News linked to both this project and an event.
On-chain analyst Ember (@EmberCN) reported that two major crypto treasury companies completed another round of acquisitions last week: Bitcoin treasury company Strategy purchased 334 BTC at an average price of $85,839 (approximately $28.67 million), bringing its cumulative holdings to 848,000 BTC (approximately $73.03 billion). With an average purchase price of $75,441, its current unrealized gains stand at approximately $9.059 billion (+14.16%). Ethereum treasury company Bitmine acquired 15,112 ETH at an average price of approximately $2,687 (around $40.6 million), raising its total holdings to 6,016,414 ETH (approximately $16.34 billion). At an average purchase price of $3,336, its current unrealized losses amount to approximately $3.73 billion (-18.58%).
according to an official announcement, Bitget Stock+ has launched its "Multi-Leg Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further catering to users' professional trading needs in risk hedging, volatility trading, and directional speculation.Additionally, this feature supports a Portfolio Margin mechanism. When options positions are opened and form a risk hedge against a user's existing holdings, the system will automatically reduce or offset the corresponding margin requirements, helping to improve users' capital efficiency.Furthermore, the multi-leg strategy supports users in flexibly building and closing positions leg by leg (Leg in/Leg out). Currently, this feature is available during regular trading hours from 9:30 to 16:00 EST. For more product details, please refer to Bitget's official platform.
In response to previous on-chain monitoring showing Strategy transferring out 3,568 BTC ($297 million), Arkham analyst Emmett Gallic clarified that the involved BTC was neither sold nor transferred to an external platform, but rather constitutes routine fund transfers within Fidelity's custody system. Fidelity treats client-deposited BTC as fungible assets and reallocates funds across different addresses as needed; these addresses are already labeled as "Fidelity" custody addresses on Arkham.
Odaily News: In response to Lookonchain's monitoring of Strategy transferring out 3,568 BTC over the past 9 hours, onchain researcher Emmett Gallic stated that the related transactions are not a sale or asset relocation, but rather normal internal fund rebalancing within Fidelity Custody.He stated that Fidelity treats all BTC deposited by clients as fungible assets and will transfer funds as needed, and the related addresses have also been labeled as Fidelity on Arkham.
According to Lookonchain monitoring, over the past 9 hours, Strategy transferred out 3,568 Bitcoin, valued at $297 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, last week Bitcoin treasury company Strategy increased its holdings by 1,665 BTC at an average price of approximately $85,681, spending about $143 million; as of now, its holdings have grown to 847,666 BTC, with an average cost basis of $75,437, representing unrealized gains of approximately $6.731 billion. During the same period, Ethereum treasury company Bitmine increased its holdings by 17,362 ETH at an average price of approximately $2,710, spending about $47.05 million; as of now, its holdings have grown to 6,001,302 ETH, with an average cost basis of $3,337, representing unrealized losses of approximately $3.925 billion.
巨鲸“先定 10 个大目标”重申 Strategy 持续买入 BTC 通常构成重要的市场信号。
According to Bitfinex Alpha, Bitcoin broke below the key support level of $77,100 on September 15, closing at $75,702 with a daily decline of 3.2%, marking its third consecutive closing lower after breaking through the recent range bottom. On that day, US spot Bitcoin ETFs recorded a net outflow of $450.4 million, with Fidelity FBTC seeing an outflow of $214.8 million and BlackRock IBIT recording an outflow of $161.7 million, accounting for 84% of total outflows. This marks the 14th-largest single-day net outflow in 2026. The downturn was driven by multiple factors: the failure of the CLARITY Act to advance, the 10-year US Treasury yield rising to 5% (for the first time since 2023), accelerated selling by short-term holders (exchange inflows surged sharply from 19,400 BTC to 33,100 BTC, of which 23,200 BTC were acquired at a loss), and foreign demand dropping to a historic low during the 20-year US Treasury auction. From a technical standpoint, BTC has fallen below the market average value of $76,500 and Strategy's average holding price of $75,412, leaving the average holder currently underwater. If the downtrend continues, key support levels below are $73,500 (cost basis for 3-6 month holders) and $71,300 (realized price for short-term holders). A rebound requires reclaiming $77,100 backed by significant spot trading volume.
