Bitmine Immersion Technologies said that as of Feb. 22, 2026, its combined crypto and cash assets totaled $9.6 billion. The company now holds 4,422,659 ETH after buying 51,162 tokens in the past week, with 3,040,483 ETH staked and current annualized staking revenues of $171 million.

Michael Saylor hinted at another Bitcoin purchase by posting the firm's accumulation chart on X with the caption "The Orange Century" as BTC traded below $68,000. On February 17, Strategy bought 2,486 BTC for $168.4 million at $67,710, bringing holdings to 717,131 BTC acquired for $54.52 billion, with a $76,027 average and about $5.8 billion unrealized decline.

This week's market roundup highlights Base's plan to detach key components from the OP Stack while doubling its annual upgrade schedule, alongside ether.fi moving its Cash card product to OP Mainnet. Moonwell suffered a $1.78 million exploit tied to AI-generated Solidity code, and Jupiter DAO is voting on whether to cancel its planned 2026 JUP airdrop. Additional developments include protocol fee changes, strong revenue figures, and wind-downs at several DeFi projects.

Binance launched a USD1 rewards initiative distributing 235 million WLFI tokens over four weekly airdrops between February 20, 2026 and March 20, 2026. Eligible users holding USD1 across Spot, Funding, Margin, or USDⓈ-M Futures accounts can earn weekly allocations, with Margin and Futures collateral balances receiving a 1.2x multiplier and a 0.01 USD1 minimum balance required.

The White House has reportedly set a March 1 target to finalize negotiations on a U.S. crypto market structure bill known as the Clarity Act, aiming to move the proposal forward by the end of the month. A draft discussed with major crypto firms and banking associations would prohibit yield on idle stablecoin balances, empower the SEC, Treasury, and CFTC to enforce the rules with penalties up to $500,000 per violation per day, and keep a bank-requested deposit outflow study on the table.

Wells Fargo analysts estimate that up to $150 billion in U.S. tax refunds during the 2026 filing season could boost liquidity and support renewed risk-taking in assets like Bitcoin. Over the past four weeks, domestic liquidity reportedly dropped by about $105 billion as Bitcoin fell roughly 28%, but projections point to peak refund-driven cash flows around early April, aligning with historical patterns of stronger retail trading.

Standard Chartered has lowered its 2026 XRP price projection from $8 to $2.80 after a broad cryptocurrency selloff and mounting ETF outflows. The bank also cut year-end targets for Bitcoin, Ethereum, and Solana, while XRP ETFs saw assets retreat about 40% from a $1.6 billion peak in early January 2026. Market participants are now watching US legislative efforts such as the Clarity Act, which some expect could influence digital asset regulation and sentiment.

According to TRM Labs, Monero’s on‑chain activity stayed above pre‑2022 baselines through 2024 and 2025 even after Binance and Coinbase ended support. The report also noted that 48% of new darknet markets in 2025 accepted only XMR, while most completed ransomware payments still settled in Bitcoin because of liquidity and accessibility advantages.

MicroStrategy chairman Michael Saylor claims the company could still fully cover its roughly $6 billion in net debt even if Bitcoin plunged 88% to $8,000. Management also outlined a plan to convert its existing convertible notes into equity over the next three to six years while continuing to buy Bitcoin despite more than $5 billion in unrealized losses.