Why BTC Digital Shares Are Dropping After Alberta Energy Project News – BTC Digital (NASDAQ:BTCT)

• BTC Digital stock is feeling bearish pressure. What’s behind BTCT decline?

Project Development and Scope

BTC Digital has entered into an agreement with Aurora Energy Ltd. to develop an off-grid natural gas-powered computing infrastructure project in Alberta, Canada. 

The project’s first phase will develop a 5–10 MW off-grid facility using stranded natural gas for on-site power to support high-performance computing.

The infrastructure will initially serve Bitcoin mining, with plans to expand into AI, data centers and other computing applications.

BTC Digital will contribute mining equipment, operational expertise, and digital infrastructure, while preparing to integrate AI…

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LATEST: Tom Lee’s Bitmine Immersion Acquires 71,252 ETH Raising Holdings to 4.8 Million

Bitmine Immersion Technologies (BMNR), chaired by Tom Lee, announced it acquired an additional 71,252 ETH in the past week. This brought its total Ethereum holdings to 4,803,334 ETH, representing about 3.98% of the total ETH supply.

The company’s combined crypto, cash, and other assets reached $11.4 billion, including roughly $8.64 billion in ETH valued at $2,123 per token, $864 million in cash, 198 Bitcoin, a $200 million stake in Beast Industries, and a $92 million stake in Eightco Holdings. It has staked around 3,334,637 ETH.

Bitcoin Surges 4% On Ceasefire Hopes But This Resistance Stands In The Way

Bitcoin (CRYPTO: BTC) climbed over 4% in 24 hours to nearly $70,000 after a Reuters report suggested a U.S.-Iran ceasefire plan could come into effect Monday, potentially reopening the Strait of Hormuz.

The Ceasefire Catalyst

The ceasefire push is being described as a last-ditch effort to prevent the “massive strikes on Iranian civilian infrastructure” President Trump threatened over the weekend. 

OPEC agreed to increase oil output quotas by 206,000 barrels per day for May, a symbolic effort to relieve energy market stress.

However, recent ceasefire headlines citing unidentified sources have proven unreliable, often being debunked or rejected by Iran. 

If that pattern repeats, markets…

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1 Month of War – A New Safe Haven Is Born?

Is it a good thing that bitcoin ISN’T being held by nation-states?A month in- where are we at?

As last week’s article more thoroughly laid out, we’re currently in the midst of the single-worst energy crisis of not only our lifetimes, but in world history [IEA]. That crisis is coming as the result of a full-blown regional war in the Middle East.

Not knowing anything other than that, one would expect oil (given the fundamentals of the situation) would be expected to be in the $150 area and neutral reserve assets like gold should be strong, the stock market to be down massively and Bitcoin, not-yet widely adopted as a neutral reserve asset, would likely be quite weak given its high beta to…

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Strategy Buys 4,871 Bitcoin For $330M But Sits On $5 Billion In Unrealized Losses – Strategy (NASDAQ:MSTR

The Accumulation Machine

Last week’s purchases were mostly funded through $227.3 million in sales of the company’s STRC preferred stock. The remainder came from $72 million in common stock sales.

A CryptoQuant report flagged Strategy’s 30-day accumulation at roughly 44,000 BTC through late March, making it one of only two institutional channels absorbing supply at scale alongside spot ETFs, which purchased approximately 50,000 BTC over the same period.

At 766,970 BTC, Strategy holds roughly 3.8% of Bitcoin’s total circulating supply of 20.01 million coins and remains by far the largest corporate holder of the asset.

The $5 Billion Underwater Position

Strategy has spent roughly $58.02…

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Bitcoin Price Briefly Tops $70,000 As Donald Trump’s Iran Signals Rattle Markets

Bitcoin price pushed back toward the top of its recent range after a burst of geopolitical headlines tied to Donald Trump and tensions around the Strait of Hormuz.

The Bitcoin price touched $70,271 before easing to about $69,300, extending a move that triggered large liquidations across derivatives markets. Data from Bitcoin Magazine Pro and CoinGlass shows about $255 million in positions were wiped out over a 24-hour period, with short sellers accounting for the bulk of losses.

The move followed a series of conflicting statements from Trump, who threatened strikes on Iranian infrastructure while also signaling that negotiations could produce a deal within a day. In a post on Truth…

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Has Bitcoin Reached A Bottom? Watch These Key Accumulation Zones

Bitcoin’s (CRYPTO: BTC) multi-week consolidation has raised questions about whether the market has already formed a bottom.

One prominent analyst outlines a data-driven framework to identify high-probability accumulation zones ahead of a potential bull cycle.

On-Chain Metrics Signal Strong Support

Crypto chart analyst Ali Martinez pointed to the UTXO Realized Price Distribution (URPD), which shows where Bitcoin last moved on chain.

A large cluster of holders accumulated BTC between $63,111 and $70,685, indicating a strong support zone where investors may defend their positions.

A long-term trendline, in place for nearly a decade, is also being retested in the $56,000 to $60,000 range.

Benzinga

Strategy (MSTR) Buys $330 Million In Bitcoin, Holdings Near 767K BTC

Strategy Inc. (MSTR) expanded its bitcoin holdings in early April, purchasing 4,871 BTC for approximately $329.9 million as the firm continues to double down on its balance-sheet strategy despite significant unrealized losses.

The company disclosed Monday that the purchases were made between April 1 and April 5 at an average price of $67,718 per bitcoin. The latest accumulation brings Strategy’s total holdings to 766,970 BTC, acquired for roughly $58.02 billion at an average cost basis of $75,644 per coin.

At recent prices near $69,500, the firm remains underwater on its aggregate position, reflecting the continued gap between market value and acquisition cost.

To fund…

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XRP Tests $1.35 As Ripple Executives Head To Japan Conference On Institutional Adoption

XRP (CRYPTO: XRP) is up 5% over the past 24 hours as Ripple executives arrived in Japan for the XRP Tokyo 2026 conference on April 7, focusing on institutional adoption, RWA tokenization, and DeFi expansion.

The Japan Conference

XRPL Japan is hosting XRP Tokyo 2026 with several Ripple executives including Christina Chan, Tatsuya Kohrogi, and Markus Infanger set to speak. 

The event also features Securitize Japan’s Eiji Kobayashi, Evernorth’s Meg Nakamura, SBI Ripple Asia’s Takafumi Shimoyama, and A16z Crypto’s SungMo Park.

Japan holds strategic importance for Ripple and XRP through longstanding partnerships with SBI Holdings. 

Ripple CEO Brad Garlinghouse confirmed growing demand…

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Bitcoin Surges Above $69,000, Ethereum, XRP, Dogecoin Jump 4%

Bitcoin is up 4% on Monday, attempting to reclaim $70,000 amid hopes of potential U.S.-Iran ceasefire.

Bitcoin ETFs saw $8.99 million in net inflows on Friday, while Ethereum ETFs reported $71.2 million in net inflows.  

Meme coin market capitalization jumped around 3% over the past 24 hours to $34.2 billion.

Trader Commentary:  

Trader Michael van de Poppe said Bitcoin is showing strong momentum alongside rising volatility, possibly fueled by easing tensions around the Strait of Hormuz. A breakout above $71,000 could confirm a bullish move, with the next major resistance near $80,000.

Trader CryptosBatman noted Ethereum has broken out of an inverse head and shoulders pattern on the…

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