[ ~/en/digests/2026-10-20 ]cat post.md

GM, bitcoiner — October 20, 2026

20 October 2026

gm

Your morning Bitcoin brief: Strategy’s discretionary cash falls 72% amid STRC buybacks, JPMorgan projects bitcoin will outperform stocks and gold over the next decade, Quantinuum announces a quantum error-correction record and other bitcoin news

Network Stats

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As of Oct 20, 2026, 5:02 AM EDT

MARKET
  Price       $81,502  (-1.44%)
  24h volume  $25.0 bn
  Dominance   59.6%
  Sats / $    1,227

NETWORK
  Block       #972,296
  Hashrate    1,046 EH/s
  Difficulty  +5.50%
  Retarget    9 days
  Halving     540 days  (63.0%)

MEMPOOL
  Fee    1 sat/vB
  TX     45,104
  Size   24.7 MB
  Queue  25 blocks

LIGHTNING
  Capacity  3,754 BTC
  Channels  32,518

Institutions & Treasuries

Strategy’s discretionary cash falls 72% as preferred buyback authorization rises to $3 billion

Strategy spent $193.1 million buying back 1.94 million STRC shares, leaving $447.3 million in discretionary cash, and bought 267 BTC for $22.1 million, its third purchase of October, bringing the month’s spending to $73 million. cryptoslate.com cointelegraph.com

Super League stockholders approve Metaplanet’s 2,100 BTC investment, paving the way for ‘Superplanet’

Japanese bitcoin treasury company Metaplanet is acquiring around 96% of Nasdaq-listed Super League. bitcoinmagazine.com

Strive buys $335M in Bitcoin, boosting holdings to 36,818 BTC

The Bitcoin treasury company added another 1,223 BTC after an earlier purchase pushed it past MARA Holdings, and continues to expand its reserves through equity financing. cointelegraph.com

AnchorWatch launches Nevada trust company, caps Bitcoin custody fees at $10,000 a month

AnchorWatch Trust Company has now opened its custody service. bitcoinmagazine.com

Funds & ETFs

BlackRock files for third Bitcoin ETF, designed to limit losses

The proposed fund would use options and fixed-income investments instead of holding bitcoin directly, cushioning losses while capping potential gains. cointelegraph.com news.bitcoin.com

US Bitcoin ETFs draw $527M, their biggest inflows since September

BlackRock’s IBIT led with $665.2 million in inflows, offsetting withdrawals from Fidelity and Grayscale, while other funds recorded no net flows. cointelegraph.com

Price & Market

JPMorgan projects Bitcoin to outperform US stocks and gold over the next decade

J.P. Morgan Asset Management included Bitcoin in its long-term capital market assumptions for the first time; its 10% annual estimate tops every stock, bond and gold forecast, though it warns volatility and unstable correlations limit Bitcoin’s portfolio role. cointelegraph.com news.bitcoin.com

Technology & Development

btc-verified October update: anchoring a formal model of Bitcoin consensus to the real network

The project has built a minimal formal model of Bitcoin consensus; this month ProofOfKeags tries to anchor it to the live network, since directly verifying Bitcoin Core’s modern C++ is far out of reach with current resources. delvingbitcoin.org proofofkeags.com

Opt-in exposure-aware transaction construction for wallets proposed on bitcoindev

A companion to bitcoin/bips PR #2294, the proposed policy would have a wallet also spend outputs whose public keys a spend would reveal and send change to a fresh, non-exposed condition, preserving resistance to BIP 360 long exposure attacks. mailing-list.bitcoindevs.xyz github.com

Security & Privacy

Quantinuum announces quantum error-correction record, raising stakes for Bitcoin security

The firm says its record 99.9995% logical fidelity strengthens its path toward a commercially viable, fault-tolerant quantum computer by 2029, amid mounting concerns over quantum risks to Bitcoin. news.bitcoin.com

Community

Gyros, cocas and 219 merchants: testing Bitcoin spending in Arizona

Bitcoin Magazine sent first-time users in Scottsdale to see how Bitcoin spending works in practice; setting up a Lightning wallet took seconds. bitcoinmagazine.com

Bitcoin Rap Sheet

UK court jails three men over violent home invasion targeting crypto holder

Bristol Crown Court on Oct. 15 sentenced the men to five to six years for an aggravated burglary in a botched cryptocurrency robbery attempt that left the victim with severe injuries. news.bitcoin.com