Today in crypto, Michael Saylor’s Strategy acquired 13,927 Bitcoin for $1 billion last week, Aave Labs has been granted $25 million in stablecoins, alongside a token allocation of 75,000 AAVE by its DAO, and Coin Bureau analyst Nic Puckrin says the week-old Bitcoin recovery is fragile.
Strategy buys $1 billion of Bitcoin, holdings near 800,000 BTC
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin (BTC), added a large haul of Bitcoin to its stash last week, edging toward 800,000 BTC in total holdings.
Strategy acquired 13,927 Bitcoin for $1 billion between April 6 and 12, according to an 8-K filing with the US Securities and Exchange Commission on Monday.
The purchases were made at an average price of $71,902 per coin, marking another purchase below the company’s average acquisition price of $75,577.
Strategy now holds 780,897 BTC on its balance sheet, acquired for a total cost of $59.02 billion. The company has 19,103 BTC left to reach 800,000 BTC after buying more than 107,000 BTC so far this year.
Saylor teased the latest purchase in an X post on Sunday, sharing a chart of Strategy’s Bitcoin purchase history showing 105 acquisitions since 2020, a pattern often seen ahead of new BTC buys.
Aave DAO approves $25 million funding grant, token allocation for Aave Labs
Aave Labs, the core development team behind the Aave protocol, has been granted $25 million in stablecoins, alongside a token allocation of 75,000 AAVE by its decentralized autonomous organization (DAO) as part of the “Aave Will Win” framework.
The vote passed Saturday with nearly 75% in favor. The stablecoin allocation will be paid in installments over 12 months, while the 75,000 AAVE tokens will vest linearly over four years, according to the governance dashboard.
The Aave Will Win framework aims to accelerate the protocol’s growth, with the DAO funding development and Aave Labs focusing on building and scaling. The stablecoins directly fund Aave Labs' operations, while the token allocation serves as an incentive for developers to help grow the protocol.
Other elements of the framework, including the growth and development grants tied to specific product launches and milestones, will have separate governance proposals.
Aave is one of the largest DeFi protocols in the industry, with its total value locked exceeding $25 billion, DeFiLlama data shows. The framework marks a major shift in funding allocation.
BTC recovery fragile, Iran war fallout to “dominate” markets in 2026: Analyst
Now almost a week old, the Bitcoin (BTC) recovery is “fragile” as the crypto market faces geopolitical and macroeconomic headwinds from the ongoing war in the Middle East, according to Nic Puckrin, a crypto market analyst and founder of the Coin Bureau media outlet.
“Even if the war ends now, its repercussions will likely be the story of 2026, and certainly the dominant narrative for Q2. I don’t expect to see a rate cut until late Q3 or Q4, if at all,” Puckrin told Cointelegraph.
If Bitcoin closes the week above $71,000, it could signal continued upside for BTC, with resistance forming around the $74,000 level, he said.
The ongoing conflict hascaused an inflationary spike, according to the US Bureau of Labor Statistics (BLS) Consumer Price Index report, published on Friday, chilling hopes of further interest rate cuts in 2026. Rate cuts or credit easing tend to stimulate asset prices.
