"BTC OG Insider Whale" Approaches Profitability Again, SOL Long Position with Unrealized Profit of $6.89 Million

Strategy Invests Additional $1.57 Billion to Purchase 22,000 BTC, 239,000 BTC Away from Million BTC Target

Michael Saylor announced that MicroStrategy purchased 22,337 bitcoins at an average price of $70,194, bringing total holdings to 761,068 BTC with a book value exceeding $57.6 billion. This move demonstrates a positive effect in cost averaging, and the company plans to reach its goal of 1 million bitcoins by the end of 2026. Saylor's confidence in bitcoin remains unwavering, with market response serving as an important indicator.

Gate Crazy Wednesday is now live! Complete tasks to win FOGO and Leica cameras. USDT financial products offer up to 100% APY. Stake BTC, ETH, SOL and earn up to 16% mining APY.

Gate News bot message: According to Gate's official announcement on March 18, 2026 Gate launches the "Crazy Wednesday" activity, running from March 18, 2026 at 14:00 to March 22 at 16:00 (UTC+8). Users can unlock blind boxes by completing multiple tasks including flash swaps, spot trading, contract trading, and deposits. Prizes include FOGO tokens, lucky bags, and Leica cameras, with a 100% win rate. During the event, the platform offers a USDT 14-day fixed wealth management product with 8% annualized yield. New users can enjoy a 3-day 100% annualized yield bonus. Additionally, surplus asset wealth management products are available including 0G, APT, AZTEC, and IDOS, with maximum annualized yields reaching 300%. Users who stake BTC, ETH, and SOL can enjoy up to 16% annualized yield, with SOL staking of 0-1 eligible for 16% annualized returns. All rewards will be distributed within 14 business days after the event concludes.

Metaplanet Raises Additional $255 Million to Purchase Bitcoin, Targeting Full Increase to $531 Million

Japan's Metaplanet has recently raised approximately $255 million in new funding to increase its bitcoin holdings, with a target of holding 210,000 BTC before 2027. The company has become Japan's largest bitcoin holder and is further expanding its market exposure. This fundraising strategy includes premium share offerings and warrants, aimed at accelerating bitcoin accumulation and ecosystem development.

Coin Center Urges SEC to Establish Unified Crypto Rules, Opposes Reliance on Individual Case Exemptions

On March 18th, Coin Center sent a letter to the U.S. SEC, urging the prioritization of systematic cryptocurrency asset regulatory rules to avoid market fragmentation and unfairness. The letter pointed out that crypto networks should be considered public infrastructure. The SEC recently issued a classification for non-securities crypto assets and signed a memorandum of understanding with the CFTC, aimed at strengthening regulatory coordination. Coin Center warned that selective regulation could impact market fairness. The U.S. Congress is advancing the CLARITY Act, expecting to provide a clear compliance pathway for digital assets.

Uptrend Encountering Resistance? Analysis: Bitcoin Rebound May Face Headwinds Between $75,000 and $85,000

Bitcoin is currently around $74,611, facing resistance near the $75,000 level, with $85,000 being a larger resistance zone. Despite bullish signals appearing in the derivatives market and a short-term uptick in risk appetite, the increase in Bitcoin flowing into exchanges may bring profit-taking pressure. Market focus is concentrated on the Federal Reserve's interest rate decision, and if the results fall short of expectations, it will affect the sustainability of Bitcoin's rebound.

Bhutan Government Moves $27 Million in Bitcoin, Continuing 2026 Selling Trend Despite Price Recovery

The Royal Government of Bhutan transferred approximately 375 Bitcoin worth $27 million on March 17, 2026, marking its largest single-day movement in recent weeks and continuing a 2026 selling trend that has now exceeded $40 million in total outflows.