin purchase Strategy made in an announcement yesterday. In a post on X, Saylor said it had acquired 130 Bitcoin for $10.7 million at an average price of $82,981 per Bitcoin.

    To date, Strategy now holds 499,226 Bitcoin, valued at $40.92 billion, according to SaylorTracker.com.

    Peter Schiff, a long-time opponent of Bitcoin, commented on Saylor’s tweet, saying: “Is that all you bought?  Seems like you are running out of fire power.”

    Crypto prices decline

    News of Strategy’s recent Bitcoin purchase and its share offering comes as crypto prices across the market have seen a sharp decline.

    At the time of publishing, Bitcoin is trading around $81,000, a substantial drop from its all-time high of $109,000 reached in January ahead of US President Donald Trump’s inauguration.

    Market conditions and geopolitical issues continue to impact prices despite Trump signing an executive order in March to create a Strategic Bitcoin Reserve.

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  • Here’s why Bubblemaps (BMT) price soared 110% today

    Here’s why Bubblemaps (BMT) price soared 110% today

    • Bubblemaps (BMT) has spiked more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29.
    • This put BMT ahead of Mubarak (MUBARAK) and API3 (API3) in terms of 24-hour performance.
    • Binance and Bithumb news are likely catalysts for Bubblemap’s price rally.

    Bubblemaps’ native token BMT has surged by more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29.

    The altcoin’s gains put it at the top of the 500 largest coins by market cap, ahead of Mubarak (MUBARAK) and API3 (API3). Per CoinMarketCap, the two tokens have surged 77% and 54% respectively in the past 24 hours. Bounce (AUCTION) led gainers on Monday.

    Why did Bubblemaps price skyrocket today?

    Bubblemap’s BMT is surging amid an overall flip for some altcoins. The cryptocurrency is also surging as BMT’s traction post its token generation event continues.

    Part of this upside momentum reflects invstor enthusiasm after major announcements by Binance and Bithumb. Recently, Binance announced the launch of BMT futures and price rallied hard.

    Bubblemaps price chart by CoinMarketCap

    On Tuesday, South Korean crypto exchange Bithumb announced trading support. With another major Binance announcement out today, Bubblemaps has skyrocketed.

    “Binance is excited to announce the 12th project on the HODLer Airdrops page – Bubblemaps (BMT). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-03-02 00:00 (UTC) to 2025-03-06 23:59 (UTC) will get the airdrops distribution,” the exchange noted.

    Users will get the HODLer Airdrops in their spot accounts at least an hour before the exchange rolls out trading.

    Expected pairs set to go live on March 18 at 15:00 UTC will be BMT against stablcoins Tether (USDT), USDC (USDC) and First Digital USD (FDUSD). Binance will also list trading pairs against BNB (BNB) and Turkish Lira (TRY).

    Bulls push BMT price to all-time high

    Positive vibes have propelled BMT’s market capitalization to over $72 million, with trading volume up 257% in 24 hours.

    Bubblemaps is a blockchain data visualization platform designed to make complex on-chain data accessible and actionable. Launched on networks like Solana and BNB Chain, Bubblemaps transforms tokenomics and wallet interactions into intuitive bubble charts, helping users identify patterns, clusters, and potential scams.

    Its native token, BMT, powers the ecosystem and serves as both a utility and governance token.

    Since its token generation event on March 11, hosted on Binance Wallet, Bubblemaps has seen its price jump to the all-time high of $0.29. Notably, BMT is up 266% since its all-time low of $0.07 on March 12.

    Momentum has swung upward amid top exchange’s listing of BMT. Apart from Binance and Bithumb, the token is available on Kraken, Bitget and Bybit.

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  • Crypto market sees over $230 million in liquidations

    Crypto market sees over $230 million in liquidations

    Buy the dip

    The crypto market continues to struggle with downward pressure, with over $230 million in liquidations recorded in a single day.

    Per data from Coinglass, total liquidations were up 157% in the past 24 hours. Over this period, more than 95,478 traders had been liquidated.

    At the time of writing, the total liquidations stood at $232 million. Data showed the largest single liquidation order coming in on Binance for an ETH/USDT position valued at $5.59 million.

