ASST Stock Rises 3% as Strive Boosts Bitcoin Holdings to 25,000 BTC

Key InsightsStrive bought another 469 BTC for $36.6 million, taking its Bitcoin holdings to 25,000 BTC and lifting ASST stock about 3%.SATA, whose notional outstanding has surpassed $1 billion, funded the purchase entirely, while Strive raised its amplification ratio to 53.5%.BitcoinTreasuries.NET ranks Strive No. 5 among public Bitcoin holders, saying its 25,000 BTC stash exceeds that of 97.5% of public companies.  Strive (ASST) announced on Sept. 14, 2026, that it had acquired another 469 Bitcoin, spending $36.6 million at an average price of $77,954.  According to the companys SEC filings, Strive paid about $79,281 per coin in its prior 1,375 BTC purchase, which raised its total holdings to 24,531 BTC.  The new purchase pushes that figure to roughly 25,000 BTC. The CEO confirmed the buy was financed entirely by Strives perpetual preferred stock (SATA).  Strive Funding via SATA Preferred Stock  Strive said that 100% of the $36.6 million came from proceeds of SATA sales, highlighting strong investor demand for the crypto-backed security.  Sales of SATA stock supplied about 70% of the capital for last week‘s $109 million bitcoin buy. SATA’s notional outstanding has now approached $1 billion, meaning the company can raise large sums with minimal dilution (SATA trades at its $100 par).  Strive (ASST) Buys Bitcoin

09-15Industry

Bitcoin ETFs just lost $463 million as the Fed puts BTC at risk of losing $75,000

US spot Bitcoin exchange-traded funds (ETFs) posted $462.7 million in weekly outflows, ending a three-week stretch of heavy investor demand.  Related Asset Bitcoin #1 BTC · $77,783.90 24-hour change: up 1.46% Loading price history… 24H Up 1.46% 7D Down 2.01% 30D Up 23.61%  The funds recorded withdrawals across all four trading sessions in the holiday-shortened week, marking their first weekly loss since mid-August.  SoSoValue data showed net withdrawals of $46.7 million Tuesday, the first trading day after the Labor Day holiday. Outflows accelerated to $120.2 million Wednesday and $282.6 million Thursday before easing to $13.3 million Friday.  The reversal remains modest compared with the preceding demand. Investors poured roughly $3.8 billion into the products over the previous three weeks as Bitcoin rallied briefly above $80,000, giving the cryptocurrency a steady source of buying during its August breakout.  That support has now stalled as the macro backdrop grows more difficult.  Ecoinometrics, a Bitcoin-focused research platform, said the run of negative sessions remains too short to establish a lasting reversal in ETF demand. But an extended streak would make it increasingly difficult for Bitcoin to hold above $75,000.  Bitcoin ETF Outflows (Source: Ecoinometrics)  The concern is less about $462.7 million leaving the funds in isolation than what happens if the

09-14Industry

South Korea investors seek two-year crypto tax delay

South Korean investors have secured the 50,000 signatures needed to send a petition seeking another crypto tax delay to the National Assembly for legislative review.  Summary50,000 signatures have triggered National Assembly review of a petition seeking another crypto tax delay.South Korea currently plans to tax qualifying crypto gains at 22% from January 2027 nationwide.Annual digital asset gains above 2.5 million won will fall within the planned tax regime.Tax authorities plan detailed standards this year before income becomes taxable on January first 2027.The petitions committee referral does not automatically amend the law or postpone its effective date.  The National Assemblys public petition calls for the scheduled Jan. 1, 2027, start date to be postponed by two years, while finance officials say preparations for the tax remain underway.  South Korea plans to tax annual income from transferring or lending digital assets at a 20% national rate. A 2% local income tax raises the combined burden to 22%. Each resident receives an annual basic deduction of 2.5 million won, currently worth approximately $1,850.  You might also like:  South Korea CBDC plan draws warning over privacy risks  The petition crossing the signature threshold requires the National Assembly to refer it to the relevant standing committee. Referral does not change the

