BTCTechnical AnalysisFederal ReserveAsian markets
Strategy has repurchased $25 million of its STRC preferred shares, but at a price below par, indicating weak market confidence. The article suggests this is not a simple buyback but a 'par defense' move to maintain the viability of the preferred stock financing model. The decline in STRC price reflects a reassessment of Strategy's cost of capital, as its Bitcoin treasury model relies on investor acceptance of the preferred stock structure. Investors should monitor whether STRC can recover to near par and the implications for Strategy's future financing ability.
BTCcapital structureBitcoin TreasuryPreferred Stock1 hours ago

Bitcoin fell below $64,000 ahead of the Federal Reserve's decision, pressured by declines in Asian stock markets, ETF outflows, and macroeconomic uncertainty. BTC dropped to around $63,490, down 2.85% in 24 hours. South Korea's KOSPI triggered a circuit breaker, while Japan's Nikkei fell about 4%. Bitcoin is consolidating in the $60,000-$66,000 range, with technical indicators showing weakening momentum, but whale accumulation and the Fed's decision could influence the next move.
BTCTechnical AnalysisFederal ReserveAsian markets1 hours ago

Metaplanet plans to issue Bitcoin-backed bonds (Bitbonds) through its newly acquired Japanese brokerage Siiibo Securities, offering annual yields of approximately 4% to 6%. The bonds aim to finance companies adopting Bitcoin treasury strategies, with future plans for on-chain issuance, stablecoin settlement, and a secondary market. Benchmark maintains a Buy rating with a target price of ¥405. This move marks Metaplanet's shift from buying Bitcoin itself to providing financial services.
BTCstablecoin settlementBitcoin-backed bondsJapanese securities11 hours ago

Ahead of the Fed's July meeting, prediction market traders have significantly raised their expectations for a rate hike. On Polymarket, the probability of no rate hike dropped 8.9 percentage points to 73.25% in 24 hours, while the chance of a 25-basis-point hike rose 9.7 points to 26.65%. Myriad showed a similar trend. Among professional traders, fed funds futures implied a 37.6% probability of a hike. The article notes that rate hikes dampen risk assets, while cuts benefit assets like Bitcoin.
BTCprediction marketFederal Reserveinterest rate11 hours ago

On July 27, 2026, Binance Futures launched three USDT-margined perpetual contracts tracking the ProShares Bitcoin ETF (BITO) and two long-term US Treasury ETFs (TMF and TBT). The contracts support up to 25x leverage, funding rate settlements every eight hours, and 24/7 trading. This move expands Binance's tokenized traditional finance product line, though regional access restrictions still apply.
BTCPerpetual ContractsBinance FuturesTreasury ETF16 hours ago

BitMine Immersion Technologies increased its ETH holdings by 9,946 last week, bringing its total to 5.787 million ETH, or about 4.8% of Ethereum's total supply, nearing its 5% target. The company also accelerated its share buyback program, repurchasing 6.1 million BMNR shares last week. Following the news, BMNR stock rose 10.89% to $17.51. BitMine has staked most of its ETH for yield, but its valuation remains highly dependent on ETH's price.
ETHEthereum treasuryETH accumulationShare Buyback16 hours ago

Multiple digital asset treasury companies are pivoting to artificial intelligence and data center operations as cryptocurrency prices fall and demand for the DAT model weakens. However, these transitions have not prevented significant stock declines, with K Wave Media dropping about 71% since its pivot, and Lixte Biotechnology and Alpha Compute each falling around 33%. The article notes that the DAT model is difficult to sustain when crypto prices drop or stocks trade near net asset value, prompting companies to seek new strategies.
BTCcrypto treasuryshare declinedata centre18 hours ago

Tom Lee's BitMine continues to accumulate Ethereum, now holding 5.79 million ETH, representing 4.8% of the total circulating supply, nearing its 5% target. The company also repurchased 6.1 million shares and staked 4.91 million ETH, expected to generate approximately $254 million in annual revenue. Total assets stand at $11.8 billion, including 208 BTC, cash, and securities. The article analyzes its holding strategy, risks, and staking yields.
BTCEthereum treasuryETH accumulationShare Buyback19 hours ago

Strategy increased its dollar reserves by $525 million to $3.75 billion while maintaining its Bitcoin holdings at 843,775 BTC. The company raised $544.5 million through an MSTR common stock offering, boosting its preferred dividend coverage ratio to approximately 2.1 years. Additionally, it repurchased $25 million of STRC preferred shares but made no Bitcoin purchases.
BTCDividend CoverageBitcoin TreasuryStock Offering19 hours ago

Nasdaq-listed Zhibao Technology has signed a non-binding agreement to acquire approximately 3,500 Bitcoin through a proposed $220 million PIPE financing paid in Bitcoin, adding them to its balance sheet. If completed, investor Joyertech would gain a majority of board seats and control of the company, while Zhibao continues its existing insurance operations. This marks a new case of public companies adopting Bitcoin treasury strategies.
BTCCorporate AdoptionZhibao TechnologyBitcoin Treasury2026-07-24