Michael Saylor’s Strategy has purchased an additional 4,225 BTC for $472.5 million, further solidifying its position as one of the largest corporate Bitcoin holders. With an average purchase price of $71,268 per BTC, the company now holds 601,550 BTC, valued at over $73 billion at current prices. Saylor hinted at the acquisition earlier, emphasizing the firm’s commitment to accumulating Bitcoin despite market fluctuations. The latest buy was likely executed when BTC tested $112,000, before its subsequent price surge. Strategy’s aggressive BTC strategy has yielded a 20.2% YTD return, underscoring its confidence in Bitcoin’s long-term value.
about Saylor's Strategy Buys 4,225 BTC Before Price SurgeK33
0 in Finance and 0 in Crypto last weekBitcoin Rebounds Above $105K Amid Ceasefire News
Bitcoin’s price rebounded above $105,000 after news of an Iran-Israel ceasefire, reversing a weekend drop triggered by U.S. missile strikes on Iranian nuclear facilities. The Bitcoin Volatility Index hit its lowest level since October 2023 at 39.15, signaling expectations of stable prices around $105,000 ahead of Friday’s monthly options expiry. However, derivatives traders remain wary, with Bitcoin perpetual futures open interest plunging by 17,394 BTC in 24 hours—the steepest drop since August 2024. Analysts note a low-leverage environment, suggesting short-term price stability, but geopolitical tensions keep short-dated implied volatility elevated. Meanwhile, bullish sentiment is building for Bitcoin options expiring in July and September, indicating hopes for reduced uncertainty.
about Bitcoin Rebounds Above $105K Amid Ceasefire NewsBlockchain Group Hits 1,173% Bitcoin Yield with $170M Holdings
The Blockchain Group has increased its Bitcoin holdings to 1,653 BTC, worth $170 million, after acquiring an additional 182 BTC for $19.6 million. The company achieved a remarkable 1,173% BTC yield year-to-date, surpassing Metaplanet’s 266% yield. Funding came from €18 million in convertible bonds, with participation from UTXO Management, Moonlight Capital, and others. The firm plans to buy 70 more BTC, potentially raising holdings to 1,723 BTC. Separately, Norway’s K33 aims to raise $8.8 million to acquire up to 1,000 BTC, diversifying its portfolio and boosting growth. Both firms highlight the growing institutional interest in Bitcoin as a treasury asset.
about Blockchain Group Hits 1,173% Bitcoin Yield with $170M HoldingsK33 Raises $8.9M to Buy 1,000 Bitcoin for Treasury
Norwegian crypto firm K33 announced plans to raise at least 85 million Swedish krona ($8.9 million) via a share issue to fund the purchase of up to 1,000 Bitcoin for its company reserves. Pareto Securities has been appointed to manage the share issue, with a subscription price of $0.011 per share, aiming to issue at least 820 million shares. This follows K33’s earlier move in May to secure financing for acquiring 57 Bitcoin, signaling a strategic shift toward holding Bitcoin on its balance sheet as a treasury asset.
about K33 Raises $8.9M to Buy 1,000 Bitcoin for TreasuryMetaplanet Hits 10,000 BTC Milestone with $210M Bond Buy
Metaplanet has bolstered its Bitcoin holdings to 10,000 BTC through strategic acquisitions funded by equity and zero-coupon bonds, including a recent $210 million issuance. The firm’s BTC Yield surged to 87.2% quarter-to-date, reflecting strong performance despite dilution. With this milestone, Metaplanet surpasses Coinbase’s holdings and aims to accumulate 210,000 BTC by 2027. The move aligns with a broader trend of companies integrating Bitcoin into their treasuries, as seen with Mercurity Fintech and K33. Metaplanet’s aggressive strategy highlights growing institutional adoption of Bitcoin as a treasury asset.
about Metaplanet Hits 10,000 BTC Milestone with $210M Bond BuyMercurity Fintech to Raise $800M for Bitcoin Treasury
Mercurity Fintech Holding (MFH) has announced an $800 million fundraising initiative to create a Bitcoin treasury reserve, positioning BTC as a core component of its financial strategy. The New York-based firm will use institutional-grade custody infrastructure, staking services, and tokenized treasury tools to optimize yield and capital efficiency. This shift aligns with a broader trend of public companies integrating digital assets into their balance sheets, with 117 firms now holding over 800,000 BTC. MFH’s transition to the Russell 2000 and 3000 indices could further attract institutional investors. Other notable adopters include GameStop, Paris Saint-Germain F.C., and Trump Media & Technology Group, which recently launched a $2.5 billion Bitcoin initiative. Ethereum is also gaining traction, as seen in SharpLink’s $425 million ETH strategy. The move underscores growing corporate confidence in Bitcoin as a treasury asset.
