Bitcoin Magazine (News Bot)

by Bitcoin Magazine (News Bot) Feb 17, 2026 · Edited

Abu Dhabi’s Al Warda Raises Bitcoin ETF Stake to 8.2 Million IBIT Shares in Q4 Filing

Bitcoin Magazine Abu Dhabi’s Al Warda Raises Bitcoin ETF Stake to 8.2 Million IBIT Shares in Q4 Filing Abu Dhabi-based Al Warda Investments continued to expand its exposure to bitcoin through BlackRock’s iShares Bitcoin Trust (IBIT) in the fourth quarter of 2025, extending a strategy shift that began earlier in the year. In a filing released today, Al Warda reported owning 8,218,712 shares of IBIT as of Dec. 31, up from 7,963,393 shares at the end of the third quarter. The increase follows a sharp Q3 buildup, when the firm more than tripled its stake and raised its bitcoin ETF exposure to $517.6 million. Al Warda operates under the Abu Dhabi Investment Council (ADIC), part of Mubadala Investment Co., one of the region’s leading sovereign wealth groups. The council has rarely taken public positions in listed digital assets, typically favoring private market investments such as buyouts, infrastructure, and real estate. Its growing allocation through a U.S.-listed bitcoin ETF signals a shift in institutional positioning within the Gulf. A spokesperson for ADIC previously told Bloomberg that bitcoin is increasingly viewed as a long-term store of value alongside gold, citing its role in portfolio diversification as financial markets move toward a more digital future. The Q4 increase comes after bitcoin surged toward an October peak near $126,000 before retreating below $90,000 in November. Bitcoin is currently trading near $67,000. Other institutions exploring Bitcoin via IBIT Last week, Goldman Sachs disclosed roughly $2.36 billion in total crypto exposure, including a $1.1 billion position in IBIT, signaling a shift from its earlier skepticism toward bitcoin. SEC filings also showed smaller holdings in Fidelity’s Bitcoin fund, bitcoin-related companies, and options positions tied to IBIT, alongside exposure to Ethereum, XRP, and Solana. In November of last year, Texas became the first U.S. state to purchase Bitcoin for its Strategic Reserve, acquiring $5 million IBIT shares worth approximately $87,000 per BTC. The purchase was made through BlackRock’s iShares Bitcoin Trust (IBIT) while the state finalizes plans for self-custody of the asset. Texas had previously explored legislation to establish a strategic Bitcoin reserve without using taxpayer funds. In June, the governor signed the law creating the state’s Strategic Bitcoin Reserve. Harvard also adjusted its crypto holdings in Q4 2025, cutting its Bitcoin position by 21% to 5.35 million IBIT shares ($265.8 million) while establishing a new $86.8 million stake in BlackRock’s iShares Ethereum Trust. Combined crypto exposure totaled $352.6 million, with Bitcoin remaining the endowment’s largest publicly disclosed equity. This post Abu Dhabi’s Al Warda Raises Bitcoin ETF Stake to 8.2 Million IBIT Shares in Q4 Filing first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 17, 2026 · Edited

Strategy ($MSTR) Buys $168M in Bitcoin, Expands Holdings to 717,131 BTC

Bitcoin Magazine Strategy ($MSTR) Buys $168M in Bitcoin, Expands Holdings to 717,131 BTC Strategy, the bitcoin treasury company led by Executive Chairman Michael Saylor, purchased $168.4 million in bitcoin last week, continuing its long-running accumulation strategy despite ongoing volatility in the crypto market. The company disclosed that it acquired 2,486 BTC over the past week, expanding its already sizable holdings. The company’s total bitcoin reserves now stand at 717,131 BTC, making it one of the largest corporate holders of bitcoin globally. According to the company, the full position has been accumulated for $54.52 billion, representing an average purchase price of $76,027 per bitcoin. With bitcoin currently trading around $68,000, Strategy’s holdings sit below its aggregate cost basis. The difference implies an unrealized loss of roughly $8,000 per coin, or approximately $5.7 billion across the company’s total stack. Saylor confirmed the latest purchase in a statement posted Tuesday, noting that Strategy continues to build its bitcoin position as part of its broader corporate treasury strategy. The company has consistently added bitcoin through market cycles, framing the asset as a long-term reserve holding. Strategy accounted for more than 90% of net new public-company purchases in January. Public companies now hold about 1.13 million BTC total, with Strategy controlling nearly two-thirds, while also expanding its influence through hybrid digital credit instruments like STRC and STRF. Strategy’s common stock sales The filing also detailed how the most recent purchases were financed. The company said the bitcoin buys were funded through $90.5 million in proceeds from common stock sales, alongside $78.4 million raised from sales of its STRC preferred series. The company has relied on a mix of equity issuance and other financing tools in recent years to support its bitcoin accumulation program. Strategy’s approach has drawn both strong support and criticism from market participants. Advocates view the company as a pioneer in institutional bitcoin adoption, while skeptics point to the risks of leveraging corporate capital markets activity to increase exposure to a volatile asset. The purchases come at a time when bitcoin has traded well below record highs, putting pressure on companies with large treasury allocations. Its average acquisition cost now exceeds the current market price, highlighting the drawdowns that can occur even for firms that have built positions over multiple years. In equity markets, Strategy shares reflected continued investor caution. MSTR stock was down 3.2% in premarket trading Tuesday and has declined more than 60% year-over-year, according to market data. Last Friday, shares of MSTR surged over 10%. Despite the near-term losses implied by Bitcoin’s pullback, the company has maintained its commitment to holding and acquiring more BTC. The company has repeatedly stated that it views bitcoin as a long-duration asset and a central pillar of its balance sheet ideas. This post Strategy ($MSTR) Buys $168M in Bitcoin, Expands Holdings to 717,131 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 17, 2026 · Edited

