crypto

Yaël Bizouati-Kennedy4/4/25

Tariff turmoil doesn’t deter corporate bitcoin buys

Liberation Day (or as some have dubbed it, Obliteration Day) wreaked havoc on crypto-adjacent stocks. In comparison to the S&P 500, bitcoin’s price is steady, hovering around $82,000 this Friday morning, about where it was at this time last Friday.

As Strategy CEO Michael Saylor put it, “There are no tariffs on Bitcoin.”

Tariffs didn’t seem to deter companies from adding to their bitcoin reserves. Some like Metaplanet even doubled down, buying 690 bitcoin earlier in the week, and then another 160 bitcoin later. The Japanese company now holds 4,206 bitcoin.

Yesterday, MARA Holdings announced it increased its bitcoin holdings to 47,531 in March, producing 829 bitcoin, a 17% increase from February.

Riot Platforms said it produced 533 bitcoin in March, bringing its reserve to 19,223 bitcoin.

Monday, Strategy said that it bought 22,048 bitcoin for $1.9 billion, bringing its total stash to 528,185.

A new addition to our watchlist, Chinese bitcoin mining company Cango increased its bitcoin reserve, producing 530 bitcoin in March. It now holds 2,475 bitcoin.

More Crypto

DeFi players scramble to plug bad debt from KelpDAO exploit

Industry heavyweights such as Lido, EtherFi, and Mantle have proposed substantial amounts of ethereum to backstop Aave, the largest lending protocol.

Electric socket

Yaël Bizouati-Kennedy

Bitcoin ETFs take in more than $2 billion in 8 days

The path to $80,000 is clear in the short term, according to one analyst.

A Bitcoin ATM in Hong Kong...

Yaël Bizouati-Kennedy

dead-cat bounce?

Bitcoin faces $80,000 resistance level

“Out of the woods short-term? No. Bitcoin crossing $78K is a bounce, not a bottom,” according to Zaid Khan.

Walking The Divide: Nicosia, The World's Last Divided Capital

crypto

Sage D. Young4/22/26

Justin Sun sues Trump-backed World Liberty over frozen tokens

Crypto billionaire Justin Sun, owner of the world’s most expensive banana, was named an adviser to World Liberty Financial the day after investing $30 million in the project. (He’d later boost that with $45 million more.) Sun has long been a supporter of President Trump, and has not once, but twice topped a competition to amass the most $TRUMP coins. But it seems even for Sun, the gold has turned brass.

Sun announced on social media that he’s filed a lawsuit in a California federal court against the crypto project backed by Trump.

The lawsuit alleges World Liberty engaged in an “illegal scheme to seize property” and “positioned itself as the new boogeyman” by stripping Sun of his governance rights, threatening to burn his WLFI tokens, and freezing his stash, which at times were worth $1 billion, according to the complaint dated on Tuesday.

“I have tried in good faith to resolve this situation with the World Liberty project team without resorting to litigation,” Sun wrote in a lengthy X post on Tuesday night. “But the project team has refused my requests to unfreeze my tokens and restore my rights as a token holder. They have left me with no choice but to turn to the courts.”

The complaint also alleged that World Liberty appears to be in financial trouble, citing concerns over whether the project can repay an on-chain loan that was collateralized by using, at the time, $5 billion worth of WLFI. The token reached an all-time low less than two weeks ago.

Despite the escalation with World Liberty, Sun said the lawsuit does not change his feelings about Trump or his administration. “I have always been — and remain — an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly,” he said.

Blockchain billionaire Sun takes Trump family’s crypto firm to court

Blockchain billionaire Sun takes Trump family’s crypto firm to court

The lawsuit alleges World Liberty engaged in an “illegal scheme to seize property” and “positioned itself as the new boogeyman” by stripping Sun of his governance rights, threatening to burn his WLFI tokens, and freezing his stash, which at times were worth $1 billion, according to the complaint dated on Tuesday.

“I have tried in good faith to resolve this situation with the World Liberty project team without resorting to litigation,” Sun wrote in a lengthy X post on Tuesday night. “But the project team has refused my requests to unfreeze my tokens and restore my rights as a token holder. They have left me with no choice but to turn to the courts.”

The complaint also alleged that World Liberty appears to be in financial trouble, citing concerns over whether the project can repay an on-chain loan that was collateralized by using, at the time, $5 billion worth of WLFI. The token reached an all-time low less than two weeks ago.

Despite the escalation with World Liberty, Sun said the lawsuit does not change his feelings about Trump or his administration. “I have always been — and remain — an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly,” he said.

Yaël Bizouati-Kennedy

Analyst: “We are now clearly in a bull market phase” as bitcoin hits highest level since February

So far this month, bitcoin is up nearly 15%, surpassing April’s historical average.

A member of idol group Kasotsuka Shojo (Virtual Currency Girls) wearing a bitcoin mask

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.

©2026 Sherwood Media, LLC