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MicroStrategy Executive Chairman Michael Saylor spoke Jan. 13 at a Benchmark-hosted investor meeting in Orlando.The company plans to raise up to $2 billion in the first quarter of 2025 by issuing perpetual preferred stock.
Check out which popular analysts believe BTC could reach fresh peaks soon.
Quick Take Bitcoin’s dominance over ether and altcoins is expected to persist through 2025, according to JPMorgan analysts. They attribute this potential trend to factors like bitcoin’s role in the debasement trade, ongoing MicroStrategy purchases and more.
Quick Take U.S. President-elect Donald Trump intends to issue an executive order to list crypto as a national policy priority after being sworn in next Monday, according to Bloomberg. Trump also plans to establish a crypto advisory council.
Quick Take Phantom Wallet has raised $150 million at a $3 billion valuation. Sequoia and Paradigm led the Series C round, with a16z and Variant also participating.
- 22:01Encryption Czar David Sacks reiterated his work goals in his speech, without announcing any new contentCrypto Tsar David Sacks reiterated at a press conference that started at 3:30 today Singapore time, his goals of "clarifying the crypto regulatory framework", "ensuring crypto innovation happens in the United States", and "creating a golden age for digital assets". However, no new content was announced. The press conference is still ongoing, with other officials currently speaking.
- 22:00BTC falls below 99,000 US dollarsThe market shows that BTC has fallen below 99,000 USD, currently reported at 98,978.26 USD, with a 24-hour drop of 2.67%. The market fluctuation is significant, please manage your risk accordingly.
- 21:59Crypto Tsar David Sacks: Studying the feasibility of Bitcoin reservesCryptocurrency czar David Sacks stated that he is studying the feasibility of Bitcoin reserves.