Welcome to This Week in Crypto! We’re back with another round of the biggest headlines from the world of cryptocurrency, handpicked and broken down for easy reading. Whether you’re just getting started or keeping an eye on the latest trends, we’ve got you covered.

Here’s a quick look at what’s making waves this week:

  • Strategy (Michael Saylor’s company) now owns over 500,000 Bitcoin after another massive buy during the recent dip.
  • Solana, XRP, and Dogecoin lead the next wave of crypto ETF proposals.
  • A solo Bitcoin miner struck gold, earning over $266K by mining a block alone.

Let’s dive into the full stories!

Strategy now holds 500K+ BTC, 2.3% of Total Supply

Michael Saylor’s company, Strategy, has officially surpassed 500,000 Bitcoin in total holdings after a major new purchase. The company acquired nearly $600 million worth of Bitcoin during a recent market dip, strengthening its position as the largest corporate Bitcoin holder in the world. This move reflects Strategy’s long-term belief in Bitcoin’s potential as a store of value, especially as institutional interest and crypto ETFs gain traction again.

  • Strategy purchased 6,911 Bitcoin between March 17–23 for around $584 million at an average price of $84,529 per coin.
  • The company now owns a total of 506,137 Bitcoin, bought at an average price of about $66,608 per coin, according to an SEC filing.
  • The latest purchase came shortly after Strategy announced new preferred stock offerings, hinting at more Bitcoin purchases.

Strategy continues to “buy the dip” amid global economic uncertainty and trade tensions unsettling traditional markets. Their ongoing strategy reflects a strong belief that Bitcoin will remain a store of value in the long run, especially as more institutions embrace crypto.

Solana, XRP, and Dogecoin ETFs Lead Race for Next Crypto ETF

With Bitcoin and Ethereum ETFs already on the market, the next wave of cryptocurrency exchange-traded funds (ETFs) is taking shape. Fund managers are now setting their sights on new offerings tied to Solana, XRP, and Dogecoin, three of the most well-known altcoins in the crypto space. If approved, these ETFs could give traditional investors easier access to more parts of the crypto world, all through familiar brokerage platforms.

  • Multiple firms—including VanEck, Bitwise, and Franklin Templeton—have filed proposals for spot Solana ETFs, though analysts believe approval likely won’t come until 2026 due to regulatory delays.
  • ETF providers like Rex Shares, Bitwise, and Grayscale have moved toward launching Dogecoin ETFs, with some filings under review and others potentially launching as early as April.
  • Four proposed spot XRP ETFs are currently under review by the SEC, with firms like WisdomTree, 21Shares, and Franklin Templeton leading the charge.

These new ETF filings reflect growing demand from traditional investors who want exposure to crypto without directly buying coins themselves. While SEC approval is still uncertain, analysts say the potential market for these funds could attract billions in new investment.

Solo Bitcoin Miner Solves Single Block, Earns $266K in BTC

In a rare and exciting moment for crypto enthusiasts, a solo Bitcoin miner successfully processed a block and earned a massive $266,000 reward. The win happened early Friday when the miner confirmed Bitcoin block 888,737, doing so without the help of a larger mining pool. While it may sound like an easy path to riches, the reality of solo mining is far more complex.

  • The solo miner earned 3.125 BTC in block rewards plus 0.032 BTC in transaction fees, totaling over $266,000 at today’s Bitcoin price.
  • The miner used a DIY FutureBit Apollo machine, a device small enough to be run at home by hobbyists.
  • Despite the name, “solo miner” can refer to anything from a single machine in an apartment to a room full of equipment running independently from a mining pool.

Solo mining is risky and increasingly rare due to the intense computing power needed to compete with large-scale operations. But occasional big wins like this continue to inspire hobbyists to give it a shot.

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