ChainCatcher news, a piece about Strategy (formerly MicroStrategy) possibly being forced to sell Bitcoin has attracted widespread attention on X. The news states that according to the 8-K form submitted by Strategy to the SEC on April 7, if the price of Bitcoin continues to decline, the company may be forced to sell its Bitcoin holdings to repay debts, breaking Michael Saylor's promise of "never selling Bitcoin."Upon verification, this interpretation is misleading. The phrase "may be forced to sell Bitcoin" mentioned by Strategy in the 8-K form is actually a standardized risk disclosure clause, rather than the company's actual intentions or actions to be taken.Such risk disclosures are extremely common in the financial reports of publicly traded companies, especially for those holding significant amounts of specific assets. In fact, this phrase has not appeared for the first time; similar statements have been present in Strategy's financial reports over multiple past quarters. In the Q1 2024 filing, the same risk warning statement was already present.

ChainCatcher news, according to the 8-K form submitted by Strategy (formerly MicroStrategy) to the U.S. Securities and Exchange Commission (SEC) on April 7, if the price of Bitcoin continues to decline, Strategy may be forced to sell its Bitcoin holdings to meet debt obligations, breaking Michael Saylor's promise of "never selling Bitcoin." In the 8-K form, Strategy mentioned, "Since Bitcoin constitutes the vast majority of our assets on the balance sheet, if we are unable to obtain equity or debt financing on favorable terms (or at all) in a timely manner, we may be forced to sell Bitcoin to fulfill financial obligations, and may have to do so at prices below cost or at other unfavorable prices."Since Trump won the election in November 2024, Strategy has purchased 275,965 BTC at an average price of $93,228 (totaling $25.73 billion), and this portion has incurred a floating loss of $4.6 billion.According to StrategyTracker data, Strategy currently holds 528,185 BTC, with an average cost of $67,458, valued at $40.119 billion.

ChainCatcher news, according to Cointelegraph, CryptoQuant's research director Julio Moreno stated that Bitcoin has retraced 26.6% from its peak of $109,500, approaching the largest decline of this bull market. Although it is not as severe as the bear markets of 2022 (-73%) and 2018 (-83%), the analysis firm ecoinometrics pointed out that against the backdrop of the Nasdaq being flat year-on-year, the difficulty of BTC's rebound has increased, and the risk of further retracement remains.As a result, Strategy did not increase its BTC holdings from March 31 to April 6, with a total investment of $35.65 billion, achieving only a 17% return. In addition, if BTC closes below the 50-week EMA this week, it may signal the start of a bear market, with the current key support level being in the range of $65,000 to $69,000.

ChainCatcher news, U.S. stock market opens, the three major indices open sharply lower, the Dow Jones down 2.8%, the S&P 500 down 3.3%, and the Nasdaq down 3.9%.Tech stocks are hit hard, Tesla (TSLA.O) down 6.7%, Nvidia (NVDA.O) down about 7%, Strategy down 10.14%, Coinbase down 7.97%.

ChainCatcher message, according to monitoring by Lookonchain, Strategy currently holds 528,185 bitcoins (approximately $40.43 billion), with an average purchase price of $67,458, resulting in an unrealized profit of about $4.8 billion.It is worth noting that since Trump won the election in November 2024, Strategy has purchased 275,965 bitcoins (approximately $25.73 billion) at a peak price of $93,228, and this portion of the holdings is currently at a loss of about $4.6 billion.

ChainCatcher news, according to market news, Strategy's unrealized losses in digital assets reached $5.91 billion in the first quarter of this year.The company purchased 80,715 bitcoins in the first quarter, worth $7.66 billion, at an average price of $94,922 per coin.In addition, its outstanding debt as of March 31 was $8.22 billion.

ChainCatcher news, according to market news, Strategy did not purchase any Bitcoin from March 31 to April 6.

ChainCatcher news, according to market news, the American financial services company First Trust, focused on issuing exchange-traded fund products, has launched its first Bitcoin strategy ETF.

