Bitcoin’s price jumped over 12% last week to reach $96,500, surpassing the average purchase price of “short-term whales”—large holders who bought Bitcoin within the last six months.
CryptoQuant analyst JA Maartunn told BeInCrypto that these whales have reclaimed their break-even level of $90,890. It means they are now in profit and less likely to sell, which adds stability to the market.
Short-Term Bitcoin Whales Return to Profit
Short-term whales are addresses that have held Bitcoin for under six months. These whales are now sitting in aggregate profit as BTC outpaces their average realized price.
CryptoQuant’s Short/Long-Term Whale Realized Price chart shows the orange line (short-term whale cost basis) rising toward the white market price curve in recent weeks.
It confirms that most short-term holders would net gains if they sold at current levels.
On-chain data reinforce the significance. Funding rates on perpetual swaps remain deeply negative, indicating heavy short positions poised for a potential squeeze if buying continues.
Seasonal trends often cool summer rallies. Historically, Bitcoin gained 26% in Q2 on average, but the median has been just 7.6% since 2013. Sharp drops—like the 56.2% plunge in Q2 2022—have occurred.
Q3 is usually weaker, averaging 6% returns and a slightly negative median. As May nears, many brace for the “sell in May” effect seen in equities, where the S&P 500 has returned only 1.8% from May through October since 1950.
Bitcoin Quarterly Returns Since 2013. Source: Coinglass
Macro factors also matter. US inflation has eased to 2.4%, and markets now expect Fed rate cuts later in 2025.
Ripple has again caught the crypto community’s attention with its latest XRP movement. The crypto firm moved over $1.1 billion XRP on May 1, leading to crypto community members questioning what could be going on with the crypto firm.
Ripple Moves $1.1 Billion XRP
Whale Alert data showed that Ripple moved around 500 million XRP ($1.1 billion) in minutes across several wallets. On-chain data shows that these coins were moved from the firm’s internal wallets and not to external wallets.
Further data revealed that these coins were simply part of the monthly escrow unlocks, which the crypto firm usually receives on the first of every month. However, as has become a custom, Ripple relocked some of these coins following the token unlocks.
The company first relocked 500 million XRP coins and then proceeded to relock 170 million and 30 million coins in two other transactions. That means that the firm put aside a total of 700 million coins out of the 1 billion coins that it received as part of the May escrow unlock.
This development comes following reports that Brad Garlinghouse’s firm offered to purchase USDC stablecoin issuer Circle for $4 to $5 billion. However, the stablecoin issuer rejected this offer because it was too low.
The company already has its RLUSD stablecoin, which recently surpassed the $300 million market cap milestone. The potential move to acquire Circle would have helped Ripple gain more market share in the stablecoin industry.
XRP Price Begins May With A Critical Back Test
Amid Ripple’s transfers, crypto analyst CasiTrades noted that May has begun with a critical back-test for the XRP price. She further remarked that the altcoin is coming right up against one of the most structural levels on the chart, which is the $2.25 price level.
The analyst stated that XRP has begun forming subwaves down after failing to hold above that price level. She indicated that a subwave B move has already occurred and that market participants are likely to see a C wave move toward $2.
CasiTrades stated that if the final leg plays out with momentum, there is a strong chance that XRP wicks down to $1.90. This is a level that the altcoin hasn’t retested since it broke out earlier this year. This level also aligns with the .5 major support and .618 retracement of the entire rally off the correction lows.
She also revealed that the XRP price’s Relative Strength Index (RSI) is flashing exhaustion on the lower timeframes, which suggests that this price correction won’t last for long. In line with this, she asserted that all signs point to one final flush before the structure is ready to launch higher.
The crypto analyst also assured that the bigger picture remains unchanged for Ripple’s native crypto. She remarked that this may be the final touch of support before the XRP price flips $2.25 and rallies to new highs. CasiTrades claimed that the targets remain $2.68, $3, and beyond once the altcoin breaks out cleanly.
Solana network has recorded a spike in demand from institutional investors amid anticipated approval of U.S. spot SOL ETF.
SOL price has regained 50-day SMA as a support level and now eyes $180 next.
