The news follows an investigation into the crypto exchange by Polish law enforcement officials and reports of customer withdrawal issues.

Despite the short-term price recovery, Bitcoin remains in a bear market, according to CryptoQuant analyst Julio Moreno.

The provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support for the legislation.

The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from the Strategy founder's previous rhetoric.

The company also announced a new AI energy leasing deal as it continues to diversify into adjacent high-performance computing applications.