Strategy Buys 1,665 More Bitcoin And Spends $152M Buying Back STRC
TL;DR Strategy bought 1,665 BTC for approximately $142.7 million between September 21 and September 27. The company now holds 847,666 BTC acquired for about $63.95 billion in total. Strategy also repurchased roughly $151.7 million of STRC preferred shares during the same week. Strategy has accelerated its Bitcoin buying again while simultaneously using capital to retire…
VanEck Flags Heavy Executive Dilution At Bitcoin Treasury Firm Metaplanet
TL;DR VanEck has taken a closer look at dilution inside Metaplanet’s Bitcoin treasury strategy. Its analysis points to executive option capacity equal to 22.4% of shares. The issue is not Metaplanet selling Bitcoin, but how much shareholder dilution could accompany the strategy. Metaplanet has become one of the most closely watched corporate Bitcoin buyers outside…
Bitcoin ETFs Add $324.6M As Fidelity Dominates Friday Flows
TL;DR U.S. spot Bitcoin ETFs recorded $324.6 million in net inflows on September 18. Fidelity’s FBTC accounted for $310.7 million of the total. BlackRock’s IBIT recorded no net flow for the session. Bitcoin ETF money came back in force on Friday, but almost all of it landed in one place. U.S. spot Bitcoin ETFs recorded…
Metaplanet Buys 1,007 More Bitcoin As Treasury Hits 20,000 BTC
Metaplanet has bought another 1,007 Bitcoin for $69 million, lifting its total corporate treasury holdings to 20,000 BTC. The company said the latest purchase was made at an average price of $68,520 per Bitcoin. At that level, Metaplanet’s Bitcoin balance is now valued at more than $1.38 billion, making the Japanese company one of the…
CleanSpark Hits 30 EH/s Hashrate After Mississippi Facility Deal
CleanSpark has expanded its operational deployed hashrate beyond 30 EH/s after completing the acquisition of two Mississippi data center facilities. The company said the deal added 75 MW of operational power capacity, helping it pass the 30 EH/s milestone ahead of schedule. For Bitcoin mining investors, that is a meaningful operational update because hashrate growth…
Marathon Mines 670 Bitcoin In August As Treasury Reaches 25,000 BTC
Marathon Digital reported August production of 670 Bitcoin, while its corporate treasury balance reached 25,000 BTC under its full HODL strategy. The update gives investors a fresh look at one of the largest public Bitcoin miners at a time when mining companies are being judged on more than production alone. Hashrate, power costs, treasury strategy,…
Bitcoin ETFs Add $142M As September Trading Opens With Inflows
U.S. spot Bitcoin ETFs recorded $142 million in net inflows as September trading opened, giving Bitcoin traders a positive flow signal after the previous session’s outflow broke a multi-day streak. The inflow shows that regulated Bitcoin demand remains active, even after a choppy end to August. ETF flows have become one of the cleanest indicators…
Third Point’s Core Scientific Stake Puts Bitcoin Miner-To-AI Trade In Focus
Dan Loeb’s Third Point has disclosed an equity position in Core Scientific, adding another institutional name to the growing trade around Bitcoin miners moving deeper into AI infrastructure. The position appeared in Third Point’s Q2 13F filing, with the fund reporting 54,000 shares of Core Scientific. That is not the same as buying Bitcoin directly.…
Bitcoin Holds $78K As Strait Of Hormuz Strike Lifts Oil Above $90
Bitcoin held near the $78,000 area as geopolitical tension around the Strait of Hormuz pushed Brent crude above $90, giving traders another macro-risk event to price across energy, inflation, and risk assets. The move followed a CENTCOM statement on the escalation, while oil markets reacted to the risk of disruption around one of the world’s…
Bitcoin ETF Outflows Hit $201M As Inflow Streak Breaks
US spot Bitcoin ETFs recorded $201.9 million in net outflows for the August 28 session, ending a nine-day inflow streak and giving traders a cooler signal after a strong run of ETF demand. The outflow marks a shift from the prior sessions, when spot Bitcoin ETF demand had been one of the cleaner supports for…