After closing the past three weeks in a bullish outlook, Solana (SOL) price has signaled the return of bullish sentiment. The large-cap altcoin, with a fully diluted valuation of about $90 billion and a 24-hour average trading volume of around $3.7 billion, gained over 20 percent in April 2025 to trade at about $150.33 on Thursday, during the late North American session.
The rising bullish momentum for Solana is heavily bolstered by institutional investors and rising Futures Open Interest (OI) by over $1.6 billion in the past four weeks.
Midterm Expectations for Solana Price
In the weekly timeframe, Solana price has been consolidating in a megaphone structure for the past twelve months. Following a successful rebound from the lower border of the macro megaphone, SOL price has gradually gained bullish momentum.
Moreover, the weekly MACD histograms have been signaling a growing bullish momentum after a prolonged bearish period. Additionally, the weekly MACD line is almost crossing the signal line, suggesting bullish sentiment.
Meanwhile, the Bollinger Bands for Solana price, in the four-hour timeframe, have been squeezing, signaling a major price move in the near future.
Fundamental Outlook
The Solana network remains a premier ecosystem for DeFi developers, with a total value locked (TVL) of about $8 billion and a stablecoins market cap of around $13 billion. The Solana network has recorded significant growth in memecoins in the past year, thus achieving a 24-hour active addresses of over 3.6 million across its DeFi protocols.
The anticipated approval of spot Solana ETFs before the end of 2025, will play a crucial role in SOL’s market outlook. Moreover, the rising adoption of Solana from institutional investors will help validate the network and increase its demand and liquidity in the long haul.
The post Solana Price Analysis and Forecast: Deviation or Market Breakout? appeared first on Coinpedia Fintech News
Solana network has recorded a spike in demand from institutional investors amid anticipated approval of U.S. spot SOL ETF. SOL price has regained 50-day SMA as a support level and now eyes $180 next. After closing the past three weeks in a bullish outlook, Solana (SOL) price has signaled the return of bullish sentiment. The …
Freight Technologies Inc., a cross-border transportation logistics company, announced that it’s offering $20 million in stock to purchase TRUMP meme coins for a MicroStrategy-style treasury.
The company’s justification for this move has almost nothing to do with TRUMP or crypto. Instead, it focuses on impending US-Mexico tariffs, which could substantially impact the company’s operations.
Freight Technologies’ recent decision to make a $20 million TRUMP Treasury is fueling these concerns.
Specifically, Freight’s press release sheds light on why it would invest $20 million in TRUMP. It briefly discusses the firm’s interest in AI and Web3 developments and discusses how Freight will organize these purchases.
“At the heart of [our] mission is the promotion of productive and active commerce between the United States and Mexico. Mexico is the United States’ top goods trading partner. We believe that the addition of the Official TRUMP tokens [is] an effective way to advocate for fair, balanced, and free trade between Mexico and the US,” CEO Javier Selgas claimed.
Freight Technologies is heavily involved with cross-border shipping with Mexico; its AI experiments are concerned with optimizing this trade.
In short, a trade war with the US’s southern neighbor could substantially damage the company’s ability to continue functioning. However, President Trump has already approved several tariff carve-outs for specific companies.
To be clear, Freight’s statement did not explicitly appeal to Trump for such a carve-out. However, reports have alleged that several crypto companies received direct or indirect legal benefits from donating to his Inauguration.
According to Fortune, some firms obtained this after donations as low as $100,000. Would $20 million attract his attention?
It’s difficult to make concrete claims, but Freight’s behavior around the TRUMP deal seems unusual. Nearly all of its reasoning for this purchase revolves around trade relations between the US and Mexico.
The firm’s press release briefly calls TRUMP an “excellent way to diversify our crypto treasury,” but this is its only non-tariff justification.
Still, if Freight attempts to petition the President, it may want the Mexico tariffs removed outright. Nothing suggests that it wants a carve-out while the tariffs remain.
In any event, this TRUMP purchase may backfire for Freight’s stock price. The company first published this press release on April 30, but it began circulating through crypto-centric social media on the afternoon of May 1.
As the news spread in these circles, Freight Technologies’ stock fell by over 20%.
Freight Technologies Stock Price. Source: Google Finance
Moving forward, it’ll be important to keep an eye on this story. Companies have begun creating MicroStrategy-style plans for assets like Solana. While Freight Technologies is the first to do it with TRUMP, it may not be the last.