Interest from users seeking early positioning in the Arc chain ecosystem under Circle continues to surge, with premiums for related USDC exchanges peaking at 1.8x. According to official updates, Crab.fun, a Meme issuance platform built for Arc, will roll out its Early Access version on the Base chain tonight at 21:00 to attract users and creators, securing early footholds in the Arc Meme ecosystem. According to reports, the Crab.fun Early Access utilizes the Strategy Vault issuance framework. A 1.5% trading fee applies, with creators waiving their revenue share: 1% flows into the Community Strategy Vault, and 0.5% is allocated for protocol buybacks. Under the Strategy mode, creators must nominate three fomo.family (http://fomo.family/) IDs as candidate traders. Once the vault accumulates 10,000 USDC, claims open. The first verified participant becomes the permanent Strategic Trader for the token and can deploy vault capital across markets including crypto, memes, equities, forex, commodities, and indices. Trading profits are split evenly: 50% goes to the trader, and the remaining 50% funds buybacks of the community token. The Crab.fun Early Access will open 80% of the token supply for subscription at a fixed price. Upon reaching the 4,000 USDC graduation milestone, tokens will be instantly mapped and airdropped to users at a 1:1 ratio.
According to documents filed by KULR with the SEC, the company sold approximately 764 BTC on the open market between August 20 and September 11 at a weighted average price of approximately $76,633, generating roughly $58.6 million in proceeds. The sale covered all of its remaining BTC, meaning KULR no longer held any Bitcoin as of the filing. The company stated that the transactions were part of ongoing treasury management operations but did not disclose the specific use of the funds.
Odaily News: According to on-chain analyst Yu Jin's monitoring, Bitcoin treasury company Strategy currently holds 845,050 BTC ($66.125 billion), with an average cost of $75,412 and a floating profit of $2.398 billion (+3.7%).Ethereum treasury company Bitmine purchased 28,086 ETH ($68.85 million) last week at approximately $2,451 per ETH. They now hold a total of 5,929,198 ETH ($14.651 billion), with an average cost of $3,347 and a floating loss of $5.194 billion (-26.2%).
TD Cowen has set a year-end target price for Bitcoin at $97,500, representing approximately 25% upside from its recent trading level of around $78,000. Analyst Lance Vitanza concurrently scaled back a previously more bullish forecast, primarily due to recent weakness in Bitcoin's price. The firm had previously projected that Bitcoin would reach $141,277 by the end of 2025, rising to the $177,000–$225,000 range in 2026 and 2027.
According to the weekly market report by Wintermute OTC trader @Jjay_dm, Fed Chair Warsh delivered a hawkish speech at Jackson Hole, reiterating the 2% inflation target and pushing the probability of a September rate hike to 61.9%, making the September 15-16 FOMC meeting a key catalyst for risk assets. In cross-asset performance, 20+ year US Treasuries led gains (+1.01%), followed by altcoins (+0.61%), the S&P 500 (+0.47%), and the Nasdaq (+0.42%). BTC closed flat (+0.10%), while ETH (-0.86%), the Russell 2000 (-1.40%), gold (-3.42%), and Brent crude oil (-4.31%) were the weakest performers. In the crypto market, BTC digesting its previous 23% rally, encountered repeated rejections at the $82k resistance level. It reached an intraday high of $81k earlier this week, dipped below $78k following Warsh's remarks, and ultimately closed flat. BTC ETFs posted nine consecutive days of net inflows totaling $924 million, with a first-time single-day outflow of $202 million on Friday. ETH ETFs logged net inflows of $816 million this week, with no single-day outflows. SOL and XRP ETFs both set new 2026 weekly inflow records, reaching $154 million and $110 million, respectively. Strategy increased its position again on Monday, raising $2 billion, with approximately $16
According to on-chain analyst Ember (@EmberCN), two major crypto treasury companies completed new rounds of acquisitions last week: • Strategy (formerly MicroStrategy) sold $600 million worth of stock last week to purchase approximately 4,603 BTC at an average price of around $80,318, totaling roughly $370 million. The company currently holds 845,050 BTC with an average cost basis of $75,412, resulting in an unrealized profit of approximately $2.542 billion (+4%). • Bitmine acquired approximately 53,501 ETH last week at an average price of around $2,464, totaling roughly $132 million. The company currently holds 5,901,112 ETH with an average cost basis of $3,351, reflecting an unrealized loss of approximately $5.293 billion (-26.7%).