about Mercurity Fintech to Raise $800M for Bitcoin TreasuryNorwegian Firm NBX Adopts Bitcoin Treasury, Stock Soars 138%
Norwegian Block Exchange (NBX) has made history as the first publicly listed Norwegian firm to adopt a Bitcoin treasury strategy, acquiring 6 BTC ($630,000) with plans to increase holdings to 10 BTC by June. The move triggered a 138% surge in NBX shares, reflecting a broader trend of public companies benefiting from BTC allocations. NBX will use its Bitcoin holdings as collateral to issue USDM, a MiCA-compliant stablecoin on Cardano, while leveraging DeFi for yield generation. The firm, already a licensed crypto exchange, aims to become a regulated digital asset bank. Norway’s growing corporate Bitcoin adoption includes Aker ASA (1,170 BTC) and Norges Bank’s indirect exposure via its sovereign wealth fund. NBX plans a capital raise targeting institutions and high-net-worth investors, with a dedicated Bitcoin treasury event scheduled for June 11.
about Norwegian Firm NBX Adopts Bitcoin Treasury, Stock Soars 138%Metaplanet and K33 Boost Bitcoin Holdings with Strategic Moves
Metaplanet has issued $21 million in zero-coupon bonds to further its goal of holding 10,000 BTC by 2025, adding to its current stash of 7,800 BTC worth $840 million. The bonds, part of a broader $135.2 million fundraising effort this year, are unsecured and allow early redemption. Meanwhile, Oslo-based K33 raised $6.22 million via convertible loans and equity to purchase Bitcoin, aiming to leverage its holdings for new crypto services. Both companies exemplify a growing trend of corporations integrating Bitcoin into their financial strategies, with Metaplanet ranking 11th globally in corporate BTC holdings.
about Metaplanet and K33 Boost Bitcoin Holdings with Strategic MovesK33 Plans Bitcoin Treasury Strategy with $6.2M Funding
K33, a Norwegian crypto brokerage, has secured 60 million Swedish krona ($6.2 million) through convertible loans and share issuances to fund its Bitcoin Treasury Strategy. The firm intends to use the capital to acquire Bitcoin, potentially adding up to 57 BTC to its holdings. CEO Bull Jenssen highlighted plans to leverage these holdings for new services, including BTC-backed lending, positioning K33 among public companies actively accumulating Bitcoin as a treasury asset.
about K33 Plans Bitcoin Treasury Strategy with $6.2M FundingK33 Invests $6.2M in Bitcoin as Treasury Strategy Gains Traction
K33, a Norwegian crypto brokerage and research firm, has entered an agreement to purchase $6.2 million worth of Bitcoin, reinforcing the trend of companies holding BTC as part of their treasury strategies. CEO Torbjørn Bull Jenssen emphasized Bitcoin’s role in the global financial system and its strategic value for K33. The announcement follows similar moves by firms like MicroStrategy, which now holds over 580,000 BTC, and the formation of Twenty One, a new Bitcoin treasury company planning to acquire $4.5 billion in BTC via a Nasdaq SPAC merger.
about K33 Invests $6.2M in Bitcoin as Treasury Strategy Gains TractionCryptocurrency Market Update Bitcoin Ethereum and Altcoin Price Predictions
Bitcoin (BTC) has been consolidating between $94,000 and $100,000, with recent FTX repayments pushing it towards the lower boundary. Meanwhile, Ethereum (ETH) has rebounded to $2,700, aided by historically low transaction fees, potentially attracting new users and challenging the $2,850 resistance. The altcoin market shows signs of a bullish continuation as it prepares for a five-wave cycle.
about Cryptocurrency Market Update Bitcoin Ethereum and Altcoin Price PredictionsBitcoin Expected to Experience Sell in May Effect This Year
An analyst from CryptoQuant predicts that Bitcoin (BTC) may experience the “sell in May effect,” leading to a sideways summer before a potential price rally in the last quarter of the year. Historical data suggests that BTC has seen significant returns when bought in October and sold in April, while May to September has yielded negative returns. Currently consolidating around $97,000 after a peak of $109,000, BTC’s future performance may be influenced by macroeconomic factors, but the ongoing halving cycle indicates further upside potential.
about Bitcoin Expected to Experience Sell in May Effect This Year