Overview
- Strategy bought 22,337 BTC for $1.57 billion between March 9 and 15 at an average price of $70,194, bringing its holdings to 761,068 BTC with a $75,696 cost basis.
- Roughly $1.18 billion, or about 75% of the purchase, was funded via STRC preferred-share issuance, with the remainder from a common stock ATM program.
- Bitcoin briefly rose above $75,500 after the disclosure before pulling back to around $73.9k during morning trading.
- BitMine added 60,999 ETH over the past week to reach about 4.596 million ETH, estimated near 4% of Ethereum’s circulating supply.
- Additional signals included Vitalik Buterin highlighting a Nimbus unified client to simplify Ethereum node operation, OpenSea delaying its SEA token launch, HYPE trading near $41, Circle’s stock doubling as USDC led adjusted volume, and Kalshi announcing a $1 billion perfect-bracket prize.