MicroStrategy Expands Bitcoin Holdings: 3,273 BTC Added
MicroStrategy has further increased its Bitcoin treasury by acquiring an additional 3,273 BTC for $255 million, funded through the sale of 1,451,601 shares of MSTR common stock. The average purchase price stands at $77,906 per Bitcoin. With this latest addition, MicroStrategy now holds a total of 818,334 BTC, cementing its position as the largest corporate Bitcoin holder. The move signals continued confidence in Bitcoin as a long-term asset, and market participants are watching for further accumulation strategies.
Western Union to Debut USDPT Stablecoin on Solana in May
Global money transfer giant Western Union has announced it will launch a Solana-based stablecoin called USDPT in May, according to CEO Devin McGranahan. The stablecoin will be issued by Anchorage Digital Bank and custodied by U.S. Bank. Initially, USDPT will replace the SWIFT network for instant settlements across Western Union's global infrastructure, dramatically accelerating cross-border payments. Future plans include expanding access to consumer users and rolling out a “Stable Card” payment product. This move underscores traditional finance’s accelerating embrace of blockchain technology.
Coinbase Q1 2026 Earnings Preview: Revenue Expected Above $1.56B
Crypto exchange Coinbase is scheduled to report its first-quarter 2026 earnings on May 7. Market consensus estimates revenue in the range of $1.56 billion to $1.58 billion, with earnings per share (EPS) of $0.29. Earlier, the company guided subscription and services revenue between $550 million and $630 million for the quarter. As crypto markets regain momentum, Coinbase’s results will serve as a key barometer for the industry, with investors closely watching trading volume and user growth metrics.