After purchasing 13,390 BTC for $1.34 billion, Strategy now holds 568,840 bitcoins worth $58.5 billion—solidifying its position as a leading institutional Bitcoin holder and signaling growing confidence in BTC as a strategic treasury asset.
Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry's history.
FTX is in accumulation mode with the market near rock bottom. Although it’s a fire sale in the market right now, some institutions are well past saving.