Institutional investors

The Department of Justice has secured court authority to seize over $1.2 billion in cryptocurrency stolen from Binance by North Korean operatives, as part of a broader $2.7 billion freeze.

Bitcoin hovered near $71,200 as the 10-year Treasury yield held above 5%. Markets reacted to Nvidia leadership changes, rising yields, and a growing federal deficit while crypto assets faced continued downward pressure.

Jane Street Group expanded its Strategy stake by 53.8% during the third quarter, reaching 4.1 million shares, according to a Form 13F filing submitted to the SEC.

Operation TorNado, an international law enforcement sweep led by the Justice Department and Europol, resulted in 354 arrests and the recovery of $234 million in cash and virtual currencies across global dark web marketplaces.

MSCI is removing Strategy, the largest corporate holder of bitcoin, from the MSCI USA Index by November 30 following a new screening process that categorizes the firm as a non-operating issuer.