Nakamoto Inc. ($NAKA) to Acquire BTC Inc and UTXO Management

Bitcoin Magazine Nakamoto Inc. ($NAKA) to Acquire BTC Inc and UTXO Management Nakamoto Inc. (NASDAQ: NAKA) announced today that it has entered into merger agreements to acquire BTC Inc, the leading provider of Bitcoin-related media and events, and UTXO Management GP, LLC (“UTXO”), an investment firm focused on private and public Bitcoin companies (collectively, the “Transaction”). The Transaction is expected to close in the first quarter this year, subject to customary closing conditions, and will be financed entirely with Nakamoto common stock in accordance with Nakamoto’s call option under the Marketing Services Agreement (the “MSA”), using a price of $1.12 per share. The Company’s option to acquire BTC Inc and UTXO, through BTC Inc’s call option with UTXO, was previously disclosed as part of Nakamoto’s proposed merger with Nakamoto Holdings, Inc. (“Nakamoto Holdings”). The MSA, outlines the terms of the Company’s option and was publicly filed and approved by the Company’s shareholders in connection with that transaction. Following shareholder approval, Nakamoto, BTC Inc, and UTXO engaged in extensive joint marketing initiatives across BTC Inc’s media and events platforms. Nakamoto exercised its call option with BTC Inc and BTC Inc exercised its call option with UTXO concurrently with signing of the merger agreements. The Transaction is intended to further establish Nakamoto as a diversified Bitcoin operating company with a global brand, established distribution networks, and institutional capabilities across media, asset management, and advisory services. BTC Inc and UTXO are expected to provide recurring earnings to strengthen the Company’s balance sheet and support growth initiatives, including additional Bitcoin accumulation and strategic acquisitions. “Bringing BTC Inc and UTXO into Nakamoto has been a part of our vision since day one,” said David Bailey, Chairman and CEO of Nakamoto. “We intend to operate a portfolio of companies across media, asset management, and advisory services that can scale with Bitcoin’s long-term growth. BTC Inc and UTXO are global leaders in Bitcoin media and asset management. This transaction signifies the first step of the company we intend to build, and we’re just getting started.” The Transaction will be financed entirely with Nakamoto common stock in accordance with Nakamoto’s call option under the MSA, using a price of $1.12 per share. BTC Inc and UTXO securityholders will receive, on a fully diluted basis, 363,589,816 shares of Nakamoto common stock, subject to customary purchase price adjustments at closing, The combined value of this consideration is $107,295,354, before any such customary purchase price adjustments, which is based on Nakamoto’s closing price on February 13, 2026, of $0.2951. BREAKING: Bitcoin Magazine's parent company BTC Inc to be acquired by Nakamoto Inc. (NASDAQ: NAKA) pic.twitter.com/l9lyQVHib2 — Bitcoin Magazine (@BitcoinMagazine) February 17, 2026 BTC Inc: The Global Leader in Bitcoin Media and Events BTC Inc, headquartered in Nashville, is the one of the largest Bitcoin media companies in the world, based on event attendance, online audience, and brand portfolio. Its holdings include 27 media brands, reaching approximately 6 million people globally through its aggregated social media followers. BTC Inc organizes The Bitcoin Conference, the largest Bitcoin event series in the U.S., Asia, Europe, and the Middle East, which hosted more than 67,000 attendees in 2025. BTC Inc is also the parent company of Bitcoin Magazine, which was first published in May 2012, establishing the publication as the longest-running source of Bitcoin news, information, and expert commentary. BTC Inc also operates Bitcoin for Corporations, a membership-based platform for companies adopting Bitcoin as a strategic treasury asset, which currently hosts over 40 member companies and has a 5-year brand partnership with Strategy Inc. for hosting networking events and educational content. “For more than a decade, BTC Inc has focused on informing, convening, and advancing the global Bitcoin community,” said Brandon Green, Chief Executive Officer of BTC. “Combining with Nakamoto represents a significant opportunity to scale our reach, deepen engagement, and support the next phase of Bitcoin’s growth across enterprises and investors.” UTXO: Investing in Bitcoin Acceleration UTXO is the adviser to 210k Capital, LP, a hedge fund focused on Bitcoin, Bitcoin-related securities, and derivatives. The investment team leverages extensive experience in the Bitcoin ecosystem to allocate capital across public and private market opportunities. “UTXO was founded to back the builders and companies shaping the Bitcoin economy,” said Tyler Evans, Chief Investment Officer of Nakamoto and Chief Investment Officer of UTXO. “Leveraging Nakamoto’s public platform and robust treasury, we see a powerful opportunity to compound value across the Bitcoin ecosystem and reinforce Bitcoin’s role as a foundational asset in modern capital markets.” About Nakamoto Inc. Nakamoto Inc. (NASDAQ: NAKA) is a Bitcoin company that owns and operates a global portfolio of Bitcoin- native enterprises spanning media and information, asset management, and advisory services. For more information, please visit nakamoto.com. Bitcoin Magazine is published by BTC Inc. BTC Inc. has entered into an agreement to be acquired by Nakamoto Inc. (NASDAQ: NAKA); the transaction has not yet closed. This post Nakamoto Inc. ($NAKA) to Acquire BTC Inc and UTXO Management first appeared on Bitcoin Magazine and is written by Nik and Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 16, 2026 · Edited

Bitcoin Bears Dominate: Failure to Break $71,800 Keeps Downside Risk Alive

Bitcoin Magazine Bitcoin Bears Dominate: Failure to Break $71,800 Keeps Downside Risk Alive Bitcoin Price Weekly Outlook The past week’s price action has been rather lackluster for Bitcoin. After seeing a big bounce from $60,000, the price failed to get above short-term resistance at $71,800 last week. Instead, the price tested the short-term support at $65,650 before bouncing back up to close the week out at $68,811. While the weekly chart is showing some buying strength below $66,000, the lack of follow-through for buyers on the bounces so far is a sign of weakness. Look for the price to drift towards the $60,000 lows this week if the bulls can’t keep it above $71,000 on a daily close to challenge higher levels. Key Support and Resistance Levels Now Last week, $65,650 proved to be valid short-term support as the price dipped just below it before rallying quickly back above it. If a day closes below $65,650, look for $63,000 to act as support. Below $63,000, we have the 0.618 Fibonacci retracement at $57,800. This is a key level to hold as there isn’t much support below until $44,000. If the bulls can muster up some strength, resistance still sits overhead at $71,800. Closing above this level leads to $74,500, with $79,000 resistance above here. If the bulls can somehow manage to get above $79,000 (unlikely), $84,000 remains as a very strong barrier up above. Outlook For This Week The outlook for this week is a tough one to call. U.S. markets are closed on Monday, so don’t expect too much movement until Tuesday morning. We really could go either way from this $68,800 close. I would look for the $67,000 level to be tested early this week, and if we see support near there, we may be able to push past $71,000 later into the week. If $67,000 is lost, though, look for the low $60,000 to be challenged once again. Market mood: Very bearish – The price could not manage to gain any upward momentum last week at all. The bears are in full control. The next few weeks As I mentioned last week, the price may range in the area from $60,000 to $80,000 for a while, with maybe a wick down to the 0.618 Fibonacci retracement at $57,800. At the moment, this ceiling can be lowered to $74.5k. There is no telling exactly when the impending “Crypto Bill” will be passed by Congress, or exactly what it will entail for the crypto space as a whole. It is not guaranteed to result in higher prices for bitcoin when it eventually passes, either, so for now, we must rely on the technicals to guide us. For the time being, the bias is still bearish, and if we lose $57,800, the bitcoin price will likely take the next leg down. Terminology Guide: Bulls/Bullish: Buyers or investors expecting the price to go higher. Bears/Bearish: Sellers or investors expecting the price to go lower. Support or support level: A level at which the price should hold for the asset, at least initially. The more touches on support, the weaker it gets and the more likely it is to fail to hold the price. Resistance or resistance level: Opposite of support. The level that is likely to reject the price, at least initially. The more touches at resistance, the weaker it gets and the more likely it is to fail to hold back the price. Fibonacci Retracements and Extensions: Ratios based on what is known as the golden ratio, a universal ratio pertaining to growth and decay cycles in nature. The golden ratio is based on the constants Phi (1.618) and phi (0.618). This post Bitcoin Bears Dominate: Failure to Break $71,800 Keeps Downside Risk Alive first appeared on Bitcoin Magazine and is written by Ethan Greene - Feral Analysis and Juan Galt.

