In this week’s WuBlockchain Weekly, three developments stand out: Strategy resumed Bitcoin purchases, the SEC chair voiced support for the Clarity Act, and a new Russian crypto law took effect.
Strategy’s Bitcoin buys are tied to cost of capital, not price
The report says Strategy’s renewed BTC buying is driven by its cost of capital rather than spot price, with net debt down and roughly $7 billion in reserves supporting what it describes as a two-way strategy. This aligns with the broader institutional and custody shifts covered in Bitcoin Surge Meets Citi Custody, SEC Crypto Rules and Hyperliquid’s US Push, where corporate adoption and regulatory pressure are reshaping market access.
SEC chair backs Clarity Act as CFTC readies market structure rules
On the regulatory side, the SEC chair’s public support for the Clarity Act adds a new layer to Washington’s market-structure debate. As BTC-Pulse noted in CFTC Chair: Crypto Market Structure Rules Will Come Regardless of Clarity Act Outcome, futures regulators have signaled they will proceed with rules even if the legislative outcome remains uncertain. The latest comments from the SEC chair suggest that clarity may come through parallel agency action as well as legislation.
Russia’s crypto law takes effect and the watchlist expands
WuBlockchain Weekly also tracks the start of Russia’s crypto law, creating new compliance considerations for exchanges and issuers in the region. For market participants, the combination of Strategy’s balance-sheet activity, SEC positioning, and Russia’s framework makes the next regulatory window especially important to monitor.
