Bitcoin Buying Spree Continues: Monday Purchase Pushes Holdings to Record 640,418 BTC

Another Monday, another massive Bitcoin acquisition—the strategy keeps stacking sats while traditional markets sleep.

The Relentless Accumulation

They're not just dipping toes—this is full-scale digital gold rush territory. With holdings now at 640,418 BTC, the message screams louder than any financial advisor's cautious warnings.

Monday Momentum

While stock traders sip their morning coffee, Bitcoin buyers are executing seven-figure purchases. The pattern's become as predictable as Wall Street's quarterly earnings calls—just significantly more profitable.

The Institutional Shift

Forget your grandfather's treasury bonds—this is the new reserve asset play. Traditional finance veterans would call it reckless; forward-thinkers call it inevitable.

Because nothing says 'confidence' like buying digital assets while the SEC still debates what they actually are. The future's arriving—and it's not waiting for regulatory approval.

1. Stock Futures Gain to Kick Off Busy Week of Earnings Reports

Stock futures are gaining ground at the start of of a busy week for corporate earnings, after major indexes rose last week despite a volatile stretch of trading fueled by banking sector worries and trade-related tensions. Investors are awaiting further developments on the trade front and awaiting the scheduled release on Wednesday of inflation data that will factor into the Federal Reserve's upcoming decision on interest rates. Futures tied to the Dow Jones Industrial Average were up 0.2% recently, while those linked to the benchmark S&P 500 and the tech-focussed Nasdaq added 0.3% and 0.4%, respectively. Gold futures were up nearly 2% at $4,295 an ounce, rebounding from a downturn on Friday that followed a string of record highs. Bitcoin (BTCUSD) was trading near $111,000, after dropping below $104,000 on Friday. The yield on the 10-year Treasury note, which affects borrowing costs on an array of consumer loans, held steady at 4.01%.

2. Amazon Web Services Outage Brings Down Several Major Websites

Several major websites went down after cloud platform Amazon Web Services experienced major outages early Monday. The  outage affected several Amazon (AMZN) services, including Alexa, while also reportedly creating disruptions for Disney+, Lyft, the New York Times, Reddit, Ring, Snapchat, Reddit, Ring, Robinhood, T-Mobile, United Airlines, Venmo, Verizon, gaming site Fortnite, OpenAI’s ChatGPT, Epic Games Store, AI model Perplexity and the McDonalds app. Shares of Amazon were little-changed in premarket trading. The shares have lost 3% since the start of the year, making Amazon the only member of the Magnificent 7 group of major technology stocks to be in negative territory in 2025.

3. Apple iPhone 17 Sales Outpacing Prior Model

Apple’s (AAPL)  iPhone 17 model outsold the iPhone 16 by 14% during the first ten days of sales in the U.S. and China, the two markets that make up the bulk of the company’s phone sales, according to Counterpoint Research. The report said that improvements to the iPhone 17 provided value that helped draw in more buyers. “A better chip, improved display, higher base storage, selfie camera upgrade – all for the same price as last year’s iPhone 16,” said senior analyst Mengmeng Zhang. The report found that the base model iPhone 17 performed well in China, while the premium iPhone 17 Max saw strong demand in the U.S., with discounts provided by phone carriers helping to spur sales. Apple shares were up 1.5% in recent premarket trading.

4. Proxy Firm Urges Tesla Shareholders to Reject Musk Pay Package

Proxy voting service Institutional Shareholder Services (ISS) is advising Tesla (TSLA) shareholders to vote against a proposed $1 trillion pay package for CEO Elon Musk. The proxy firm wrote that it was concerned about the magnitude and structure of the pay package, which features several lofty benchmarks that include pushing the company’s value to more than $8.5 trillion, well above its current market capitalization of roughly $1.5 trillion. ISS also advised shareholders to reject a proposal for Tesla to invest in Musk’s xAI, the AI company that merged with Musk’s X social media platform earlier this month. Tesla shares, which have gained 33% over the past three months, were up about 1% ahead of the opening bell. The company is scheduled to report earnings on Wednesday.

5. Shares of Medical Device Maker Cooper Rise After Activist Jana Builds Stake

Shares of Cooper Companies (COO) surged more than 5% in premarket trading after activist investor Jana Partners reportedly built a stake in the medical device maker. The Wall Street Journal said Jana is looking for strategic alternatives for the company, including a potential deal to combine the company’s contact lens unit with rival Bausch + Lomb (BLCO). Shares of Bausch + Lomb were down nearly 2% in premarket trading.