MicroStrategy: Establishing $1.44 billion in cash reserves may require selling Bitcoin

[Hassett Says Fed May Cut Rates by 25 Basis Points at Next Meeting] Kevin Hassett, Director of the White House National Economic Council, stated that the Federal Reserve might cut interest rates at its next meeting, with an expected reduction of about 25 basis points. He also mentioned that the Fed Chair should be someone who can respond to data.

A cryptocurrency investor donated $12 million to the UK Reform Party to support the party's political activities and development. （CoinDesk）

[BlackRock Says Bitcoin ETF Has Become the Company's Primary Revenue Source] BlackRock, which manages $13.5 trillion in assets, stated that Bitcoin ETF has become the company's primary revenue source.

White House economic advisor Hassett said that the Federal Reserve may announce a rate cut next week. （Watcher.Guru）

MicroStrategy has established a cash reserve of $1.44 billion and stated that it may need to sell Bitcoin, prompting TD Cowen to lower its stock target price. （Decrypt）