strategy

According to SoSoValue data, as of 8 AM Eastern Time on April 13, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $1 billion, an increase of 36% compared to last week.Strategy (formerly MicroStrategy) announced an investment of $1 billion (an increase of 203% compared to last week) to purchase 13,927 Bitcoins at a price of $71,902, bringing its total holdings to 780,897 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, another company purchased Bitcoin last week. A French Bitcoin company announced on April 13 that it invested $2.6 million to buy 37 Bitcoins at a price of $70,168.90, bringing its total holdings to 2,925 Bitcoins.As of the time of writing, the total amount of Bitcoin held by publicly listed companies worldwide (excluding mining companies) is 1,047,244 Bitcoins, an increase of 1.35% compared to last week, with a current market value of approximately $74.29 billion, accounting for 5.2% of Bitcoin's circulating market value.

According to official news, Strategy bought 13,927 BTC again last week at an average price of about $71,900 per coin, costing about $1 billion, with a YTD BTC Yield of 5.6% for 2026.As of April 12, 2026, Strategy has accumulated a total of 780,897 BTC, with a total cost of about $59.02 billion and an average holding price of about $75,577 per coin.

According to Asda Finance, the Financial Secretary of Hong Kong, Paul Chan, stated that the authorities' licensing strategy is "small steps, quick progress," and will initially issue a small number of licenses. There needs to be practical application scenarios, and only after summarizing experiences post-launch will a second batch be issued.Stablecoins and digital assets are financial innovations that require encouragement for breakthroughs, but at the same time, safety must be ensured, and mechanisms must be in place to prevent money laundering, thus appropriate regulations are necessary. The benefits of stablecoins include decentralization and high efficiency, but they are merely a payment tool, not an investment tool.

According to BBX data, today (April 13), the U.S. Senate resumed its full session after the Easter recess, and cryptocurrency concept stocks maintained wide fluctuations under the dual variables of policy expectations and geopolitical pressures. The core dynamics are as follows:SpaceX (not listed) according to on-chain data from Arkham Intelligence and a report from The Information on April 11, currently holds 8,285 BTC, with a market value of approximately $603 million, custodied on the Coinbase Global, Inc. (NASDAQ: $COIN) institutional custody platform Coinbase Prime; for the fiscal year 2025, it is expected to record a net loss of nearly $5 billion due to acquisition expenses from its subsidiary xAI (compared to a profit of approximately $8 billion in the same period last year). On-chain data shows that this holding has not changed since mid-2024. It should be noted that the above holding data comes from a third-party on-chain tracking platform, and SpaceX has not officially disclosed it through official documents.Morgan Stanley (NYSE: $MS) launched the Morgan Stanley Bitcoin Trust (NYSE Arca: $MSBT) on April 8, with a management fee rate set at 0.14%, lower than BlackRock's iShares Bitcoin Trust (NASDAQ: $IBIT) at 0.25%; $IBIT currently has a management scale of approximately $55 billion, making it the most liquid Bitcoin spot ETF in the market. Analysts point out that the low fee rate of $MSBT, combined with Morgan Stanley's vast wealth management client network, poses a direct challenge to the existing funding landscape of IBIT, marking a shift in competition in the Bitcoin ETF market from "access competition" to "fee and distribution competition."Strategy, Inc. (NASDAQ: $MSTR) disclosed by Bloomberg on April 6, reported a paper loss of approximately $14.5 billion in Bitcoin holdings for Q1 2026, marking the worst quarter for Bitcoin since 2018 (with a decline of over 20% during the quarter); nevertheless, as of April 5, the company still holds 766,970 BTC, with a total holding cost of approximately $58.02 billion (average price $75,644), and during this period, it continued to purchase an additional 4,871 BTC, with founder Michael Saylor having not sold any holdings to date.

Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker. He stated, "Think ₿igger."According to previous patterns

Bitmine Chairman Tom Lee posted a video on the X platform showing that Ethereum co-founder Joe Lubin stated in an interview that after communicating with Michael Saylor, he found that the Ethereum treasury strategy could perform better than Strategy.Lubin pointed out that using Bitmine's model as an example, by allocating 100% of funds to ETH and participating fully in staking, compound growth can be achieved from day one. Compared to simply holding Bitcoin, Ethereum can also drive the balance sheet from a "holding" type to a "revenue + allocation" type through staking rewards and a multi-layer return mechanism within the ecosystem.

According to a tweet by @BitcoinArchive, Strategy added 3,447 bitcoins through its perpetual preferred stock product STRC yesterday, worth $250 million. This is equivalent to nearly 8 days' worth of newly mined bitcoin supply being removed from the market.

