Michael Saylor Strategy: Hold 650000 bitcoins
Michael Saylor's investment strategy currently holds a total of 650000 bitcoins, making him an important holder in the Bitcoin field. (The Bitcoin Historian)
Michael Saylor's investment strategy currently holds a total of 650000 bitcoins, making him an important holder in the Bitcoin field. (The Bitcoin Historian)
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 ——Today, the cryptocurrency market continued its selling trend from the end of November, with a total market value of approximately $3.02 trillion, a decrease of 4.86% in 24 hours (evaporating over $150 billion), setting a new record for the largest single day decline in recent times. ——The price of Bitcoin (BTC) fell below $88000, hovering in the range of $86000-87000, with a monthly decline expanding to 22%; Ethereum (ETH) is around $2800-2900, down 5.74%. The Fear Greed Index reported 20 (extreme fear), with over 646 million US dollars (90% of long positions) liquidated in 24 hours, and trading volume surging to 121.87 billion US dollars. Due to the soaring Japanese bond yields (hitting a high since 2008 in the 2-year period), the strengthening of the yen, and leveraged liquidation, market risk aversion sentiment surged. 1. BTC ETF had a net inflow of $70 million during the week (positive inflow in the first week), but overall outflow of $379 million in November; ETH ETF outflow of $142 million. 2. The People's Bank of China reiterates its crackdown on virtual currency speculation, deploys special rectification measures, and emphasizes the risk of stablecoins; Hong Kong cryptocurrency stocks plummeted. Canada's 2025 budget proposes legislation to regulate stablecoins, requiring sufficient reserves, redemption mechanisms, and risk management. 3. Global regulation is becoming stricter, and China's policies are intensifying with caution in withdrawing funds, but the US/Canada/UK are keen on compliance projects; QT end+expected interest rate cut (25 basis points probability 87%) or release of liquidity; 4. The beginning of December is under pressure, but on chain indicators (such as NUPL 0.35) are close to historical lows, and the end of QT+expectations of Federal Reserve easing (87% probability of interest rate cuts) may ignite a rebound towards the end. Follow the support below: BTC85000; ETH 2780; If the upward trend is not broken, it is still promising Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Tencent Meeting: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[Benchmark Reaffirms 'Buy' Rating and $705 Target Price for Strategy] Benchmark analysts reaffirmed the 'Buy' rating for Bitcoin fund management company Strategy (MSTR) and maintained the $705 stock target price. Analysts believe that concerns about Strategy's survival triggered by Bitcoin price corrections are merely market noise. Critics are conflating short-term movements with solvency risks, ignoring the company's balance sheet designed to maximize Bitcoin leverage.
[Kalshi and Polymarket November Trading Volume Approaches $10 Billion] Prediction market platform Kalshi's trading volume in November reached $5.8 billion, setting a monthly record high and increasing by 32% compared to October. Polymarket's trading volume during the same period reached $3.74 billion, also hitting a record high, with a month-on-month growth of 23.8%. The combined trading volume of the two platforms approached $10 billion. Market data shows that these two platforms currently dominate the industry's capital flow.
**[Bitfinex Alpha Report: Crypto Market Nearing Local Bottom, Recovery Conditions May Emerge in Q4]** The latest Bitfinex Alpha report indicates that the crypto market is approaching a local bottom from a time perspective, although whether prices have fully bottomed out remains to be seen. Signs such as extreme deleveraging, short-term holders selling off, and the exhaustion of selling pressure suggest that the market is stabilizing. On-chain data shows that the adjusted Spent Output Profit Ratio (aSOPR) has fallen below 1 for the third time since early 2024, aligning with the cyclical lows of August 2024 and April 2025. Entity-adjusted realized losses have surged to $403.4 million per day, surpassing previous major low levels, indicating that the sell-off is nearing its end. Bitcoin futures open interest has dropped to $59.17 billion, significantly lower than the peak of $94.12 billion. Leverage has been systematically cleared, and the contraction in open interest, coupled with rising spot prices, suggests that short covering is dominating the market. BlackRock's filing with the U.S. SEC reveals that its Strategic Income Opportunities Portfolio increased its holdings in the Bitcoin Investment Trust (IBIT) by 14%, bringing total holdings to 2.39 million shares.
Tom Lee stated on CNBC live that Bitcoin is about to set a new historical high. (The Bitcoin Historian)