Odaily News Cryptoquant founder and CEO Ki Young Ju stated that the peak of Bitcoin's current bull market cycle may be driven by institutional capital outside the United States and ETF demand. He pointed out that deeper stablecoin liquidity and tokenized asset infrastructure will expand global market participation.Ki Young Ju cited South Korea as an example, noting that the country currently has no spot Bitcoin ETFs, retail investors cannot purchase overseas-listed spot Bitcoin ETFs, and most companies are unable to open trading accounts to buy BTC. South Korea has gradually opened up corporate participation in phases, with the Financial Services Commission (FSC) roadmap covering approximately 3,500 listed companies and qualified professional investors, but financial institutions and other businesses remain excluded.Strategy's Bitcoin bank adoption index evaluated 25 major institutions covering trading, custody, digital asset products, financing, and corporate participation, with an overall adoption rate of 32%. As of August 29, RWA.xyz data shows that the distributed asset value of global tokenized assets is $38.63 billion, up 2.65% from 30 days ago.The Bank for International Settlements (BIS) stated that stablecoins have the potential to enable faster, programmable payments, but current designs may pose financial integrity, liquidity, and monetary risks. Ki Young Ju pointed out that U.S. spot Bitcoin ETFs recorded cumulative net inflows of approximately $57 billion in the first two years since launch, and the next phase will be global institutionalization, with more institutions adopting BTC as a strategic asset, and countries lacking ETFs will also improve relevant investment channels. (Bitcoin.com News)
According to Bitcoin.com, Michael Saylor, Executive Chairman of Strategy (MSTR), introduced the concept of "Bitcoin Reformation" in a published article, arguing that Bitcoin should move beyond dogmatic interpretations of early tenets such as Satoshi Nakamoto, the whitepaper, and the "must self-custody" principle, and further integrate into banking, exchanges, corporate sectors, securities markets, and government systems. Saylor stated that while self-custody remains an essential right allowing holders to freely opt out of intermediary systems, it should not be imposed as a mandatory obligation on everyone; users can also evaluate institutional services based on criteria such as custody segregation, collateral, audits, insurance, and withdrawal rights. He believes that Bitcoin has gradually evolved from a peer-to-peer electronic cash system and "digital gold" into "digital capital" capable of supporting credit, equity, currency, and machine economies.
Bernstein analysts expect that, as the "devaluation trade" becomes a macro theme, Bitcoin is poised to rise to $150,000 by mid-2027 under a base case scenario and reach a cyclical peak of approximately $300,000 in 2029. Analysts believe that rising global sovereign debt and interest expenditures may prompt policymakers to lean toward currency devaluation to ease fiscal pressures, thereby enhancing the appeal of scarce assets like Bitcoin.
Strategy (formerly MicroStrategy) CEO Michael Saylor denied reports that the company sold Bitcoin due to financing pressures, clarifying instead that it maintains ample cash reserves and continues to steadily increase its holdings.
Major whale "sets 10 key targets first" Jason stated that when he confirmed last month that the bottom of this cycle is around $58,000 for BTC, a key benchmark was Strategy's moves. He noted that from an operator's perspective, Strategy had to consider not only BTC's price direction, but also the market bottom, the company's proximity to its survival line, and its capital structure's resilience under extreme downside scenarios.
According to on-chain analytics platform Lookonchain (@lookonchain), the unrealized gains on BTC holdings at Strategy, Michael Saylor's Bitcoin treasury company, have significantly improved over the past week, shifting from an unrealized loss of over $9.5 billion to an unrealized profit of over $4.7 billion.