Real-World Assets (RWA) are becoming one of the most closely watched narratives in crypto as the sector evolves under increased institutional and regulatory scrutiny. The collapse of MANTRA served as a wake-up call, exposing operational vulnerabilities and sparking demands for higher standards across tokenization platforms.
While skepticism grows around decentralized RWA projects, the broader investment case for asset-backed tokens remains intact—especially as stablecoins and tokenized treasuries lead adoption efforts. Against this backdrop, several RWA altcoins are standing out in May 2025, showing both technical momentum and renewed investor interest.
Stablecoins and Treasuries Lead RWA Adoption Wave
The collapse of Mantra has triggered a wave of reflection and caution across the Real World Asset (RWA) sector. As Andrei Grachev, Managing Partner of DWF Labs, puts it:
“The Mantra collapse is really a pivotal moment for the RWA sector. It has exposed some serious vulnerabilities in how these permissionless tokenisation platforms operate. I think we’re going to see investors getting much more cautious and selective about where they put their money now. Institutional players will probably start demanding much higher standards of due diligence, and regulators might step in with more scrutiny too.”
This event has clearly shaken confidence in the structure of some decentralized RWA models, pushing institutional and retail participants toward more regulated, vetted alternatives.
At the same time, the debate around RWA tokens’ potential to decouple from broader crypto market volatility is gaining momentum.
In response to Binance Research’s observation that RWA tokens have shown more stability than Bitcoin during tariff events, Edwin Mata, Co-founder & CEO of Brickken, said:
“True RWA tokens are backed by real-world value and governed by legal frameworks that enforce rights, obligations, and cash flows. In that sense, they behave more like traditional securities and can, over time, become more resilient to macro-level crypto volatility, especially during periods of market stress, regulatory shifts, or geopolitical shocks like tariffs.”
Shahaf bar Geffen, CEO and Founder of COTI, reinforced this emerging divergence by stating:
“We‘re already witnessing the early stages of that decoupling. RWA tokens are anchored to tangible assets—real estate, commodities, invoices—which inherently provide a stability layer absent in purely speculative cryptocurrencies. The potential for RWAs to hedge against macroeconomic volatility, such as tariffs or inflationary pressures, is significant.”
The macroeconomic case is strengthening, but the technological and institutional backing behind RWAs is also evolving quickly. Kadan Stadelmann, Chief Technology Officer at Komodo Platform, believes institutional adoption will be a decisive factor:
“The adoption by mainstream financial institutions will separate RWAs from the rest of the crypto index. No other crypto product will be as extensively adopted by mainstream finance as RWAs other than stablecoins, which I would argue are a type of RWA.”
Here are the top 3 RWA coins to watch in May.
Ondo (ONDO)
ONDO has climbed nearly 14% over the past 30 days, recently breaking above the $1 mark for the first time since March 6. This move has brought renewed attention to the token, as its market cap approaches the $3 billion threshold again.
However, this upward price action comes amid a broader contraction in the space. According to data from rwa.xyz, total RWA on-chain value currently sits at $16.6 billion, representing a 16.92% decline over the past 30 days.
Despite ONDO’s short-term strength, its technical indicators are flashing caution. A death cross has recently formed on its EMA lines—a pattern often associated with bearish momentum.
The first key support is $0.866. If that level breaks, ONDO could decline to $0.819, with deeper support at $0.73 and $0.663 if the downtrend accelerates.
On the upside, if sentiment reverses and ONDO manages to break above the $1.04 resistance, a push toward $1.20 could follow, opening the door for a stronger recovery.
Reserve Rights (RSR)
Reserve Rights is up nearly 41% over the past 30 days, riding a wave of renewed interest following its Coinbase listing and lingering associations with incoming SEC Chair Paul Atkins.
Despite Atkins having no active ties to the project today, his early advisory role has fueled trader speculation about potential regulatory tailwinds.
This narrative, combined with Binance’s top traders heavily going long, has positioned RSR as one of the more politically charged tokens in the current market.
The listing alone sparked a 9% intraday jump, helping bring RSR back into the spotlight after a long quiet phase post-2021 peak.
Technically, RSR is approaching a critical decision point. The token recently attempted to break the $0.0096 resistance level twice and failed, signaling the importance of that threshold.
