K Wave Media is redirecting up to $485 million from a Bitcoin treasury strategy into AI infrastructure, alongside debt reduction and restructuring, per a Form 6-K filing. K Wave Media, a Nasdaq-listed media and entertainment company, said it is redirecting up to $485 million in remaining financing capacity from a Bitcoin treasury strategy into an artificial intelligence infrastructure buildout, according to a Monday 6-K filing with the US Securities and Exchange Commission (SEC). The capital will be deployed into data centers, graphics processing unit (GPU) compute operations and related AI infrastructure investments under an amended securities purchase agreement with Anson Funds, the structured equity financing counterparty to the company. The amendment revises a prior $500 million equity purchase facility, which had been structured to support a Bitcoin treasury strategy, leaving $485 million available for deployment into AI infrastructure initiatives, according to the filing. The Bitcoin treasury was previo...
Bitcoin’s rally on Monday pushed it above $80,000 for the first time since January as analysts say BTC price could rise further to fill the futures gap at $84,000 in the short term. Market analysts said Bitcoin (BTC) is “primed for upward momentum” after rallying past $80,000 during the early Asian trading hours on Monday. Key takeaways: Read more
In past instances, BTC has averaged 24% gains in one month when institutional demand absorbed over 500% of the daily mined supply. Bitcoin (BTC) may rally toward $96,000 by June as institutions absorb more than five times the daily mined BTC supply, according to Capriole Investments founder Charles Edwards. In a Monday post, Edwards said institutions have been "slurping up 500%+ of Bitcoin’s daily mined supply." BTC/USD daily chart vs. institutional buying market cap. Source: Capriole Investments Read more
Bitcoin gained fresh bullish BTC price targets after hitting new three-month highs above $80,000. Bitcoin (BTC) starts a new week in fighting form as $80,000 returns after a three-month absence. It started with a breakthrough a key 21-week trend line last week, and now, Bitcoin is back at $80,000 for the first time in three months. Data from TradingView shows new local highs of $80,617 on Bitstamp. Read more
The Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy. Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at $0.13 each, according to a Monday announcement from Capital B. Each warrant gives Back the right to buy one new share of future company stock at the exercise price of $0.98, corresponding to the company’s market net asset value (mNAV) of 1.1 per share, the company said. The deal would increase Back’s exposure to Capital B, where he is already one of the company’s largest strategic investors. Back now holds over 39.5 million shares or 9.97% of Capital B’s shares on a fully diluted basis. Back is best known as the inventor of Hashcash, the proof-of-work system cited in the Bitcoin white paper. Read more
Bitcoin soared as the MSCI AC Asia Index rose to a new high on Monday, an early indicator that investors viewed the weekend developments in a reasonably positive light. Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026. The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to break the $80,000 level about 75 minutes later, before climbing to $80,515 by 4:20 am UTC, according to TradingView data. Bitcoin’s price change on Coinbase on Monday. Source: TradingView Read more
Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1. Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday. On Sunday, Executive Chairman Michael Saylor announced “No buys this week” in a post on X, where he has regularly provided a signal of planned purchases. In its most recent purchase, the Tysons Corner, Virginia-based company acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on April 27. Read more
Bitcoin canceled out the week's earlier losses to tease the highest BTC price weekly candle close since the end of January near $79,000. Bitcoin (BTC) eyed $79,000 into Sunday’s weekly close as crypto markets continued to be guided by the US-Iran war. Key points: Read more
Despite being the best-performing month in the past 12 months, Bitcoin still came in slightly below its historical average, according to CoinGlass data. Bitcoin has posted its best-performing month in a year, prompting analysts to forecast what could lie ahead for May, which has historically delivered returns of about 8%. “Long way to go back to ATHs, but good to see some green,” Coin Bureau founder Nic Puckrin said in an X post on Friday, referring to Bitcoin’s (BTC) performance during April, which saw a monthly return of 11.87%. It marked Bitcoin’s best-performing month since April 2025, when it returned 14.08%. However, it still came in slightly below its historical April average of 12.98%, according to CoinGlass. Read more
All major mining stocks are up in 2026, with gains of up to 85% as Bitcoin remains down on the year. Publicly traded crypto mining companies are posting strong gains in 2026, even as the broader crypto market remains under pressure. All ten of the largest publicly traded mining stocks are in positive territory year-to-date (YTD), with gains ranging from around 5% to more than 85%, according to data from Bitcoinminingstock.io. Top Bitcoin mining stocks by market cap. Source: Bitcoinminingstock.io Read more
With attention spilling into multiple other technology sectors, crypto may struggle to capture a strong, price-driving narrative, a crypto analyst says. Bitcoin may not need a new story or catalyst to push back above the psychological $100,000 level, which it has not traded above in nearly five months, according to MN Trading Capital founder Michael van de Poppe. ‘“There doesn't need to be a narrative that pushes the price upwards,” van de Poppe said in an X post on Friday, after asking, “What narrative will bring Bitcoin to $100K?” “Price moves upwards, and the narrative will create itself,” van de Poppe said, adding: Read more