Search Results for: bitcoin

Even as Bitcoin’s price moves up and down, major companies like Strategy and Metaplanet continue to buy more $BTC.

The executive order instructs the US Department of Treasury to fund the Strategic Bitcoin Reserve using Bitcoin that has already been seized through criminal and civil forfeitures.

Trump has made it clear that this new initiative is aimed at strengthening the country’s position in the growing digital asset sector. 

The two hardest-hit funds were Fidelity’s Wise Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT). FBTC lost $344.65 million, while IBIT saw an outflow of $164.3 million.

Strategy (formerly MicroStrategy) has made its largest $BTC purchase of 2025, buying over 20,000 $BTC for nearly $2 billion. 

Metaplanet has ambitious goals for the future. Earlier this year, it announced plans to hold at least 10,000 $BTC by the end of 2025 and 21,000 $BTC by the end of 2026. 

The bank has exited several smaller Bitcoin ETF positions. Instead, Goldman is focusing its investments on funds managed by BlackRock and Fidelity, two of the most well-established names in asset management.

In the past, there were rumours that Strategy might pause its Bitcoin buying due to tax liabilities. However, the latest move dismisses these concerns. 

The biggest development this week has been of Ethereum surpassing Bitcoin in terms of inflows. After the price of Ethereum dropped to around $2,100, investors took the opportunity to buy in at a lower price. 

The company’s biggest-ever Bitcoin purchase happened in the fourth quarter of 2024, when it acquired 218,887 $BTC for about $20.5 billion.