Michael Saylor’s company increased its acquisition of BTC over the previous week by purchasing another 487 coins as part of its $67 billion treasury. Michael Saylor’s Strategy increased its cryptocurrency buying strategy by acquiring 487 Bitcoin worth about $50 million, marking an escalation over its previous week’s report. In a Monday filing with the US Securities and Exchange Commission, Strategy said it had acquired 487 Bitcoin (BTC) at an average price of $102,557 per coin — about $50 million. The addition of the BTC brought the company’s total holdings to 641,692 BTC, or more than $67 billion at the time of publication. Read more
Once a simple stablecoin issuer, Tether now mirrors central bank mechanics with reserves, profits and policy-like decisions. Tether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess. High interest rates have turned those reserves into profit, generating more than $10 billion in interest income so far in 2025, which is uncommon for a typical crypto issuer. It exercises policy-style levers by freezing sanctioned wallets, shifting supported blockchains and allocating up to 15% of profits to Bitcoin. Read more
ZEC has reached its most overbought reading on record, increasing the risk of a sharp 60% or more correction in the coming weeks. Key takeaways: ZEC is extremely overbought on the charts, risking a correction in the coming weeks. Zcash can still rally toward $900–$1,000 if the parabolic advance holds. Read more