Bitcoin prices extended their rebound on Thursday as the US’s landmark crypto bill cleared a key hurdle in the Senate and Bitcoin-linked credit products hit a new milestone. Bitcoin price was trading near $81,400, with an intraday high near $82,000, up more than 3% in the past 24 hours, with spot trading volume exceeding $1 billion.
The Senate Banking Committee passed the Digital Asset Market Transparency Act by a vote of 15-9, with Arizona Sen. Ruben Gallego and Maryland Sen. Angela Alsobrooks joining all 13 Republicans. The bill, known as HR 3633, calls for a federal framework for digital asset trading, stablecoins, and intermediaries, splitting oversight between the SEC and CFTC, and establishing registration, disclosure, and compliance rules for exchanges, brokers, and custodians.
Committee Chairman Tim Scott called the markup a turning point after years of crypto companies facing a “regulatory gray area” under rules built for nascent markets, and said he framed the bill as a way to maintain innovation in the United States while tightening regulations on criminal uses of digital assets. Sen. Cynthia Lummis, who heads the committee’s Digital Assets Committee, said the Clarity Act was the most challenging bill of her career and a “first impression case” for making new software-based assets fit into existing financial law.
Ranking Member Elizabeth Warren led the opposition, arguing that the bill weakens securities protections, preempts state anti-fraud rules, and allows banks to build large crypto exposures that are tied to pre-2008 risk patterns.
He said the framework “declares open season” on consumers and labeled it “industry-created” and “not ready” while allies raise ethical and national security concerns related to President Donald Trump’s crypto business, mixers and stablecoins.
STRC and SATA expand Bitcoin credit boom
Against this backdrop, Strategy Inc.’s STRC preferred stock continued to scale up its Bitcoin accumulation program. Bitcoin for corporations‘s live STRC ATM tracker showed total issuance of more than $1.24 billion, with an estimated value of more than $11,709. $BTC At the time of writing, the real yield is 11.5%, and the revenue recovery rate is close to 80%.
This market structure targets 26 times the current daily Bitcoin supply and highlights that ATM issuance has made STRC one of the largest corporate purchasers of Bitcoin in history.
Strive’s SATA preferred stock advanced a unique experiment in yield design. Strive revealed that SATA plans to pay cash dividends every business day starting in June at an annualized rate of 13.00%, which the company estimates will yield an effective yield of nearly 13.88% with daily compounding. SATA maintains a debt-free balance sheet with over 15,000 in debt. $BTC Bitcoin yield in the first quarter of 2026 will be 11.1%.
Bitcoin price fluctuates around $82,000
It was a strong day for Bitcoin prices, Bitfinex analysts wrote: bitcoin magazine They say they are turning their attention to option positioning as the once-dominant funding rate loses its signaling power, pushing Bitcoin prices near the 80,000 zone.
Analysts added that ETF demand and open market accumulation are now driving the move, rather than STRC-linked buying, with long-term “conviction buys” holding nearly 4 million. $BTC This is the strongest two-quarter increase in this group since the COVID-19 crash, and this could pull more Bitcoin out of the circulating supply and lead to higher Bitcoin prices.
This post sends Bitcoin price up 3% above $82,000 as Senate pushes Transparency Act and STRC and SATA fuel Bitcoin credit boom. Originally published in Bitcoin Magazine and written by Micah Zimmerman.
