Treasury Bond Buybacks Boost Bitcoin, While Metaplanet Expands US Treasury Strategy and Cypherpunk Invests in Zcash Mining

Bitcoin surged more than 23% to near $79,000 after the U.S. Treasury announced a plan to double long‑dated bond buybacks, a move described by analysts as a “not‑QE” liquidity boost. The rally also lifted Ether above $2,400.

Treasury’s “not‑QE” program and Bitcoin outlook

Standard Chartered analyst Geoff Kendrick noted that the Treasury’s expanded buyback schedule for 10‑ to 30‑year coupons, running from September 9 to November 4, pushed long‑dated yields lower and sparked a 6% jump in Bitcoin to almost $69,000. Kendrick sees the $65,500 technical level as pivotal and projects Bitcoin could reach $100,000 by year‑end if it holds above that threshold.

Metaplanet’s US treasury strategy

Tokyo‑based Metaplanet plans to acquire a controlling stake in Nasdaq‑listed Super League Enterprise, renaming it Superplanet. The deal will transfer 2,100 BTC and $2.5 million in cash to the U.S. entity. The BTC contribution, valued at roughly $145 million, represents under 5% of Metaplanet’s 43,000‑BTC holdings and comes from its existing treasury.

Cypherpunk’s zcash">Zcash mining expansion

Cypherpunk Technologies purchased a Zcash mining fleet from Winklevoss Capital for $33.33 million, giving the company about 18% of the network’s hashrate (approximately 4.2 GSol/s). The firm also holds 323,394 ZEC, about 1.9% of circulating supply, and aims for a 5% ownership stake.

Regulatory note on AI compute futures

The U.S. CFTC has opened a comment period on proposed futures contracts tied to AI computing capacity, following CME Group’s plan to launch such contracts on October 5, pending approval.