    ETH, XRP and SOL liquidations

    The crypto market’s total capitalization stands at $2.8 trillion, with Bitcoin’s dominance at 58.9%.

    However, the latest wave of liquidations has hit traders hard, particularly those convinced the price was on the upward mend.

    With leveraged positions largely longs, most of the rekt positions were bullish bets. Coinglass data shows over $73 million and nearly $44 million are for Bitcoin and Ethereum.

    XRP and Solana also witnessed huge liquidation.

    Crypto price outlook

    As noted, Bitcoin (BTC) saw over $73 million in liquidations.  This followed another massive short position for BTC, with a whale taking a 40x leverage. The whale’s liquidation is above $86,000. BTC price currently hovers around $83,316. What happens to the whale?

    Crypto trader and analyst Ash Crypto notes an announcement from Strategy founder Michael Saylor buying more BTC could see the $380 million whale record substantial losses.

    “If Saylor announces that he is buying $2 billion Bitcoin soon or even hints it, $380 million 40x short whale will get liquidated in a single candle,” the analyst posted on X.

    Another analyst shared:

    Currently, Bybit, Binance and OKX lead the total liquidations mark.

    As bulls plot to fell the bears, the rising liquidations underscore the risks of leverage. In a volatile market, millions or even billions could get wiped out in hours.

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  • Bounce Token (AUCTION) spikes 36% to lead top gainers

    Bounce Token (AUCTION) spikes 36% to lead top gainers

    • Bounce Token soared more than 36% on Sunday, gaining to an intraday high of $36.17.
    • Analysts predict a breakout for AUCTION price.

    Bounce Token (AUCTION) has surged by an impressive 36% over the past 24 hours, emerging as among top gainers in the 500 largest coins by market cap. Only Ancient8 (AB) with a staggering 109% in 24 hours and BinaryX (BNX) with 40% as surged by more.

    Notably, this price spike comes as most altcoins look to hold onto gains as Bitcoin hovers near $84k.

    Bounce Token price recap: A 36% surge in 24 hours

    According to CoinMarketCap data on March 16, 2025, Bounce Token (AUCTION) climbed 36% to reach an intraday high of $36.17. While the altcoin, native to the decentralised auction platform, remains about 49% from it’s all-time high of $70.56, it has seen significant gains in recent weeks.

    Per CoinMarketCap, AUCTION price has jumped by about 107% over the past seven days and 204% in the past month. These gains have pushed Bounce Token’s market capitalization to around $232 million.

    Meanwhile, trading volume has also skyrocketed, up 230% in 24 hours to hover at $590 million at the time of writing.

    Why is the AUCTION price up today?

    Bounce Token’s price rally builds on AUCTION’s longer-term momentum. Part of this has to do with the growth in the ecosystem and new project launches.

    One of these is Auction Intelligence, an artificial intelligence (AI) agent launchpad by Bounce Finance, which went live on the BNB Chain.

    Although the market is largely negative, Bounce Token bucks the trend with notable impetus from its traction in the DeFi space. There’s also huge anticipation around real-world collectibles.

    As noted above, an innovative auction mechanism and adoption are key to the current upward trajectory.

    Can AUCTION bounce to a new ATH?

    If the bulls hold key support levels, such as the $30, its possible they could target the $60 mark seen in November 2021. From here, with supportive market conditions, it would be a new ATH for buyers.

    Crypto insights provider Crypto Sat shared an outlook for AUCTION price on March 12.

     

    On the flipside, profit taking deals could allow bears to target $20 and then $10 – previous demand reload zones.

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  • Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

    Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

    Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

    • Bitcoin Pepe presale nears $5M as Bitcoin (BTC) hits $85,263.
    • Whales are buying BTC en mass, boosting confidence in Pepe’s L2 vision.
    • The current Bitcoin Pepe presale price of $0.0281 offers a great entry point before the anticipated Q2 listing.

    As Bitcoin’s price rebounds, hitting an intraday high of $85,263.29 on CoinMarketCap and reclaiming its 200-day moving average, the crypto market is buzzing with renewed energy. Amid this rebound, Bitcoin Pepe, a pioneering layer 2 solution building Solana-style scalability on Bitcoin, is closing in on a $4.9 million presale haul.

