On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the company. With this purchase, Metaplanet now holds 5,555 BTC, acquired for a total of around $481.5 million at an average price of $86,672 per Bitcoin, reflecting solid strategic planning. Contine To Read
MicroStrategy Incorporated, recently renamed as Strategy, is the largest publicly traded corporate owner of Bitcoin, with 528,185 BTC purchased at an average price of $67,458, with total acquisition cost of $35.63 billion.
As of April 2025, its Bitcoin holdings are worth around $41.3 billion, with the most recent purchase of 22,048 BTC for $1.92 billion on March 30 at $86,969 per BTC. Bitcoin is now Strategy’s main treasury reserve asset, and its BTC Yield—a key performance indicator measuring Bitcoin per share—rose 11% YTD during Q1, aiming for 15% annually to 2027.
Microstrategy SEC filing
SEC filings in recent times point to the volatility that comes with Strategy’s Bitcoin model. During Q1 2025, the firm had a $5.91 billion unrealized loss caused by a price fall to $77,351, which was offset by a $1.69 billion tax benefit.
The capital structure of the company is comprised of $8.65 billion raised in the form of equity and debt since 2020, for funding continuous Bitcoin acquisitions. The highlight was raising $2 billion in February 2025 using zero-coupon convertible notes that are due in 2030. Strategy also went public with a preferred stock (STRK) offering during Q4 2024 and raised $584 million.
In spite of volatility, the firm’s overall Bitcoin holding is still in profit with an unrealized gain of 14.62%. Its software segment still lags behind, reporting $120.7 million in Q4 2024 revenue, down 3% YoY, and failing to produce positive operating cash flow. The firm depends greatly on financing for its operations and Bitcoin acquisitions, having done a 10-for-1 stock split in July 2024 to increase share availability.
Liquidation risk is contained at present. With $8.2 billion in unsecured loans and no collateralized loans for Bitcoin, Strategy could potentially repay all of its debt by selling 15% of its BTC at current market prices.
Bitcoin through shares
Executive Chairman Michael Saylor’s 46.8% voting share guarantees continuation of the Bitcoin-first strategy, and he asserts even a decline in Bitcoin’s price wouldn’t lead to a selloff.
Strategy’s equity and debt offering-based fund conversion strategy—using stock and note issuance to purchase BTC has been referred to as an “infinite money glitch.” Strategy purchases additional Bitcoin by issuing stock and notes at a premium, driving both BTC and MSTR’s stock upward.
This model relies on investor faith and sustained appreciation of Bitcoin. Any extended decline in Bitcoin’s price may test its capacity to raise capital or service its obligations.
Critics point to centralization risks, possible tax burdens on $18 billion of unrealized gains, and regulatory attention from organizations such as the SEC. At the same time, the stock of the company experienced a 336% jump in 2024, although it dropped by 55% from a high of $543 in November to $250 by February 2025.
In summary, Strategy’s aggressive Bitcoin approach continues to provide returns but with high risk of exposure to market volatility, debt risk, and regulatory issues. Its success will depend on Bitcoin’s long-term trend and Saylor’s dogged adherence to the “never sell” mantra.
The post Can Strategy Survive a Bitcoin Crash? The Company’s Risky Capital Model Under Scrutiny appeared first on Coinpedia Fintech News
MicroStrategy Incorporated, recently renamed as Strategy, is the largest publicly traded corporate owner of Bitcoin, with 528,185 BTC purchased at an average price of $67,458, with total acquisition cost of $35.63 billion. As of April 2025, its Bitcoin holdings are worth around $41.3 billion, with the most recent purchase of 22,048 BTC for $1.92 billion …
The crypto market did not fare too well over the last seven days, with most of the altcoins noting a decline. However, heading into the second half of June, certain external developments could trigger a recovery in altcoins’ prices.
BeInCrypto has analyzed three such altcoins for investors to watch in the coming days and the direction in which they are heading.
Immutable (IMX)
Immutable X staking is set to transition to Immutable zkEVM this week, marking a significant milestone for the network and its users. This move is expected to bring bullish momentum to the platform, potentially influencing the price of the native token IMX in the coming days.
IMX has experienced an 8.7% decline over the past week, with the current price at $0.47. The altcoin is struggling to hold support at $0.46. However, if it successfully secures this level, IMX could target the next resistance at $0.49, with potential gains extending toward $0.53.
