Bitcoin treasury firm Strive raises its SATA preferred dividend to 12.75% and deploys $50M into MicroStrategy's STRC preferred shares. This diversifies its reserve base beyond BTC & cash, despite facing over $470M in unrealized BTC losses.
Kraken confirms Pi Network (PI) listing, trading starts March 13, just before Pi Day. Exchange supply hit a record 451M PI, signaling potential sell pressure. PI saw a brief 2% pop on the news.
ARK Invest & Unchained map quantum risk for Bitcoin across 5 stages, arguing it won't be a sudden "Q-day" event. Current tech is at Stage 0, far from threatening Bitcoin. They estimate Stage 3 (first real risk) is 10-20 years away.
Prime brokers Clear Street & Marex are preparing to give hedge funds access to Kalshi prediction markets. This institutional push comes as open interest hits a record $1.2B, but US lawmakers are simultaneously drafting legislation to regulate (or ban) certain contracts.
Foundry Digital, the world's largest Bitcoin mining pool, is launching an institutional-grade Zcash mining pool in April. This move signals growing institutional interest in privacy coins and follows a $25M funding round for Zcash development.