Bitcoin Reclaims $64,000 as Vance Moves to Hold US-Iran Talks in Switzerland

coingape.com··Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Bitcoin bounced back above the $64,000 mark on Saturday after a week of doubt over the next round of talks with Iran. The rebound came as U.S. Vice President JD Vance moved to hold discussions with Iranian officials in Switzerland, easing geopolitical tensions that had weighed on risk assets. The cryptocurrency had struggled earlier in the week amid uncertainty over the diplomatic process. The renewed optimism helped push Bitcoin past the key psychological level, recovering from recent lows.

Impact on assets 1

Others▲ · 1 stocks
Bitcoin
BTC-USD
▲ PositiveGeopoliticsrelevance

Easing US-Iran tensions via Vance's talks in Switzerland boosts risk appetite, lifting Bitcoin above $64,000.

Theme Impact 1

Related news

United States

Robinhood Makes First Bitcoin Purchase, Buying $25M for Corporate Balance Sheet

Robinhood Markets made its first-ever Bitcoin purchase for its corporate balance sheet, buying $25M worth of BTC, according to Johann Kerbrat, SVP and General Manager of Crypto and International. Kerbrat disclosed the buy on Wednesday during an interview at the Digital Asset Summit Asia, saying the move reflects the company's commitment to Bitcoin and the broader crypto ecosystem. The company did not disclose the exact Bitcoin amount, but based on pricing around $84K the purchase is estimated at roughly 294-300 BTC. Kerbrat noted the $25M allocation is relatively small compared with Robinhood's roughly $100B market capitalization, and the exact Bitcoin holdings are expected in the company's next filing. Robinhood stock traded nearly 3% lower at ~$108.91 in the pre-market session.
About megatrends
Digital Finance & Tokenization › Crypto Exchanges, Custody & Digital-Asset Infrastructure Demand
Digital Finance & Tokenization › Digital Wealth & Robo-Advisory Demand
Digital Finance & Tokenization › Bitcoin / Crypto Treasury & Store-of-Value Proxies Demand
HOOD · Capital · Positive Robinhood made its first-ever $25M Bitcoin purchase for its corporate balance sheet, a treasury allocation reflecting commitment to crypto.
BTC · Demand · Positive Robinhood's $25M corporate Bitcoin purchase adds a new institutional buyer of roughly 294-300 BTC.
Read original ↗
Seeking Alpha·3hRead more →
United States
▲

Silvia Buys Back Another 5% of Shares, Total Repurchases Reach About 20%

Silvia, Inc. repurchased an additional 5% of its common stock outstanding since September 22, 2026, bringing total repurchases to approximately 20% of shares outstanding at the inception of the buyback program. The company, formerly ProCap Financial, Inc. and the first publicly traded agentic finance firm, said it will continue to buy back shares as it deems appropriate. As of market close on October 6, 2026, outstanding shares totaled 78,665,076 after accounting for the settlement of all repurchased shares, and the company held approximately 4,965 Bitcoin. Silvia, founded in 2025, has raised more than $750 million from leading investors and trades on Nasdaq under the symbol SVIA.
About megatrends
Digital Finance & Tokenization › Bitcoin / Crypto Treasury & Store-of-Value Proxies ▲Capital
Digital Finance & Tokenization › Pure Bitcoin-Treasury Vehicles Capital
SVIA · Capital · Positive Silvia repurchased an additional 5% of common stock, bringing total buybacks to ~20% of shares outstanding.
BRR · Capital · Positive ProCap Financial (now Silvia) is the company executing the buyback, repurchasing another 5% of shares.
Read original ↗
Business Wire·5hRead more →
Japan
▼

Metaplanet's Bitcoin income business revenue falls for third straight quarter

Metaplanet's Bitcoin income business revenue declined for a third consecutive quarter. Revenue for the business in the third quarter of 2026, covering July to September, came to 84.84 million yen, down about 51 percent from 174.73 million yen in the previous quarter, according to figures the company released on October 5. The business uses Bitcoin-related options to generate ongoing operating income and support the expansion of its Bitcoin holdings over the medium to long term. Quarterly revenue peaked at 424.18 million yen in the fourth quarter of 2025, then fell to 296.93 million yen in the first quarter of 2026, 174.73 million yen in the second quarter and 84.84 million yen in the third quarter, marking three straight quarters of decline. In its interim results released in August, the company said it shelved a third-party allotment of common shares in the second quarter because its mNAV stayed below 1 for an extended period. As a result, it said, the amount of funding raised fell short of initial expectations, and the collateral it could allocate to the Bitcoin income business did not expand as planned. The latest announcement gave no specific explanation for the revenue decline, saying only that while its full-year earnings forecast assumes progress in fundraising, the quantity of Bitcoin held, growth in BTC NAV and a corresponding expansion in the scale of operations for the Bitcoin income business, progress to date has fallen short of initial expectations.
About megatrends
Digital Finance & Tokenization › Bitcoin / Crypto Treasury & Store-of-Value Proxies ▼Capital
Digital Finance & Tokenization › Pure Bitcoin-Treasury Vehicles ▼Capital
BTC · Demand · Negative Metaplanet's Bitcoin income business revenue fell for a third straight quarter, with funding shortfalls limiting collateral allocated to Bitcoin-related operations.
Read original ↗
NADA NEWS·13hRead more →
United States
▲impact 4

