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10:29
Michael Saylor: Strategy's asset reserves exceed its debt by 4.8 billion dollars
Michael Saylor reviewed Strategy's Bitcoin strategy: In October 2022, when the Bitcoin price was around $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and a certain exchange's stock price was approximately $24. A few weeks later, Bitcoin fell below $16,000, and the company’s debt temporarily exceeded the total value of its BTC and cash reserves by about $300 million, while the same exchange’s stock price dropped to around $13. Strategy continued to implement its Bitcoin strategy and has raised over $6 billion in new capital to purchase BTC since 2022, increasing its holdings by more than 716,000 BTC. Currently, the value of Strategy’s BTC and US dollar reserves exceeds its company debt by about $48 billion. The company will continue to adhere to a long-term strategy in the future.
10:20
Privacy public blockchain Namada suffers hacker attack and initiates investigation, about 228,500 ATOM transferred out
According to ChainCatcher, the privacy public blockchain Namada has officially announced a vulnerability incident. The team is currently investigating the issue and has contacted relevant parties for collaborative handling. If the operator behind this attack is a white hat hacker, they hope the individual will proactively reach out to the team to further understand the vulnerability and promote a solution to the problem.
10:09
Peng Fu: Crypto investors are allocating traditional assets through instruments such as pre-IPO futures
Fu Peng stated on X platform that Bitcoin holders are allocating to S&P 500 ETFs and artificial intelligence-related funds via pre-IPO perpetual futures and tokenized stocks, and are participating in SpaceX IPO-related activities. The trading volume of pre-IPO perpetual futures has soared from about $1 billion in early May to nearly $22 billion.
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