Blockchain data shows a transfer of 1,794 BTC, valued at $122,794,106, from an unidentified wallet to Gemini.

UPDATE: Genius Group has sold its entire Bitcoin reserve to pay down $8.5 million of debt. The company said it intends to reenter Bitcoin later when market conditions are more favourable.

Cango Inc. (NYSE: CANG) said it has completed two financing transactions totaling $75 million. The company closed a $65 million strategic investment through the issuance of 49,242,424 shares of Class A common stock to two entities wholly controlled by Chairman Xin Jin and Director ChangWei Chiu. The transaction closed on March 31, with proceeds settled in USDT. Separately, Cango signed a securities purchase agreement with DL Holdings Group Limited (HKEX: 1709) to issue a $10 million convertible note along with warrants for up to 370,370 shares of Class A common stock. The warrants carry an exercise price of $2.70 per share. Cango said it plans to use the proceeds to fund upstream acquisitions and expand its AI and computing infrastructure. The two sides also signed a memorandum of understanding under which DL Holdings indicated an intention to pursue joint strategic investments with Cango of up to $10 million in cryptocurrency mining facilities and artificial intelligence, subject to due diligence and the execution of definitive agreements.

Empery Digital Inc. (Nasdaq: EMPD), a Bitcoin treasury company, said it has fully repaid its outstanding term loan using proceeds from a recent registered direct offering and the sale of part of its Bitcoin position, according to Business Wire. The company said that since March 27, 2026, it has sold a total of 370 Bitcoin at an average price of about $66,632 per BTC, generating roughly $24.7 million in gross proceeds. Empery Digital said it now holds 2,989 Bitcoin in its treasury. Co-CEO Ryan Lane said the actions are intended to increase financial flexibility amid elevated volatility in the Bitcoin market. The company reiterated its capital management focus on growing Bitcoin holdings per share and reducing the gap between its share price and net asset value (NAV) through opportunistic repurchases when the stock trades below NAV. Management also said it may draw more under its credit facility and, if needed, reduce Bitcoin holdings to help fund future buybacks.

Empery Digital, a Nasdaq-listed bitcoin treasury company, said it sold 370 bitcoin last week for roughly $24.7 million in gross proceeds, bringing its holdings down to 2,989 BTC. The company also reported it has fully repaid its term loan using proceeds from a recent equity financing and the sale of part of its bitcoin position. Empery Digital expects its balance sheet to improve as ongoing interest expenses decline and about 1,800 BTC previously pledged as collateral is released. (Businesswire)

The New Hampshire Business Finance Authority is preparing to sell $100 million of bitcoin-backed bonds, a deal rated "Ba2" by Moody's Investors Service. Bitcoin finished the first quarter of 2026 down 23.8%, its weakest Q1 showing since 2018. In the U.S., federal grand juries indicted 10 foreign nationals linked to crypto market makers over alleged "wash trading" aimed at boosting reported volumes and prices. Liquidity provider and trading firm B2C2 named Solana as its primary network for institutional stablecoin settlement. Australia passed legislation requiring crypto platforms to hold financial services licenses, a major step in formal regulation of the fast-growing sector. Security losses continued to mount. PeckShield said crypto hacks and exploits caused $52 million in losses across 20 major incidents in March. CoinShares began trading on the Nasdaq after completing a $1.2 billion merger with a special purpose acquisition company, bringing the firm into U.S. public markets. Franklin Templeton has reportedly agreed to acquire 250 Digital, a CoinFund spinoff, to broaden its crypto investment lineup. The Uniswap Foundation said current funding should cover operations into early 2027, citing a treasury position of about $85.8 million. Looking ahead, K33 said bitcoin traders are showing "aggressive caution" into the typically low-volume Easter period, pointing to recent weak price action, Iran-led uncertainty, and renewed quantum computing warnings.

Genius Group (NYSE American: GNS) reported its fiscal first-quarter 2026 results for the period ended March 31, according to a GlobeNewswire release cited by ChainCatcher. The company said it has sold its entire Bitcoin holdings and completed a debt restructuring that fully repaid about $8.5 million of debt. Genius Group added that it plans to restart building its Bitcoin reserve once market conditions improve. For the quarter, revenue rose to $3.3 million, up 171% year over year from $1.2 million. Gross profit climbed to $2.0 million, an increase of 228% from $600,000. Net profit totaled $2.7 million. The company attributed the gains to full-scale expansion across its three core segments: Genius School, Academy, and Resorts.

Genius Group (GNS), a U.S.-listed company, reported its first-quarter fiscal 2026 results for the period ended March 31, releasing the update on April 1. The company said it has liquidated its entire Bitcoin holdings and, through a debt restructuring, fully repaid about $8.5 million in debt. Management added it plans to resume building its Bitcoin reserve once market conditions improve. For the quarter, revenue climbed to $3.3 million, up 171% year over year from $1.2 million. Gross profit rose to $2.0 million, a 228% increase from $600,000. (GlobeNewswire)

Bitcoin posted a roughly 2% gain in March, breaking a five-month streak of monthly declines and marking its first positive monthly close after the longest sustained downturn since 2018, Cointelegraph reported. The rebound has revived debate over a potential trend shift. Historical patterns suggest that rallies can follow prolonged drawdowns: in 2019, a similar multi-month decline preceded an advance of about 300%. Some analysts say this cycle may have already set a "stage" bottom near $60,000. April seasonality is less clear. Since 2013, April has typically delivered gains, but in recent years the odds of a pullback have increased when March ends higher, leaving the near-term outlook uncertain. BTC is trading around $68,000. The first key resistance sits at $69,000–$70,000, with additional supply seen in the $70,000–$72,000 zone. A sustained breakout could open the door to $76,000 and potentially $80,000. Failure to clear those levels could keep prices in a range.