U.S., Canadian digital asset treasury firms see median stock prices fall 43% in 2025

Michael Saylor, the executive chairman of Strategy, advocated for the Middle East to become a hub for Bitcoin banking at the Bitcoin MENA conference, highlighting the potential of BTC-backed banking and yield products as a $200 trillion opportunity. He emphasized the need for sovereign wealth funds in the region to consider Bitcoin as a viable investment option.

At the Bitcoin MENA Conference, Michael Saylor emphasized Bitcoin's role as a cornerstone for a new digital capital era, declaring a commitment to acquire significant amounts of Bitcoin. This statement aligns with recent actions by his company, Strategy, which has expanded its Bitcoin treasury to over 660,000 BTC following a substantial purchase of approximately $963 million.

Michael Saylor, during a discussion at BTC MENA 2025, presented Bitcoin as a viable investment option to every sovereign wealth fund in the Middle East, emphasizing its potential to generate significant wealth and position nations as financial hubs akin to Switzerland.

Twenty One Capital, a significant player in the Bitcoin treasury sector, has transferred 43,500 BTC, valued at approximately $4.5 billion, into an escrow wallet ahead of its public debut on December 9. This move has raised concerns about a potential sell-off that could exert downward pressure on Bitcoin's price, which is currently trying to maintain support above $90,000.

Strategy has made a significant Bitcoin purchase of nearly $1 billion, acquiring approximately 10,624 BTC, just a week after announcing a $1.44 billion USD Reserve. This acquisition marks one of the largest Bitcoin buys for the company in 2025, bringing its total holdings to over 660,000 BTC, as shared by co-founder Michael Saylor on social media.

Strategy has made its largest Bitcoin purchase in over three months, acquiring 10,624 BTC for approximately $963 million, primarily funded through new common stock issuance. This acquisition increases the company's total Bitcoin holdings to over 660,000 BTC, reflecting a significant commitment to the cryptocurrency market.

Michael Saylor, CEO of Strategy, has met with every Middle East sovereign wealth fund to propose Bitcoin-backed credit, presenting it as a yield-generating alternative to traditional fixed income investments. This initiative aims to position Bitcoin as a viable asset for institutional investors seeking innovative financial solutions.

Analysts are increasingly divided on the future of XRP as discussions around its governance and price trajectory intensify, particularly in light of recent whale sell-offs and ETF inflows. The cryptocurrency has shown signs of momentum, but concerns about centralization and market volatility persist, creating a complex environment for traders and investors.