Strategy, led by Michael Saylor (formerly MicroStrategy), is expected to have purchased 3,468 BTC through its perpetual preferred stock STRC (Stretch).

According to official news, the fifth phase of the Strategy event in collaboration with the decentralized stablecoin USDD and Binance Wallet officially launched on April 10 at 8:00 AM (Singapore time) and will last until May 30, 2026, at 07:59. This phase will provide a reward pool equivalent to a total of 1 million USD in USDD. Users can participate in the USDD-USDT strategy by depositing at least 100 USDT in the Strategy section of the Binance Wallet, automatically qualifying for the reward distribution.It is reported that current participants do not need to take any new actions and will automatically participate in the fifth phase of the event. Event entry: Binance Wallet Strategy page.

According to BBX data, the cryptocurrency market maintained a strong oscillating pattern yesterday amid the positive aftermath of the ceasefire, with the following core dynamics:Strategy, Inc. (NASDAQ: $MSTR) disclosed on April 6 in accordance with SEC Form 8-K: the company purchased an additional 4,871 BTC at an average price of $67,718 from April 1 to 5, with a total expenditure of approximately $329.9 million; as of April 5, the total holdings reached 766,970 BTC, with a total book cost of approximately $58.02 billion (average price of $75,644). The funds for this round of purchases came from the sale of STRC preferred shares (net proceeds of approximately $102.6 million) and MSTR common stock (net proceeds of approximately $72 million).Bitmine Immersion Technologies (NYSE: $BMNR) officially upgraded from NYSE American to the New York Stock Exchange main board ("Big Board") on April 9, while also announcing that the board approved a $4 billion stock repurchase authorization. As of April 5, the company held 4,803,334 ETH (accounting for 3.98% of the total circulating supply), of which 3,334,637 ETH has been staked, yielding an annualized staking income of approximately $196 million; additionally, it holds 198 BTC and $864 million in cash, with total consolidated assets of approximately $11.4 billion.Morgan Stanley (NYSE: $MS) subsidiary Morgan Stanley Bitcoin Trust officially listed on NYSE Arca on April 8, with the stock code $MSBT, becoming the first Bitcoin spot ETF issued by a traditional Wall Street bank; over 1.6 million shares were traded on the first day, recording a net inflow of approximately $34 million; Coinbase Global, Inc. (NASDAQ: $COIN) subsidiary Coinbase Institutional has been designated as the official custodian for the fund.

According to monitoring by Hyperinsight, "Strategy Opponent" (0x94d3) executed a averaging operation on BTC short positions, increasing its holdings by 81.06 BTC, approximately 5.209 million USD.The total position size rose to 75.2048 million USD, with the average price slightly increasing from 69,036.20 USD to 69,181.40 USD, and the liquidation price at 79,320.81 USD. This position has an unrealized loss of approximately 1.8229 million USD (-96.96%), making it the largest BTC short on Hyperliquid.It is reported that this address had previously established large mainstream coin short positions in reverse during last December when MicroStrategy (MSTR) continuously increased its BTC holdings, with the position size reaching as high as 120 million USD, becoming the largest BTC short on the Hyperliquid platform at that time.

OKX founder and CEO Star responded to the tweet "Xu Mingxing rarely attends Hong Kong meetings," stating that he will gradually distance himself from the rumors and focus more on internal management, strategy, and technological products. OKX is also abandoning businesses it is not good at, concentrating on building great products, a comprehensive compliance and governance system, and establishing long-term, solid trust with regulators.He mentioned that the people in the photo are all old friends, and he is also an investor in some of the companies. Although there has been competition among peers in the past, essentially, everyone has worked together for many years and are all close brothers.At the same time, he acknowledged some inherent flaws in his personality—low emotional intelligence, being too straightforward, overly serious, and too persistent about right and wrong, as well as not being good at handling complex interpersonal relationships and individual business negotiations.

According to monitoring by BitcoinTreasuries.NET, the preferred shares STRC issued by Strategy raised funds that can purchase over 2500 BTC, equivalent to 5 times the total supply of Bitcoin miners on that day.

According to market news, Strategy founder Michael Saylor stated that Bitcoin likely bottomed around $60,000 in early February, when forced sellers were cleared from the market. The bottom is more determined by seller exhaustion rather than valuation. He believes that current selling pressure is limited, ETF inflows are absorbing daily supply, and corporate allocation of financial assets to Bitcoin is also creating sustained demand.Michael Saylor predicts that the catalyst for the next bull market will be the establishment of a banking credit and digital credit system built on Bitcoin, which will transform Bitcoin from a non-yielding asset into a capital market engine. Regarding the recently discussed threat of quantum computing, he believes the risks are exaggerated, and quantum threats remain theoretical and are likely to emerge decades later. By then, there will also be solutions. Mizuho maintains an outperform rating on Strategy with a target price of $320, which offers about 150% upside from the current stock price of $127.