09-14Industry

Pixelmon shuts down game development after inconclusive publisher test

Pixelmon has ended all game development and cut its gaming team after a three-week publisher-led test failed to produce results strong enough to secure a long-term commercial offer.  SummaryPixelmon has ended all game development after a three week test by external publishers produced inconclusive results and failed to secure a long term offer.The publishers asked Pixelmon to polish its games and run another test, but management decided against continuing after more than two years of similar results.Members of the gaming team have received notice, severance and other applicable benefits, with the games set to be taken offline and their systems dismantled.A smaller group of senior and multidisciplinary staff will remain to explore non gaming business models, with further details expected at Thursdays town hall.Pixelmon said refunds are not an option because of its corporate and shareholder structure, and the remaining funds will be used to pursue a viable business model or the company will close.  Pixelmon said in an announcement on its official Discord that external publishers had spent their own marketing budgets on its games over the past three weeks, using their tools to study player acquisition and retention. The publishers did not reject the games outright, but the results were

09-14Industry

UK FCA considers bespoke rules and fund exemptions for tokenized gold: FT

The United Kingdoms Financial Conduct Authority (FCA) is reportedly considering whether tokenized gold products should be exempt from some fund rules as part of a broader push to expand tokenization in wholesale markets.  According to a Financial Times report, the FCA is expected to say later on Monday that it is exploring a bespoke regime for tokenized gold, or tokenized commodities, alongside the Bank of England and the HM Treasury.  The FCA is expected to say tokenization could make gold easier to divide and transfer across digital markets, potentially allowing more of Londons bullion reserves to be used as collateral in financial transactions.  The FT said unnamed industry participants warned the FCA that uncertainty over whether tokenized gold products fall under the UKs collective investment scheme or alternative investment fund rules could slow development and limit access for some investors.  The FT said the FCA has made no final decision.  The proposals come as UK regulators push to expand tokenization across wholesale markets. The FT said the Bank of England is also considering whether tokenized assets, including stablecoins, could become eligible collateral under its Sterling Monetary Framework.  London remains the worlds dominant over-the-counter gold market, accounting for about 70% of global notional trading volume, according to

09-14Industry

Bitcoin Suisse to Cut Up to Half Its Swiss Jobs in Overseas Shift

In briefBitcoin Suisse plans to relocate up to half its Zug headquarters jobs abroad—as many as 60 positions, mostly back-office and administrative roles—to Bratislava or Vietnam, with the first layoffs taking effect before years end.CEO Andrej Majcen said the shift reflects a strategic pivot toward serving wealthy clients, family offices and institutions with services beyond crypto, backed by new licenses in Liechtenstein, Bermuda and Abu Dhabi.Majcen said the move is cost-driven, not tied to the crypto downturn, and that Zug will remain headquarters with the name unchanged.  Bitcoin Suisse, one of the pioneers of Switzerlands Crypto Valley, is preparing to relocate up to half of the jobs at its Zug headquarters abroad as it pivots from a Swiss crypto specialist into a global wealth manager.  According to an interview with Finews, the company will move as many as 60 positions overseas, with back-office and administrative roles hit hardest. Those functions are set to shift to Bratislava, Slovakia, or to Vietnam, where the firm plans to build out a new location in the coming years.  Myriad: Bitcoins next move? Click to make your prediction.  Bitcoin Suisse employees were briefed at a town hall Friday morning, and the exact number of cuts will be finalized after

09-14Industry

XRP Ledger records 3,254 transactions in one ledger

The XRP Ledger has processed 3,254 transactions in one ledger, setting a reported single-ledger record on Sept. 14.  Validator operator Vet reported the figure after reviewing the ledger and said most entries were one-drop XRP payments. He described the activity as a possible throughput test, although the senders purpose has not been confirmed.  A drop is one-millionth of one XRP, making it the smallest unit recorded by the network. The high transaction count therefore represented many small transfers, not an unusually large amount of XRP moving between accounts.  The ledger index and initiating account were not identified in Vets public post. Without those details, the record claim relies on his analysis and cannot be compared through the post alone with every earlier ledger in XRPL history.  Tiny XRP payments dominated the record ledger  Most of the 3,254 transactions were simple payments carrying one drop of XRP, according to Vet. Simple native-asset transfers require less processing work than transactions involving decentralized exchange orders, NFTs or cross-currency payment paths.  “I dont know why this person is doing these transactions, but it looks like throughput testing, probably,” Vet said. The description remains speculative because the account owner has not publicly explained the activity.  3254 transactions in a single block a

