Editor's Note: The US-Iran conflict continues, and the impact of localized hot wars continues to put pressure on US stocks and the cryptocurrency market. Crypto mining companies, whether accelerating their AI transformation or holding onto their mining positions, have seen their stock prices decline over the past week. Meanwhile, affected by news such as the potential restrictions on stablecoin yields under the CLARITY Act, Circle's stock price plummeted to below $100; the stock prices of BTC and ETH treasury companies such as Strategy, Bitmine, and Sharplink also fell sharply, hitting monthly lows. Furthermore, Ark Invest, owned by "Cathie Wood," unusually sold off a large amount of technology stocks, crypto ETFs, and cryptocurrency stocks last week. Currently, holding cash may be the best solution to cope with the continued closure of the Strait of Hormuz and the ongoing tensions between the US and Iran.
The following is a summary of last week's cryptocurrency and stock market information compiled by Odaily Odaily. All US stock data is from msx.com .
Amid geopolitical shocks, investors need to take multiple defensive measures.
Investors are repeating their 2022 strategy of "abandoning stocks and bonds and hoarding cash," fueling risk aversion.
To mitigate the risks of a potential war with Iran, investors are selling off stocks and bonds and increasing their cash holdings, a strategy mirroring that employed by Russia after its 2022 invasion of Ukraine. A recent Bank of America survey of fund managers this month showed the largest jump in cash holdings in six years. Meanwhile, JPMorgan strategists said this week that the portfolio adjustments made in response to the conflict may be far from over. A report from the JPMorgan team, led by Nicholas Panigizoglou, stated that as long as geopolitical and macroeconomic uncertainty remains high, current below-historic cash allocations will negatively impact future stock and bond markets. Investors have been simultaneously selling stocks, bonds, and gold, favoring cash holdings. However, compared to the levels seen at the outbreak of the Russia-Ukraine conflict, cash levels in portfolios remain moderate.
Cathie Wood's Ark Invest heavily sold off tech stocks and Bitcoin ETFs last week.
On Thursday, March 27th (local time), Ark Invest sold approximately $41 million worth of Meta stock and over $26 million worth of Nvidia stock. In addition, the company sold approximately $11 million of its own Bitcoin ETF (ARKB) shares, approximately $6.5 million worth of stock in the crypto exchage Bullish, and nearly $5 million worth of stock in Block, a company owned by Jack Dorsey. Ark Invest also reduced its holdings in Alphabet stock by approximately $2.5 million and AMD stock by approximately $7.5 million.
The momentum of a systemic sell-off in US stocks may be waning, and the market is poised for a rebound.
The Kobeissi Letter suggests that the momentum of a systemic sell-off in US stocks may be waning. Algorithm-driven funds, Commodity Trading Advisors (CTAs), sold $85 billion worth of US stocks in the past 30 trading days, the largest 30-day sales volume since the 2020 pandemic, when CTAs sold $105 billion. In comparison, the March-April 2025 correction resulted in $80 billion in sales. CTAs currently hold $37 billion in short positions in US stocks, the third highest level since 2019. Meanwhile, Goldman Sachs estimates that CTAs will buy over the next month regardless of market conditions, suggesting a potential market rebound.
Weekly Updates on Cryptocurrency Stock Companies
Representative listed companies in the BTC Treasury
Last week, global listed companies' net purchases of Bitcoin plummeted 99.93% to $70,000, with Strategy& making a rare zero-purchase in its history.
According to SoSoValue data, as of 8:00 AM ET on March 30, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) last week was $70,000, a decrease of 99.93% compared to the previous week.
Strategy (formerly MicroStrategy) has not announced any purchase of Bitcoin.
Japanese listed company Metaplanet did not purchase Bitcoin last week, marking its eleventh consecutive week without doing so.
In addition, another company purchased Bitcoin last week: British Bitcoin company BHODL announced on March 26 that it invested $72,832 to purchase one Bitcoin.
Swedish health technology company H100 plans to acquire Norwegian companies Moonshot AS and Never Say Die AS in an all-stock transaction, aiming to increase its Bitcoin holdings to 3,501. French Bitcoin asset company Capital B announced the completion of a €2.8 million funding round to further its Bitcoin purchases.
As of press time, the total number of Bitcoins held by listed companies worldwide (excluding mining companies) is 1,023,333, an increase of 0.000098% compared to last week, with a current market value of approximately US$69.39 billion, accounting for 5.1% of Bitcoin's circulating market capitalization.
Representative companies of the ETH Treasury listed companies
Bitmine increased its holdings by 71,100 ETH last week, and now holds 3.92% of the total ETH supply.
Last week, Tom Lee and Bitmine increased their holdings by 71,100 ETH. Bitmine stated that it currently holds 3.92% of the total ETH token supply.
Representative companies of SOL Treasury listed companies
Solana-based financial firm Artelo Biosciences completes $11 million private funding round.
On March 29, Nasdaq-listed Solana treasury company Artelo Biosciences announced the sale of 3,188,407 shares of common stock through a private placement at $3.45 per share, raising a total of $11 million. The new funds will be used for general corporate purposes and to repay some of the transitional debt. According to the latest data from Strategic Solana Reserve, Artelo currently holds 45,883 SOL tokens.
Representative companies of Altcoin treasury listed companies
OceanPal, a US-listed company, disclosed that it holds approximately 51.3 million NEAR tokens.
According to PRNewswire, Nasdaq-listed digital asset management operator OceanPal released its annual financial report, disclosing that its balance sheet holds approximately 51.3 million NEAR tokens, with an additional 2.85 million NEAR tokens used as collateral for derivatives positions.
Hyperion DeFi disclosed holdings of over 1.93 million HYPE, 1.92 million KNTQ, and 1 million HPL.
Nasdaq-listed Hyperion DeFi released its annual financial results, disclosing that as of March 23, its digital asset treasury held over 1.93 million HYPE tokens (approximately $73.9 million based on an average price of $38.2), 1.92 million KNTQ tokens, and 1 million HPL tokens. Hyperion DeFi stated that it earned 8,713 HYPE tokens as rewards through staking in the fourth quarter of last year, a 17% increase from the 7,437 HYPE tokens earned in the third quarter.
Tron, a listed company, reported that its Treasury holdings of TRX exceeded 688.5 million tokens, with an increase of 160,800 TRX on the 26th.
Tron Inc., a publicly traded company, announced that it purchased 160,800 TRX tokens on March 26 at an average price of $0.3109, bringing its TRX Treasury holdings to over 688.5 million tokens. Tron Inc. (TEySE...9mT) plans to further increase its Tron DAT holdings to enhance long-term shareholder value.
SDEV has invested over $100 million to increase its holdings of SKY tokens, bringing its total stake to approximately 8.78%.
Nasdaq-listed NovaBay Pharmaceuticals has changed its name to Stablecoin Development Corporation (stock code changed from NBY to SDEV), and its business has shifted to the field of crypto and stablecoins.
The company previously completed a private placement of approximately $134 million, primarily using the funds to increase its holdings of SKY, the governance token of the decentralized stablecoin protocol Sky. Currently, it holds approximately 2.06 billion SKY tokens, representing about 8.78% of the total supply, with a market capitalization of approximately $147 million. Some of these were purchased on the secondary market at an average price of approximately $0.065 per token. Furthermore, the company has begun staking SKY and earning rewards, having accumulated approximately 26.6 million SKY tokens as staking rewards.
