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What Happened In Crypto Today

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  • September 16, 2025

#Happened #Crypto #Today

Today in crypto, Strategy boosted its Bitcoin holdings to more than $73 billion after a new purchase. The London Stock Exchange launched a Microsoft-powered blockchain platform for private funds, the first such initiative by a global exchange. Meanwhile, Thai banks froze millions of accounts.

Strategy’s Bitcoin stash hits $73B with 638,985 BTC in treasury

Strategy, the business intelligence company co-founded by Michael Saylor, has increased its Bitcoin holdings to more than $73 billion after a reported purchase as part of its treasury strategy.

In a Monday notice, Saylor said the company had acquired 525 Bitcoin for about $60 million, given an average price of $114,562 per coin. The additional Bitcoin resulted in Strategy’s holdings totaling 638,985 BTC, worth more than $73 billion at the time of publication.  

The Bitcoin purchase was part of Strategy’s accumulation strategy, launched in August 2020 with a $250-million BTC investment. Since that initial investment, the company has regularly announced significant BTC buys, including a report of a $450 million purchase at the end of August and early September.

Saylor’s accumulation of Bitcoin through Strategy marked one of the first significant moves for a company to set up a cryptocurrency treasury as a potential hedge against inflation. 

Cryptocurrencies, London, Banks, Thailand, Bitcoin Regulation, UK Government, United Kingdom, Stablecoin, Companies, Policy
Source: Michael Saylor

London Stock Exchange launches blockchain platform for private funds

The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system.

The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement. It was developed with Microsoft and runs on Microsoft Azure, the exchange said on Monday.

LSEG said the system was designed to provide interoperability between distributed ledger technology and traditional financial systems as part of its goal to become the first global exchange group to support clients across the “full funding continuum.”

Private funds are the first asset class to go live on the DMI, with plans for additional asset classes.

As part of the initial offering, private funds on the DMI will be discoverable by Workspace’s users, enabling general partners to interact with professional investors on these platforms.

Capital management firm MembersCap and London-based Archax, a Financial Conduct Authority-regulated crypto exchange, were the first clients onboarded. MembersCap conducted the platform’s debut transaction with Archax acting as a nominee for the Cardano Foundation.

Millions of Thais wake up to frozen bank accounts

Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend, with innocent people and businesses reportedly caught in the crossfire, leading Bitcoin advocates to jump on the news.

Local news reported over the weekend that banks froze three million accounts and imposed daily transfer limits on all bank customers, with the country’s central bank warning that more people could face freezes as authorities widen their investigation.

Some Bitcoin advocates used the news to promote the cryptocurrency, with tech investor Daniel Batten calling it “free Bitcoin marketing,” while the Thailand Bitcoin Learning Center’s Jimmy Kostro said, “this should be an international story. Thank god for Bitcoin.”

However, while crypto trading is popular in Thailand, the central bank has outlawed the use of cryptocurrencies for payments.