09-14Industry

Trump concession sends CLARITY Act odds above 32% before make-or-break Senate vote

The CLARITY Act‘s chances of becoming law climbed above 32% as Senate Republicans unveiled their final compromise before Tuesday’s cloture vote.  Related Law CLARITY Act: US Digital Asset Market Structure United States · Passed  Polymarket traders pushed the probability of the landmark crypto market-structure legislation being enacted in 2026 to its highest level since Aug. 2 after Republicans released a 635-page final draft designed to resolve several disputes that have held up the bill.  The move marks a turnaround from weeks of skepticism surrounding the legislation, though prediction-market pricing remains well below levels seen earlier this year. The contract reached about 82% in February before political disputes over ethics, stablecoin rewards and decentralized-finance protections complicated its path through the Senate.  Related Company Polymarket Decentralized prediction market platform  Tuesday provides the next test. Senators are scheduled to vote on cloture on the motion to proceed with H.R. 3633, a procedural step that would require 60 votes and allow the chamber to begin considering the legislation. If cloture is invoked, the final text would then be offered as a substitute amendment.  Republicans said the latest version incorporates 126 substantive changes Democrats requested after more than a year of negotiations. The revisions touch some of the bills most contentious

09-14Industry

Hong Kong man loses HK$13 million in fake crypto investment app scam

A Hong Kong man in his 70s has lost more than HK$13 million ($1.67 million) after a self-described cryptocurrency investment expert contacted him through WhatsApp and directed him to a fake trading app.  Hong Kong police said the case was among more than 40 investment scams recently reported to authorities, with victims losing a combined total exceeding HK$50 million.  The latest case began when the elderly man received an unsolicited WhatsApp message from someone claiming to be a cryptocurrency investment expert from Singapore. The person introduced him to what was presented as a crypto platform offering favorable exchange rates, low fees and withdrawals at any time.  Following the instructions he received, the man opened a cryptocurrency wallet and purchased Tether (USDT) and Ethereum (ETH). He was then told to download an investment application supplied by the scammer and transfer the cryptocurrency to designated wallet addresses as investment capital.  Fake crypto investment app showed profits before withdrawals failed  Once the funds had been transferred, the fraudulent application displayed what appeared to be continuing investment profits, according to police.  Seeing his account balance rise inside the app, the victim became less suspicious and continued sending more cryptocurrency to the wallets provided by the scammer. The fraud only became

09-14Industry

Trump’s Rare Compromise! The 60-Vote Survival Threshold: Can the CLARITY Act Survive Its “Hell-Level” Gauntlet?

If U.S. crypto regulation were a massive multiplayer online role-playing game, September 15 would be the day when every crypto player faces an extremely critical “pre-Boss battle.”  The protagonist of this battle is the CLARITY Act (Digital Asset Market Clarity Act), a bill that has the entire crypto industry on edge.  At 2:15 p.m. ET on September 15 (Tuesday) — 2:15 a.m. Beijing Time on September 16 — the U.S. Senate will hold a procedural vote. This is not the final showdown for the bill, but rather a life-or-death battle for the “entry ticket” to the next stage.  The voting result will usually be announced fairly quickly after the vote, although formal confirmation may take several hours.  So, where does the drama stand right now? Lets strip away the dry legal language and look at this crypto “Game of Thrones” from the simplest possible perspective.Act One: A Shocking Twist! Trumps “Compromise”  Just before the vote, the plot reached a dramatic climax.  Trump, who had previously opposed the ethics provisions, suddenly “voluntarily agreed” to some of the strictest ethical restrictions ever proposed — including requirements for relevant individuals to sell “substantial” crypto interests or place them into blind trusts, while even allowing state attorneys general to participate

09-14Deep Dive
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