MicroStrategy's Bitcoin Acquisition and Market Milestones
MicroStrategy's Bitcoin Acquisition and Market Milestones
🤑 MicroStrategy Goes All In
Key developments in the crypto market:
- MicroStrategy has acquired 15,350 BTC for $1.5B, expanding their total holdings to 439,000 BTC
- Bitcoin reached a new all-time high of $106,000, driven by institutional interest
- A new stablecoin $RLUSD is launching on the XRP Ledger
This follows MicroStrategy's previous purchase of $1.11B worth of Bitcoin in late 2024, when they acquired 18,300 BTC at $60,408 per coin. The company's Bitcoin strategy, initiated in 2020, has doubled their stock value in 2024.
The market movements coincide with increased institutional adoption and the approval of spot Bitcoin ETFs.
SUSHI Token Now Available for Cross-Chain Transfers on BRIDGERS
BRIDGERS has integrated SUSHI token into its non-custodial cross-chain protocol. Users can now transfer SUSHI between different blockchains using: - Smart contract-powered execution - Aggregated liquidity from multiple sources - Secure, non-custodial transfers - User-authorized transactions The integration expands BRIDGERS' growing token ecosystem, which recently added support for USD1, NOT, and several other tokens. Visit [dapp.bridgers.xyz](http://dapp.bridgers.xyz) to start transferring SUSHI across chains.
ELLIPAL X Card Partnership Announcement & Giveaway
SWFT is partnering with ELLIPAL to promote their new X Card - the first air-gapped card wallet for cold storage. The partnership includes a 48-hour giveaway of customized X Cards. Key Details: - Air-gapped design for enhanced security - Simple card vault system - Customization options available To participate in giveaway: 1. Follow both @SwftCoin and @ellipalwallet 2. Like and retweet the announcement 3. Share thoughts on the X Card wallet *Contest ends in 48 hours*
SEC Announces Third Crypto Policy Roundtable Focusing on Custody
The SEC will host its third crypto policy roundtable on April 25, focusing on digital asset custody. Industry leaders from **Kraken**, **Fidelity**, **Fireblocks**, and **Anchorage** will participate. Key discussion points: - Wallet security protocols - Brokerage trading frameworks - Investment advisor regulations This follows the April 11 roundtable on trading regulations, which featured Commissioner Mark Uyeda, Hester Peirce, and other notable industry figures. The series of discussions signals increased regulatory engagement with the crypto sector, particularly around custody and trading infrastructure.
Daily GM Report - April 17, 2025
The web3 community continues its daily tradition of greeting each other with 'gm'. Today's greeting was 'gm gm' with a sunny emoji, maintaining the consistent pattern observed since February 2025. Historical data shows a mix of 'gm frens' and 'gm gm' greetings, with sunny weather emojis being the predominant choice, occasionally alternating with coffee emojis. - Pattern consistency since Feb 2025 - Majority sunny emoji usage - Community engagement remains steady
Bitcoin Spot ETFs See Strong Inflows, Zero Outflows
Bitcoin Spot ETFs recorded $76.42M in net inflows with no outflows on April 16, marking a positive shift after a previous 7-day outflow streak. - BlackRock's IBIT led with $38.22M inflows - ARK & 21Shares ARKB followed with $13.42M - Total ETF AUM reached $93.72B - ETFs now represent 5.62% of total BTC supply This performance indicates renewed institutional interest in Bitcoin exposure through regulated products.