Stocks

Micron Technology (MU) shares plummeted on March 30, 2026, dropping 9.88% to close at $321.80. The sell-off marks a brutal continuation of a post-earnings slide that has seen the stock crater 30% since its blowout report on March 18. Despite reporting record-breaking revenues, Micron is now the victim of a massive shift in investor sentiment as the market transitions from fearing AI chip scarcity to fearing AI memory efficiency.

Nakamoto Inc. (Nasdaq: NAKA) said it sold about 284 BTC for $20 million in March at a price below its average acquisition cost. The firm plans to deploy the proceeds into its core businesses and to restore working capital after recent mergers. In 2025, it reported $166.2 million in fair-value losses on crypto holdings and a net loss of $52.2 million.

On Monday, Michael Saylor shared an AI-made ad promoting Strategy Inc.’s STRC preferred stock, which later passed 1.67 million views on X. The spot pitches early retirement via monthly dividends from STRC, described as an ~11.5% annualized payout, while also warning it is not FDIC-insured and is exposed to bitcoin volatility. Viewers largely mocked the video’s production and optics, with some traders calling it a late-cycle “top signal,” while a smaller group defended it as attention-grabbing marketing.

Strategy said in an SEC Form 8-K dated March 30, 2026 that it made no bitcoin purchases and sold no shares during March 23, 2026 to March 29, 2026. The filing also lists holdings of about 762,099 BTC acquired for $57.69 billion at an average of approximately $75,694 per bitcoin, inclusive of fees and expenses. Separately, Michael Saylor shared X posts highlighting STRC’s reported 11.5% dividend yield and about 2% 30-day volatility versus bitcoin at 50%.

American Bitcoin Corp. (Nasdaq: ABTC) said its corporate treasury exceeded 7,000 BTC on Sunday, after disclosing the milestone on Monday. With bitcoin near $67,500, the stash is valued around $473 million to $475 million, and the miner reported it has scaled to roughly 89,000 machines producing about 28.1 EH/s after buying 11,298 ASICs in early March 2026.

Bitmine Immersion Technologies said it added 71,179 ETH in the week ending March 29, worth over $140 million at roughly $2,005 per token. Over the same March 23–29 window, Strategy disclosed it made no Bitcoin purchases and did not issue shares via its at-the-market program. Both firms hold about 3.6%–3.9% of their network supply, but their treasury approaches and mNAV multiples differ.

U.S. spot Bitcoin ETFs recorded about $296 million in net outflows from March 24 to March 27, after starting the week with $167.2 million of inflows. The heaviest pullback came on Friday, when total outflows hit $225.5 million, with BlackRock's IBIT cited as the main source of redemptions.

The CBOE Volatility Index ended Friday at 31.05, rising 13.16% on the session to its highest close since late 2025. Gold hovered near $4,491 per ounce and silver rebounded to $69.82 as investors sought havens amid Middle East-related supply concerns around the Strait of Hormuz. Brent and WTI were recently trading in a $99 to $115 per barrel range, keeping inflation and 2026 Fed-rate expectations in focus.

Johns Hopkins economist Steve Hanke said in a recent interview that the U.S. is losing leverage in the Iran conflict and is "functionally insolvent." He pointed to a sharp drop in Strait of Hormuz throughput, claimed the Iranian rial has risen 6% since the war began, and cited federal figures showing about $6 trillion in assets versus roughly $48 trillion in on-balance-sheet liabilities and around $136 trillion including Social Security and Medicare.

BNP Paribas said it will start offering six exchange-traded notes linked to Bitcoin and Ethereum on March 30. The ETNs are issued by firms including BlackRock, Invesco, WisdomTree, and VanEck, and the bank says the lineup is fully MiFID II compliant while being offered in response to client demand.