    With the world’s only Bitcoin meme ICO going viral, investors are eyeing a massive upside as BTC bulls regain momentum and whales accumulate during the dip.

    Bitcoin’s rally fuels meme coin momentum

    Bitcoin’s climb to $85,263.29, up 4.9% in just 24 hours, reflects a broader risk-on sentiment sweeping both crypto and traditional markets. The S&P 500 and Nasdaq rose 1.7% and 2.3%, respectively, signaling a return of investor confidence.

    This backdrop couldn’t be timelier for Bitcoin Pepe, now in Stage 7 of its 30-stage presale. Priced at $0.0281, each stage brings a 5% price hike, offering early adopters like those in Stage 1 a 33.8% gain already—hinting at Solana’s early days when it soared from $0.22 in 2020.

    As short-term BTC holders panic-sell at a loss, Bitcoin Pepe’s vision of uniting memes on BTC’s secure foundation is striking a chord.

    The project’s audited smart contracts and doxxed team add credibility to its bold claim of transforming Bitcoin into the future home of meme coin trading.

    With whales snapping up BTC during this dip, as noted by trader Quinten Francois on X, the market’s big players seem to share a bullish outlook.

    Amid this whale accumulation, Bitcoin Pepe’s PEP-20 token standard promises to spark a token creation boom on BTC, much like Ethereum’s ERC-20 did, positioning it to capture the $2 trillion of dormant BTC capital ready to flood into meme mania.

    Presale urgency grows with market shifts

    With $4,879,100 raised and counting, Bitcoin Pepe’s presale is heating up as it approaches its Q2 2025 listing. The current Stage 7 price of $0.0281 jumps to $0.0295 in Stage 8, and savvy investors are rushing to lock in gains before the next increase.

    This urgency aligns with market trends—analyst Bob Loukas predicts Bitcoin (BTC) and stocks have “more room to run” after bouncing from oversold levels.

    For Bitcoin Pepe, this could mean a perfect storm: a strengthening BTC paired with a layer 2 poised to deliver Solana-speed transactions and ultra-low fees.

    The project’s staking rewards further sweeten the deal, offering holders passive income with APYs up to 10,000% for long-term pools, blending boomer security with zoomer gains.

    As Bitcoin reasserts its dominance, Bitcoin Pepe’s mission to onboard the next billion users through a retail-friendly, meme-driven experience feels more attainable. Investors joining now, ahead of the Q2 DEX and CEX listings, are betting on a future where BTC isn’t just digital gold but the epicenter of meme coin chaos.

    To learn more, visit the official Bitcoin Pepe website.

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  • REX Shares launches REX Bitcoin Corporate Treasury Convertible Bond ETF

    REX Shares launches REX Bitcoin Corporate Treasury Convertible Bond ETF

    REX Shares launches REX Bitcoin Corporate Treasury Convertible Bond ETF

    • REX Shares has launched BMAX ETF for Bitcoin treasury bonds.
    • BMAX offers debt stability and equity upside via Strategy.
    • The fund carries risks like volatility and regulatory scrutiny.

    On March 14, 2025, REX Shares, a Miami-based innovator in exchange-traded products, unveiled a groundbreaking financial instrument: the REX Bitcoin Corporate Treasury Convertible Bond ETF, trading under the ticker NASDAQ: BMAX.

    This first-of-its-kind fund offers investors a unique opportunity to tap into convertible bonds issued by companies that hold Bitcoin (BTC) on their balance sheets.

    With Bitcoin’s price climbing 2.1% to $83,400 and Strategy (formerly MicroStrategy) gaining 5.1% in morning trading on launch day, the timing underscores growing interest in Bitcoin-linked corporate strategies.

    A convertible Bitcoin treasury bond for retail investors

    The concept behind BMAX traces back to a playbook pioneered by Michael Saylor, Chairman of Strategy. His company famously began stacking Bitcoin on its balance sheet, funding the purchases partly through convertible bonds and new stock offerings.

