Bitplanet Hits 300 Bitcoin, Joining Asia’s Top 20 Holders

Bitplanet Inc. has accumulated 300 BTC through a structured purchase program, positioning the South Korea-listed company among the top 20 corporate Bitcoin holders in Asia.

The company, backed by Sora Ventures, began building its BTC treasury in the fourth quarter of 2025. Its most recent purchases were carried out in phases between Feb. 23 and Feb. 26 via Upbit, one of South Korea’s largest cryptocurrency exchanges. 

The BTC will be held with a professional custody provider, the company told Bitcoin Magazine.

Chief Executive Paul Lee said Bitplanet is focused on more than balance sheet exposure. “We are not simply accumulating Bitcoin,” Lee said in a statement. He…

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Bitcoin Holds Support While Ethereum, XRP, Dogecoin Slide On Friday

Bitcoin is maintaining support around the $65,000 level amid strong institutional interest heading into the weekend.

Notable Statistics:

Coinglass data shows 96,079 traders were liquidated in the past 24 hours for $259.25 million.

SoSoValue data shows net inflows of $254.5 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $6.6 million.

In the past 24 hours, top losers include pippin, Kite and Zcash.

Notable Developments:

Trader Notes: Trader IncomeSharks noted that Bitcoin remains stuck in the so-called “Box of Despair,” with expectations for a slow, grinding move higher in March. However, a true breakout may not come until May or June.

Swing trader…

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‘Almost Zero Legal Use Cases’—Former Biden Advisor Calls Crypto ‘Pretty Good For Scammers’

Former Biden Council of Economic Advisors Chair Jared Bernstein called crypto an asset with “almost zero legal use cases” that’s “pretty good for scammers,” arguing even Donald Trump’s pro-crypto stance can’t stop Bitcoin’s (CRYPTO: BTC) 40% decline.

The ‘Almost Zero Legal Use Cases’ Argument

Bernstein argued the “early stage excuse is probably past its sell-by date” for crypto’s volatility. 

He claimed the asset hid behind complaints about regulatory regimes that diminished its value until the Trump administration embraced the industry.

“The crypto bros pretty much purchased the best Congress and president they could ask for,” Bernstein said. “The sheen…

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Bitcoin Miner MARA Pivots To AI After $1.7 Billion Loss As Stock Surges 10% – MARA Holdings (NASDAQ:MARA)

MARA Holdings (NASDAQ:MARA) surged over 10% after announcing a joint venture with Starwood Digital Ventures to pivot mining sites toward AI infrastructure, despite reporting a $1.7 billion Q4 loss driven by Bitcoin (CRYPTO: BTC) writedowns.

MARA Reports $1.7 Billion Q4 Loss

The company reported a Q4 net loss of $1.7 billion compared to net income of $528.3 million a year earlier. 

A $1.5 billion decline in the fair value of Bitcoin holdings wiped out operating gains as BTC dropped from $114,068 at the end of Q3 to $87,498 by December 31.

Revenue fell 6% to $202.3 million from $214.4 million in Q4 2024, driven by a 14% drop in the average price of Bitcoin mined during the quarter. 

Full-year…

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The AI Race Behind Crypto’s Next Bull Run

For most of its history, crypto has moved in cycles driven by speculation, liquidity, and macro sentiment. Each rally has exposed familiar weaknesses: fraud, unstable platforms, and weak risk controls. The next bull run may look different. This time, the quiet driver may not be a new token narrative but artificial intelligence reshaping how crypto manages trust, regulation, and market risk.

AI is increasingly being used as an infrastructure layer rather than a marketing label. Instead of promising higher returns, it is applied to monitoring activity, controlling automated decisions, and helping users move more safely between payments, savings, and trading. That shift could matter more for…

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U.S. Government Seizes Over $580 Million In Crypto

U.S. Attorney Jeanine Ferris Pirro said federal authorities have frozen and seized more than $580 million in cryptocurrency tied to Southeast Asian scam networks, marking a major escalation in the government’s campaign against cross-border crypto fraud.

The funds were restrained through the Justice Department’s Scam Center Strike Force, a task force formed in November to target cryptocurrency investment and confidence schemes linked to Chinese transnational criminal organizations. 

Officials said the groups use social media platforms and text messaging to target U.S. victims and siphon billions of dollars each year. Recent estimates place annual losses to Americans near $10…

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Bitcoin In A Bear Market: When And Where Will It Bottom?

Bitcoin (CRYPTO: BTC) has fallen about 26% over the past month, yet on-chain data show a steady rise in large wallet holders, a pattern historically associated with accumulation phases.

Large Wallets Near Record Levels

Bitcoin is approaching 20,000 wallets holding at least 100 BTC, equivalent to roughly $6.78 million per wallet at current prices, Santiment data shows.

These addresses are typically linked to high-net-worth individuals, funds, long-term holders or institutions.

The increase in 100+ BTC wallets during a price decline is generally considered a bullish signal, suggesting larger players are accumulating as retail participants distribute.

However, the overall percentage of supply…

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Block Stock (XYZ): Wood, Coleman Up Stakes Amid Layoffs – Block (NYSE:XYZ)

Billionaire investors had already built exposure. The cost curve is now being rewritten. Shares of Block Inc (NYSE:XYZ) surged roughly 20% premarket after CEO Jack Dorsey announced the company will cut nearly 4,000 employees — about 40% of its workforce — to become “more compact, flat, and AI-focused.”

The stock, currently up over 17% and trading at around $63.90 per share, entered the week down double digits year to date. Then Dorsey rewrote the operating model.

Billionaires Were Already Buying

In the fourth quarter, ARK Investment Management, led by Cathie Wood, increased its Block stake by more than 26%, owning roughly 3.4 million shares.

Tiger Global Management, run by Chase Coleman,…

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MARA Stock Jumps After $1.71B Loss, Firm Pivots To AI

Shares of MARA Holdings climbed 13% in premarket trading Friday, even after the Bitcoin miner reported a $1.71 billion net loss for the fourth quarter, as investors focused on the company’s shift toward artificial intelligence and high-performance computing.

The company posted a net loss of $1.71 billion for Q4 2025, compared with net income of $528.3 million during the same period a year earlier. Revenue for the quarter fell 6% to $202.3 million, according to a filing with the Securities and Exchange Commission, as lower Bitcoin prices offset gains from higher network hash rate.

The largest driver of the quarterly loss was a $1.5 billion negative revaluation of digital assets…

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Ethereum Slides 35% In A Month, But LinkedIn Co-Founder Reid Hoffman Stays Long

Ethereum (CRYPTO: ETH) has fallen roughly 35% over the past month, yet strong on-chain activity and high-profile holders speak to some bullish sentiment remaining..

CryptocurrencyTickerPriceMarket Cap7-Day TrendEthereum(CRYPTO: ETH)$1,960.50$236.7 billion+0.9%Bitcoin(CRYPTO: BTC)$66,115.02$1.32 trillion-1.5%XRP(CRYPTO: XRP)$1.37$84 billion-1.6%

Trader Notes: Altcoin Sherpa said Ethereum could be forming a bottom if selling pressure continues to ease and network activity remains firm.

Historically, Bitcoin tends to lead early in a cycle, with Ethereum outperforming once capital rotates into altcoins.

He added that a sustained risk-on environment and Bitcoin stabilization would be key…

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