According to CoinDesk, JPMorgan released a report stating that the total inflow of digital assets in the first quarter of 2026 is approximately $11 billion, annualized at about $44 billion, which is about one-third of the same period in 2025.Analysts Nikolaos Panigirtzoglou and others pointed out that the inflow of funds from retail and institutional investors is low or even negative, with the inflow in the first quarter mainly coming from Bitcoin purchases by Strategy and concentrated crypto venture capital financing.The overall cryptocurrency market declined in the first quarter, with the total market capitalization dropping by about 20%, Bitcoin falling by about 23%, and ETH declining by over 30%. The sell-off was driven by macroeconomic and geopolitical pressures, with altcoins experiencing even larger declines. Prices stabilized towards the end of the quarter, with Bitcoin consolidating around $70,000.The report noted that CME futures positions for Bitcoin and ETH weakened compared to 2024 and 2025, with net outflows for spot Bitcoin and ETH ETFs occurring in the first quarter, mainly concentrated in January, while inflows for Bitcoin ETFs rebounded in March.Strategy remains the main buyer, primarily providing funding for Bitcoin purchases through equity issuance, while other corporate holders are relatively conservative, with some selling Bitcoin for buybacks. Bitcoin miners were net sellers in this quarter. The annualized pace of crypto venture capital funding is higher than in the previous two years, but it is concentrated in a few large transactions, with funds continuing to flow into infrastructure, stablecoins, payments, and tokenization.

According to BBX data, the recent global cryptocurrency market's true public disclosures show that the "coin hoarding consensus" among listed companies and the infrastructure of treasury management are steadily advancing. The core data is as follows:$330 million counter-cyclical increase: MicroStrategy (NASDAQ: $MSTR) recently submitted an 8-K filing confirming that it has purchased 4,871 BTC for approximately $330.7 million in cash (average price of about $67,868). Its total holdings have now reached 767,000 BTC, further solidifying its position as the world's largest corporate Bitcoin holder.Breakthrough in corporate treasury infrastructure: Ripple has officially launched the first enterprise treasury management system (TMS) with native digital asset capabilities. This system aims to address the cumbersome processes CFOs face in manual reconciliation and compliance auditing between traditional fiat currencies (connectable to over 500 banks globally) and digital assets.$1.2 billion institutional net inflow: Binance Research's latest market insights show that after experiencing consecutive outflows, the spot Bitcoin ETF recorded a net inflow of $1.2 billion in March, indicating that long-term institutional funds are undergoing structural accumulation of positions.1% treasury allocation bottom line: Charles Schwab's latest research report points out that even if a company or portfolio allocates only 1% to 3% of Bitcoin, its extreme volatility can profoundly reshape the risk exposure of the balance sheet under market pressure.

The Bitcoin treasury company Strategy posted on platform X that the amount of Bitcoin it has increased has reached 2.2 times the natural market supply, while the cumulative earnings so far this year are approximately 24,675 BTC, equivalent to about 1.7 billion dollars, achieving a Bitcoin yield of 3.7%.

In the annual shareholder letter released on April 6, JPMorgan CEO Jamie Dimon explicitly views blockchain technologies such as smart contracts, stablecoins, and tokenization as a new competitive group, warning that they could disrupt core banking operations such as payments, trading, and asset management.JPMorgan's institutional-level blockchain platform Kinexys aims for a daily trading volume of $10 billion, with clients including Mitsubishi Corporation, Qatar National Bank, Siemens, and BlackRock. The bank has deployed its deposit-based token JPM Coin (JPMD) to the Coinbase-supported Base network in November 2025 and will expand to the Canton Network in January 2026.Although Dimon has previously held a critical stance towards cryptocurrencies, he admits that competition is intensifying while expressing confidence in maintaining a leading position. The bank is set to achieve its highest revenue for the eighth consecutive year in 2025, with revenue of $185.6 billion and net income of $57 billion.

According to The Block, based on the 8-K document submitted by Strategy to the U.S. Securities and Exchange Commission, the company reported an unrealized loss of approximately $14.46 billion in Bitcoin for the first quarter of 2026. However, the related tax implications resulted in approximately $2.42 billion in deferred tax assets, partially offsetting the book losses.Despite the holdings being in a state of unrealized loss, Strategy chose to continue increasing its Bitcoin holdings in early April. The related funds mainly came from its ATM (at-the-money) equity financing plan, which is also part of its "42/42" financing strategy, aiming to raise $84 billion by 2027 for continued Bitcoin accumulation.