Strive ($ASST) Plans $150M Follow-On Offering To Buy Bitcoin

Strive announced today that it intends to raise up to $150 million through a follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, known as SATA Stock, subject to market conditions. 

The offering is registered under the Securities Act of 1933 and marks Strive’s latest move to expand its bitcoin holdings while addressing outstanding debt.

Strive plans to use the proceeds from the offering, along with cash on hand and potentially funds from terminating certain derivative contracts tied to convertible debt, to repurchase or redeem all or a portion of the 4.25% Convertible Senior Notes due 2030 issued by its subsidiary Semler Scientific, Inc. 

These…

Read more on BitcoinMagazine

Bitcoin Price Surges To $90,000 After Trump Delays Tariffs

The bitcoin price experienced several intraday spikes on Wednesday, swinging by several thousand dollars as traders reacted to shifting geopolitical headlines and fresh comments from U.S. President Donald Trump.

The world’s largest cryptocurrency started the day near $88,000 before surging above $90,000 in early trading. The rally proved short-lived, however, with bitcoin sliding back into the upper $87,000 range after markets opened and dipped. Prices then roared higher once again, rebounding toward $90,000 after Trump announced a delay to planned trade tariffs.

Bitcoin price was last trading around $90,000 at the time of writing, having briefly reclaimed the level for the…

Read more on BitcoinMagazine

FTX-Fraudster Caroline Ellison Set For Release From Prison

Caroline Ellison, the former co-CEO of Alameda Research and a central figure in the collapse of cryptocurrency exchange FTX, is expected to be released from federal custody on Wednesday after serving roughly 440 days of a two-year prison sentence, according to data from the U.S. Federal Bureau of Prisons. 

Ellison, 31, is expected to exit from a residential reentry management facility — commonly known as a halfway house — in New York, where she has been held in community confinement since late 2025. 

Her early release came approximately ten months ahead of her original projected term and reflects credit for cooperation with prosecutors and good conduct while… Read more on BitcoinMagazine

Bitcoin Bonuses To Sell Burgers? This Restaurant Company Will Pay You BTC For Each Hour Worked – Biglari Holdings (NYSE:BH)

Steak ‘n Shake has made headlines over the last year for showing support to several communities, including fans of Tesla, the Make America Healthy Again movement under the Trump administration and the cryptocurrency community.

The company, owned by Biglari Holdings Inc (NYSE:BH), previously sponsored of the Bitcoin 2025 Conference. It even launched limited-edition menu items that center on Bitcoin (CRYPTO: BTC) and the blockchain.

The restaurant company is now ready to put its money where its mouth is and pay employees in Bitcoin.

Steak ‘n Shake Paying Employees Bitcoin Bonuses

“Starting March 1, Steak n Shake will give all hourly employees at its company-operated restaurants a Bitcoin…

Read more on Benzinga

Gold, Bitcoin Or The S&P500? Which Asset Polymarket Predicts To Do Best In 2026

Between gold, the S&P 500 and Bitcoin, Polymarket traders give gold a 47% chance of being the best performing asset in 2026, compared to 39% for Bitcoin (CRYPTO: BTC) and 14% for the S&P 500 (NYSE:SPY)

Gold Up 12.6%, Bitcoin Flat Year-To-Date

Gold, as measured by (NYSE:GLD), is up 12.6% year-to-date, jumping from $4,321 per ounce on January 1 to $4,840 on Wednesday after touching $4,887 earlier in the session.

Bitcoin is up just 0.3% over the same period.

Gold surged on geopolitical uncertainty and tariff threats that weakened the dollar and pushed investors toward safe-haven assets.

President Trump’s Greenland demands and tariff rhetoric have triggered a “Sell America” trade that hit…

Read more on Benzinga

Cathie Wood Says Bitcoin Price Is Near The End Of Down Cycle

ARK Invest CEO Cathie Wood said she believes bitcoin is nearing the end of its current down cycle, arguing that the asset’s latest four-year drawdown will likely be the shallowest in its history.

“We’re pretty well through the down cycle here,” Wood said in a CNBC interview, pushing back against fears that bitcoin still faces a prolonged correction. She noted that the most recent bull market was muted by historical standards, which she believes has limited the severity of the current pullback.

“I know there’s a lot of fear about the four-year cycle,” Wood said. “We didn’t have much of an upcycle by bitcoin standards, so we think we’re pretty well through the…

Read more on BitcoinMagazine

Bitcoin Starts Off Weak In 2026, But Global Political Landscape Still Favors ‘Digital Gold’ Narrative – Grayscale Bitcoin Trust (BTC) (ARCA:GBTC)

Bitcoin (CRYPTO: BTC) is off to slow start this year, but the political landscape in the U.S. should keep that “digital gold” narrative in place.  That doesn’t mean the main crypto trade will rise and fall along with gold. Recall last year that gold was a better buy than Bitcoin. But founders in the space think that it will continue to decouple from the tech stocks and be seen as a highly speculative gold alternative with a lot of upside.

“Bitcoin doesn’t respond to politics—it responds to math and in periods of global stress, we see it is clearly decoupling from tech and re-entering the macro conversation, pricing credibility rather than growth stories,” said Travis VanderZanden,…

Read more on Benzinga

Is Bitcoin Entering A Correction Phase? Here’s What The Data Tells Us

Bitcoin (CRYPTO: BTC) falling below the $90,000 level has raised questions over whether the asset is entering a corrective phase, even as on-chain data shows a significant ownership shift.

Bitcoin Correction And Macro Pressure

According to CryptoQuant, renewed tariff policies under President Trump since 2025 have increased macro uncertainty, reduced risk appetite, and added downside pressure on Bitcoin.

During periods of trade tension and tariff escalation, Bitcoin has traded in line with equities, reinforcing its status as a macro-sensitive risk asset rather than a defensive hedge.

Investors have tended to sell Bitcoin in the short term to reduce portfolio risk amid growth and rate…

Read more on Benzinga

Delaware Life Launches Index Annuity With Bitcoin Exposure

Delaware Life Insurance Company has become the first U.S. insurance carrier to offer a fixed index annuity (FIA) linked to a cryptocurrency-focused index, the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index. 

The move allows retirement investors to gain indirect exposure to Bitcoin while retaining principal protection, a hallmark of traditional annuity products.

The newly launched index blends 74% exposure to the iShares Core S&P 500 ETF with 25% exposure to the iShares Bitcoin Trust ETF (IBIT) and a 1% cash allocation. It is designed with a 12% target volatility, using dynamic cash adjustments to moderate BTC’s price swings.

“This launch builds around the…

Read more on BitcoinMagazine

Banks Push Back Against Yield-Bearing Stablecoins—Why Regulators Are Paying Attention Now – Bank of America (NYSE:BAC), Coinbase Global (NASDAQ:COIN)

Yield-bearing stablecoins are drawing attention from U.S. banks and regulators as the gap between bank deposits and digital cash products narrows. These tokens began as tools for trading and settlement inside crypto markets. Some now offer returns, placing them closer to instruments long associated with the banking system.

That shift carries weight for investors. Regulatory treatment of yield-bearing stablecoins can shape capital movement, influence DeFi liquidity design, and affect which platforms gain access to deeper pools of funding.

Why Yield-bearing Stablecoins Are Under Pressure

Pressure has grown as banks warn that interest-paying digital dollars may compete with deposits at scale….

Read more on Benzinga