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Bitcoin falls below $83,000 as dollar strength keeps markets on edge

Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.

By James Van StratenEdited by Jamie Crawley
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BTC Price (CoinDesk Data)
BTC Price (CoinDesk Data)
James Van Straten
James Van Straten
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Strategy (MSTR) acquires 250 bitcoin for $21.5 million last week

Strategy MSTR$154.72 acquired 250 bitcoin for $21.5 million last week, while spending $192.4 million repurchasing its variable-rate preferred stock, STRC.

The bitcoin purchases, made between Oct. 5 and Oct. 11 at an average price of $86,194 per coin, brought its total holdings to 848,250 BTC. Strategy has spent approximately $64 billion at an average cost of $75,444 per bitcoin.

The company funded the purchases with $21 million in net proceeds from selling 125,183 MSTR shares through its at-the-market (ATM) offering program, alongside $500,000 from its cash balance.

Strategy also repurchased approximately 1.93 million STRC shares, leaving $354.8 million available under its preferred stock repurchase program.

MSTR shares are up 1% pre-market

James Van Straten
James Van Straten
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Markets start the week cautiously as U.S. dollar and bond yields stay firm

Markets are making a cautious start to the week, with bitcoin trading just above $83,000 and gold around $4,180 an ounce, both down roughly -0.5%. Tech futures are slightly lower, while WTI crude is edging higher above $92 a barrel. Bond yields are also ticking up as bond prices fall, following a brief recovery in the second half of last week that saw TLT, the long-dated U.S. Treasury ETF, gain more than 2%. The dollar remains firm, with the DXY index above 102.4.

Wednesday’s U.S. inflation report is the week’s key macroeconomic event. Annual core inflation is expected to come in at 2.5%, while headline inflation is forecast at 3.7%, which would mark a reacceleration from the previous month.

IREN IREN$35.77, which has repurposed from bitcoin mining into AI infrastructure, has secured a multiyear cloud services agreement with artificial intelligence firm Anthropic, according to The Information. IREN shares are up 4% pre-market.

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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

By CoinDesk Research
Sep 24, 2026
Commissioned byRealFi

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

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