MicroStrategy, recently rebranded as Strategy, may be preparing for another significant Bitcoin accumulation. The company's chairman, Michael Saylor, posted a cryptic message on X featuring the firm's well-known Bitcoin accumulation chart alongside the phrase "The Second Century Begins." This signal has historically been associated with upcoming purchases by the company.
MicroStrategy last expanded its holdings in late February, adding 3,015 BTC for approximately $204 million. This purchase pushed its total treasury to about 720,737 BTC. Notably, Bitcoin's price continues to fluctuate below the company's estimated average acquisition cost of around $75,985 per coin, according to data from SaylorTracker.
Concurrently, the institutional demand for Bitcoin is showing a strong resurgence. Spot Bitcoin ETFs have posted consecutive weeks of net inflows totaling over $1.35 billion, marking the first back-to-back weekly gains in five months. This follows a brutal five-week streak of outflows that saw nearly $3.8 billion exit these products. According to SoSoValue data, these ETFs attracted roughly $568 million in net inflows last week alone, following $787 million the week prior. Spot Ether ETFs also recorded their second straight week of inflows.
This institutional reversal is seen as a major bullish signal for the broader market. Analysts highlight that Bitcoin ETFs have matched roughly 15 years of gold ETF cumulative inflows in under two years, even during a 46% Bitcoin drawdown, indicating resilient structural demand.
Amid this market activity, the presale for the AI-powered project DeepSnitch AI (DSNT) is drawing significant attention. The project has raised over $2 million, with its token price surging more than 180% from its initial Stage 1 price of $0.0151 to $0.04399 in Stage 6. The presale is set to close on March 31, after which the token is confirmed to list on Uniswap, with potential listings on other CEX and DEX platforms to follow.
DeepSnitch AI distinguishes itself by offering five live, functional AI tools within a single dashboard, including real-time whale wallet tracking, on-chain activity monitoring, AI market analysis, smart contract audits, and event-based alerts. The project is also promoting bonus codes for presale participants, such as DSNTVIP50, which can significantly increase token allocations.
Other presale projects mentioned include Dogeball, a GameFi project building on the DOGECHAIN Layer 2, and Little Pepe (LILPEPE), a meme coin with its own Ethereum-compatible Layer 2 that has raised over $28 million. However, the narrative heavily favors DeepSnitch AI due to its operational product and presale momentum.
Regarding major cryptocurrencies, Bitcoin (BTC) has seen a modest 2% pullback over recent weeks, trading around $68,232, but optimism remains strong for a test of the $70,000 level. Dogecoin (DOGE) has slipped 6% over the past month, trading near $0.09, with analysts like Ali Martinez noting it is consolidating inside a triangle formation that often precedes a significant price move.
