Storage Concept Stocks Experience Collective Pre-Market Decline, Two Top Bull Whales Hold Steady with Unrealized Gains Still Exceeding One Million

**March 19 — During Alibaba Group’s fiscal 2026 third-quarter earnings call, CEO Daniel Zhang announced that Alibaba Cloud’s external commercial revenue for the full fiscal year had topped 100 billion yuan as of late February. With the AI market demonstrating long-term growth momentum, Alibaba’s five-year AI strategic goal is clear: cloud and AI commercial revenue (including MaaS) will exceed $100 billion over the next five years. (Source: 36Kr)**

March 19 — Strategy has recently ramped up its Bitcoin holdings, putting it on track to overtake BlackRock’s iShares Bitcoin Trust (IBIT) soon, per Bitcoin Treasuries data. As of March 19, 2026, Strategy holds 761,068 BTC (valued at ~$56.2B), narrowing its gap with BlackRock’s 782,170 BTC to just 21,102 BTC. Over the past two weeks, Strategy has acquired 40,331 BTC for ~$2.85B—its largest consecutive Bitcoin buys since January 2026—shrinking the gap significantly. At the current pace, Strategy is poised to overtake BlackRock within 1-2 weeks. Funding for the purchases has come primarily from strong demand for STRC preferred shares. STRC raised $11.8B to support the latest buys (covering ~75% of costs, enabling ~16,753 BTC) and contributed ~30% ($377M) to prior buys (~5,313 BTC). Chaitanya Jain, Strategy’s Bitcoin Strategy Manager, called the move “the most aggressive financial engineering feat to date, pushing the boundaries of Bitcoin capital formation.”

On March 19th, Bitget market data shows crypto-related U.S. stocks saw broad declines in pre-market trading. Key moves include: - Circle (CRCL): Down 2.16% - Coinbase (COIN): Down 1.73% - MARA Holdings (MARA): Down 1.68% - MicroStrategy (MSTR): Down 1.64% - Bitmain (BMNR): Down 1.40% - Robinhood (HOOD): Down 1.36% This rewrite uses concise, bullet-point formatting (common in U.S. financial alerts) and natural phrasing aligned with American English news conventions, while preserving all original data.

Bitcoin fell back to $70k on March 19th. On Polymarket, the odds of "Bitcoin hitting $80k in March" dropped to 17% (down from 42% the previous day). Meanwhile, the probability of Bitcoin falling to $65k in March rose to 46%, while the odds of it dropping to $60k fell to 18%.

**Crypto Market Under Pressure Amid Macro Headwinds (March 19)** CoinDesk reports Bitcoin fell to ~$70,000, Ethereum dropped to $2,160, and the broader crypto market faced downward pressure Wednesday. Two key macro bearish factors overlapped: 1. **Fed Policy**: The Federal Reserve held interest rates steady, keeping the federal funds rate range at 3.50%-3.75% and pausing its rate-cut cycle. This pushed the U.S. dollar higher and weighed on risk assets. 2. **Geopolitical Tensions**: After Israel targeted Iran’s Natanz nuclear facility, Iran struck key Gulf energy infrastructure. Brent crude rose to $114, Oman crude hit $150, and European natural gas futures surged ~25% to over $78/MWh Thursday. ### Derivatives Data - Crypto exchanges liquidated nearly $600 million in leveraged positions over 24 hours, with long positions dominating—signaling the overnight drop caught bullish traders off guard. - Total futures open interest (OI) fell 5.6% to $106.9 billion; Ethereum future

March 19, CoinDesk reported that Galaxy Digital Research Head Alex Thorn stated the quantum computing threat to Bitcoin is real but far from an existential crisis—investors should not confuse a long-term technical challenge with an imminent threat. On the threat front: A sufficiently advanced quantum computer could theoretically derive a private key from an exposed public key, enabling signature forgery and fund theft. Analysis from Project Eleven—a security firm focused on digital asset quantum risk—shows ~7 million bitcoins (valued at roughly $470 billion at recent market prices) qualify as “long-term exposed,” meaning their public keys have been exposed on-chain. However, Thorn emphasized most Bitcoin is not at direct risk now: Exposure only occurs with address reuse, custodians cutting corners, or funds stored in legacy-format addresses. On the response side: Thorn noted Bitcoin developers are advancing multiple solutions, including: - New address types relying on post-quan