Morning Minute: Strategy's $1.58B Buy Pushes Bitcoin to $75k

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===h&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(no)),notifLabel:document.querySelector(".".concat(oo))};t.notifDropdown&&mo(e,t)}))}()}};]]>ADVERTISEMENTTyler WarnerTue, March 17, 2026 at 2:54 PM GMT+1 7 min readMorning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify.GM!Today’s top news:Crypto majors slightly green but retracing after tanker struck; BTC at $73.8kHYPE breaks $40 for first time since Nov 2025, now trading at $41Circle stock doubles over the past month as USDC bests USDT in adjusted volumeKalshi debuts $1B top prize for March Madness perfect bracketOpenSea CEO announces indefinite delay in SEA token, cites market conditionsStrategy disclosed its largest Bitcoin purchase of 2026 on Monday, buying 22,337 BTC for $1.57B between March 9 and March 15 at an average price of $70,194 per coin.The company said the purchase was funded through a mix of capital raised from its common stock ATM and its STRC preferred shares, with STRC accounting for a whopping $1.18B (75%).As of March 15, Strategy held 761,068 BTC acquired for about $57.61 billion at an average cost basis of $75,696 per Bitcoin.Strategy Makes Biggest Bitcoin Buy Yet in 2026 as Preferred Share Demand SurgesBitcoin rallied to $75,500+ in late night trading Monday before reversing this morning, now back at $73.9k.On the Ethereum side, Tom Lee’s BitMine also kept buying. The company added 60,999 ETH ($138M) over the past week, bringing its total holdings to about 4.596 million ETH. That puts BitMine at roughly 4% of Ethereum’s circulating supply, extending its lead as the largest ETH treasury firm.ETH jumped as high as $2,360 on Monday in the wake, now at $2,330 this morning.Key Details• Strategy’s latest purchase was its biggest BTC buy of 2026 so far• The purchase was funded ~75% through STRC preferred-share issuance• BitMine added 60,999 ETH in one week and now holds about 4.596M ETHVitalik Buterin said running an Ethereum node should be less like “rocket science,” highlighting a new unified client effort from the Nimbus team aimed at simplifying the process.Vitalik wants the node experience to become far less technical, reducing the configuration and maintenance burden for users who want to participate directly in the network.The comment fits a broader pattern from Buterin over the past several months. He has increasingly been speaking in public not just about Ethereum’s immediate technical roadmap, but about the network’s long-term shape - how it should feel to use, how decentralization should work in practice, their focus on privacy and censorship resistance, and what participation in Ethereum should look like for normal users rather than just power users.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersMU Micron Technology, Inc. 461.73 +0.04 (+0.01%)BTC-USD Bitcoin USD 71,293.06 -3,407.43 (-4.56%)FIG Figma, Inc. 25.26 -2.19 (-7.98%)CVNA Carvana Co. 291.17 -23.57 (-7.49%)RCAT Red Cat Holdings, Inc. 17.00 +0.03 (+0.18%)PortfolioSign in to access your portfolioSign inTop gainersVG Venture Global, Inc. 14.85 +1.88 (+14.50%)RGC Regencell Bioscience Holdings Limited 26.38 +3.41 (+14.85%)ANDG Andersen Group Inc. 28.27 +3.38 (+13.58%)HTFL Heartflow, Inc. 25.47 +2.95 (+13.10%)KC Kingsoft Cloud Holdings Limited 14.78 +1.66 (+12.65%)Top losersSAIL SailPoint, Inc. 12.47 -2.24 (-15.23%)BGSI Boyd Group Services Inc. 140.27 -21.35 (-13.21%)SA Seabridge Gold Inc. 27.01 -3.84 (-12.45%)NG NovaGold Resources Inc. 8.55 -1.19 (-12.22%)RKLB Rocket Lab Corporation 69.48 -9.11 (-11.59%)Most activeNVDA NVIDIA Corporation 180.40 -1.53 (-0.84%)PLUG Plug Power Inc. 2.3200 -0.0100 (-0.43%)ONDS Ondas Inc. 10.83 -0.45 (-3.99%)SOFI SoFi Technologies, Inc. 17.18 -0.19 (-1.09%)AAL American Airlines Group Inc. 10.80 -0.06 (-0.55%)Top economic eventsEarnings eventsMy earnings eventsEarnings events