Weekly Recap: Bitcoin Investments & Regulatory Developments Dominate

This week’s recap explores key developments in the crypto market, including Strategy’s continued Bitcoin acquisitions, Kraken’s expansion into traditional finance, and a closing of the SEC’s investigation into CyberKongz. 3,459 Bitcoin were added to Strategy’s holdings last week, pushing their total to over 531,000 BTC. Kraken has entered the stock and forex market with commission-free trading, offering new opportunities for US investors. Meanwhile, the SEC concluded its investigation of CyberKongz, leading to a rebrand plan following the regulatory closure. The story highlights the growing influence of institutional players and their strategies in the crypto market.