The price surge implied that the token could debut with a market cap of over $500 million.

The company is behind BITB, the fourth largest ETF by BTC under management, with over 30,000 BTC in holdings.

BlackRock's tokenized money market fund built on Ethereum blockchain has attracted over $240M in inflows since its debut a week ago.

The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.

DOGE prices tend to move on speculation about the token's use on X, the Elon Musk-owned social media giant.

The bitcoin ETF market registered net inflows of $243.4 million as BTC teased a return north of $72,000 a week after sinking below $63,000.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 28, 2024.

Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.

If history repeats itself, an even more bullish period for bitcoin and crypto markets could be on the horizon in the months following the halving,

The Bitcoin Cash halving is expected on Apr.4, blockchain trackers show, and has historically preceded price bumps.