crypto

Yaël Bizouati-Kennedy2/7/25

The list of corporate bitcoin stockpilers continues to grow

It was a busy news week for bitcoin — though the price didn’t budge much, hovering in the $97,000 range for most of the week.

There was the announcement of the planned first-ever bitcoin ETF by a US president, and the macro (and very orange) rebranding of MicroStrategy to Strategy, which remains the largest corporate bitcoin holder by far. Soon after came the company’s earnings release and its aggressive bitcoin plans for 2025. And let’s not forget Trump’s “crypto czar” David Sacks’ first and much-anticipated (but fairly tepid) press conference.

Companies with bitcoin reserves also kept busy continuing to build their stockpiles. We added two new bitcoin stockpilers to our ongoing list:

Semler Scientific said it bought 871 bitcoin for $88.5 million between January 11 and February 3 “with proceeds generated from its January 2025 senior convertible notes offering and monetization of a portion of its minority investment in Monarch Medical Technologies.”
BitFuFu, a bitcoin mining company, released its January operations update, noting that as of January 31, it held 1,742 bitcoins. “No additional BTC were acquired on the secondary market in January 2025,” according to the press release.

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crypto

Sage D. Young14h

XRP spot ETFs on pace to record first-ever weekly outflow

Spot XRP ETFs are on track to notch a weekly outflow for the first time since their inception in November 2025. The week’s flows turned negative on Tuesday when the investment vehicles saw over $53 million leave the funds.

Prior to this week, spot XRP ETFs had averaged $127.5 million in weekly inflows, a figure lifted by the fund’s first day of trading, which had $243 million worth of inflows, according to SoSoValue.

The funds’ ongoing pace comes as XRP has shed nearly 20% from its 2026 high of $2.39 to trade at a lower price than when the ETFs launched.

XRP is in “Extreme Fear” territory, per social data from blockchain analytics firm Santiment. “Small retail traders have become pessimistic toward the #5 market cap cryptocurrency after a -19% drop since the high back on January 5th,” Santiment wrote. The firm told Sherwood News, “If we reach levels of bearishness that we were seeing back on November 20-21, 2025, it would be an indication that a major bounce is likely.”

Yaël Bizouati-Kennedy

GameStop moved half its bitcoin, triggering rumors it will dump the asset

“Institutions generally keep their long-term holdings in cold storage... You typically only move funds to Prime if you’re planning to trade or execute a sale.”

Gamestop Retailer Store In Cologne

BlackRock singles out ethereum as “beneficiary of growth”

In the next era of tokenization, ethereum is poised to dominate the market. It currently commands over 65% of tokenized assets across blockchain networks.

Giant Satellite Dish in Winter

crypto

Sage D. Young1/20/26

Ethereum gives up its 2026 gains

As the overall market goes risk-off amid geopolitical tensions, ethereum has decreased 7% in the last 24 hours and is basically flat for 2026.

The cryptocurrency is hovering just below $3,000, a more than 10% pullback from this year’s high of around $3,350. The recent drawdown is the sharpest in the last 24 hours among its peers. Over the same period, bitcoin is down 3.6%, XRP dipped 5.2%, solana slumped 5.6%, and dogecoin tumbled 4%.

Meanwhile, leading ethereum treasury firm BitMine Immersion Technologies, which recently announced a $200 million investment into Beast Industries, acquired an additional 35,268 ethereum tokens worth $108 million last week, bringing its total to 4.2 million tokens worth nearly $12.7 billion at current prices.

The firm also allocated 581,920 tokens for staking, ethereum’s security mechanism. Participation has been on the rise, and the entry queue to start staking is multiple times longer than the exit line.

Yaël Bizouati-Kennedy

Bitcoin, one year after Trump’s second inauguration

“If 2025 has taught us anything, it’s that apparently political favor is rarely a guarantee of future returns.”

People walk past an advertisement feature Donald Trump with...

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