Jiang Zhuoer, CEO of China's BTC.TOP mining pool, stated that Strategy can survive a bitcoin price drop to $30,000 without needing to sell its bitcoin holdings. He argued that speculation about Strategy selling 45,000 BTC to meet obligations is overblown, noting the Fidelity wallet involved also holds assets for ETFs. Strategy's debt is low, about 5% of assets, rising to 10% even if BTC falls to $30,000, allowing it to maintain a net buyer position. Strategy funds dividends by selling older bitcoins but continues buying new ones, supporting its long-term bitcoin accumulation strategy despite market fluctuations.
Jason Calacanis labeled bitcoin a "dead cat" despite its price rising above $81,000, sparking rebuttals from Michael Saylor and Cathie Wood. Calacanis criticized bitcoin as a boring store of value that has not achieved mass adoption or a significant ...
Strategy stock (MSTR) gained 47.7% over the past month, making it the top performer in the Nasdaq-100, driven by strong investor demand for Bitcoin-linked equities. This surge outpaced Meta's 21.9% gain and highlights a rotation toward digital asset ...
Arthur Hayes purchased 25.33 million ENA tokens for $5.53 million at an average price of $0.09, now holding an unrealized profit of 146%. He predicts ENA could reach $0.50, though this is a personal target, not an official forecast. Ethena has approv...
PrimeEnergy Resources (PNRG) remains overlooked due to heavy insider ownership and limited public shares, which reduces trading volume and volatility. Despite a 'hold' rating from Seeking Alpha Quant, the company is debt-free and increasing productio...
On September 19, international guests attending the Global Mayors Dialogue in Wuhan toured the Xiaomi Smart Home Appliance Factory. They observed automated assembly lines and explored advancements in smart living technology. This visit highlights Wuh...
