Funding
Tether Investments proposed merging Twenty-One Capital (43,514 BTC, $3.3B), Jack Mallers' Strike (operating in 100+ countries) and Raphael Zagury's Elektron Energy (~50 EH/s mining capacity) into a single publicly listed Bitcoin platform. XXI shares jumped 8% in after-hours trading.
Funding
MARA Holdings agreed to acquire Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion, adding a 505-MW Ohio gas plant, 1,600+ acres and a path to 1 gigawatt of HPC, AI and Bitcoin-mining capacity.
Funding
Tether Investments proposed merging Twenty One Capital (XXI), Jack Mallers' Strike, and miner Elektron Energy into one listed entity. The combined company would hold 43,500+ BTC, mine ~5% of hashrate at <$60K all-in, and run Strike — XXI popped 8%.
Bitcoin
Bo Hines, executive director of Trump's Council of Advisors on Digital Assets, said at Bitcoin 2026 in Las Vegas the White House will release Strategic Bitcoin Reserve plans within two months. The US is the largest known state BTC holder, ~328,372 BTC.
Bitcoin
BIP-361, drafted by Jameson Lopp and other core devs, would phase out Bitcoin's current cryptographic signatures and freeze ~5.6M dormant BTC (~$440B, 28% of supply) to protect them from quantum attacks. Critics say it would shatter Bitcoin's core value prop in a single day.
Bitcoin
Project Eleven estimates roughly 6.9 million BTC sit in addresses with exposed public keys, including Satoshi's coins, and resource estimates for a full 256-bit elliptic-curve break have fallen below 500,000 physical qubits.
Bitcoin
Open interest in BlackRock IBIT options reached $27.61B on April 25, edging Deribit's $26.90B BTC options book for the first time and closing the gap with a venue that has run since 2016 in roughly two years.
Ethereum
Tom Lee–chaired BitMine purchased 10,000 ETH at $2,387 — roughly $23.87 million — directly from the Ethereum Foundation in an OTC transaction on April 24, lifting its treasury to 4,976,485 ETH and following a separate 5,000-ETH purchase the company executed in March.
Funding
Market maker GSR has launched its first ETF, the GSR Crypto Core3 (BESO) on Nasdaq: an actively managed multi-asset fund holding BTC, ETH and SOL with staking-income participation.
Bitcoin
On April 22, Hive Digital raised $115M via convertible notes for GPUs, and Keel Infrastructure closed its Paraguay mining facility sale for $13M, funneling proceeds into HPC/AI pipeline build-out.
Bitcoin
Strategy (formerly MicroStrategy) purchased 34,164 BTC for about $2.54 billion on April 20 at an average price of $74,395, its third-largest single acquisition on record.