BitMine: Replace new CEO to manage over $11 billion in Ethereum reserves

[Michael Saylor announces new Bitcoin purchase plan to be revealed Monday morning] Michael Saylor stated that Strategy will announce a new Bitcoin purchase plan on Monday morning, saying, 'People will be surprised.' He added, 'We have been accelerating the pace of acquisitions.'

If the price of Bitcoin rises by 4%, it may liquidate $2.7 billion of short positions; If it rises by 10%, the liquidation amount will reach 5.5 billion US dollars. （Cointelegraph）

The investment, which accounts for 20% of Harvard's reported U.S.-listed public equity holdings, is notable.

[U.S. Securities and Exchange Commission Chair Proposes Token Classification Framework] U.S. Securities and Exchange Commission Chair Paul Atkins stated that the agency will soon consider establishing a formal 'token classification framework,' which will be based on the Howey investment contract securities analysis. The Howey test originates from a 1946 case, defining securities as investments of funds in a common enterprise with profits derived from the efforts of others.

It is expected that 2 million ETH will be released from staking within the next 35 days. （Cointelegraph）