by Bitcoin Magazine (News Bot) Feb 16, 2026 · Edited

Metaplanet Reports $619 Million Loss as Bitcoin Holdings Take Hit

Bitcoin Magazine Metaplanet Reports $619 Million Loss as Bitcoin Holdings Take Hit Tokyo-based Bitcoin treasury firm Metaplanet posted a net loss of 95 billion yen ($619 million) for fiscal 2025, driven by a 102.2 billion yen ($665.8 million) valuation decline on its bitcoin holdings. The disclosure marks the latest example of a corporate bitcoin buyer facing pressure as the cryptocurrency’s price slid from record highs in October. The company closed the year with 35,102 BTC, valued at approximately $2.4 billion, making Metaplanet the fourth-largest public corporate bitcoin holder globally, behind Strategy. Since it began accumulating bitcoin 21 months ago, Metaplanet has spent nearly $3.8 billion, averaging $107,000 per coin. As of December 31, the company’s holdings were down roughly 37% on paper, representing an unrealized loss of about $1.4 billion. In the fourth quarter alone, the stash lost 102 billion yen ($664 million) in value. Metaplanet’s revenue surge Despite the valuation loss, the firm’s operating performance showed significant improvement. Revenue jumped 738% to 8.91 billion yen ($58 million) from 1.06 billion yen ($6.9 million) the previous year, the company said. Operating profit surged 1,695% to 6.29 billion yen ($41 million), driven primarily by premiums from bitcoin option transactions, which accounted for about 95% of total revenue. The company’s largest acquisitions occurred when bitcoin traded above $100,000. Notable purchases included 25% growth of its bitcoin holdings with a $630 million buy in September at roughly $106,000 per coin, followed by a $615 million acquisition in October near $108,000. The firm has funded its purchases largely through common stock issuances, while also adopting preferred shares to secure additional capital. Metaplanet introduced MERCURY and MARS, its first preferred share offerings in Japan, as a means to strengthen its balance sheet and create a buffer against crypto market volatility. For fiscal 2026, Metaplanet forecasts revenue of 16 billion yen ($104 million) and operating profit of 11.4 billion yen ($74.3 million), reflecting roughly 80% growth in both metrics. The company did not provide net income guidance, citing ongoing bitcoin price volatility, but reaffirmed a long-term target of 210,000 BTC by 2027, equivalent to about 1% of the total bitcoin supply. Metaplanet’s stock edged up slightly to 326 yen on Monday, according to Yahoo Finance, after a six-month decline exceeding 62%. At the time of writing, Bitcoin is trading near $68,000. This post Metaplanet Reports $619 Million Loss as Bitcoin Holdings Take Hit first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 16, 2026 · Edited

Trump Family-Backed American Bitcoin Keeps Stacking Bitcoin, Holdings Pass 6,000 BTC

Bitcoin Magazine Trump Family-Backed American Bitcoin Keeps Stacking Bitcoin, Holdings Pass 6,000 BTC Trump family-backed American Bitcoin Corp. (ABTC) has pushed its Bitcoin reserves above the 6,000 BTC mark, building one of the largest corporate treasuries in the public market and placing the firm among the top 20 listed Bitcoin holders worldwide. Blockchain data tracked by Arkham Intelligence shows American Bitcoin now holds 6,060 BTC, valued near $413 million. The company added or mined roughly 217 BTC over the past month, expanding its reserve during a period as bitcoin tries to reclaim levels above $70,000. The accumulation reflects a strategy that blends mining output with direct market purchases, a model that has gained traction among firms seeking long-term exposure to bitcoin as a treasury asset. American Bitcoin’s bitcoin stash is closing in on Galaxy Digital’s holdings, according to data from BitcoinTreasuries.net. The site lists Galaxy Digital as holding 6,894 BTC. It’s been a rough couple of months for the company’s shares. ABTC shares traded around $1.14 after Friday’s close up about 1.75%, though the stock remains lower on the year. ABTC shares have slid over the past two months. The stock traded above $2 in early January but has declined as bitcoin’s price weakened into the new year. Shares are now down roughly 45% year to date. The firm has framed its approach as a “mining to treasury” pipeline rather than a pure mining business, aiming to outperform traditional operators by retaining bitcoin rather than selling production into the market. JUST IN: Trump family-backed American Bitcoin increased its holdings to over 6,000 Bitcoin Nothing stops this train pic.twitter.com/NAwsXrkzGx — Bitcoin Magazine (@BitcoinMagazine) February 16, 2026 American Bitcoin’s bitcoin yield Earlier this year, American Bitcoin reported reserves near 5,843 BTC and cited a bitcoin yield of roughly 116% since its Nasdaq debut in September 2025 through late January 2026. Bitcoin yield tracks growth in holdings from mined or purchased coins, separate from capital raising activity. With reserves now above 6,000 BTC, American Bitcoin joins a growing cohort of public companies treating bitcoin as a core treasury asset. On Saturday, Bitcoin rebounded above $70,000 following a sharp February increase, aided by cooler-than-expected U.S. inflation data that boosted risk appetite. Softer inflation strengthened expectations of earlier Federal Reserve rate cuts, lifting crypto markets and pushing Bitcoin’s market cap back above $1.4 trillion. Last year, American Bitcoin Corp. (ABTC) debuted on Nasdaq in September following a spin-off from Hut 8 Corp. Eric Trump and Donald Trump Jr. helped launch the company as Eric serves as co-founder and chief strategy officer. Donald Trump Jr. is listed as an investor. This post Trump Family-Backed American Bitcoin Keeps Stacking Bitcoin, Holdings Pass 6,000 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 16, 2026 · Edited

Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development

Bitcoin Magazine Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development The Payjoin Foundation, a U.S. organization advancing the development of Bitcoin privacy software protocols, has just received 501(c)(3) Status, enabling tax-deductible charitable contributions for some U.S. taxpayers. “Receiving 501(c)(3) status establishes a framework to sustain the Payjoin Dev Kit and future developments,” said Dan Gould, Executive Director of Payjoin Foundation. “It allows us to prioritize the development of infrastructure designed to endure, accountable to the public interest.” Payjoin Foundation is a nonprofit research and development organization maintaining the Payjoin Dev Kit. It is dedicated to developing and distributing open-source software and standards that improve privacy, security, and usability in peer-to-peer digital transactions with a primary focus on Bitcoin. The Foundation conducts research, publishes freely available software and educational materials, and supports the adoption of the technology it develops by providing reference implementations, technical documentation, and integration guidance to developers and infrastructure operators. The Foundation also works to advance public understanding of privacy-preserving financial infrastructure. “Now that the IRS has recognized Payjoin Foundation as a 501(c)(3), donations from U.S. taxpayers are generally tax-deductible. The exact treatment depends on the donor’s circumstances. Consult your tax advisor,” said Gould of the announcement. With more sustainable funding, the efforts of the foundation can accelerate, as it improves protocols like Async Payjoin, which protects Bitcoin users from indiscriminate or targeted surveillance of various kinds. Bitcoin has long been criticized for having poor privacy for users not savvy to its more advanced tooling, and the Payjoin dev kit makes it easy for wallets to upgrade the privacy of all its users with a high-quality open source software library. The adoption of Payjoin as a privacy solution is not done at the Bitcoin protocol level and so does not require any kind of consensus change, soft fork or hard fork, instead, wallet providers can integrate the dev kit into their software, and unlock the capability to their users, which is backwards compatible with normal onchain address QR codes and intelligently identifies if the sender or receiver also supports the standard or not. Users interested in easier and more broadly adopted Bitcoin privacy should reach out to their favorite Bitcoin wallet providers and encourage them to integrate the Payjoin Devkit, or consider making a tax-deductible contribution to the Payjoin Foundation. A variety of wallets already offer some support for the Payjoin dev kit, including but not limited to: BTCPay server Blue Wallet Bull Bitcoin Mobile Wasabi Wallet Cake Wallet Bitmask JoinMarket Sparrow Wallet This post Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Feb 16, 2026 · Edited

