The Iranian Parliament Approves Imposing a Toll on the Strait, to Be Paid in the Iranian Currency

On March 31st, per Onchain Lens monitoring, a newly created wallet deposited $4.89M into HyperLiquid and shorted 9,887 ETH with 20x leverage. The position totals $20M, with an opening price of $2,021.63 and a liquidation price of $2,466.02.

**March 31st, per Business Wire: Bitcoin treasury firm Nakamoto released its full-year 2025 financial report on March 30, disclosing it sold approximately 284 BTC in March 2026 for roughly $20 million (average selling price ~$70,422). The proceeds will fund a dedicated USD operational reserve to cover strategic integration activities, Kraken loan interest payments, and other short-term liquidity needs.** **Per the report, the company’s weighted average cost of Bitcoin holdings is $118,171 per coin, while Bitcoin’s market price as of December 31, 2025, was just $87,519. This led to a full-year loss of $166.2 million due to fair value changes in its digital assets. At year-end, Nakamoto held 5,342 BTC total.** **The firm emphasized it still views Bitcoin as a long-term strategic reserve asset, clarifying the sale is solely for short-term liquidity management—not a strategic shift.**

March 31: Onchain Lens data shows a newly created crypto wallet received 450 BTC from FalconX, valued at roughly $30.27 million.

On March 31, F2Pool co-founder Wang Chun shared that in 2015, he bought an apartment in Naklua—north of Pattaya—using 2,900 bitcoins. It was his first ever home. At the time, many Chinese miners were still riding the early crypto market boom and hadn’t yet faced the subsequent regulatory crackdown, while Wang first experienced true freedom in Pattaya. It was also there that he built and launched the Zcash mining pool himself. Yesterday, he sold the same apartment for 7 bitcoins.

U.S. officials told The Wall Street Journal on March 31st that President Trump has informed his aides he’s willing to end U.S. military action against Iran even if the Strait of Hormuz remains mostly closed. This move could let Tehran maintain firm control of the vital waterway, leaving the complex task of reopening it to future efforts. In recent days, Trump and his team have assessed unblocking the key passage would escalate the conflict beyond his 4-6 week timeline. Trump has set the U.S.’s primary goal as weakening Iran’s navy and missile stockpiles, gradually winding down the ongoing conflict, and pressuring Iran via diplomacy to restore free trade. Officials say if diplomatic efforts fail, Washington will push European and Gulf allies to lead the strait’s reopening. Trump could also resort to a military option, but it is not his current priority. (FXStreet)

March 31 (The Block) — Bitcoin miner Bitdeer said Monday it’s partnering to build Norway’s largest AI data center. Bitdeer’s subsidiary Tydal Data Center AS (TDC) has contracted with Norwegian firm Data Center Installations AS (DCI) to “construct and retrofit” an existing facility for Nvidia’s latest Vera Rubin AI technology. Once complete, the data center will “primarily” support the technology’s operational needs. TDC co-founder and chair Haakon Bryhni noted: “Retrofitting the Tydal facility for large-scale AI deployment is a key part of Bitdeer’s global strategy to meet booming AI data center demand. This puts TDC at the forefront of the AI revolution—delivering sustainable, capital-efficient growth while creating local value.” The collaboration marks Bitdeer’s latest push to accelerate its AI shift. The company recently disclosed it’s liquidated its corporate Bitcoin holdings and plans to raise $300 million via a private placement of convertible preferred notes. As Bitc