Riot Platforms (RIOT) Sells 3,778 Bitcoin In Q1

Riot Platforms sold 3,778 bitcoin in the first quarter of 2026, generating $289.5 million and marking a shift in strategy as the miner redirects capital toward infrastructure and high-performance computing.

The volume sold exceeded the company’s quarterly production of 1,473 BTC by roughly 2.6 times, signaling a drawdown of treasury holdings rather than routine profit-taking. Riot ended the quarter with 15,680 BTC, down 18% from 18,005 BTC at the close of 2025.

The selling appears to have extended beyond the reporting period. Blockchain analytics firm Arkham Intelligence flagged a 500 BTC outflow from a wallet linked to Riot following the end of the quarter, suggesting…

Read more on BitcoinMagazine

How A Crypto Journalist Fell For A Sophisticated North Korean Phishing Attack: ‘Giving Me Scam Vibes’

In a recent alarming incident, a journalist became the victim of a sophisticated phishing attack, believed to be orchestrated by North Korean hackers.

The journalist was lured into a Zoom call with a supposed Bitcoin strategist, Adam Swick. He knew that Swick was considering a new digital asset treasury with a potential large seed investor. Despite doubts about the venture, the journalist agreed to a call via a Zoom link shared on Telegram.

The Zoom link provided redirected to a program that closely mimicked the actual Zoom interface, with minor differences and audio glitches. To rectify these issues, the journalist was asked to download an update, which turned out to be a harmful file.

Benzinga

The Bitcoin Treasury Model With A Built-In Valuation Floor

There is a version of the Bitcoin treasury conversation that has become almost routine at this point. Bitcoin is hard money. Fiat debases. Companies that hold Bitcoin on their balance sheet are making a rational long-term decision. All of this is true, and none of it is the interesting question anymore.

The interesting question is structural. Not should a company hold Bitcoin, but what kind of company should hold it, and what that choice implies for how the company performs across a full market cycle, not just a favorable one.

Three models have emerged. Each reflects a different level of conviction, a different capital structure, and a different set of tradeoffs.

The… Read more on BitcoinMagazine

MSTR Stock May Bottom After ‘Final Shakeout’ Toward $90-$100, Says Analyst: ‘…A Buy Signal’ – Strategy

Leading technical analyst Ali Martinez identified on Thursday the first “Buy” signal in months for Strategy Inc. (NASDAQ:MSTR),” potentially marking an end to its corrective phase.

Is This indicator Reliable?

In an X post, Martinez said that the TD Sequential indicator was “incredibly accurate” in calling MSTR’s local top in July 2025. Since then, the stock has tumbled 74%.

“Now, for the first time in months, we have a Buy Signal on the monthly chart,” Martinez added.

The TD Sequential indicator is a technical analysis tool that helps traders identify potential price reversals and exhaustion patterns.

More Pain Before Big Gains, Predicts Analyst

With Strategy currently…

Read more on Benzinga

Kash Patel To Face The Ax After Pam Bondi Fired By Trump? Prediction Market Says This

Prediction markets are assigning a higher possibility that Federal Bureau of Investigation Director Kash Patel will leave the Trump administration this year.

Patel’s Exit Odds Soar

The odds have grown by 44 percentage points in a month. More than $116,000 has poured into bets on Patel’s position.

Odds of National Intelligence Director Tulsi Gabbard’s exit jumped to 63%, placing her behind Patel.

Similarly, traders on Kalshi assigned a 72% chance to Patel’s exit from the Trump administration, marking a 36 percentage point jump in the last 24 hours.

Trump Loyalist To Be Axed?

The jump in odds comes as reports suggest Patel may be next in line after Attorney General Pam Bondi was ousted.

Benzinga

Elizabeth Warren Says She Has A ‘Question’ For MrBeast: Here’s What She’s Asking

On Thursday, Sen. Elizabeth Warren (D-Mass.) took to X and posted “I have questions for MrBeast,” referring to YouTuber Jimmy Donaldson.

Warren Questions MrBeast’s Move Into Finance

Her post referred to a 12-page letter she sent to MrBeast last month.

In a detailed letter, Warren asked Donaldson and Beast Industries CEO Jeffrey Housenbold to explain the company’s plans following its acquisition of teen-focused fintech app Step.

The lawmaker requested clarity on compliance, marketing practices and safeguards for young users, the New York Times reported.

Crypto Concerns For Teen Users

A key focus of Warren’s inquiry is whether Beast Industries could promote cryptocurrency to minors.

Step…

Read more on Benzinga

Coinbase Receives Conditional Nod To Operate As National Trust Company—CEO Brian Armstrong Says ‘We’re No

Coinbase Global Inc. (NASDAQ:COIN) said Thursday it has secured a conditional approval from the Office of the Comptroller of the Currency to form a federally chartered national trust company.

Crypto Operations Under Federal Oversight

Coinbase emphasized that it is not transitioning into a “commercial bank” and will not be taking retail deposits or engaging in fractional reserve banking.

“This charter is about bringing federal regulatory uniformity to the custody and market infrastructure business we have been building for years,” the company said.

CEO Brian Armstrong reiterated the point, saying that Coinbase is bringing the “infrastructure of crypto” under federal…

Read more on Benzinga

How Real Is The Quantum Threat?

A new panel has officially been announced to take place at Bitcoin 2026 titled “How Real Is The Quantum Threat?” The conversation will bring together five voices at the center of one of the most actively debated technical questions in Bitcoin today, and the lineup reflects the full range of perspectives the topic demands.

The panel features:

Hunter Beast, a senior protocol engineer for the Anduro sidechain platform incubated by MARA, is the co-author of BIP 360, a proposal that establishes a new Bitcoin wallet address type designed to protect the network from quantum computing threats. BIP 360 was merged into the Bitcoin Core BIP repository in February 2026 and was…

Read more on BitcoinMagazine

MARA Conducts Ongoing Layoffs Following $1.1B Bitcoin Sale And Debt Reduction Push

Bitcoin miner MARA Holdings has begun a series of company-wide layoffs affecting multiple departments, according to reporting from Blockspace Media, marking the latest shift in the firm’s broader restructuring strategy.

Sources familiar with the matter said the layoffs have been “ongoing” and executed in a piecemeal fashion, with at least two rounds taking place this week on Wednesday and Thursday. The total number of employees impacted — as well as the percentage of the workforce affected — has not been disclosed, and the company has not publicly commented on the cuts.

The workforce reduction comes just days after MARA completed a major balance sheet restructuring that…

Read more on BitcoinMagazine

Is April The Turning Point Crypto Bulls Have Been Waiting For?

After months of choppy price action and range-bound trading, April is shaping up as a potentially pivotal month for the crypto market. A growing number of analysts believe the conditions are aligning for a breakout, even as near-term risks continue to keep traders cautious.

Why April Is Getting So Much Attention

The bullish case for April rests on a combination of macro, regulatory, and structural factors that are beginning to converge.

First, regulatory clarity in the United States has improved meaningfully compared to previous years. With clearer guidance around crypto custody, exchange operations, and institutional participation, large financial players are no longer sitting entirely on…

Read more on Benzinga