Coin Stock Barometer丨Strategy Invests $1.57 Billion to Increase Holdings by 22,337 BTC; Bitmine, ARK Invest, and Others to Invest $125 Million in Eightco Holdings (March 17)
Crypto stocks demonstrated strong performance amid geopolitical tensions, with companies like Circle (CRCL) and Bitmine posting significant gains. MicroStrategy invested $1.57 billion to acquire 22,337 Bitcoin, bringing its total holdings to 761,068 BTC. Wall Street firms remain bullish on U.S. equities despite Middle East conflicts, with Bitcoin outperforming gold and global stocks as institutional adoption grows. Bitcoin ETF inflows totaled $2.1 billion over three weeks, capturing 6.1% of supply.
Metaplanet plans to raise $234 million for Bitcoin purchases via warrants, while Ethereum Foundation sold 5,000 ETH to Bitmine for $10.2 million to fund ecosystem development. Eightco Holdings secured $125 million in funding led by Bitmine ($75M) and ARK Invest ($25M) to expand into AI and blockchain infrastructure. Other notable moves include Zeta Network’s $10 million convertible note for Bitcoin acquisition and Cypherpunk’s $5 million investment in Zcash development.
marsbitIeri 10:18