As Wall Street Turns Suddenly Bullish, Questions Arise if Bitcoin Will Follow or Flop
Wall Street strategists see stocks rallying further, and a Bitcoin rally could be next, analysts say.
Wall Street strategists see stocks rallying further, and a Bitcoin rally could be next, analysts say.

TL;DR Strategy bought 950 BTC during the week ending September 20 for $75.7 million. The purchases were made at an average price of $79,670 per Bitcoin. Strategy now reports 846,000 BTC acquired for an aggregate $63.80 billion. Strategy has added another 950 Bitcoin to its balance sheet, extending the corporate treasury strategy that continues to define the company. An SEC filing dated September 21 shows the purchases were made between September 14 and September 20 for an aggregate $75.7 million in cash. The average purchase price was $79,670 per BTC. Strategy’s Bitcoin Stack Reaches 846,000 BTC Following the latest acquisition, Strategy reported total holdings of 846,000 BTC. The company says those coins were acquired for an aggregate $63.80 billion, putting its average acquisition price at $75,416 per Bitcoin. The timing is worth keeping precise. The filing landed on September 21, but it covers purchases made over the prior week rather than a single transaction executed on filing day. That distinction has become increasingly important with Strategy’s regular treasury updates, which often bundle several purchases into one disclosure. The same filing also shows the company repurchased 1,771,238 shares of its STRC preferred stock for $174 million. Corporate Treasury Strategy Keeps Expanding Strategy’s latest move reinforces how aggressively it continues to use the public markets and its capital structure to support a Bitcoin-heavy balance sheet. At 846,000 BTC, the company’s exposure is no longer a side allocation. Bitcoin is central to how investors value the business, how its financing activity is interpreted and how changes in BTC price feed through to the company’s balance-sheet narrative. The latest purchase was made above Strategy’s aggregate average cost, which also means every incremental acquisition at current levels nudges that blended cost basis higher. For now, the key confirmed figures are the 950 BTC weekly purchase and the resulting 846,000 BTC total. The filing does not indicate that all 950 BTC were bought on September 21 itself. This article was written by the News Desk and edited by Samuel Rae. Source: Primary Source

Stablecoin issuer Circle is courting crypto-owning institutions, launching a lending service on Monday that lets them borrow USDC against their bitcoin holdings. Circle, the company behind the USDC stablecoin, has launched a service that lets institutional customers borrow dollar-pegged tokens against their bitcoin holdings—the latest push by a crypto firm to court treasury departments that […]

Bitcoin Magazine Bitcoin Bull Market Engaged? 50-Week Moving Average Flips Bullish Bitcoin just closed a weekly candle above its 50-week simple moving average for the first time this cycle, and Sean Hagan puts roughly 80% confidence on this being a genuine regime change. This post Bitcoin Bull Market Engaged? 50-Week Moving Average Flips Bullish first appeared on Bitcoin Magazine and is written by Patrick Green .

BitGo's quantum-risk tools enhance Bitcoin security, potentially setting a new standard for institutional crypto custody amid evolving threats.

Bitcoin’s price ripped to an intraday high of $87,374 on Monday, Sept. 21, reaching its highest level since late January as billions of dollars flooded back into the crypto economy. The broader sector is now nearing $3 trillion in value, while BTC has rebounded sharply from last week’s lows around $75,000 to $76,000. Bitcoin is […]

TL;DR Bitcoin crossed $85,000 on September 21, reaching a session high of $85,174.35. That marked BTC’s highest spot level since January 2026. The move is a price milestone, not confirmation of a new bull-market leg. Bitcoin pushed through $85,000 on September 21, putting the market back at a level it had not seen since January. The move took BTC to a session high of $85,174.35, according to the validated spot-price snapshot used for this report. That makes the reclaim notable for a simple reason: the market spent roughly eight months below this part of the range. Bitcoin Returns To An Eight-Month High The cleanest way to read the move is as a change in where Bitcoin is trading, rather than an invitation to attach a larger forecast to it. Crossing $85,000 matters because it restores a price zone that had effectively remained out of reach through much of 2026. It also gives traders a new reference point after months in which rallies repeatedly failed to push BTC back toward its January highs. What the move does not establish on its own is how durable the break will be. A session high can tell us where buyers were able to push price; it cannot, by itself, tell us whether the market will hold that level over the next several daily closes. That distinction matters especially in Bitcoin, where a headline level can attract both fresh spot demand and short-term derivatives positioning at the same time. The Next Test Is Whether $85,000 Holds For now, the confirmed development is straightforward: BTC traded above $85,000 and printed its highest spot level in eight months. The more useful follow-up will come from how the market behaves around the reclaimed zone. If Bitcoin can spend time above it rather than immediately slipping back below, $85,000 could begin functioning as a more meaningful reference level. If the move fades quickly, the session may instead be remembered as another volatility spike inside a still-fragile range. Either way, the September 21 move has already changed the short-term market picture by putting a price that had been absent since January back on the board. This article was written by the News Desk and edited by Samuel Rae. Source: Primary Source

The massive short squeeze highlights the volatility and potential for rapid market shifts, reshaping trader strategies and psychological benchmarks.

Bitcoin's surge highlights the volatility and risks in crypto markets, impacting investor sentiment and potentially influencing regulatory scrutiny.


Bitcoin has surged to an eight-month high as a massive short squeeze accelerates the rally, putting $90,000 firmly in focus.

The Bitcoin treasury firm Strategy (MSTR) purchased $76,000,000 worth of BTC over the past week. Strategy says it accumulated 950 Bitcoin at an average purchase price of $79,670 per BTC, stretching their total holdings to 846,000 BTC. News of the firm’s purchase broke on Monday morning as Bitcoin surged by more than 6% and cracked […]

Bitcoin Magazine Bitcoin ETF Holders Back in the Black as Price Barrels Towards $87,000 Bitcoin exchange-traded fund holders are now in profit for the first time since January. This post Bitcoin ETF Holders Back in the Black as Price Barrels Towards $87,000 first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.

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The surge highlights Binance's dominant influence on crypto markets, potentially increasing volatility and impacting global trading dynamics.

A lawsuit accuses UK users of running six coordinated accounts to pull at least $278,000 from X's now-defunct Creator Revenue Sharing Program.

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Bitcoin Magazine Jordi Visser: Why AI Agents Make the BTC Bull Case After 15 years of building crypto rails, Jordi Visser makes a bold claim: stablecoins, lending, and tokenization were built for AI agents, not humans. This post Jordi Visser: Why AI Agents Make the BTC Bull Case first appeared on Bitcoin Magazine and is written by Patrick Green .