A successful breakout could open the door to $0.011, and potentially $0.0137 if momentum builds. However, failure to hold current levels could trigger a correction toward $0.0084, with deeper support at $0.0071 and $0.0057.
TokenFi (TOKEN)
Real-world asset (RWA) platform TokenFi (TOKEN) has surged nearly 40% over the past seven days, pushing its market cap back to the $20 million mark.
The sharp rise comes despite a notable drop in trading activity, with 24-hour volume falling over 59% to $8.13 million.
The divergence between price appreciation and declining volume raises questions about the rally’s sustainability, but for now, TOKEN is regaining attention as a small-cap RWA narrative play in the altcoin market.
From a technical standpoint, TOKEN is approaching key resistance levels. If the bullish momentum continues, the token could test $0.024 and $0.0275, with a potential breakout target of $0.041.
However, any reversal could see TOKEN retrace toward the $0.0194 support level. If that fails, deeper downside levels lie at $0.0137 and $0.0112.
Tether, the company behind the USDT stablecoin, said it had nearly $120 billion invested in U.S. Treasurys by the end of March, according to a report released Thursday. The company made more than $1 billion in profit from its traditional investments during the first quarter. However, that’s a big drop compared to the $6 billion profit it reported in the previous quarter.
Tether’s U.S. Treasury Holdings Approach $120 Billion
Tether has released its Q1 2025 report, showing solid financial results despite a rocky quarter for the crypto market. In a press release today, the stablecoin company announced it made over $1 billion in operating profit during the first quarter. Its investments in U.S. Treasurys also reached nearly $120 billion, the highest in its history. These numbers, confirmed by global accounting firm BDO, shows Tether’s increased dominance.
Tether’s USDT remains the world’s largest U.S. dollar-backed stablecoin, with around $150 billion in circulation. The company regularly releases quarterly reports showing the reserves backing USDT.
Tether said its nearly $120 billion in U.S. Treasury exposure includes both direct investments and indirect holdings through money market funds and reverse repurchase agreements. Direct investments in Treasurys made up about $99 billion at the end of Q1.
Tether made over $1 billion in profit in Q1 2025, down from $6 billion in the previous quarter. The earlier jump was mostly due to gains from Bitcoin and gold. This time, most of the profit came from steady returns on U.S. Treasurys, with gold helping balance out crypto market volatility.
As of March 31, 2025, Tether reported about $149.3 billion in total assets and $143.7 billion in liabilities, leaving around $5.6 billion in extra reserves. That’s a bit less than the $7 billion buffer from the previous quarter but still shows strong financial management. The small drop could be due to shifting assets and market changes, not a sign of weakness.
Tether added $7 billion in new USD₮ during the quarter, which is lower than the $23 billion issued in Q4 2024. However, active user wallets grew by 46 million, a 13% increase, showing continued trust and adoption.
Almost all of Tether’s liabilities are linked to its issued tokens, sticking to its fully backed model. Most reserves are held in cash or similar assets, with the rest in gold, Bitcoin, and company investments that don’t back tokens directly.
Tether is still investing heavily in different areas. The company said it has put over $2 billion into long-term projects in fields like renewable energy, artificial intelligence, peer-to-peer communication, and data infrastructure.
Tether also mentioned that Q1 was its first quarter under government regulation in El Salvador, where it recently set up its new headquarters.
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Tether, the company behind the USDT stablecoin, said it had nearly $120 billion invested in U.S. Treasurys by the end of March, according to a report released Thursday. The company made more than $1 billion in profit from its traditional investments during the first quarter. However, that’s a big drop compared to the $6 billion …
The crypto market capitalization has surged back above $3 trillion, displaying the growing strength within the space. While the volume remains restricted within a range, the rise in the market capitalization suggests a notable rise in the bullish strength as the Bitcoin price rises past $97,000. Despite this rise, the token is expected to maintain a strong ascending trend and eventually reclaim $100K in a short while from now.
The BTC price has consolidated for over a week and triggered a breakout above the range with capital influx and bullish sentiments swirling around $100K. On-chain data shows whales and the long-term holders are buying while the exchange reserves continue to drop. This generated a supply squeeze that pushed the price above the consolidated range. However, the price is required to rise above the ‘broken parabolic slope’ that may pave the way for a new ATH as suggested by crypto veteran Peter Brandt.
