Solv Protocol is gearing up to introduce an innovative "onchain MicroStrategy" to the DeFi space, aiming to transform Bitcoin from a passive asset into an active financial tool. Co-founder Ryan Chow announced the project, which will focus on creating a yield-generating Bitcoin reserve. Solv plans to achieve this by staking BTC across various blockchain networks and DeFi protocols. Currently, Solv manages over $3 billion in total value locked.

Meanwhile, MicroStrategy continues its aggressive Bitcoin acquisition strategy, planning to raise $42 billion to boost its BTC holdings. This move is part of their "21/21 Plan," aiming to enhance Bitcoin yield and shareholder value.