Introducing the US Morning Crypto News Briefing, where you'll get a comprehensive overview of the crucial developments in the cryptocurrency space for the upcoming day.
Start your day with insights on Bitcoin's price recovery and the ongoing debate surrounding its role as a hedge against inflation and economic uncertainties, especially with institutional involvement raising concerns.
Can Strategy’s recent purchase of $555 million worth of Bitcoin have the potential to push Bitcoin above the $90,000 mark? Michael Saylor, the chairman of Strategy, disclosed the purchase of 6,556 BTC valued at around $555.8 million. This move has resulted in a 12.1% year-to-date (YTD) Bitcoin yield for the firm in 2025.
Strategy utilizes the YTD Bitcoin Yield as a metric to track the increase in BTC holdings per share, integrating this approach into their financial strategy since their initial Bitcoin investment in August 2020.
This purchase aligns with the optimistic market sentiment for Bitcoin as it inches closer to hitting the $90,000 milestone, as indicated by recent US Crypto News.
Despite a slight recovery in Bitcoin prices, rising over 3% in the past 24 hours, it's important to recognize Bitcoin's sensitivity to economic indicators and global market shifts influenced by major economies, particularly the US.
Regarding Bitcoin's current market outlook, Paybis founder and CEO Innokenty Isers pointed out that the landscape has shifted post-US Presidential inauguration, with Bitcoin evolving from a trusted inflation hedge to a more risky asset due to its higher volatility.
Isers acknowledged the prolonged trade war implications and looming inflation risks, suggesting that investors may opt for alternative inflational hedge assets over Bitcoin amid economic uncertainties.
Furthermore, Strategy has witnessed a transformation in its stock valuation dynamics, with a marked decrease in the premium paid for its exposure to Bitcoin holdings compared to the previous year. The shrinking NAV multiplier indicates a cautious market sentiment, emphasizing a growing trend of valuing MicroStrategy based on its fundamentals rather than speculative Bitcoin enthusiasm.
The obtained chart illustrates the fluctuation of Strategy's stock price relative to Bitcoin's price, reflecting a correlation between the two. However, the reduced NAV multiplier implies MicroStrategy's stock is now trading in closer alignment with the actual value of its Bitcoin reserves, hinting at a more rational market approach based on company fundamentals rather than solely on Bitcoin hype.