Strategy Inc. has accumulated 650,000 BTC after purchasing 130 coins at approximately $89,960 each, while establishing a $1.44 billion cash reserve to cover preferred stock dividends and debt obligations. The company's market capitalization stands at roughly $45 billion, about $10 billion below the $55 billion market value of its bitcoin holdings. The firm's stock has fallen 57% since October 6, raising questions about the sustainability of its acquisition strategy under current market conditions.

Bitmine purchased 96,800 Ethereum tokens worth approximately $273 million over the past week, according to Arkham Intelligence. The acquisition occurred as ETH traded near $2,800 and found support at the 78.6% Fibonacci retracement level around $2,716. The firm currently holds approximately 3.44 million ETH valued near $10 billion, with $880 million in capital designated for future purchases.

The Federal Reserve ended its quantitative tightening program on December 1, injecting $13.5 billion into the U.S. banking system through overnight repurchase agreements. Data show this represents the second-largest liquidity injection since the COVID-19 era, exceeding levels seen during the Dot Com Bubble. The move marks a shift from the balance sheet reduction that began in April 2022.

Bank of America has issued formal guidance advising wealth management clients to allocate 1%–4% of portfolios to digital assets through regulated Bitcoin ETFs. Starting January 5, 2026, over 15,000 advisors across Merrill Lynch, Bank of America Private Bank, and Merrill Edge will gain access to coverage on four Bitcoin exchange-traded funds. The guidance establishes a 1% minimum for conservative investors and a 4% ceiling for clients with higher risk tolerance.

Bank of America has revised its digital asset guidance, now recommending wealth clients include crypto exposure as a standard portfolio component. The bank advises allocations between 1% and 4% based on individual risk tolerance, shifting from its earlier position that treated crypto as an optional consideration investors could disregard.

Grayscale Investments launched the Grayscale Chainlink Trust ETF (GLNK) on the New York Stock Exchange on Tuesday. The fund converted a private placement trust holding over $17 million in assets and offers investors exposure to Chainlink's oracle network infrastructure, according to Grayscale.

Strategy, the business intelligence firm co-founded by Michael Saylor, announced on December 1, 2025, the creation of a $1.44 billion cash reserve alongside an expansion of its Bitcoin holdings to 650,000 BTC. The cash reserve, funded through at-the-market stock sales, is designated to cover preferred stock dividends and interest obligations for 21 months. The company also revised its FY2025 earnings guidance in response to Bitcoin price volatility.

The Federal Reserve ended quantitative tightening on December 1 and immediately deployed a $13.5 billion overnight repo operation. Analysts view the liquidity shift as a potential catalyst for risk assets, though a possible Bank of Japan rate hike in December could temporarily moderate gains. The move marks the first significant liquidity injection since the withdrawal phase began in June 2022.