JPMorgan: MicroStrategy's 2026 BTC buys could top $30B
The run-rate is now tracking well ahead of the $22B accumulated in each of 2024 and 2025 — and April's acceleration is the part that matters.
Bitcoin-specific news — protocol activity, scaling layers, and BTC-centric applications.
The run-rate is now tracking well ahead of the $22B accumulated in each of 2024 and 2025 — and April's acceleration is the part that matters.
Longs are being paid to hold exposure at a -4% annualized clip, a setup so rare it has historically preceded positive 30- to 365-day returns — even as BTC rebounded from $60K into the low $80Ks.
Concentration in the AI trade mirrors late-1990s tech, and the Bitcoin miners that pivoted to HPC are now exposed to the same unwind risk on both sides of the balance sheet.
The $30B pace is triple Strategy’s 2024 baseline and arrives as the stock trades at a 26% NAV premium — JPMorgan reads the financing window, not just the balance sheet.
The signal is doubly loaded: the indicator's inventor just took a position on the same breakout it flagged, while an overheated MVRV marks the stretch that preceded last cycle's push to $100,000.
The $10 bump is small; the real signal is BTC Yield estimates jumping to 18.2% for FY26 from 16.7% — and the analyst's dismissal of the 'perpetual dilution' concern that has capped the multiple since…
Bitcoin dominance has reclaimed 60% as millions of failed altcoins and memecoins drain liquidity — and Cowen argues the cleansing is the prerequisite, not the obstacle, to a sustainable BTC rally.
The headline net loss is impairment-driven, but the operating story is the deliberate pivot away from self-mining toward AI-adjacent colocation — and the market is pricing the transition, not the…
Speaking at Consensus Miami 2026, the BitMEX co-founder framed the pending Crypto Clarity Act as noise compared to central-bank liquidity — the same thesis he has carried since 2018.
A $347M quarterly loss meets 2,385 BTC sold and a $3.3B bond raise — the Bitcoin-mining-to-AI-host playbook is no longer a side bet, it is the balance sheet, and the BTC treasury is funding the…
The headline is the contradiction: ABTC's all-in cost to mine a Bitcoin is roughly $68K against spot near $81K, leaving a margin that evaporates the next time energy costs tick up.
The Trump-linked miner is now mining at less than half the public-peer average — and is still accumulating BTC while rivals sell to fund HPC pivots.
The $235M property deal is the wrapper, the $100M BTC allocation is the wedge — Cardone is fusing income-producing real estate with bitcoin exposure in a single LLC to draw in 80% crypto-newcomer…
Project Eleven CEO Alex Pruden warned at Consensus Miami that moving early costs optionality while moving late risks Shor's algorithm deriving private keys from any exposed public key — roughly $2.3T…
EVO Fund again took the full ¥8B, and the structure — zero interest, zero collateral — turns the line into a rolling credit rail rather than a one-off raise. Metaplanet now sits on 40,177 BTC.
Greenspan agrees the bottom is in but says the real driver ahead is central banks adding BTC to reserves alongside gold — and the US strategic reserve, El Salvador's daily buys, and 300K US-held…
Manuel Bllye — the analyst who nailed the October bearish call before the slide to $60K — says his model has now flipped and Ethereum confirming Bitcoin's higher highs is what seals the read.
Bitcoin has pulled back to retest its February highs just below the $80,000 mark and is now consolidating in a tight…
The Strategy founder argues bi-weekly dividend cycles on Bitcoin-backed credit can compress volatility and open high-yield accounts to a billion people — with $10M BTC as the destination.
A striking concentration metric has resurfaced in on-chain analysis circles: just five entities collectively hold close…