Strategy hits 700k BTC

Strategy (MSTR) has purchased another 22,305 BTC for ~$2.13 billion according to a new SEC filing from the company. The company’s purchases occurred at an average price of $95,284 per BTC — taking its total holdings to 709,715, or 3.3% of total supply. Read more →

The market is in a bit of haywire this morning from things happening on the opposite sides of the world. First, we have Trump ratcheting up his rhetoric on acquiring Greenland causing investors to question the NATO alliance and whether we are entering a new trade war. Then, we have a sudden collapse in the Japanese bond market. All of this has caused an ugly open in the markets. Gold and silver meanwhile hit record highs (again). Read more →

The Clarity Act in the Senate is basically a momentum game right now. Wintermute lobbyist Ron Hammond’s take is that the second this loses political momentum, it’s “dead in the water.” And at this stage, what we’re mostly seeing is both sides just talking their book, still voicing their concerns without any signs of real progress being made behind the scenes. You can see uncertainty showing up in the betting markets too. Polymarket odds for Clarity being signed this year have fallen off a cliff – from 80% last week, to 40% today. Read more →

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