Harvard Trims Bitcoin Position by 21% in Q4 Portfolio Shift

Bitcoin Magazine Harvard Trims Bitcoin Position by 21% in Q4 Portfolio Shift Harvard Management Company switched up its crypto exposure in the fourth quarter of fiscal year 2025, establishing its first position in an Ethereum exchange-traded fund while cutting back its Bitcoin holdings, according to a regulatory filing released Friday. The endowment’s investment manager purchased 3.87 million shares of BlackRock’s iShares Ethereum Trust, a stake valued at $86.8 million as of Dec. 31. The move marked Harvard’s first publicly disclosed investment tied to Ethereum. At the same time, Harvard reduced its position in BlackRock’s iShares Bitcoin Trust. The firm held 5.35 million shares worth $265.8 million at quarter’s end, down from 6.81 million shares in the prior quarter. The reduction amounted to roughly 1.48 million shares, or about 21%. Despite the trim, Bitcoin remained Harvard’s largest publicly disclosed equity holding, exceeding the endowment’s reported stakes in major technology firms such as Alphabet, Microsoft, and Amazon. Combined exposure to the two cryptocurrency funds totaled $352.6 million at the close of the quarter. The portfolio shift took place during a turbulent period for digital assets. Bitcoin reached a peak near $126,000 in October 2025 before sliding to $88,429 by Dec. 31, according to Bitcoin Magazine Pro data. Ethereum declined roughly 30% over the same span. Bitcoin’s lack of intrinsic value According to Harvard’s The Harvard Crimson, the university’s investment strategy has drawn criticism from academic observers. Andrew F. Siegel, emeritus professor of finance at the University of Washington, described the endowment’s Bitcoin investment as risky, pointing to a 22.8% decline year-to-date and arguing that Bitcoin’s risk stems in part from its lack of intrinsic value. Beyond crypto, Harvard opened a new $141 million stake in Union Pacific Corporation, one of the largest freight rail operators in the United States. The investment followed Union Pacific’s July 2025 announcement of a planned merger with Norfolk Southern, a deal expected to create the country’s first transcontinental railroad network. The quarter also brought exits from prior holdings. Harvard sold its entire 1.1 million-share stake in Light & Wonder, a gambling products manufacturer that had been among its largest positions, and liquidated a smaller stake in Maze Therapeutics, a biotechnology firm focused on precision medicines. Harvard increased exposure to several technology companies, more than tripling its stake in Broadcom and raising holdings in Google and Taiwan Semiconductor Manufacturing Company. The endowment reduced positions in Amazon, Microsoft, and Nvidia. This post Harvard Trims Bitcoin Position by 21% in Q4 Portfolio Shift first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 15, 2026 · Edited

Bitcoin Price Reclaims $70,000 After Deep February Slide

Bitcoin Magazine Bitcoin Price Reclaims $70,000 After Deep February Slide The bitcoin price climbed back above $70,000 on Saturday, rebounding from a sharp drawdown earlier this month as cooler-than-expected U.S. inflation data helped revive risk appetite across markets. The recovery comes after a brutal stretch that saw billions in realized losses and persistent signs of investor anxiety. Bitcoin was trading around $70,215 at press time, up roughly 2% over the past 24 hours, with daily volume near $43 billion. The move leaves the bitcoin price sitting just below its seven-day high of $70,434, according to market data, and pushes its global market capitalization back above $1.4 trillion. The latest upside followed January’s Consumer Price Index report, which showed inflation rising 2.4% year-over-year, slightly under the 2.5% forecast. The softer print strengthened expectations that the Federal Reserve could begin cutting rates sooner than previously anticipated, a shift that typically benefits higher-beta assets like cryptocurrencies. Prediction markets reflected the change in sentiment. Traders on Kalshi increased the implied odds of an April rate cut to 23%, while Polymarket pricing also moved higher over the week. Bitcoin price analysis and related equities The rebound in bitcoin price into the weekend also spilled into crypto-linked equities. On Friday, Coinbase (COIN) surged 18% and Strategy (MSTR) jumped 10% as investors rotated back into digital-asset exposure. The move came even as Coinbase continues to navigate a difficult earnings backdrop, including a $666.7 million Q4 2025 loss tied to weaker trading revenue. Strategy, meanwhile, remained closely tethered to bitcoin’s volatility, while reaffirming its long-term treasury approach. The company disclosed another bitcoin purchase of more than 1,100 BTC this week and posted a steep quarterly loss driven largely by mark-to-market declines on its holdings, underscoring the balance-sheet risks of its aggressive positioning. It’s been a rough couple of months for the bitcoin price, with Bitcoin sliding sharply from its October peak above $120,000 into the mid-$60,000 range after an extended multi-month downturn. The sell-off intensified in early February when BTC broke below the key $70,000 psychological level Research firm K33 suggested the plunge toward $60,000 may have marked a “local bottom,” pointing to capitulation-like conditions in volume, funding rates, options positioning, and ETF flows. Still, the rally has not erased the deeper unease lingering beneath the surface. The Crypto Fear & Greed Index remains stuck in “extreme fear,” levels last associated with the 2022 bear market and the collapse of major industry players. This post Bitcoin Price Reclaims $70,000 After Deep February Slide first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners

