Vanguard's ETF makes its first purchase of 4.5 million shares of Metaplanet.

Strategy has not increased its Bitcoin holdings in the past week.

Your day-ahead look for Oct. 26, 2026

According to filings with the U.S. Securities and Exchange Commission, Strive entered into an agreement on October 26 with seven institutions, including Cantor Fitzgerald and Barclays, to sell up to $1 billion worth of 15.00% Series A perpetual SATS preferred stock through an ATM program. The preferred stock completed its IPO on October 20, with 7 million shares currently outstanding, a liquidation preference of $100 per share, and an annualized dividend yield of 15%. Strive plans to use the net proceeds to purchase Bitcoin and related products, replenish working capital, purchase income-generating assets, and repurchase shares.

[Canada Releases Draft Stablecoin Regulations, Prohibiting Issuers from Paying Returns to Holders] On October 24, Canada released a draft stablecoin regulation in the Canada Gazette, prohibiting issuers from paying direct or indirect returns to holders. The draft requires non-financial institution issuers to register with the Bank of Canada and hold a 1:1 reserve of high-quality liquid assets in banks. Banks, trust companies, and other entities subject to prudential regulatory bodies are exempt from this framework; bank tokenized deposits can still pay interest. The draft has entered a 60-day consultation period, and the Canadian Ministry of Finance expects the rules to take effect in 2027. The Canadian Bankers Association supports the return ban, while Stablecorp CEO Kesem Frank advocates following the US model and allowing partial rewards. (Source: Cryptopolitan)

[Tom Lee: Ethereum Price Could Reach $62,000 in the Next Cycle] Fundstrat co-founder Tom Lee stated that Ethereum has previously increased 50 to 200 times in crypto cycles. Based on a 25x estimate, the price of ETH could reach $62,000, potentially providing returns for BitMine shareholders.