Strategy increases Bitcoin holdings despite stock decline

The purchase comes as the company's price has fallen roughly 60% from the $400s to the $170s in six months with no indication of recovery. Strategy stock confronts various resistance levels between $195 and $215, inhibiting short-term gains, and investors are growing apprehensive about the company's prospects.

Despite the slump, creator Michael Saylor refuses to sell Bitcoin to fund dividends under the “Bitcoin maxi” approach. The company's $1.44 billion cash cushion covers dividends for nearly two years. Strategy also launched perpetual preferred shares, which Saylor believes will transform the game in 12–24 months.

However, Strategy confronts rising competition. JPMorgan and Morgan Stanley are creating Bitcoin-linked products that provide managed institutional Bitcoin exposure with restricted upside, threatening Strategy's position as the go-to corporate Bitcoin vehicle. Strategy has been targeted by short-sellers like Jim Chanos, and Metaplanet is using Bitcoin-heavy treasury methods.

Strategy's dominance as a corporate Bitcoin holder is under examination as traditional banking institutions enter crypto.

CFTC pilots tokenized derivatives collateral

The CFTC announced on Dec. 8 that registered futures commission merchants can accept Bitcoin, Ethereum, USDC, and tokenized real-world assets as margin collateral under direct monitoring.

Acting Chair Caroline Pham called the launch a systematic strategy to bring crypto activity onshore after years of volatility on offshore exchanges. She said the pilot combines innovation with market protections.

Firms must report client account assets and operational issues weekly under the scheme. The CFTC also amended its guidelines to confirm that its regulations are technology-neutral, so tokenized Treasuries, money-market funds, and other RWAs can meet collateral standards with strong custody and valuation controls.

Canadian digital asset treasury enterprises' median stock values plummet 43% in 2025

Digital asset treasuries (DATs) are criticized. Why? Because they buy cryptocurrency using company money. Michael Saylor popularized the concept by turning concept Inc. into a public Bitcoin holding company. Over 100 companies used similar strategies.

These companies' share values initially outperformed their tokens, luring investors like Peter Thiel and the Trump family.

Market data shows that SharpLink Gaming's stock price rose after announcing a shift to digital tokens, but shares have since fallen. Greenlane Holdings' value fell despite holding crypto tokens. Numerous DATs are expected to finish the year undervalued.

Companies borrowed heavily to buy cryptocurrency tokens in 2025. Companies must pay debt interest and dividends while most holdings generate little cash flow.

Bloomberg data shows these companies' median stock returns have fallen with their asset values this year.

According to the research, Strategy shares have declined from a July peak and are anticipated to fall further by year-end. If its market value falls below its assets, CEO Phong Le said the company may sell certain interests to support dividends. This contradicts Saylor's earlier claims that the firm will not sell its interests.

Smaller DATs struggle to raise funds. Poor performers include firms who bought lesser-known, more volatile tokens. Alt5 Sigma Corp., financed by two of Donald Trump's sons, bought a lot of a risky cryptocurrency; its shares have plummeted since June, according to market statistics.

Solana Price Prediction: “Zero Risk” Wrong

Jupiter COO Kash Dhanda explained on X that while vaults are separated, using rehypothecated assets exposes consumers to risk because shocks in one section of the system might cross through them.

Dhanda said the vaults reduce contagion, but the crew shouldn't have said they were entirely protected.

The crypto community still ignores Jupiter after the correction. Due to misrepresentation, Kamino prevented users from moving funds to Jupiter Lend.

Jupiter Lends contributed $616 million in network activity, therefore its departure could hurt Solana's utility token acceptance and usage.

Abu Dhabi Global Market Regulates Tether's USDT as Fiat-Referenced Token

The Abu Dhabi Global Market (ADGM) has accepted Tether's USDT stablecoin as a fiat-referenced token across several blockchains, marking another step in the UAE's quest to become a global center for regulated digital assets.

ADGM now allows licensed institutions in the financial free zone to perform regulated USDT activities in Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, Tether stated on Monday.

USDT's jurisdictional and technical reach in the region has expanded with these approvals on Ethereum, Solana, and Avalanche.

Tether CEO Paolo Ardoino said the move highlights stablecoins' relevance in modern finance.

“Introducing USDT within ADGM’s regulated digital asset framework reinforces stablecoins as essential components of today’s financial landscape,” he said, adding that recognition across multiple chains strengthens Abu Dhabi’s compliant digital finance hub status.

ADGM has its own legal, regulatory, and judicial framework as a special economic zone and international financial hub.

Circle Wins UAE-wide ADGM License to Expand USDC

Circle may offer USDC-regulated payment, settlement, and digital-asset services with the license, giving it an official presence in one of the world's fastest-growing compliant crypto centers.

ADGM is driving efforts to attract enterprises seeking clear standards for fiat-referenced tokens and tokenized financial services as the UAE seeks to establish itself as a global center for digital-asset regulation.

Circle appointed Dr. Saeeda Jaffar as Middle East and Africa Managing Director as part of its expansion.

Dr. Jaffar, Visa's GCC regional executive, will join Circle to lead its strategy, create regional alliances, and promote USDC in commercial payments and financial infrastructure in the UAE and beyond.