Bitcoin Magazine How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners Silent Link, a Bitcoin native SMS and mobile data company, has quietly grown into an international service provider for privacy-oriented users worldwide, at competitive rates. But how can a young company compete with the mobile data giants? Born from the Bitcoin industry, the brainchild of cypherpunk thought leaders like Matt Odell, Silent Link is a modern mobile data and SMS company that challenges the complicated and mediocre customer service of phone service providers around the world. A founding member of Silent Link, who asked not to be named, and thus we will call Bob, told Bitcoin Magazine in an exclusive interview the genesis story of this company that’s solving one of the most common pain points of the international and travel-savvy Bitcoiner, getting data and SMS authentication messages anywhere in the world. The company offers eSIM-only services globally, with no physical sim card support, making it an entirely digital business. Its Bitcoin native design shows up on its pricing, which Bob says has only gone down over time, already dropping 20% in 2026. Bitcoin Native and Privacy Focused Born during the 2020 COVID lockdowns, Bob recalled that he went on a Matt Odell podcast marathon during which he was inspired to run his own BTCPay Server instance. He figured if he could come up with a digital business that earned Bitcoin, he would have a solid way stack sats directly to self-custody. After setting up the basic payments suite common to many Bitcoin companies, made up of BTCPay servers, an open source stack with Lightning support, full invoicing and accounting back end, Bob realised he now needed a product. It was not long before him, and his growing team realised that providing a modern data and SMS service might just be the perfect product. Today, Silent Link offers users worldwide data rates competitive with phone service giants, as well as incoming SMS texts often needed for authentication to legacy companies like banks, and many online web platforms. The company does not offer outgoing texts, nor does it support normal phone calls. Bob explained that these are terrible protocols, fully surveilled by governments throughout the world, and his target audience uses more secure and sophisticated messaging apps anyway. As such, Silent Link is a privacy-first Bitcoin company. Instead of connecting your phone services to your personal information, which in many countries ends up deeply integrated with the financial system, even showing up in credit scores, Silent Link provides essential services in the digital age, while collecting no personal information from its users. Bob added that “not even the local data carrier knows your phone number”. Silent Link eSIMS can be purchased even without giving the company an email. Bob explained that if you have no user information, there’s nothing to hack and there’s no honey pot to go after, adding that so far they have received “zero requests for user information” from governments. Furthermore, it aligns incentives between the company and its users, rather than turning the user’s data into a product to be sold to third parties. According to Bob, the company is also entirely self-funded and profitable, another critical decision that he feels aligns incentives with its users, adding that “you can not serve two masters”. Users get a special link when they purchase an eSIM, a code that they can back up in a similar way as they would store the 12 words to their Bitcoin wallet, and this simple secret information serves as their key and authentication to their eSIM service. Bob added that this model of authentication nullifies the infamous “sim card swap” attacks, which have led to multi-million dollar hacks in the industry throughout the years. Roaming and Travel Automated Further polishing the user experience, clearly designed to serve an audience that travels often and is sensitive to cybersecurity risks, Silent Linkautomates and hides roaming-related decisions when users move from one country to another, be it for travel or otherwise. Bob says users can expect the same phone number to work in most countries, without having to worry about getting a local temporary sim card, having to buy roaming access, getting overcharged, or having to talk to customer service to make a special purchase at all. Silent Linksimply connects to data providers in the local network and draws from the balance on the user accounts, minimising friction and staying competitive on price. According to Bob, Silent Link can get around state firewalls, including the Chinese firewall, and users report they can use WhatsApp from Dubai, which has restrictions on Voice over IP (VoIP) protocols. The eSIM model actually has a lot to do with this censorship resistance quality unlocked by Silent Link. Data sharing hotspot features are not throttled either, essential for perpetual travellers and those Bitcoiners hopping from conference to conference around the globe as they work online. This post How Silent.Link Solves SIM-Swap Risks and Roaming Hassles for Traveling Bitcoiners first appeared on Bitcoin Magazine and is written by Juan Galt.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump

Bitcoin Magazine Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump U.S. markets saw a rotation into risk assets today and crypto-linked stocks, like Coinbase and Strategy, led some of the brightest gains of the day’s session. Even as broader indexes such as the Dow and S&P 500 traded mixed on inflation and economic data, digital-asset exposure helped certain high-beta names outperform. Coinbase (COIN) was among the standout performers. COIN surged more than 18% on the day, finishing well ahead of most traditional technology stocks as traders “bought the dip” in crypto exposure. The daily gain came despite a difficult earnings backdrop: Coinbase reported a $666.7 million Q4 2025 loss, its first in several quarters, driven by lower trading revenue as crypto volumes sagged. Long-term revenue lines like subscription and services — particularly stablecoin revenue — showed strength, helping cushion sentiment. Over the last couple of months, Coinbase shares have slid as the broader crypto market weakened and analysts grew more cautious. Monness Crespi & Hardt downgraded $COIN from buy to neutral, setting a $120 price target and warning of downside risk tied to softer market conditions. The stock has struggled in early 2026, falling roughly 34% year-to-date as Bitcoin dropped about 30% in the past month and altcoins posted even steeper losses. Lower crypto prices have reduced trading volumes, squeezing one of Coinbase’s main revenue drivers. Meanwhile, CEO Brian Armstrong sold more than 1.5 million shares worth about $545 million, calling it a diversification move. Strategy’s (MSTR) strong day Strategy (MSTR) also posted notable upside on the day, with shares rising around 10% in line with a rebound in Bitcoin prices. Strategy shares have swung dramatically alongside bitcoin’s price, falling hard during the broader crypto sell-off before rebounding later into the week as markets stabilized. Despite the turbulence, Strategy is staying committed to adding to its bitcoin treasury. The firm disclosed another purchase of more than 1,100 BTC this week, spending roughly $90 million at an average price near the high-$70,000 range. Strategy also announced its latest earnings results, which reflected the risks of its bitcoin-heavy balance sheet. The company posted a multi-billion dollar quarterly loss, largely tied to mark-to-market declines on its bitcoin holdings, underscoring how price downturns can heavily impact reported financial performance even as the firm maintains a long-term holding posture. Executive Chairman Michael Saylor continued to publicly defend the strategy, reiterating that the company does not intend to sell bitcoin through downturns and arguing that Strategy is positioned to withstand extended volatility in Bitcoin’s price. Other crypto-related stocks saw gains as well today, with Circle (CRCL) climbing roughly 7% and Galaxy Digital (GLXY) rising 6.5%, continuing the sector’s upward momentum. This post Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill

Bitcoin Magazine White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, discussed the ongoing push for the crypto legislation and the federal government’s management of Bitcoin during a Yahoo Finance interview earlier today, stressing the need for regulatory clarity and institutional engagement. Witt explained that the House passed its version of the Clarity Act last year, and the Senate is drafting its own amendments. Sections of the bill addressing the Commodity Futures Trading Commission (CFTC) have cleared the Agriculture Committee, while portions covering the Securities and Exchange Commission (SEC) remain in the Senate Banking Committee. A markup scheduled for January was postponed, and Witt said discussions are underway to resolve outstanding issues. “We are taking it so seriously,” he noted, emphasizing the need for compromise on concerns such as stablecoin yields and deposit flight. “We’ve taken it so seriously,” he said, “It’s why we’ve hosted the different interested stakeholders here at the White House, and we’re going to continue to stay at the table and encourage them to find a compromise on this issue.” Great joining @YahooFinance this morning to discuss the status of the CLARITY Act. There are trillions of dollars in institutional capital on the sidelines waiting to get into this space. Regulatory clarity is the unlock. https://t.co/7sGga1rmmG — Patrick Witt (@patrickjwitt) February 13, 2026 Crypto held by the U.S. government While the Clarity Act focuses on regulatory clarity, Witt highlighted the government’s Bitcoin holdings as a separate but critical priority. Following an executive order, agencies halted uncontrolled liquidation of digital assets, preventing potential losses that “could have been tens of billions of dollars.” He said efforts are underway to centralize oversight, ensure proper accounting of wallets holding Bitcoin and other digital assets, and explore ways to increase the government’s holdings in a budget-neutral manner. Witt pointed to existing legislation from Senator Cynthia Lummis and a forthcoming House bill from Representative Begich, which would formalize authority over government digital assets. “Ultimately, if Congress decides, we could add to that stockpile with outright purchases,” he said, noting that such acquisitions would require appropriations approval. Witt spent some time in the interview stressing the broader implications for U.S. leadership in digital finance. Centralizing asset management safeguards public resources while positioning the United States to engage more strategically in Bitcoin markets. “There are trillions of dollars in institutional capital on the sidelines waiting to get into this space,” Witt said via X regarding the interview. Witt also noted that improved regulatory clarity under the Clarity Act allows both banks and crypto firms to operate with confidence, creating opportunities for innovation and institutional participation. He emphasized that banks and crypto companies are moving toward collaboration. “There’s tremendous opportunity for the JPMorgans of the world to engage in crypto activities,” he said. With committee reconciliation and Senate floor time still pending, Witt signaled a sense of urgency. “We’ve got to get this done,” he said, framing crypto legislation and government Bitcoin oversight as complementary steps to secure U.S. influence in crypto. This post White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network