    Other firms followed suit, creating a niche asset class that blends the stability of debt with the growth potential of equity.

    However, until now, these bonds were largely out of reach for individual investors, locked behind complex market barriers. BMAX changes that, packaging this strategy into a single, actively managed ETF that simplifies access for retail investors and advisors alike.

    Greg King, CEO of REX Financial, hailed the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF as a milestone. “BMAX is the first ETF giving everyday investors a shot at convertible bonds tied to companies embracing Bitcoin as a treasury asset,” he said.

    With over $6 billion in assets under management, REX is no stranger to alternative-strategy ETFs, and BMAX fits squarely into its mission of delivering innovative exposure. The fund’s concentrated focus zeroes in on issuers like Strategy, a heavyweight in Bitcoin-backed debt, offering a regulated way to ride the crypto wave without directly owning Bitcoin.

    What sets BMAX apart is its hybrid appeal. Convertible bonds, by nature, carry traits of both debt and equity. They provide a steady income stream like traditional bonds but can convert into stock, capturing upside if the issuing company’s share price soars—say, on a Bitcoin rally.

    For investors wary of Bitcoin’s wild price swings, BMAX offers a more conservative entry point, balancing debt’s relative calm with equity’s potential kick. It’s a middle ground for those intrigued by crypto but hesitant to dive in headfirst.

    BMAX’s risks

    Still, BMAX isn’t without its hazards. The fund’s prospectus lays out a laundry list of risks, from Bitcoin’s notorious volatility to the unique challenges faced by companies like Strategy.

    These “Bitcoin Corporate Treasury Companies” grapple with speculative hype, regulatory scrutiny, and accounting quirks—like impairment losses when the Bitcoin (BTC) price dips.

    Strategy, a key holding due to its outsized market cap, adds its own layer of risk, tied to both its Bitcoin hoard and its legacy software business.

    Interest rate shifts, liquidity concerns, and even tax implications (BMAX is taxed as a C-corporation, unlike most ETFs) further complicate the picture.

    However, despite the risks, BMAX signals a maturing crypto market where indirect exposure is gaining traction. Distributed by Foreside Fund Services, LLC, and backed by REX’s expertise, the ETF opens a door to a strategy once reserved for institutional players.

    As Bitcoin cements its role in corporate treasuries, BMAX offers a fresh lens on the intersection of traditional finance and digital assets—proving that innovation, even in ETFs, keeps pace with a fast-evolving world.

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  • Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why

    Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why

    • US Bitcoin ETFs collectively manage $115 billion in assets
    • Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion
    • Bitcoin’s decline continues as selling pressure intensifies

    Even as Bitcoin’s price has tumbled 25% since the start of 2025, a staggering 95% of investors in US spot Bitcoin ETFs have held firm, resisting the urge to sell.

    Despite market volatility and macroeconomic uncertainties, Bloomberg data suggests that the overwhelming majority of ETF holders remain unfazed, showcasing strong conviction in Bitcoin’s long-term potential.

    Bitcoin ETFs show resilience 

    Bloomberg ETF strategist James Seyffart reported that inflows into Bitcoin ETFs have slightly declined to $35 billion, down from their $40 billion peak.

    However, this still represents over 95% of investor capital remaining in ETFs, even as Bitcoin’s price struggles.

    Institutional investors, including Goldman Sachs, continue to maintain significant exposure, with more than $1.5 billion invested in Bitcoin ETFs.

    As of now, US Bitcoin ETFs collectively manage $115 billion in assets, underscoring the staying power of both retail and institutional investors despite the crypto market downturn.

    Bitcoin ETF outflows persist

    Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion.

    On March 13 alone, outflows reached $135 million, according to Farside Investors.

    However, BlackRock’s iShares Bitcoin Trust (IBIT) remains an exception, attracting net inflows of $45.7 million amid the broader sell-off.

    Bitcoin price faces pressure 

    Bitcoin’s decline continues as selling pressure intensifies due to macroeconomic concerns, including the Trump administration’s ongoing tariff battle.

    While BTC briefly surged above $84,000 following the release of US CPI data on Wednesday, it failed to hold above key resistance levels.