Peter Brandt shared a historical chart of Bitcoin where the BTC price followed a parabolic curve in 2021 and formed a new ATH. Currently, the price has dropped below the curve, and a rise above the curve could trigger a strong bull run. The price is predicted to reach $125,000 to $150,000 by August-September 2025, but the analysts warn of a 50% or more correction after marking a new ATH. Here could be why the analyst foresees a massive drop.
The open interest plays a major role in determining the mindset of the investors. The rise in open interest suggests the longs are paying the shorts, which indicates that longs have become dominant compared to shorts. Unfortunately, the open interest is still negative despite the price approaching $100K.
The data from Coinanalyze shows that the Bitcoin funding rate has gone negative, while the predicted funding rate average is also negative. This suggests the shorts are still dominant over the longs, which circulates bearish clouds over the BTC price rally. However, the analyst believes that only the destruction of the USD may prevent the massive correction. Therefore, it would be interesting to watch the next Bitcoin (BTC) price action.
The post ‘Bitcoin Price May Reach $125K to $150K by September 2025’ – But Wait, Here’s the Twist appeared first on Coinpedia Fintech News
The crypto market capitalization has surged back above $3 trillion, displaying the growing strength within the space. While the volume remains restricted within a range, the rise in the market capitalization suggests a notable rise in the bullish strength as the Bitcoin price rises past $97,000. Despite this rise, the token is expected to maintain …
A consistent close above the resistance range between 19 cents and 20 cents will trigger a rally toward the parabolic phase for the DOGE price.
The anticipated approval of spot DOGE ETF in the next few months will improve its overall liquidity, trading volume, and demand.
Dogecoin (DOGE) price performed better than the rest of the top-10 altcoins by market capitalization in the past 24 hours. As Bitcoin (BTC) price teased above $97k and the total crypto market cap gained 1.2 percent in the past 24 hours to hover about $3.12 trillion, DOGE price rallied over 5 percent to trade around $0.1813 on Thursday, May 1, during the mid North American session.
The early bull phase – characterized by rising optimism and a breakout from key resistance levels – has signaled the onset of the much anticipated parabolic phase of the 2025 crypto bull cycle.
Dogecoin Whales Increases Accumulation
As investors adjust accordingly, amid the Wall Street quarterly earnings report and improving trade war negotiations, on-chain data shows whale investors have increased their appetite for memecoins, led by Dogecoin. According to market data from Santiment, Dogecoin investors, holding between 1 million and 10 million coins, added 100 million DOGE in the past week to currently hold about 10.55 billion coins.
The rising demand for DOGe coincides with the notable spike in its Futures Open Interest (OI) to about $1.88 billion, from about $1.31 billion on April 9, 2025. Additionally, as Coinpedia reported, the odds for a Doge ETF approval before the end of this year have significantly increased, with Polymarket’s users betting at a 68 percent approval rate.
What Next For DOGE
Dogecoin price has depicted a high correlation with Bitcoin price action YTD, catalyzed by its high adoption by institutional investors. The large-cap memecoin, with a fully diluted valuation of about $26.9 billion and a 24-hour average trading volume of around $1 billion, is aiming for 26 cents, which coincides with the 200-day Moving Average Simple (SMA).
From a technical analysis standpoint, DOGE will enter its price discovery in the near future. However, the weekly MACD line must cross above the signal line and the Relative Strength Index (RSI) regains above 50.
The post Dogecoin Price Analysis and Forecast: DOGE Price Confirms Early Bull Phase appeared first on Coinpedia Fintech News
A consistent close above the resistance range between 19 cents and 20 cents will trigger a rally toward the parabolic phase for the DOGE price. The anticipated approval of spot DOGE ETF in the next few months will improve its overall liquidity, trading volume, and demand. Dogecoin (DOGE) price performed better than the rest of …
Kraken is preparing to go public in the near future via an IPO.
The surge in trading volume signals the re-emergence of FOMO crypto trading amid bullish sentiment.
Bitcoin has already broken out of a major resistance and a euphoric rally is around the corner.
Kraken, a veteran cryptocurrency exchange, announced the financial update for the first quarter of 2025. The cryptocurrency exchange reported a gross revenue of $471.7 million, up 19 percent YoY but down 7 percent QoQ.
