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[News Brief] Apr 22, morning | National Pension Service expands indirect Bitcoin exposure by $40 million through MSTR

South Korea’s National Pension Service has increased its indirect exposure to Bitcoin by $40 million through purchases of MicroStrategy (MSTR) shares. Because MicroStrategy is a publicly listed company with substantial Bitcoin holdings, the stock purchase is widely interpreted as an indirect Bitcoin investment.

[News Brief] Apr 22, morning | National Pension Service expands indirect Bitcoin exposure by $40 million through MSTR

National Pension Service expands indirect Bitcoin exposure by $40 million through MSTR

According to a post on X by a Bitcoin historian, South Korea’s National Pension Service has increased its indirect Bitcoin exposure by an additional $40 million through MicroStrategy (MSTR).

The source cited is @pete_rizzo_. Because MicroStrategy is a publicly listed company that holds a large amount of Bitcoin, the share purchase is interpreted as an indirect investment in Bitcoin.

Hyperliquid founder discusses on-chain derivatives regulation with U.S. policymakers

According to Wu Blockchain, Hyperliquid founder Jeff Yan met with policymakers in Washington, D.C. to discuss regulatory directions for bringing the on-chain derivatives market to the United States.

The discussion focused on global demand for on-chain trading and the core structure of DeFi. Yan said Hyperliquid is working to provide access to U.S. users in a compliant manner.

Previously, Intercontinental Exchange and CME Group had asked U.S. regulators to restrict Hyperliquid.

CZ says 70% to 80% of capital is still invested in blockchain

According to Wu Blockchain, Binance founder Changpeng Zhao said during a speech at Consensus Miami 2026 on May 7 that he and YZi Labs still allocate 70% to 80% of their capital to the blockchain sector.

Zhao said blockchain remains their core area of expertise and predicted that AI agents will significantly increase payment demand. He explained that blockchain is a more natural payment tool for AI agents.

He also said exchanges must prepare for the AI agent era. Instead of users manually entering charts, prices, and order sizes, exchanges should allow users to review portfolios and execute trades through natural language instructions.

Bitcoin long-term holder supply rises to 15.26 million BTC

According to Wu Blockchain, CryptoQuant analyst Darkfost said Bitcoin long-term holder supply has risen to about 15.26 million BTC, the highest level since August 2025.

Over the past 30 days, long-term holder supply increased by about 316,000 BTC. This contrasts with the net outflow of about 650,000 BTC from long-term holder wallets seen in late November last year.

An increase in long-term holder supply is generally interpreted as a signal of reduced sellable supply.

Aave updates rsETH recovery plan and restores WETH collateral conditions

According to Wu Blockchain, Aave has updated its recovery plan related to rsETH and restored the loan-to-value ratio for WETH on affected networks to pre-incident levels.

With this measure, users can once again borrow against WETH as collateral, and collateral and debt swap functions have resumed. Aave had previously adjusted certain collateral conditions for risk management following the rsETH-related issue.

$61.94 million liquidated in crypto futures market over 24 hours

Odaily, citing CoinAnk data, reported that a total of $61,943,900 in combined long and short positions was liquidated in the crypto futures market over the past 24 hours.

Long liquidations amounted to $32,667,400, while short liquidations totaled $29,276,500. Bitcoin (BTC) liquidations came to $17,412,000, and Ethereum (ETH) liquidations reached $8,449,000.

Vijay Boyapati says sovereign demand for Bitcoin could grow

Source @pete_rizzo_: Bitcoin advocate Vijay Boyapati argued that demand for Bitcoin from nation-states could increase as trust in gold and U.S. Treasuries becomes more difficult to maintain.

He cited storage and trust issues with gold, and the possibility that U.S. Treasuries can be frozen through sanctions. However, the remarks reflect a personal opinion, and there has been no confirmation of actual state-level Bitcoin purchases or policy changes.