ChainCatcher news, Bitwise announced on platform X the launch of three ETFs tracking the options income strategies of Strategy, Coinbase, and MARA, namely: Bitwise MSTR Options Income Strategy ETF (IMST), Bitwise COIN Options Income Strategy ETF (ICOI), and Bitwise MARA Options Income Strategy ETF (IMRA).It is reported that ICOI, IMRA, and IMST are distributed by Foreside Fund Services, LLC, which has no affiliation with Bitwise or any of its affiliates.

ChainCatcher news, Zhu Su posted that some large holders with significant amounts of cryptocurrency spot are adopting the strategy of "selling spot/buying perpetual options," enticing market makers to operate in reverse. Subsequently, these large holders deliberately cause long perpetual options to be liquidated, thereby obtaining a more favorable exit than directly selling spot in the market.Meanwhile, crypto investor VIKTOR pointed out that the market capitalization of many tokens may be artificially maintained at high levels. He cited the example of the ACT token, which plummeted from a market cap of $200 million to $100 million in just a few minutes, and then continued to drop to $60 million, evaporating about 70% of its market cap within 24 hours.This incident has once again raised concerns in the market about cryptocurrency price manipulation and the authenticity of market capitalization, serving as a warning to investors to pay attention to potential artificial interventions in the market.

ChainCatcher news, according to on-chain analyst Lookonchain (@lookonchain), Binance exchange recently updated the leverage and margin levels for multiple tokens including ACT, resulting in a forced liquidation of a giant whale's position. The whale's address was liquidated at an ACT price of $0.1877, with losses reaching up to $3.79 million. Since then, the price of the ACT token has subsequently plummeted by over 50%, and market volatility has intensified.

ChainCatcher news, Metis has launched a dual-chain strategy, introducing MetisSDK and announcing the upcoming high-performance chain Hyperion designed for AI-native applications based on MetisSDK.Metis has made further strategic announcements regarding its dual-chain strategy. Metis aims to provide scalable high-performance solutions for the entire blockchain ecosystem based on MetisSDK. Through the integration of the AI-specific layer Hyperion (HYPE) and the foundational layer Andromeda, a complementary Layer2 ecosystem will be built.Andromeda, as the first step for Metis to build a scalable decentralized infrastructure, has achieved a complete decentralized sequencer node architecture, utilizing Optimistic Rollup technology, focusing on general scenarios (such as DeFi and enterprise applications), ensuring security and decentralization. Hyperion, based on MetisSDK, consists of components such as MetisVM and MetisDB. The Metis SDK provides cross-chain development tools to achieve seamless interaction between the two chains; the METIS token will serve as the native Gas Token for the dual chain.It is reported that the Hyperion testnet is scheduled to launch by the end of April 2025, with the mainnet starting in August. Andromeda will achieve Stage 0 upgrade soon and plans to reach Stage 1 goals by the end of the year.

ChainCatcher news, according to official sources, Strategy has once again increased its holdings by approximately 1.92 billion dollars, acquiring 22,048 BTC at a price of about 86,969 dollars per Bitcoin, achieving a BTC return of 11.0% year-to-date in 2025.As of March 30, 2025, Strategy holds 528,185 BTC, acquired at a price of approximately 35.63 billion dollars, which is about 67,458 dollars per Bitcoin.

ChainCatcher news, according to the official account (@AmericanBTC), American Bitcoin has been officially established and will hold a press conference on April 1 at 20:30 Beijing time (8:30 AM Eastern Time), where co-founder Eric Trump and the Hut 8 leadership team will discuss the company's vision and strategy.In addition, American Bitcoin will also host a Twitter Space at 3:00 AM Beijing time on April 2 (3:00 PM Eastern Time on April 1) to discuss more details.ChainCatcher previously reported that Hut 8 Mining and Eric Trump, the son of former President Donald Trump, announced the establishment of American Bitcoin, aiming to set a new standard for Bitcoin mining.

ChainCatcher news, U.S. stock cryptocurrency concept stocks fell before the market, among which:Strategy down 4.00%;Coinbase down 3.54%;MARA Holdings down 3.69%;Riot Platforms down 3.37%.

ChainCatcher news, according to Onchain Lens monitoring, Strategy-related addresses have transferred 7,383.25 bitcoins (worth approximately 613 million USD) to 3 new addresses.

ChainCatcher news, Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker on the X platform, stating: "Need more orange."According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.