CoinSpotMarket Update
Strategy's Bitcoin Holdings Hit Record High & Quant (QNT) Jumps 300% on Tokenised Banking Deal
7 mins
12 hours ago
7 mins
12 hours ago
Strategy, the company co-founded by Michael Saylor, bought more Bitcoin (BTC) again, spending $220 million ($143 million USD) to take its total holdings to 847,666 BTC. That is 4% of all the maximum supply of 21 million Bitcoin.
Of note, this purchase more than offset all of the BTC that Strategy sold over the past few months, making the current holdings a new all-time high. The company’s average buy price is now below the current price, something that has not been true for a large part of this year.
Total BTC held by Strategy over time (Source: Bitbo)
Bitcoin exchange-traded funds (ETFs) had their best week in months, pulling in $3.7 billion ($2.4 billion USD) of new money, the largest weekly inflow since October last year. The result was strong enough to flip total Bitcoin ETF inflows for 2026 from negative to positive.
ETFs let everyday people gain exposure to Bitcoin without holding it directly, so demand for these funds can be a useful signal of broader market interest. The jump follows a quieter stretch and a period where Bitcoin's price had been under pressure, which makes the timing notable.
Quant (QNT) rallied by more than 300% after partnering with The Clearing House, a payments network owned by major U.S. banks, earlier in the week. Together, they are working on a project to move tokened deposits, a type of real-world asset (RWA), using blockchain technology instead of legacy systems.
This project is called the On-Chain Money Initiative, an interoperable payments network that will enable financial institutions of all sizes to clear and settle tokenised deposit transactions. It is expected to go live for participating institutions in the first half of 2027.
The Clearing House processes trillions of dollars in payments for the U.S. banking system every year, so a successful project could bring Quant’s blockchain infrastructure into the everyday plumbing of traditional banking. It's another sign that established financial players are working with blockchain technology for efficiency improvements.
Commenting on the announcement was Gilbert Verdian, the founder and CEO of Quant. "Tokenised deposits are now the de facto way banks move money on-chain, and The Clearing House sits at the heart of the U.S. banking system, meaning this partnership sets a standard for the rest of the world to follow. Quant is uniquely positioned to lead this transition.”
Banking giant Goldman Sachs has made its $162 billion ($105 billion USD) money market fund accessible to certain institutions through Lynq, a settlement network on Avalanche (AVAX) built to help digital asset trades and payments clear faster and more reliably. AVAX hit six-month highs following the announcement.
Lynq is a specialised blockchain on Avalanche offering institutional-grade security, custom privacy, and seamless interoperability. It is not a public Avalanche blockchain. Unlike rival offerings (e.g. BlackRock’s BUIDL), Goldman Sachs is not tokenising its fund’s shares. Instead, the traditional structure remains intact, and Lynq functions strictly as a secure access and transaction settlement rail.
Settlement, the process of finalising a trade so money and assets actually change hands, has traditionally been slow in both traditional finance and crypto. Networks like Lynq aim to fix that by settling transactions almost instantly, and Goldman Sachs joining shows large institutions see potential value in using crypto-based systems to move money and assets more efficiently.
Bitwise launched the first U.S. spot exchange-traded fund (ETF) for NEAR Protocol (NEAR), a fast and cheap blockchain that has been live for more than five years. Unlike a typical ETF, this one includes staking, a process where tokens are locked up to help secure the network in exchange for rewards, and those rewards are passed on to the fund automatically.
The launch gives people exposure to NEAR through a regulated fund without needing to manage staking themselves. It also fits a broader pattern: recent ETF launches increasingly include staking rewards as a standard feature rather than a separate extra.
