Vivek Ramaswamy's Strive Applies For 'Bitcoin Bond' ETF That Tracks MicroStrategy's Convertible Securities Market
The title of "a country of speculating on coins" is well-deserved! The central bank of South Korea: more than 30% of South Koreans Hold Cryptos.
① The number of "crypto traders" in South Korea has surged, with over 15.59 million cryptocurrency investors in November, accounting for more than 30% of the total population; ② The reason behind this may be the sharp rise in Bitcoin prices and optimistic market sentiment after Trump won the USA election; ③ The total cryptocurrency holdings and daily trading volume of the South Korean public have significantly increased, with trading volume now approaching stock market levels.
The biggest winners in the US stock market technology sector this year are led by AppLovin, with MSTR, Palantir, and Robinhood all surpassing NVIDIA.
AppLovin successfully transformed into an AI advertising engine, ranking first among technology stocks with an astonishing increase of 758%. Additionally, MicroStrategy's bets on Bitcoin, Palantir's AI-enhanced data analysis, and Robinhood's booming cryptocurrency trading business achieved increases of 467%, 380%, and 210%, respectively, surpassing NVIDIA.
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Additional upward momentum? MicroStrategy plans to sell more shares to raise funds to purchase Bitcoin.
MicroStrategy is seeking shareholder approval to increase the authorized share count, increasing Class A shares from the current 0.33 billion to 10.33 billion shares. The company stated in the documents that the pace of Bitcoin acquisitions "is much faster than initially expected."
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Another $42 billion will be used to buy Bitcoin! MicroStrategy plans to issue more Stocks.
① MicroStrategy plans to issue more Stocks to raise funds for purchasing Bitcoin, promoting the rebound in Bitcoin prices; ② MicroStrategy has been buying Bitcoin for seven consecutive weeks, with the latest plan to raise 42 billion USD to continue accumulating Bitcoin, ensuring its pioneering position in the Bitcoin field; ③ Traders warn that a large number of open contracts for Crypto derivatives are about to expire, which may trigger market fluctuations.
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U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
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Greenfire Resources, Hut 8, TeraWulf, MicroStrategy And Other Big Stocks Moving Higher On Tuesday