The Parabolic SAR is currently above the candlesticks, indicating a growing bearish trend. If this pattern holds, IMX’s price may continue to slide. A drop below the $0.44 support would signal further weakness, invalidating the bullish outlook and increasing the risk of additional losses for investors.
Reserve Protocol (RSR)
RSR is set to undergo its second-ever burn on June 20, following the successful 1.28 million RSR burn on May 21. This event is expected to play a key role in shaping the altcoin’s price action, potentially providing a catalyst for a new wave of investor interest and price movement.
The last RSR burn led to a notable 13.7% price surge. A similar short-term bullish scenario could unfold after the upcoming burn, particularly with the MACD indicator signaling a bullish crossover. If this momentum continues, RSR could target $0.0073, with the next resistance point at $0.0081, drawing further investor attention.
However, if broader market sentiment turns bearish, RSR might struggle to maintain support levels. A break below $0.0064 or $0.0059 would indicate significant weakness and invalidate the current bullish outlook. In this scenario, the altcoin could face a prolonged decline, making careful monitoring of market cues essential for traders.
THORChain (RUNE)
RUNE price has decreased by 5% over the past week, trading at $1.54, just below the $1.57 resistance level. This comes ahead of the V3.7.0 upgrade scheduled for THORChain later this week, which is expected to bring substantial improvements to the network, potentially impacting RUNE’s price.
The upcoming V3.7.0 upgrade introduces a range of changes to the THORChain network, which could lead to a surge in RUNE’s price. The Ichimoku Cloud also suggests a bullish momentum for the altcoin. If RUNE manages to reclaim $1.57 as support, it could drive the price towards $1.67, attracting further investment.
However, if broader market conditions turn bearish, RUNE might face a downward correction. A drop below $1.50 could signal further weakness, with $1.39 acting as the next support level. A break below this level would invalidate the bullish outlook, likely extending losses for investors.
India’s New Income Tax Bill, proposed in 2025, has raised serious concerns about digital privacy. If passed, the bill would allow tax officials to access individuals’ emails, social media, and trading accounts starting from April 1, 2026. The government claims this measure is necessary to curb tax evasion, but many are worried about potential misuse and privacy violations.
Digital Locks No Longer Safe
Currently, tax officials do not have direct authority to check digital records, which has led to legal confusion. The new bill seeks to remove these uncertainties by officially granting them the power to access:
Email servers
Online banking and investment platforms
Social media accounts
Digital storage and applications
Beginning April 1, 2026, tax officers will have the legal right to investigate a person’s digital presence if they suspect tax evasion.
This means they could check emails, social media activities, bank accounts, trading records, and even personal messages to look for undisclosed income, gold, jewelry, or other valuable assets on which taxes have not been paid.
What does the Law say?
Under the current Income Tax Act, of 1961, officials can enter properties and seize documents if they believe someone is hiding financial details. The new bill takes this a step further by giving them access to digital records.
This means tax officers could check personal messages, emails, and online accounts if they think someone is evading taxes. While the government insists these powers will only be used in serious cases, many people worry about the lack of clear rules.
A Threat to Digital Freedom?
While the bill aims to improve tax compliance, legal experts and privacy advocates worry it could lead to excessive government surveillance. They argue that without proper safeguards, authorities might gain too much control, increasing the risk of harassment and misuse of personal financial data.
Possible harassment of taxpayers
Unnecessary scrutiny of personal information
Threats to digital rights and privacy
Critics fear that businesses and individuals could face unfair investigations, and there are questions about how sensitive data will be handled and protected.
Bill is Currently In a Review
The bill is currently being reviewed by a parliamentary committee, and changes might be made before it becomes law. While the government sees this as a step toward better tax enforcement, concerns over privacy and misuse remain.
The post Indian Govt’s New Tax Law: Officials Can Access Your Emails & Social Media from April 2026! appeared first on Coinpedia Fintech News
India’s New Income Tax Bill, proposed in 2025, has raised serious concerns about digital privacy. If passed, the bill would allow tax officials to access individuals’ emails, social media, and trading accounts starting from April 1, 2026. The government claims this measure is necessary to curb tax evasion, but many are worried about potential misuse …
