ME News report, April 9 (UTC+8): According to comprehensive disclosure from BBX cryptocurrency-related stock information, yesterday, after filtering out short-term macro sentiment interference, the global crypto asset market received its most authentic fundamental feedback. With leading treasury firms releasing actual ledgers showing significant unrealized losses and continuous accumulation, and major traditional brokerages and derivatives leaders providing clear timelines for expanding their crypto businesses, the second-quarter performance of cryptocurrency-related stocks has established a solid foundation in spot trading and compliance.
[Key Updates]
- The Real Ledger of a Treasury Giant: Strategy Inc. (NASDAQ: $MSTR) (formerly MicroStrategy)'s latest 8-K filing reveals that, between April 1 and 5, the company spent $329.9 million to purchase 4,871 BTC (average price of approximately $67,718). As of April 5, its total holdings reached 766,970 BTC. Notably, the filing also discloses that due to the cryptocurrency price falling below its average holding cost of $75,644 during Q1, the company recorded an unrealized digital asset impairment loss of $14.46 billion in the first quarter and recognized a deferred tax asset of $1.73 billion.
- The brokerage giant confirms timeline: The Charles Schwab Corporation (NYSE: $SCHW) President and CEO Rick Wurster officially confirmed in his letter to shareholders on Monday that Schwab will launch spot trading services for Bitcoin and Ethereum in the first half of 2026. The plan will begin with a limited rollout in the second quarter (Q2), followed by a full-scale expansion to its large customer base.
- Derivatives Compliance Expansion: The world’s largest derivatives exchange, CME Group Inc. (NASDAQ: $CME), announced that, in light of its encrypted derivatives daily notional trading volume reaching a record $8 billion in March, it will intensify its crypto strategy by launching futures contracts for Avalanche (AVAX) and Sui (SUI)—including both standard and micro versions—on May 4.
[Market Perspective]
The massive unrealized losses of $MSTR have amplified the high-leverage volatility risk in its stock price. Meanwhile, Charles Schwab’s Q2 spot trial and CME’s expansion of altcoin futures signal that traditional trillions in buying power and institutional derivatives demand are accelerating their migration toward the crypto infrastructure.(Source: BBX)