Bitcoin Magazine Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network Lightning Labs has released a new open-source toolkit designed to allow AI agents to operate directly on the Bitcoin Lightning Network, providing autonomous systems with a native way to make payments and access services. The company says the tools address a key gap in the emerging AI economy: enabling agents to transact without human intervention. Michael Levin, Lightning Labs’ Head of Product Growth, explained that the toolkit allows AI systems to run a Lightning node, pay for services, and host paid endpoints without needing identity verification, API keys, or traditional registration. The repository includes seven modular features, covering tasks such as node management, key isolation, scoped credentials, L402-based payments, paid endpoint hosting, and querying the state of a node. ‘Inget’ — your bitcoin payments agent A central feature of the release is lnget, a command-line HTTP client that works with the L402 payment standard. L402 is based on the internet’s HTTP 402 “Payment Required” status code. Instead of requiring a login or API key, an L402-enabled server responds to a request with a Lightning invoice. lnget automatically reads the invoice, pays it through a connected Lightning backend, and retrieves cryptographic proof of payment. The agent can then access the requested resource, and subsequent requests reuse cached credentials. The tools support several Lightning backends. Users can connect directly to a local lnd node via gRPC, use Lightning Node Connect for encrypted tunnel access, or experiment with an embedded Neutrino light wallet. This flexibility allows developers to experiment without running a full Lightning node, while maintaining compatibility with production setups. Lightning Labs frames the launch as a step toward a “machine-payable web.” Traditional financial systems such as credit cards or bank accounts do not work well for autonomous agents, which need instant, programmatic payments often at very small values. The combination of lnget on the client side and Lightning Labs’ Aperture reverse proxy on the server side enables a full commerce loop: one agent can host a paid service, and another can consume it, with Lightning handling the payment behind the scenes. Private key security The toolkit emphasizes security. Lightning Labs recommends using LND remote signer architecture, which separates private key storage from node operations. The agent can interact with the node without ever directly accessing private keys. Developers can also use scoped credentials called macaroons, which grant limited permissions such as pay-only, invoice-only, or read-only, reducing risk while allowing agents to transact safely. Lightning Labs’ release comes as broader efforts to enable AI payments gain traction. Coinbase recently unveiled Agentic Wallets, allowing agents to hold funds, make payments, and trade tokens using the x402 protocol, while Stripe has previewed machine payments for USDC. This post Lightning Labs Rolls Out AI Agent Tools to Help With Bitcoin Transactions on Lightning Network first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years

Bitcoin Magazine Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years. The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the sale of bitcoins seized by Brazilian judicial authorities, ensuring that these assets remain within public control. The bill also allows for the collection of Brazil’s federal taxes in Bitcoin and offers incentives for public companies to engage in Bitcoin mining and storage. Transparency is a central feature of the proposal. The bill mandates public disclosure of RESBit’s bitcoin holdings through internet-based platforms, enabling auditing by the public. It emphasizes secure storage of digital assets using technologies such as cold wallets, multisignature wallets, and other internationally recognized mechanisms. In addition, the legislation permits temporary holdings of spot ETFs backed by bitcoin in the reserve portfolio, subject to urgent and limited circumstances. If approved, Brazil could join a small group of countries actively holding Bitcoin at a national level, potentially surpassing major holders like the United States and China. JUS T IN: Brazil’s Congress reintroduces bill to create a Strategic Bitcoin Reserve, allowing the country to acquire up to 1 million pic.twitter.com/jjsaSwy1jZ — Bitcoin Magazine (@BitcoinMagazine) February 13, 2026 Other countries like Brazil exploring Bitcoin reserves Quite famously, El Salvador holds the mantle as the ‘world’s first country’ with a strategic Bitcoin reserve, reporting over 7,560 Bitcoin under President Nayib Bukele’s program. Despite scaling back mandatory Bitcoin acceptance under IMF agreements, the government has maintained regular purchases, citing long-term financial sovereignty and reserve diversification. The National Bitcoin Office now splits holdings across multiple addresses to bolster security and transparency. The Central American nation’s approach has inspired policymakers worldwide. In the United States, the BITCOIN Act of 2025 proposed somewhat of a federal strategic Bitcoin reserve, while several states, including New Hampshire and Arizona, have passed or proposed laws allowing portions of public funds to be invested in digital assets. President Trump’s March 2025 executive order further directed federal agencies to explore Bitcoin accumulation from seized assets without new taxpayer costs. In Europe, the Czech National Bank has a similar allocation in bitcoin, while Switzerland sees a citizen-led initiative proposing a constitutional mandate for Bitcoin holdings. Hong Kong, Ukraine, and Pakistan are also exploring frameworks to hold Bitcoin at the national level, with Pakistan pledging never to sell its future reserves. This post Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested

Bitcoin Magazine Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested David Prinçay, chief executive of Binance France, was the target of a failed home invasion near Paris on Feb. 12, according to French outlet RTL. Three masked men forced entry into a residential building in Val-de-Marne during the early hours of the morning. The suspects entered the wrong apartment before reaching Prinçay’s residence. The executive was not home at the time but the group took two mobile phones and left the building. Police believe the same suspects carried out a second break-in attempt later that morning in Vaucresson, west of Paris. Reports said a resident was assaulted during the incident, which also appeared to involve an incorrect address. French authorities traced the stolen devices and reviewed surveillance footage to identify the suspects’ movements. Investigators followed the group as they traveled by train toward Lyon. Officers from the Lyon BRI arrested the three men at Lyon Perrache station later that day. They were placed in custody while police continue their investigation. The case involved coordination across several units, including Paris’s anti-banditry brigade and departments in Hauts-de-Seine, Val-de-Marne, Yvelines, and transport police services. The incident adds to growing concern over attacks linked to cryptocurrency figures in France. The country has seen a rise in so-called “wrench attacks,” where criminals use threats or violence to obtain access to digital assets. Authorities have not released further details on possible motives or connections. Binance has not issued a public comment on the break-in attempt. Throughout 2025 and into this year, multiple kidnappings, ransom attempts, and home invasions were reported against crypto holders and entrepreneurs. Last year, a Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family. Binance’s rocky relationship with the French government French authorities have investigated Binance for alleged money laundering, tax fraud, and operating without proper registration before its May 2022 approval. The Binance probe, intensified in early 2025, focused on suspected failures in anti-money laundering controls and the “illegal” provision of services, potentially linked to drug trafficking. French authorities also recently raided X’s Paris offices as part of a criminal investigation into allegations that the Grok AI chatbot was used to generate illegal child sexual abuse imagery. The probe was being coordinated with Europol and is examining the involvement of both current and former executives, including Elon Musk. X has denied any wrongdoing, calling the investigation politically motivated. This post Binance France CEO Targeted in Failed Home Invasion Near Paris, Three Arrested first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 13, 2026 · Edited

