Trump advisor backs gold-to-BTC swap, Pakistan eyes mining, and Metaplanet adds $12.6M in BTC.

͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­

	Forwarded this email? Subscribe here for more BTC Reclaims 200-Day Moving Average as Saylor’s Strategy Eyes $711M Bitcoin Buy Trump advisor backs gold-to-BTC swap, Pakistan eyes mining, and Metaplanet adds $12.6M in BTC. Bitcoin Magazine Pro Mar 24   READ IN APP   News Headlines Trump’s top crypto advisor open to budget-neutral gold-to-Bitcoin reserve swap. Pakistan considers Bitcoin mining to stabilize its power grid. Metaplanet adds $12.6M worth of bitcoin with 150BTC purchase. Saylor’s Strategy plans $711M purchase. Price Action $BTC has now successfully closed back above its 200-day moving average. It had spent the past two weeks trying to recover from the crash earlier in the month, and has now reclaimed this critical level. The next target is the 128-day-moving average - a key moving average that typically acts as a support level in bull markets. We expect a significant return to confidence once $BTC can reclaim the 128-day moving average. That moving average is currently at $95,000. Figure 1: Bitcoin has now reclaimed its 200-day moving average. $BTC has significant ground to make up though as it remains -14.19% down over the past three months. Figure 2: $BTC has trended down over the past three months. But with evidence that traders have become pessimistic, as shown by the negative funding rates (red bars) on the chart below, we may have reached a local bottom in $BTC price. This has undoubtedly been the case previously this cycle when negative funding rates have appeared and also in prior bull market cycles. Figure 3: Bitcoin Funding Rates turning negative marking local lows. The Big Story: Strategy raises $711M as Saylor Hints at new bitcoin buy Key Highlights: Strategy aims to raise $711 million to expand its Bitcoin holdings and support operations. The preferred stock offers a 10% annual dividend and redemption rights under certain conditions. Strategy, led by Michael Saylor, announced plans to raise approximately $711 million through a Series A Perpetual Strife Preferred Stock (STRF) offering. Proceeds will primarily fund additional Bitcoin purchases, pushing the company’s holdings beyond 500,000 BTC. It currently holds 499,226 BTC. Figure 4: (Micro)Strategy Holdings, Stock performance, Price, and % of supply. Strong investor interest prompted an increase in the offering from 5 million to 8.5 million shares, priced at $85 each. The preferred shares carry a 10% annual cumulative dividend based on a $100 per share value. The shares carry a $100 liquidation preference, adjusted daily based on market factors. Strategy can redeem all shares if outstanding shares fall below 25% of the initial issue or in certain tax events. Shareholders may also request repurchase if a significant corporate change occurs. This offering is part of Strategy’s 21/21 plan—a $42 billion initiative split evenly between equity and debt—to aggressively grow its Bitcoin reserves. The company, which now holds around 246,000 BTC, has already made significant progress toward that target. Funded by convertible notes and other instruments, Strategy’s Bitcoin holdings currently represent 2.38% of the total supply, reinforcing its position as the leading institutional holder of bitcoin. As a result of its Bitcoin Treasury strategy, the company has continued to significantly outperform other major stocks, as well as Bitcoin since it’s adoption of the strategy: Figure 5: $MSTR stock outperformance since the company's adoption of Bitcoin. You can view our new dashboard on (Micro)Strategy showing key charts and data that (Micro)Strategy uses to report on their KPI performance. Check it out here. Live Chart Review: $MSTR Key Moving Averages Figure 5: MSTR Key Moving Averages What it is $MSTR share price with key moving averages overlaid: 50-day moving average (blue) 100-day moving average (red) 200-day moving average (purple) How it is useful for Bitcoin investors During this and the previous Bitcoin bull market, $MSTR has consistently stayed above the 200-day moving average. Only in late 2021 did $MSTR price start to trend below the purple line of the 200DMA. During the recent $BTC crash, $MSTR price also tumbled but stopped at the 200-day moving average, reversed, and has since rallied up. You can view the live version of this chart, as well as many others, on the new (Micro)Strategy dashboard here for free. The Bitcoin Magazine Pro Team. Bitcoin Magazine Pro For more detailed Bitcoin analysis and to access advanced features like live charts, personalized indicator alerts, and in-depth industry reports, check out Bitcoin Magazine Pro. Make Smarter Decisions About Bitcoin. Join millions of investors who get clarity about Bitcoin using data analytics you can't get anywhere else. GO TO FREE CHARTS SIGN UP NOW We don't just provide data for data's sake, we provide the metrics and tools that really matter. So you get to supercharge your insights, not your workload. Take the next step in your Bitcoin investing journey: Follow us on X for the latest chart updates and analysis. Subscribe to our YouTube channel for regular video updates and expert insights. Follow our LinkedIn page for comprehensive Bitcoin data, analysis, and insights. Explore Bitcoin Magazine Pro to access powerful tools and analytics that can help you stay ahead of the curve. Invest wisely, stay informed, and let data drive your decisions. Thank you for reading, and here’s to your future success in the Bitcoin market! Subscribed 🎁 Special Offer: Use Code: BMPRO For 10% OFF All Bitcoin Conference Tickets Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. We sincerely appreciate your support and hope you found this content valuable. Please leave a like and let us know your thoughts in the comments section; we always welcome feedback from our audience! Share Like & Comment Share Bitcoin Magazine Pro   Like Comment Restack   © 2025 BTC Inc. 438 Houston Street, Suite 257, Nashville, TN 37203 Unsubscribe