MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

On February 13, Yonhap News reported that South Korea’s Mirae Asset Group will invest 133.5 billion Korean won (about $93.82 million) to acquire a 92.06% stake in Korean crypto exchange Korbit via its subsidiary Future Asset Consulting. The deal covers 26.91 million shares and includes Future Asset purchasing all stakes held by NXC (Nexon’s parent company) and SK Planet (a SK Square subsidiary).

February 13: Bitcoin rebounded to push above $67,000, per HTX market data, last trading at $67,054.75.

**Bitcoin News Brief** On February 13, Robert Mitchnick—BlackRock’s Global Head of Digital Assets—told attendees at the 2026 Bitcoin Investor Week that institutional investors, sovereign nations, and banks are buying Bitcoin amid its recent dip. Mitchnick also addressed rumors that an IBIT hedge fund default triggered a Bitcoin selloff, clarifying the misunderstanding that the fund was disrupting the ETF to drive volatility. “That’s not what we’re seeing,” he said. “Last week’s Bitcoin market was clearly turbulent, but IBIT (BlackRock’s Bitcoin ETF) saw just 0.2% in total redemptions. If hedge funds were aggressively unwinding arbitrage trades in the ETF, we’d expect billions in outflows. Instead, we saw billions in liquidations on leveraged perpetual swap platforms. The ETF itself remained very stable, and its investor base leans heavily toward long-term buy-and-hold holders.”

February 13 — Alex Odagiu, partner at Yzi Labs, has accused the board of directors of CEA Industries of “extremely reckless” conduct in delaying its annual general meeting (AGM), a move that could risk Nasdaq delisting. The letter notes more than 400 days have passed since the company’s last shareholder meeting (December 17, 2024). The board attempted to extend the meeting interval to 16 months via an “accounting maneuver” that shifted the fiscal year-end to April 30. Odagiu alleged the board’s actions were aimed at avoiding a shareholder vote. Last December, he said, the board used a “skiing holiday” as cover to block shareholder democracy—implementing a poison pill plan and amending corporate bylaws. While the board may have sought technical compliance, the letter emphasized its “malicious manipulation” could trigger Nasdaq’s delisting discretion. Yzi Labs is demanding the board immediately announce the 2025 AGM date and halt actions jeopardizing the company’s listing sta

February 13th Chinese analyst Murphy notes Bitcoin’s Long-Term Holder Realized Profit/Loss Ratio (LTH-RPRL) has fallen below 1 for the first time in the current cycle — the last such occurrence was May 9, 2022. The Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) has also dropped below 1, meaning long-term holders (LTHs) are not only in overall losses but also continuously selling at a deficit. Murphy states current market sentiment is extremely fragile, with the prevailing mood being “ignore good news, amplify bad news.” During this phase, an event often escalates panic and triggers a collapse in LTH sentiment — a pattern he identifies as the final tremor of every bear market. Historically, when LTH-RPRL falls below 1, Bitcoin’s likelihood of entering a “deep bear market mode” increases significantly. Importantly, “deep bear” here refers to a prolonged period of decline, not sharp price drops.

February 13 (Reuters) — Strategy underwriter Clear Street announced a delay of its planned U.S. IPO scheduled for Friday due to "poor market conditions." The firm also slashed its Nasdaq IPO fundraising target from an initial $1.05 billion to $364 million. Following the reduction, Clear Street is valued at approximately $7.2 billion, down from its prior target valuation of $11.8 billion. In recent years, Clear Street has emerged as a top underwriter for cryptocurrency-related stock offerings, serving several crypto treasury firms—including multiple stock offerings for Strategy—and acting as an underwriter for Trump Media & Technology Group.