U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring

Bitcoin Magazine U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring U.S. Treasury Secretary Scott Bessent said Friday that Congress must move quickly to pass crypto legislation establishing clear federal rules for digital assets, urging lawmakers to deliver the bill to President Donald Trump’s desk for signature this spring. Speaking on CNBC, Bessent was asked about the status of the proposed “Clarity Act” amid a recent sell-off across the crypto market. He said the bill would provide “great comfort to the market” during a period of heightened volatility, signaling the administration’s push to create a more defined regulatory framework for the sector. Bessent added that some crypto firms have attempted to block the legislation, but noted there remains a bipartisan coalition of lawmakers committed to advancing the bill. However, he warned that the coalition’s momentum could weaken if Democrats regain control of the House of Representatives in November. Last week, Bessent urged Congress to pass the legislation, warning that the U.S. needs clear crypto market structure rules before the spring legislative window closes. Bessent told Fox News that “what we’re seeing in the crypto market over the past few months means more than ever that the U.S. needs market structure, we need clarity, and we need to get this across the line this spring,” he said. He said recent volatility in bitcoin and digital asset markets underscores the urgency of legal certainty. Bessent blamed the current stalemate on resistant factions within both the crypto industry and traditional finance, with disputes centering on stablecoin yield restrictions and regulatory oversight. Potential crypto tax breaks At a Senate Banking, Housing and Urban Affairs Committee hearing on the Financial Stability Oversight Council’s annual report, Bessent was pressed by members of Congress on whether China is using blockchain and digital assets to challenge American financial leadership, with Bessent saying Treasury has not observed rumored gold-backed Chinese instruments but noting China’s activity through Hong Kong. The discussion shifted quickly to U.S. regulation, where Bessent voiced strong support for the proposed Clarity Act, arguing that digital asset innovation should be embedded within the U.S. economy under “safe, sound, and smart” oversight. He also warned that deposit volatility from crypto-related legislation could harm community and small banks by limiting their ability to lend locally. Senator Cynthia Lummis raised the possibility of a de minimis Bitcoin tax exemption for small transactions and asked for clearer guidance on calculating capital gains across mixed-cost portfolios, with Bessent offering to have Treasury’s tax policy office engage with her team. The hearing followed Bessent’s earlier testimony that the government cannot bail out bitcoin or direct banks to hold crypto, and that seized BTC will now be retained in the Strategic Bitcoin Reserve rather than sold. This post U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 12, 2026 · Edited

Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market

Bitcoin Magazine Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market Thailand is taking a major step toward integrating digital assets into its regulated financial markets. The country’s Cabinet recently approved a proposal allowing digital assets, including cryptocurrencies and tokens, to be used as underlying assets in the derivatives and capital markets. The decision reflects a growing recognition that digital assets are evolving beyond speculative instruments into a legitimate asset class capable of reshaping capital markets. Nirun Fuwattananukul, chief executive of Binance Thailand, described the move as a “watershed moment” for the country’s capital markets. “It sends a strong signal that Thailand is positioning itself as a forward-looking leader in Southeast Asia’s digital economy,” he told the Bangkok Post. Under the plan, the Securities and Exchange Commission (SEC) will amend the Derivatives Trading Act to formally recognize digital assets as reference assets for derivatives contracts. This expansion allows licensed operators to offer contracts tied to crypto, like futures and options, under appropriate regulatory supervision. “The expansion of permissible goods and variables is designed to support emerging asset classes such as digital assets,” said SEC Secretary-General Pornanong Budsaratragoon. “This will strengthen recognition of crypto as an asset class, enhance portfolio diversification, and improve risk management for investors.” The SEC is developing detailed rules and licensing frameworks for derivatives brokers, exchanges, and clearinghouses to accommodate crypto-based products. It is also working with the Thailand Futures Exchange (TFEX) to finalize contract specifications that align with the risk characteristics and practical uses of digital assets in trading. In addition to cryptocurrencies, the amendments reclassify carbon credits as “goods” rather than “variables,” allowing the launch of physically delivered carbon credit futures alongside cash-settled contracts. This initiative aligns with Thailand’s climate change and carbon neutrality objectives, as outlined in the draft Climate Change Act. Thailand’s bitcoin ETF push Thailand recently finalized a major regulatory framework aimed at positioning itself as a bitcoin hub in Asia. The country’s SEC said its rolling out rules for bitcoin and crypto exchange-traded funds (ETFs), futures trading, and tokenized investment products, creating a formal legal foundation for digital assets under existing derivatives law. The SEC approved crypto ETFs in principle and is now setting operational guidelines covering custody, liquidity, and cooperation between asset managers and licensed exchanges. Investors could allocate up to 4–5% of diversified portfolios to digital assets, with domestic ETFs trading on the Stock Exchange of Thailand, allowing exposure without direct crypto ownership. Thailand approved its first spot bitcoin ETF in 2024 and plans to expand to other cryptocurrencies, including ether and diversified baskets. This post Thailand Moves to Cement Bitcoin and Digital Assets in Regulated Derivatives Market first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 12, 2026 · Edited

Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows

Bitcoin Magazine Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows The bitcoin corporate adoption world is increasingly dominated by a single player — Strategy — even as adoption among smaller firms continues to grow. According to BitcoinTreasuries.net’s January 2026 Corporate Adoption Report, Strategy accounted for more than 90% of net new corporate Bitcoin purchases last month, underscoring its outsized influence on the sector. January saw Strategy acquire 40,150 BTC, ending the month with a staggering 712,647 BTC on its balance sheet. According to the report, these purchases represented 93% of gross public-company buying and 97.5% of net additions after sales, single-handedly restoring sector-wide accumulation to levels last observed in late summer. Public companies collectively now hold roughly 1.13 million BTC, with Strategy responsible for nearly two-thirds of that total, according to the report. Strategy’s management continues to tie its BTC accumulation to a long-term treasury strategy. In its Q4 2025 disclosure, the firm outlined a seven-year plan that projects roughly 2.5x growth in Bitcoin per share by 2032. Under an aggressive scenario assuming a 14% annual Bitcoin yield, Strategy targets 492,000 sats of BTC per share. Even more cautious forecasts imply steady growth in per-share exposure, positioning Strategy as both a large holder and a deliberate duration bet on BTC as a treasury reserve asset. Earlier this week, Strategy said they bought 1142 bitcoin in the week prior. Digital credit is gaining traction Beneath the headline accumulation story, a new funding layer is emerging. BitcoinTreasuries.net’s digital credit dashboard tracks preferred shares and hybrid instruments that straddle equity and debt. Strategy’s own STRC, STRD, STRF, and STRK dominate this space, alongside products from Strive, STRE, and Metaplanet. Yields range from roughly 4.9% on Metaplanet’s MERCURY to low-teen rates on Strategy’s STRC and Strive’s SATA. A core cohort of repeat bitcoin buyers The corporate Bitcoin market is no longer defined solely by headline names. Among 194 public companies holding Bitcoin, roughly one-third have been adding at least 1 BTC per day on average since adopting a treasury strategy, according to the report. Twenty firms now accumulate 10 BTC per day or more. Treasury-focused companies continue to lead, collectively adding an average of 357 BTC per day over more than five years, outpacing newer entrants like Twenty One Capital and Bitcoin Strategy Treasury Company. Mining companies also contribute significantly, holding around 124,833 BTC — about 11% of total public-company holdings — led by MARA, Riot, Hut 8, and CleanSpark. Yet, miners turned net sellers in January, with Riot and Bitdeer reducing their balances, leaving the sector with a net loss of 290.9 BTC. New entrants, tighter concentration Despite market volatility, new corporate BTC buyers keep emerging. Since October 2025, BitcoinTreasuries.net added 21 new treasuries across South Korea, the U.S., China, Japan, and Canada, contributing roughly 880 BTC — about 3% of non-Strategy purchases — signaling growing adoption. At the same time, ownership concentration is rising: the largest balance-sheet buyers now control an increasing share of corporate BTC, even as more companies hold smaller amounts. The “treasury trade” faces a stress test amid a market pullback. BTC dipped below $65,000 in early February, sending treasury-centric stocks down 30–35%. Total tracked corporate, ETF, government, and institutional holdings now exceed 4.08 million BTC, with public-company treasuries growing from 620,000 BTC to 1.15 million BTC since early 2025. This post Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 12, 2026 · Edited

Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output

Bitcoin Magazine Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output BIP 360, a proposal aimed at preparing Bitcoin for future computing threats, has been updated and merged into the official Bitcoin Improvement Proposal (BIP) GitHub repository, marking a new step in efforts to strengthen the network against emerging cryptographic and quantum computing risks. The proposal introduces a new Bitcoin output type called Pay-to-Merkle-Root (P2MR), designed to support quantum-resistant script tree functionality while maintaining compatibility with existing Tapscript infrastructure, according to a note seen by Bitcoin Magazine. Supporters of BIP 360 describe the proposal as an early move toward quantum-hardening Bitcoin at the protocol level. A merge into the BIP repository does not signal endorsement or future activation. BIPs are merged as part of the open process for documenting or discussing potential upgrades. BIP 360: Pay to Merkle Root was published pic.twitter.com/GXkmTHnDoL — Murch (@murchandamus) February 11, 2026 Bitcoin at risk from Quantum computing in theory Quantum computing has raised concerns across the cryptography and cybersecurity fields because sufficiently advanced machines may be able to break widely used cryptographic systems. In Bitcoin’s case, the threat centers on the possibility that computers could derive private keys from exposed public keys, which could lead to stolen funds. While all Bitcoin addresses become vulnerable when spending reveals a public key, some output types carry greater exposure. Taproot addresses, along with Pay-to-Public-Key (P2PK) outputs and reused addresses, are considered more at risk because public keys are visible on-chain. P2MR is conceptually similar to Taproot but removes a key weakness. Taproot includes a key-path spending method that can expose public keys. The proposed P2MR output type disables that key-path spend and commits only to the script path, reducing the surface area for potential attacks. The BIP’s authors say the proposal is meant to serve as a foundation for later upgrades that could introduce post-quantum signature schemes into Bitcoin through follow-on soft forks. The note points to algorithms such as ML-DSA (Dilithium) and SLH-DSA (SPHINCS+) as possible candidates. “Ultimately, the introduction of BIP 360 and P2MR is a first step in a larger set of quantum-resistance proposals that will be necessary to quantum-harden Bitcoin,” said co-author Hunter Beast, a Bitcoin developer and senior protocol engineer at MARA. Beast added that the team is also exploring proposals to address vulnerable coins that are unlikely to move, including long-dormant holdings. The latest update adds Isabel Foxen Duke as a co-author alongside Beast and cryptographic researcher Ethan Heilman. Duke, a technical communications specialist, said the goal was to make the proposal understandable beyond the developer community. “Given the sensitivity of the subject matter, we aimed to ensure the BIP was written in a manner that was clear and understandable to the general public,” Duke said. The proposal arrives as governments and major technology firms increase investment in post-quantum cryptography. The U.S. National Security Agency’s CNSA 2.0 framework calls for quantum-safe systems by 2030, while the National Institute of Standards and Technology plans to phase out elliptic curve cryptography in federal systems in the mid-2030s. Supporters argue that BIP 360 aligns Bitcoin with a broader shift toward quantum-safe security standards, positioning the network to adapt as computing capabilities advance. This post Bitcoin Advances Toward Quantum Resistance with BIP 360 and New P2MR Output first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

by Bitcoin Magazine (News Bot) Feb 12, 2026 · Edited

Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst

Bitcoin Magazine Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst itcoin is at risk of deeper losses as risk appetite fades and macro pressure builds, according to Standard Chartered’s head of digital assets research Geoff Kendrick. In a note reported on by Bloomberg, Kendrick said weaker U.S. economic momentum and reduced expectations for Federal Reserve rate cuts have weighed on crypto markets. He added that falling digital-asset ETF holdings have removed a key source of demand. Kendrick warned bitcoin could drop to $50,000 and Ethereum could fall toward $1,400 before stabilizing later in the year. BTC trades near $67,869 after reaching a 16-month low of $60,008 last week. Standard Chartered cut its year-end bitcoin forecast by a third, lowering its 2026 target to $100,000 from $150,000. The bank cited deteriorating macro conditions and the risk of further investor capitulation. Bitcoin has already suffered a major correction, falling as much as 50% from its October 2025 record high at its worst close on Feb. 5. Standard Chartered estimates only half of BTC supply remains in profit, a sharp decline though less severe than in prior bear cycles. The bank pointed to an unsupportive interest-rate backdrop as a key headwind. Markets have pushed back expectations for Fed easing, with investors now looking for the first cut later in the year. Kendrick said uncertainty around future Fed leadership has added to caution. ETF flows also remain a concern. Standard Chartered estimated bitcoin ETF holdings have dropped by almost 100,000 BTC from their October 2025 peak. With an average purchase price near $90,000, many ETF investors now hold unrealized losses, raising the chance of additional selling pressure. Despite the near-term downgrade, the bank maintained a constructive longer-term outlook. Kendrick noted that on-chain usage data continues to improve and the current downturn has not triggered major platform failures, unlike the 2022 cycle that saw collapses such as Terra/Luna and FTX. Standard Chartered continues downgrading Bitcoin Back in December of last year, Standard Chartered halved its forecasts, seeing Bitcoin at $100,000 by end-2025 and $150,000 by end-2026, while keeping a $500,000 target pushed out to 2030. Bitcoin did not hit $100,000 by the end of 2025. The bank cited fading corporate treasury demand and slowing ETF flows at the time. Geoffrey Kendrick said corporate accumulation has “run its course,” leaving ETF inflows as the main driver. Bitcoin is currently trading near $67,000, per Bitcoin Magazine Pro data. This post Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst first appeared on Bitcoin Magazine and is written by Micah Zimmerman.