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CryptoQuant CEO Ki Young Ju believes Bitcoin is nearing the end of its bull cycle and the next 6-12 months will see a bearish or sideways price trend.

(Bloomberg) -- Strategy plans to sell $500 million of dollar-denominated perpetual preferred stock. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsThe enterprise software company, formerly known as MicroStrategy, intends to use proceeds for general cor

In a regulatory filing, the company states: “On March 17, 2025 MicroStrategy (MSTR) Incorporated d/b/a Strategy announced that, during the period between March 10, 2025 and March 16, 2025, the Company did not sell any shares of class A common stock under its at-the-market offering program for its Common Stock. On March 17, 2025, the Company announced that, during the period between March 10, 2025 and March 16, 2025, the Company acquired approximately 130 bitcoins for approximately $10.7 million

Market participants anticipate heightened activity, influenced by global economic trends.

The product is designed for long term holders of bitcoin who might be looking for a loan to buy or upgrade a property, or buy a new car, Xapo said.

The Series A investment was led by venture capital giant a16z's crypto arm, following a $6 million seed round in 2022.

Tokyo-based investment firm Metaplanet has significantly increased its crypto portfolio, disclosing the acquisition of an additional 150 Bitcoin (BTC) for approximately $12.5 million.