According to the announcement, Kraken recorded an adjusted EBITDA of $187.4 million, up 17 percent and 1 percent YoY and QoQ respectively. The company reported a total trading volume of about $208.7 billion, up 29 percent YoY but down 10 percent QoQ.
What Next For Kraken
Kraken exchange intends to follow Coinbase Global Inc. (NASDAQ: COIN) by going public via an IPO, potentially in the first half of 2026. The cryptocurrency exchange completed the acquisition of NinjaTrader, to enhance the combination of traditional finance and the cryptocurrency market,
“We always want to be ready to be able to grow with our customers. If it’s better on behalf of our customers to have access to capital markets, we’ll do it. We’ll be able to have the ability to go public when we want to, not subject to market conditions,” Arjun Sethi, the company’s co-chief executive officer, said in an interview.
Key Derivation for Crypto
The notable growth in Kraken’s gross revenue and adjusted EBITDA confirms the rising demand for digital assets reported in the past year. The improving global liquidity amid the rising adoption of digital assets by institutional investors and nation-states signals a parabolic rally is on the horizon.
Moreover, the United States, under President Donald Trump, is about to implement its Strategic Bitcoin Reserve. Additionally, more nations have implemented clear crypto regulations in the past few years compared to the 2021 bull cycle.
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Kraken is preparing to go public in the near future via an IPO. The surge in trading volume signals the re-emergence of FOMO crypto trading amid bullish sentiment. Bitcoin has already broken out of a major resistance and a euphoric rally is around the corner. Kraken, a veteran cryptocurrency exchange, announced the financial update for …
Strategy missed Wall Street expectations by a huge margin during the first quarter.
Saylor expects the BTC price to record a compounded annual growth rate of about 30 percent in the next two decades.
Bitcoin price rebounded above $96k for the first time since mid-February.
Strategy, formerly MicroStrategy, the leading corporate holder of Bitcoin (BTC), released its first quarter 2025 financial results on Thursday, May 1. For the three-month period that ended on March 31, Strategy added 61,497 Bitcoins, thus currency holding about 553,555 Bitcoins.
As a result, Strategy achieved a BTC Yield of 13.7 percent in the first quarter of 2025.
The company continued to capitalize on the equity markets to purchase more Bitcoins during the first quarter.
“We successfully executed our record $21 billion common stock ATM, adding 301,335 BTC to our balance sheet while simultaneously achieving a 50% increase in MSTR share price during the same period. In Q1, we also broadened our capital base with two of the most successful preferred stock IPOs in a decade,” Phong Le, President and Chief Executive Officer at Strategy noted.
Market Outlook for Strategy
During the first quarter of 2025, Strategy recorded revenue of about $111.1 million, a decline of 3.6 percent year over year. The company reported a gross profit of $77.1 million in Q1 2025, compared to $85.2 million at the same time last year.
Analysts polled by FactSet anticipated Strategy to report a GAAP loss of 11 cents per share on sales of $117 million. Meanwhile, Strategy anticipates raising $84 billion in the coming quarters to purchase more Bitcoins.
$MSTR announces BTC Yield of 13.7% and BTC $ Gain of $5.8B year-to-date, doubles capital plan to $42B equity and $42B fixed income to purchase bitcoin, and increases BTC Yield target from 15% to 25% and BTC $ Gain target from $10B to $15B for 2025. https://t.co/LgeMEd6Dr5
The company’s long-term confidence in Bitcoin has helped attract more institutional investors in the industry. As a result, Bitcoin price has gained bullish sentiment akin to Gold. In the past two weeks, Bitcoin price gained over 13 percent to trade at about $96.6k at the time of this writing.
If BTC price manages to consistently close above $96k in the coming weeks, a rally beyond $109k will be inevitable.
The post Strategy Releases Q1 Financial Results: Michael Saylor Remains a Bitcoin Maximalist and Raises 2025 Targets appeared first on Coinpedia Fintech News
Strategy missed Wall Street expectations by a huge margin during the first quarter. Saylor expects the BTC price to record a compounded annual growth rate of about 30 percent in the next two decades. Bitcoin price rebounded above $96k for the first time since mid-February. Strategy, formerly MicroStrategy, the leading corporate holder of Bitcoin (BTC), …