Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC
The firm's Bitcoin holdings hit a record 848,000 BTC, while the quarterly gain is a fair-value mark carrying $1.88 billion in deferred tax. $NVDAB #DriftHackVictimsBeginClaims
Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC The Japanese firm sold 10,000 BTC before buying 11,000 BTC, demonstrating liquidity as it seeks recurring income from preferred securities. By James Van Straten|Edited by Jamie Crawley $$BTC Metaplanet (3350) added a net 1,000 bitcoin in the third quarter, bringing its holdings to 44,000 BTC. Bitcoin treasury firm Metaplanet (3350) added a net 1,000 bitcoin in the third quarter, bringing its holdings to 44,000 BTC ($3.8 billion) as of Sept. 30, following a sale and repurchase designed to demonstrate liquidity and strengthen its credit profile.
The Japanese company sold 10,000 BTC for approximately $789.2 million, averaging $78,925 per coin, before purchasing 11,000 BTC for $948.7 million at an average of $86,246.
Metaplanet temporarily held the proceeds in cash to demonstrate that it could cover outstanding interest-bearing debt, although those obligations were not repaid. It subsequently repurchased bitcoin at higher prices. Its total holdings have a cost basis of approximately $4.33 billion, averaging $98,454 per BTC.
CEO Simon Gerovich said the announcements reflected ambitions beyond accumulating bitcoin. “Our objective has been to build the leading Bitcoin financial company in Asia,” he said.
The company also introduced a Net Interest Income Strategy, targeting investments principally in preferred securities issued by bitcoin treasury companies. It plans to allocate approximately 10% to 15% of total assets to these investments, seeking returns above its funding costs to service obligations and support further bitcoin purchases.
Metaplanet’s options-based Bitcoin Income Generation business reported approximately $5.4 million in Q3 revenue, down 51% from Q2 and 65% year over year. Nine-month revenue reached approximately $35.2 million, marking eight consecutive quarters of revenue
US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his financial report for 2025. The White House has denied Trump was profiting from the presidency.
Coinbase cuts 14% of staff, shifts to AI-native operations
@coinbase is laying off roughly 14% of its workforce, around 680 employees, as it adjusts to market volatility and cost pressures.
CEO @brian_armstrong said the company is moving toward a leaner, AI-native model with a flatter structure and teams managing AI-driven workflows. $USDC #EthereumFoundationSellsETHtoBitmineAgain
Korean Won-denominated trading accounted for 30% of global spot crypto trading volume, making it the world’s second-largest fiat-to-crypto market after the US dollar $BTC $BNB #WLFSuesJustinSun
US spot Bitcoin ETF balances remained resilient during Q1, fluctuating between ~1.26 million and ~1.31 million BTC.
Despite the 23% price drawdown, ETF holders showed no signs of material capitulation, with balances closing March at ~1.29 million BTC—nearly flat quarter-over-quarter $BTC
@WesternUnion has introduced its USDPT stablecoin, issued by @Anchorage and fully backed by U.S. dollars, on Solana to enable 24/7 settlement across its global payments network.
The rollout begins in select markets, with the asset designed to support treasury operations and cross-border transfers using Fireblocks infrastructure. $SOL
Recently, Bitcoin’s correlation to U.S. equities is rising back toward levels last seen in 2023, suggesting a renewed coupling with broader risk markets $BTC #U.S.SenatorsBarredfromTradingonPredictionMarkets