Forward Borrows Against Solana Stack At 3.4% To Repurchase 6 Million Shares

Forward Industries (NASDAQ:FWDI) will repurchase 6.16 million shares for $27.4 million using a $40 million loan from Galaxy Digital at 3.4% APR, increasing SOL-per-share by 29% annualized.

The Share Repurchase Math

The transaction reduces Forward’s common shares outstanding from 83.14 million to 76.98 million, the company announced Thursday.

As of March 18, Forward holds 7.01 million SOL with 105.89 million fully diluted shares outstanding, resulting in SOL-per-share of 0.0662 versus 0.0624 on December 31.

The company borrowed $40 million at a weighted average annual interest rate of approximately 3.4% with an average weighted maturity of 4.9 months. 

The facility is secured by fwdSOL held…

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Strive Surpasses CleanSpark In Top 10 Bitcoin Treasury Rankings After Adding 317 BTC

Expanding Bitcoin Holdings

Since going public in September 2025, Strive has built its Bitcoin position through multiple funding sources, including PIPE proceeds, the acquisition of Semler Scientific and capital markets activity such as its IPO and follow-on offerings.

Financial Performance Mixed

Strive reported improving internal metrics, including rising Bitcoin yield and gains, reflecting growth in Bitcoin per share.

However, results were weighed down by volatility in Bitcoin’s price. The company posted a Q4 net loss of $393.6 million, largely driven by declines in the fair value of its holdings.

Despite the loss, Strive continues to expand its Bitcoin treasury, now valued at roughly $944…

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Strategy Could Own 1 Million Bitcoin By September—Here’s The Math

The Historical 16% Rate

Michael Saylor’s Strategy has increased Bitcoin holdings by an average of 16% quarter-over-quarter since 2020. 

In Q1, the company acquired 88,568 Bitcoin, the second-best quarter ever despite Bitcoin trading 45% below all-time highs.

The company holds 761,068 Bitcoin as of March 18. Acquiring another 100,000 Bitcoin this quarter would bring holdings to 860,000, putting the company one quarter away from 1 million by September.

Strategy raised $1.5 billion last week, with $1.18 billion coming from STRC preferred stock versus $396 million from common stock. 

This marks the first time the company used preferred stock as the primary funding vehicle, a shift that…

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Michael Saylor Changed Tactics To Buy More Bitcoin: What It Means For MSTR

Funding Shift Emerges

In a Mar.19 post on X, CryptoQuant data showed the company bought nearly 18,000 BTC in the week of Mar. 8 and more than 22,000 BTC the following week, its largest weekly accumulation since November 2024.

While the scale of buying stands out, the funding mix marks the bigger shift.

Historically, Strategy financed Bitcoin purchases largely through issuing MSTR shares, diluting existing shareholders. Recent data, however, points to a change.

During the week of Mar. 8, about $900 million came from share sales, compared with $377 million from Stretch (STRC)-related funding.

The following week, equity contributions fell to roughly $396 million, while STRC funding surged to…

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Strive (ASST) Accumulates 13,600 Bitcoin Despite $393 Million Loss In First Six Months As Public Company

Strive, Inc., the corporate treasury firm founded by Vivek Ramaswamy, reported that it amassed 13,628 bitcoin as of March 17, 2026, placing the company among the top 10 corporate holders globally. 

The accumulation came in the roughly six months following Strive’s September 2025 public listing, even as the company posted a GAAP net loss of $393.6 million for the period ending December 31, 2025.

The bulk of Strive’s bitcoin holdings came from multiple sources. Initial private investment proceeds and stock exchange activity contributed 5,886 bitcoin, while the acquisition of Semler Scientific, Inc. added approximately 5,048 bitcoin, the company said.

Semler Scientific had built its…

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5 Ways The Fed’s Basel III Pivot Unlocks Institutional Bitcoin Custody

Today, the Federal Reserve Board released a proposal to modernize the U.S. capital framework that could fundamentally alter the cost and accessibility of institutional Bitcoin services. While the 14-page Board memorandum focuses on the technicalities of the “Basel III Endgame” and “GSIB surcharges,” the most explosive development for corporate treasuries is hidden in the proposed treatment of operational risk.

1. Shattering the “Toxic Asset” Capital Barrier

For years, the primary hurdle for corporations looking to hold Bitcoin through traditional banks has been the “advanced approaches” to capital requirements. These internal, model-based assessments often resulted in…

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Bitcoin Crashes 4%, Loses $70,000: Why Is BTC Going Down?

Bitcoin (CRYPTO: BTC) has tumbled below $70,000 as equities continue to slide lower while oil prices surge.

Bearish Structure Remains

Crypto analyst Benjamin Cowen maintains a cautious outlook, arguing that recent upside is likely a countertrend rally rather than the start of a new bull market.

He pointed to historical patterns where Bitcoin grinds higher during bear phases before breaking down to new lows.

Cowen also highlighted the recurring four-year cycle, noting that in past midterm years, including 2014, 2018 and 2022, early-year lows were not the final bottom.

Bitcoin may still be forming a …

Full story available on Benzinga.com

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BTQ Deploys First Working BIP 360 Implementation On Bitcoin Quantum Testnet

BTQ Technologies has released the first working implementation of Bitcoin Improvement Proposal 360 (BIP 360), marking an early attempt to bring quantum-resistant transaction infrastructure into a live testing environment.

Announced Thursday, the upgrade is now running on the Bitcoin Quantum testnet v0.3.0, a separate blockchain designed to simulate how Bitcoin could function in a post-quantum world. The release moves BIP 360 beyond theory, offering developers, miners, and researchers a place to test quantum-resistant transactions in practice.

BIP 360 introduces a new transaction format known as Pay-to-Merkle-Root (P2MR), which restructures how transaction data is committed on-chain. 

…

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Ripple-Backed Evernorth Files For Nasdaq IPO With $1 Billion XRP Treasury

The $1 Billion XRP Bet

Evernorth raised over $1 billion in gross proceeds to create what will be the largest public XRP treasury company. 

Ripple Labs contributed over 126 million XRP tokens in a private placement at a signing price of $2.36609, while Advance Funding Subscribers committed $214.05 million in cash plus 600,000 XRP tokens.

Evernorth already holds 388 million XRP tokens purchased at an average price of $2.44, making it the largest institutional XRP holder. 

Institutional and strategic investors include Arrington Capital, Ripple, SBI Holdings, Pantera Capital, and Kraken.

“We believe global finance is entering a new era with digital assets playing a larger role in how capital…

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Bitcoin Price Falls Below $70,000 On Oil Spike, Fed Hold

Bitcoin price fell below the $70,000 level on Thursday, pressured by a surge in energy prices and a steady stance from the Federal Reserve that reinforced a stronger dollar and dampened appetite for risk assets.

The largest cryptocurrency traded near $69,500, extending losses from the prior session as crude oil markets spiked amid escalating conflict in the Middle East. Brent crude climbed above $114 per barrel, while Oman crude surged as high as $150, reflecting fears of supply disruptions after attacks on key energy infrastructure tied to tensions between Iran and Israel.

The macro shock rippled across markets. European natural gas futures jumped sharply, while Nasdaq-100 equity…

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