On 10 December 2025, U.S. asset manager Strive said it plans to raise $500 million through a stock offering to expand its Bitcoin-focused treasury strategy. The firm, co-founded in 2022 by Vivek Ramaswamy, already holds about 7,525 BTC and saw its ASST shares gain roughly 3.6% after announcing the planned capital raise. Strive also weighed into debates over index construction, urging that companies with large crypto balance sheets not be excluded from major indices, according to the firm.

On December 10, Strategy Inc., described as the world’s largest Bitcoin treasury company, sent MSCI a formal response opposing its plan to remove Digital Asset Treasury Companies with crypto holdings of 50% or more of total assets from the Global Investable Market Indexes. The firm argues DATs are operating businesses rather than investment funds, the company said in its letter. It warns the 50% threshold is arbitrary and could destabilize the indexes. Strategy urges MSCI to scrap the proposal or extend the consultation for a more thorough review.

On December 10, SpaceX moved 1,021 BTC valued at about $94.48 million. The transfer follows last week’s 1,083 BTC move worth roughly $99.8 million, extending a run of sizable Bitcoin transactions by the company. Bitcoin traded near $91,941 as attention focused on the firm’s on-chain activity.

Fed Chair Jerome Powell's 2:30 pm ET press conference comes as Bitcoin trades near $92,000, with a quoted price of $92,099.28. Traders are watching how his guidance frames the 2025 path, whether signaling two or four cuts, and whether the tone reads as dovish or hawkish for crypto risk appetite.

The Federal Reserve will publish its December rate decision at 2:00 PM ET, with Chair Jerome Powell to follow at 2:30 PM. Bitcoin is trading near $92,000 as markets price an 89% chance of a cut to a 3.50%-3.75% target range. Mixed readings on labor, inflation, and job openings frame the announcement.

A proposed ETF aims to capture Bitcoin’s overnight performance by taking exposure near the U.S. market close and exiting shortly after the opening bell, while holding Treasuries during daytime. Bitcoin is pressing the $92,000–$94,000 resistance band, with traders watching for either a breakout toward $100,000 or a pullback toward the $90,000 area.

Bitcoin has gained more than 1.2% in 2025 and recently rebounded to around $94,000. Rising Japanese government bond yields — with the two-year briefly above 1% and the 20-year near 2.947% — risk pulling hundreds of billions of dollars back home and tightening global liquidity, pressuring Bitcoin, stablecoins and other risk assets. If Japanese yields hold above 2.9%, Bitcoin could drop 5–8% as yen carry trades unwind and investors rotate toward safer markets.

On Tuesday, more than 300 Bitcoin wallets tied to the defunct Silk Road marketplace became active and sent about $3.14 million in BTC to a previously unidentified address. Data show the address "bc1q…ga54" received 33.73706370 BTC, while other long-dormant Silk Road wallets had already moved 3,421 BTC earlier in 2025. The newly transferred funds are still held in private wallets, with no on-chain evidence yet of flows to exchanges.