    At press time, Bitcoin is trading at $81,953, down 1.56% on the day, with daily trading volume dropping 22% to under $30 billion.

    According to Coinglass data, 24-hour liquidations have spiked to $75 million, with $52 million in long positions being wiped out.

    CryptoQuant CEO Ki Young Ju noted that Bitcoin demand appears “stuck” at current levels but emphasized that it is still “too early to call it a bear market.”

    Long-term Bitcoin holders continue accumulating

    Despite Bitcoin ETF outflows, on-chain data reveals that long-term holders are accumulating more BTC.

    Crypto analyst Ali Martinez reported that these investors have added over 131,000 BTC to their wallets in the past month alone, signaling confidence in Bitcoin’s long-term trajectory.

    With Bitcoin’s price volatility and ETF outflows persisting, the coming weeks could be crucial in determining whether investors’ diamond hands will hold firm or if selling pressure will intensify.

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  • Nasdaq-listed video-sharing platform Rumble invests $17.1M in Bitcoin (BTC)

    Nasdaq-listed video-sharing platform Rumble invests $17.1M in Bitcoin (BTC)

    Nasdaq-listed video-sharing platform Rumble invests $17.1M in Bitcoin (BTC)

    • Rumble bought 188 Bitcoin (BTC) for $17.1M, nearing its $20M goal.
    • Rumble’s CEO sees BTC as an inflation hedge and crypto tie-in.
    • Future Rumble BTC purchases depend on market and cash flow conditions.

    Rumble, a Nasdaq-listed video-sharing platform and cloud services provider trading under the ticker RUM, has purchased $17.1 million worth of Bitcoin (BTC).

    Rumble acquired approximately 188 BTC at an average price of $91,000 per coin, aligning with its previously disclosed plan to diversify its corporate treasury.

    The purchase is part of a broader treasury strategy outlined late last year, when Rumble revealed intentions to allocate up to $20 million of its cash reserves to Bitcoin. With this transaction, the company has nearly reached that cap, spending $17.1 million to bolster its holdings.

    CEO Chris Pavlovski emphasized the strategic value of the move in a press release shared with media houses, noting that Bitcoin serves as a hedge against inflation and remains immune to the dilution that plagues many government-issued currencies.

    For a company positioning itself as a key player in both video content and cloud services, this investment underscores a deliberate push into the crypto ecosystem.

    Rumble’s forays into crypto

    Rumble’s leadership views Bitcoin not just as a financial asset but as a cornerstone of its identity within the crypto community.

    Pavlovski highlighted the company’s excitement about officially holding BTC, suggesting it strengthens Rumble’s appeal as a platform for crypto enthusiasts. This sentiment builds on a $775 Million Strategic Investment from Tether, the leading stablecoin issuer, further solidifying its ties to the cryptocurrency industry.

    The BTC purchase, therefore, is less a standalone decision and more a continuation of Rumble’s evolving relationship with digital assets.

    Rumble’s journey into Bitcoin comes with a clear acknowledgment of the risks involved, as outlined in its forward-looking statements. The company cautioned that its actual results could differ from expectations due to Bitcoin’s price swings, regulatory hurdles, and its ability to sustain growth in a crowded market.

    Additional concerns include cybersecurity threats, reliance on third-party vendors for core services, and the challenge of maintaining advertiser relationships—issues that could complicate its ambitions. Despite these uncertainties, Rumble remains committed to its vision of weaving cryptocurrency into its operational DNA.

    Founded with a mission to counter the dominance of Big Tech by offering an independent infrastructure, Rumble sees its Bitcoin (BTC) investment as a natural extension of its ethos. The company, which also launched Rumble Cloud to diversify its offerings, is betting that embracing decentralized assets like BTC will resonate with its user base and bolster its financial resilience.

    As Pavlovski put it, this is about more than just treasury management—it’s about ingraining crypto into the company’s future.

    Whether this gamble pays off will depend on both Bitcoin’s trajectory and Rumble’s ability to navigate the unpredictable waters of tech and finance.

