Connect with us

Bitcoin

Ondo Finance Eyes $2.55 Target with RWA Tokenization Boom

Published

on

Ondo Finance’s ONDO token is projected to reach $2.55 in 2025, with stretched targets at $5.53, driven by the real-world asset (RWA) tokenization surge. Trading at $1.10 on September 12, 2025, ONDO benefits from institutional inflows into tokenized bonds and funds, surpassing key Fibonacci levels.

Integration with blockchains like Solana enhances liquidity for traditional assets. With the global RWA market projected at $10 trillion by 2030, Ondo’s growth potential is significant.

Investors should monitor $1.104 support; breakthroughs could spark further gains in this undervalued sector.

Bitcoin

Strategy (MicroStrategy) Adds 250 Bitcoin, Holdings Reach 848,250 BTC

Published

on

Strategy, Inc. (Nasdaq: MSTR), the company led by Executive Chairman Michael Saylor, acquired an additional 250 bitcoin for approximately $21.5 million between October 5 and October 11, 2026, at an average price of $86,194 per coin (including fees and expenses). The purchase brings the firm’s total holdings to 848,250 BTC.

The company funded the acquisition primarily through net proceeds of about $21 million from at-the-market sales of 125,183 shares of its Class A common stock (MSTR), with the remaining roughly $0.5 million drawn from its USD cash balance. No preferred stock was sold during the period. Strategy’s cumulative bitcoin investment now stands at roughly $64 billion, acquired at an average cost basis of approximately $75,444 per coin. At recent market prices, the holdings represent more than 4% of Bitcoin’s fixed 21 million supply cap and carry substantial unrealized gains.

In the same weekly update, Strategy reported repurchasing 1,932,145 shares of its STRC preferred stock (Variable Rate Series A Perpetual Stretch Preferred Stock) for an aggregate of about $192.4 million. The company maintains a large USD reserve—previously reported near $4.88–$5.5 billion—to support preferred stock dividends and interest payments on outstanding debt. Additional cash balances remain available for treasury activities, including further bitcoin purchases.

Saylor highlighted the latest acquisition on X with the familiar phrase “There’s always room for more orange,” continuing his long-running pattern of signaling accumulation. Strategy remains the largest publicly traded corporate holder of bitcoin. The move occurred against a backdrop of elevated volatility, with bitcoin trading in the roughly $81,000–$84,000 range around October 12 after earlier strength above $84,000.

The latest purchase marks continued, if more modest, weekly accumulation following larger buys in prior weeks. Strategy has paired ongoing bitcoin treasury expansion with active capital management, including preferred-stock repurchases, while relying on equity issuance and existing cash reserves to fund purchases.

Continue Reading

DeFi

DeFi18 hours ago

Spot Bitcoin ETFs Reverse Course with Hundreds of Millions in Net Outflows

U.S. spot Bitcoin ETFs recorded substantial net outflows late last week, erasing much of the strong inflows seen earlier and...

DeFi2 days ago

Crypto Liquidations Surge Past $400 Million in Hours as Bitcoin Briefly Dips Below $80,000

Bitcoin briefly fell below the $80,000 level on Saturday, October 24, 2026—its weakest point in more than a month—triggering a...

DeFi3 days ago

Binance-Linked Transfer Triggers 347 Million LUNC Burn

Binance-Linked Transfer Triggers 347 Million LUNC Burn, Pushing All-Time Total Past 462 Billion On October 23, 2026, a large transfer...

DeFi4 days ago

Bitcoin Slides Below $81,500 as Tech Sell-Off and Elevated Oil Prices Hit Risk Assets

Bitcoin fell sharply on October 22, 2026, trading near $81,300–$81,600 with a market capitalization of roughly $1.63–$1.64 trillion after dropping...

DeFi4 days ago

BNB Standard Corporation

BNB Standard (Nasdaq: BNC) to Ring Nasdaq Opening Bell on October 26 Under New CEO Alex Odagiu Binance co-founder Changpeng...

DeFi5 days ago

Mastercard Advances AI Agent Payments

Mastercard opened early access and demonstrated live transactions for its Agent Pay for Machines system. The platform allows AI agents...

DeFi5 days ago

JPMorgan

J.P. Morgan Asset Management included Bitcoin for the first time in its long-term capital market assumptions, projecting a 10% compound...

DeFi5 days ago

Strive Adds $335 Million in Bitcoin to Corporate Treasury

Nasdaq-listed Strive purchased 4,045 BTC between October 12 and 16, 2026, at an average price of roughly $82,803 per coin...

DeFi5 days ago

BlackRock Files for “Buffer” Bitcoin ETF (Ticker: PBIT)

BlackRock filed with the SEC on October 19, 2026, for the iShares Bitcoin Managed Protection ETF (proposed ticker PBIT). The...

DeFi6 days ago

Mt. Gox Extends Creditor Repayment Deadline to October 2027

The rehabilitation trustee for the collapsed Mt. Gox exchange pushed the creditor repayment deadline to October 31, 2027, with Tokyo...

Advertisement

Trending