Strive Buys 2,000 Bitcoin for $169M as SEC Clears 3X Crypto Funds

Strive purchased 2,000 bitcoin for approximately $169 million, nearly six times the 334 bitcoin that Strategy announced buying the previous day, bringing Strive's total holdings to 29,462 bitcoin at an average price of $84,422 per coin. CEO Matt Cole said SETA preferred stock sales accounted for 61.5% of the capital raised, with warrant exercises generating another $56.7 million, and Strive now carries roughly $1.29 billion of SETA preferred stock with about $168 million in annual dividend obligations. Separately, the SEC approved the CBOE's request to list the first US products delivering three times the daily returns of bitcoin and ether, to be operated by Volatility Shares using regulated bitcoin and ether futures rather than the tokens themselves, doubling the previous 2X cap on US crypto funds. The CFTC also floated a new federal framework for leveraged retail crypto trading, proposing a crypto asset market registration category with token listing standards, market surveillance and anti-manipulation rules, proof of reserves for pooled customer assets, capital requirements, segregation of customer assets, risk disclosures, and KYC and anti-money laundering controls, while stating it cannot require crypto to trade on its platforms without Congress. Treasury withdrew a 2020 self-hosted wallet rule and a 2023 crypto mixer reporting rule, citing concerns over a chilling effect on legitimate activity, and Rain filed an application with the OCC to establish Rain National Trust Bank, following similar moves by Modern Treasury as community banks sue the OCC over federal trust charters for crypto companies. Ondo Finance also launched Ondo private markets with tokenized pre-IPO AI exposure, beginning with an unnamed pre-IPO AI business, offering tokenized notes linked to the company's economic performance rather than actual shares.
About megatrends
Digital Finance & Tokenization › Bitcoin / Crypto Treasury & Store-of-Value Proxies ▲Regulation
Digital Finance & Tokenization › Pure Bitcoin-Treasury Vehicles ▲Regulation
Digital Finance & Tokenization › Crypto Exchanges, Custody & Digital-Asset Infrastructure ▲Regulation
Digital Finance & Tokenization › Real-World Asset Tokenization ▲Regulation
Digital Finance & Tokenization › Tokenized Equities & Securities Rails ▲Regulation
ASST · Capital · Positive Strive bought 2,000 bitcoin for ~$169M, funded largely by SETA preferred stock sales and warrant exercises, expanding its treasury holdings to 29,462 BTC.
BTC · Regulation · Positive SEC cleared CBOE to list first US 3X bitcoin/ether funds and CFTC floated a federal leveraged crypto framework, while Treasury withdrew restrictive wallet/mixer rules.
ETH · Regulation · Positive SEC approved the first US products delivering three times the daily returns of ether (alongside bitcoin), expanding regulated leveraged crypto exposure.
Read original ↗
Yahoo Finance·1dRead more →
United States
▲2

Strive Buys 2,000 Bitcoin for $169 Million, Nearly Six Times Strategy's Recent Purchase

Strive purchased 2,000 bitcoin for approximately $169 million, nearly six times the 334 bitcoin buy that Strategy announced a day earlier. The company now holds 29,462 bitcoin, putting it within roughly 6,000 bitcoin of Marathon, the next largest holder in the corporate treasury space, and it paid an average of $84,422 per bitcoin this week. According to CEO Matt Cole, sales of the company's Seta preferred stock accounted for 61.5% of the capital raised, while warrant exercises generated another $56.7 million for the purchases. Strive now carries approximately $1.29 billion of Seta preferred stock with about $168 million in annual dividend obligations, and while it remains debt-free, those preferred shareholders are paid ahead of common shareholders at a dividend above 12%.
About megatrends
Digital Finance & Tokenization › Bitcoin / Crypto Treasury & Store-of-Value Proxies ▲Capital
Digital Finance & Tokenization › Pure Bitcoin-Treasury Vehicles ▲Capital
ASST · Capital · Positive Strive bought 2,000 bitcoin for ~$169M, funded largely by Seta preferred stock sales and warrant exercises, expanding its treasury.
BTC · Demand · Positive Strive's 2,000 bitcoin purchase adds corporate treasury demand for bitcoin.
MSTR · Capital · Neutral Mentioned only as comparison: its 334 bitcoin purchase was nearly six times smaller than Strive's.
Read original ↗
Yahoo Finance·1dRead more →
United States
▲

DeFi Development's Solana Holdings Top $302 Million, Per-Share NAV Set to Double

Nasdaq-listed Solana treasury company DeFi Development Corp. announced that its Solana holdings have reached 2.56 million SOL, with net asset value per share expected to rise by more than 100%. The company added roughly 26,203 SOL since September 28, expanding its holdings of SOL and equivalents to about $302 million, an increase of roughly 11% since its August 12 earnings update. In September the company established a $300 million at-the-market program for its CHAD preferred stock, with proceeds mainly earmarked for SOL purchases. The new CHAD preferred shares paid their first dividend on October 1, at an annual rate of 13% on a $10 par value, equivalent to about $1.30 per share per year. According to CoinGecko's Solana treasury tracker, 23 entities hold a combined 19.61 million SOL, worth about $2.36 billion, with DFDV ranking second behind Forward Industries at 2.49 million SOL. The company's figures as of September 30 are preliminary, and final quarterly results may differ from current estimates.
About megatrends
Digital Finance & Tokenization › Bitcoin / Crypto Treasury & Store-of-Value Proxies ▲Capital
DFDV · Capital · Positive DFDV's Solana holdings reached 2.56M SOL (~$302M) with per-share NAV expected to more than double, plus a $300M ATM program and 13% CHAD preferred dividend.
SOL · Demand · Positive DFDV added ~26,203 SOL and earmarked $300M ATM proceeds mainly for SOL purchases, signaling treasury-entity demand for Solana.
Read original ↗
NADA NEWS·1dRead more →