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  • Bitcoin drops to $76k after Trump fails to rule out a recession

    Bitcoin drops to $76k after Trump fails to rule out a recession

    Bitcoin dips to $86k

    • Ether dropped 9%, XRP fell 2%, and Dogecoin lost over 8% in 24 hours
    • Investors react to Trump’s comments about a possible recession
    • The US stock market lost more than $1.7 trillion in value

    Crypto prices have fallen across the board, with Bitcoin dropping below $77,000 as investors continued to react to US President Donald Trump’s tariff policies and the Bitcoin reserve plan.

    Bitcoin’s price at $76,000. Source: CoinMarketCap

    In the early hours of Tuesday, March 11, Bitcoin fell to $76,000, a figure not seen since last September. In a post on X, crypto trader Ali said:

    “If #Bitcoin $BTC holds $80,000, the bull case remains strong. Losing this level, however, could put $69,000 in play as the next key support!”

    Bitcoin has risen slightly and is back up around $81,600 at the time of publishing, according to CoinMarketCap. Ether, on the other hand, was down over 9% in 24 hours to $1,920, XRP had fallen more than 2%, at $2.13, and Dogecoin was down over 8.81% to $0.1607.

    The market reacts

    News of the continued market sell-off comes as investors react to Trump’s trade tariffs, the announcement of the US Strategic Bitcoin Reserve, and the possibility of a recession.

    Following Trump’s remarks, the US stock market lost more than $1.7 trillion in value yesterday. Elon Musk’s Tesla saw its shares drop by at least 15% to $222, losing over half its value from its December peak at $479.86. In a post on X, Musk said: “it will be fine long-term.”

    Market conditions haven’t been helped by Trump’s trade tariffs on Canada, China, and Mexico. Last month, it was confirmed that Trump was imposing a 25% trade tariff on Canada and Mexico; however, this has been delayed until April 2. China had a 20% tariff levied against it.

    BitMEX co-founder Arthur Hayes took to X to ask people to be “patient.”

    “$BTC likely bottoms around $70k. 36% correction from $110k ATH, v normal for a bull market,” adding:

    “Traders will try to buy the dip, if you are more risk averse wait for the central banks to ease then deploy more capital. You might not catch the bottom but you also won’t have to mentally suffer through a long period of sideways and potential unrealised losses.”

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  • Michael Saylor’s Strategy to raise up to $21b to buy more Bitcoin

    Michael Saylor’s Strategy to raise up to $21b to buy more Bitcoin

    • Strategy is the world’s largest corporate holder of Bitcoin
    • Fresh purchases with the new capital will push the company’s total BTC holdings beyond 500,000 BTC.
    • Michael Saylor recently attended the White House Crypto Summit.

    Strategy, formerly MicroStrategy, has announced plans to raise additional capital for general corporate operations, including the purchase of more Bitcoin (BTC).

    In the announcement on Mar. 10, Strategy said it had plans to issue and sell shares of up to $21 billion in its at-the-market (ATM) program.

    The offer will be for its 8.00% Series A Perpetual Preferred Stock (STRK), with proceeds expected to fund the company’s general corporate purposes. Most of this will go into more Bitcoin purchases as Strategy continues to accumulate BTC. Strategy will also utilize raised funds for working capital.

    Strategy’s holdings just under 500k BTC

    Michael Saylor’s artificial intelligence and business intelligence company – now the world’s largest corporate BTC company- first added BTC as a treasury asset in 2020. Since then, its been a prolific buyer of the benchmark digital asset.

    With its last purchase in February 2025, Strategy pushed its haul to 499,096 BTC.

    This is where it currently stands, with total holdings just below the landmark 500,000 bitcoin. So far, the company has spent $33.1 billion to buy Bitcoin. Per details, the company’s average purchase price was $66,357 per bitcoin.

    News that Saylor was looking to buy more BTC slightly buoyed bulls during early trading on Mar. 10. Per market data, the top cryptocurrency’s price hovered around $83,252 at the time of writing.

    While price was down 1.4% in the past 24 hours, the slight gains had seen BTC rebound from lows of $80,120. BTC nonetheless continues to struggle despite last week’s executive order on a Strategic Bitcoin Reserve and the first-ever White House crypto summit.

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