Happy Wednesday!

Bitcoin has turned a page and kicked off ‘Uptober’ with force: here’s why $117,000 may be just the start of a bigger rally.

Metaplanet has bought over 5,000 BTC for its Bitcoin treasury and isn’t done buying yet: here’s the latest from ‘Asia’s MicroStrategy.’

Plus, if you’re interested in learning how to trade the government shutdown for free this week with an institutional strategist, check out Matt Maley’s Inner Circle.

TOP STORY

Bitcoin Explodes To $117,000 As ETH, XRP Rally On First Day Of 'Uptober'

Bitcoin has kicked off October on a bullish note with a surge above $117,000, prompting traders to outline strategies for the month amid ongoing macro volatility.

A prominent analyst highlighted that 11 of the last 15 Octobers (~73%) closed green. Adding the condition that September closed green raises the probability to 85%, surpassing the 80% confidence threshold.

Are we in for another ‘Uptober’?

Read the full scoop here.

SPECIAL OFFER

How To Trade The Government Shutdown For Free This Week

When headlines hit, timing is everything. That’s why Matt Maley is giving traders free access to his real-time trade alerts, daily commentary and live chat room during this critical week. With Washington on the brink, this is your chance to follow an institutional strategist as he sets up for the next big moves.

Start Your 7 Days Free

QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are rallying, and the government shutdown has not stopped bulls thus far: here’s what’s driving the market today.

Michael Saylor praised the virtues of Bitcoin in a fresh long-form interview: here’s how he sees Bitcoin revolutionizing finance.

VisionSys is the latest company with a crypto treasury, but its announcement to purchase SOL has tanked its stock: here’s what happened.

SPECIAL EVENT

One Day. One Room. Infinite Possibilities.

Looking for your next partnership, investor or spark of inspiration? On November 10, 2025, the Benzinga Fintech Day & Awards returns to NYC to connect the most influential names in financial technology. Meet innovators, decision-makers and investors who are actively shaping the next wave of fintech disruption. From networking, cutting-edge insights and a prestigious awards ceremony — it’s the one fintech event you can’t afford to miss.

Join the innovators moving the industry forward — register now.

FINTECH FOCUS

Metaplanet Adds 25,555 BTC As Bitcoin Surges To $116,000

Japanese firm Metaplanet Inc. disclosed a purchase of 5,419 BTC at an average of ¥17.28 million ($115,633) per coin, spending ¥93.65 billion ($637 million).

This brings its total holdings to 25,555 BTC, accumulated at an average cost of ¥15.58 million ($106,000).

The company has aggressively expanded its treasury since March, when it held just 4,000 BTC, and now ranks among the largest corporate holders globally. 

Its roadmap includes scaling to 1% of Bitcoin’s supply by 2027, backed by more than ¥500 billion ($3 billion) in raised capital.

Will this fuel Bitcoin’s ‘Uptober’?

Read the full scoop here.

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.