Gate Daily Report (January 27): MicroStrategy increases holdings by 2,932 Bitcoins; BlackRock plans to launch a Bitcoin spot ETF

Bitcoin (BTC) short-term rebound is weak, currently around $88,230 as of January 27. MicroStrategy increased its holdings by 2,932 BTC last week, with a total value of approximately $264.1 million. BlackRock plans to launch a new product, Premium Income ETF, offering direct Bitcoin spot exposure.

Macro Events & Crypto Hotspots

1. MicroStrategy added 2,932 BTC last week, valued at about $264.1 million, with an average price of approximately $90,061. As of January 25, 2026, the company holds 712,647 BTC, worth about $54.19 billion, with an average price of approximately $76,037.

2. BlackRock is planning to expand its Bitcoin investment product line by launching new iShares products. According to documents filed with the U.S. Securities and Exchange Commission last Friday, the Premium Income ETF aims to provide direct Bitcoin spot exposure while generating income. Similar to BlackRock’s existing IBIT Bitcoin ETF, this new fund will primarily track Bitcoin’s price by holding actual Bitcoin. Additionally, it will generate income through an actively managed “covered call” strategy.

News Highlights

1. Bitwise launches on-chain treasury via Morpho, aiming to offer up to 6% yield on USDC.

2. A dormant ETH whale, inactive for 9 years, completes liquidation, transferring all remaining 85,000 ETH to exchanges.

3. Senate Agriculture Committee’s crypto legislation negotiations see a turnaround, with Democrats expressing willingness to re-enter talks.

4. SlowMist: Clawdbot gateway exposes risks, with hundreds of API keys and private chat records vulnerable to attack.

5. BlackRock plans to generate returns on Bitcoin investments through the “iShares Bitcoin Premium Income ETF.”

6. Trump: Raises South Korea’s reciprocal tariffs from 15% to 25%.

7. Bitmine purchases 20,000 ETH from FalconX and stakes nearly 185,000 ETH again.

8. SEC and CFTC “Regulatory Collaboration in the Crypto Era” meeting postponed to January 29.

9. U.S. Senate Agriculture Committee to review the Crypto Market Structure Bill on January 29.

Market Trends

1. Latest Bitcoin news: $BTC short-term rebound is weak, currently around $88,230, with $100 million in liquidations in the past 24 hours, mainly short positions.

2. The three major U.S. stock indices closed higher on January 26, with the S&P 500 and NASDAQ rising for the fourth consecutive day, led by large-cap stocks like Apple. Investors await a series of major tech earnings reports and Federal Reserve meetings later this week. The Dow Jones Industrial Average closed up 313.69 points, up 0.64%, at 49,412.40; the S&P 500 rose 34.62 points, up 0.50%, at 6,950.23; the NASDAQ Composite increased 100.11 points, up 0.43%, at 23,601.36.

(Source: Gate)

3. According to Gate BTC/USDT liquidation map, with the current price at 88,312.60 USDT, if it drops near $86,985, total long liquidations exceed $313 million; if it rises to around $88,647, total short liquidations exceed $80.22 million. Short positions are significantly more liquidated than longs. It is recommended to control leverage ratios reasonably to avoid triggering large-scale liquidations during market fluctuations.

(Source: Coinglass)

4. In the past 24 hours, BTC spot inflow was $2.18 billion, outflow was $2.04 billion, net outflow $140 million.

(Source: Coinglass)

5. In the past 24 hours, net outflows led by contracts trading of $ETH, $ZEC, $HYPE, $AXS, $XRP, indicating trading opportunities.

Selected Opinions from X KOL

Phyrex Ni (@Phyrex_Ni): “Market sentiment on Monday is quite good, mainly because Trump’s tariff increase on Canada did not trigger retaliation from Canada and China. Instead, Canada showed signs of retreat, and China did not make clear statements. The market has somewhat eased. However, the Supreme Court’s ruling on Trump’s IEEPA is still pending, especially since the Supreme Court is currently in recess, earliest decision expected by February 20, and Trump must also be in recess before that date.”

“Besides tariffs, interventions in the yen exchange rate and the U.S. government shutdown at the end of the month seem to have limited impact. The most important factor remains the Federal Reserve’s monetary policy. The upcoming policy meeting early Thursday is very likely to keep interest rates unchanged. Let’s see what Powell says. The next meeting is in March. Hopefully, Trump can announce a Federal Reserve Chair candidate before then.”

“Looking at Bitcoin data, although prices declined over the weekend, there was some rebound starting Monday. At least the downside was not further amplified, and turnover is not very high. It’s mainly short-term investors’ activity. Other data still look healthy, with no signs of panic. The chip structure is also normal, with a dense zone between $83,000 and $90,000. Since these are mostly short-term investor movements, it’s too early to confirm a bottoming area. But recently, unless there is systemic risk, the probability of breaking below $83,000 is low.”

Today’s Outlook

1. U.S. January Conference Board Consumer Confidence Index, previous value 89.1