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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.
- 03:03Santiment: Ethereum's single-day net outflow from exchanges hits a 23-month high, and its trend in 2025 will still depend on Bitcoin's performanceAccording to Santiment data, from February 8th to 9th, approximately 224,400 Ethereum flowed out of exchanges, setting a new high for single-day net outflows in nearly 23 months. Although this seems more like a long-term indicator, it is a strong signal for the currently sluggish Ethereum price. When assets flow out of exchanges, it usually indicates that investors have confidence in holding them long term. The reduction in the number of tokens available for public trading also means that the possibility of large-scale sell-offs happening in the future decreases. It should be noted that Ethereum's performance in 2025 will largely depend on Bitcoin's ability to maintain stability and attempt to return to its historical highs.
- 03:01Insider: Stripe plans to sell employee shares at a valuation of 85 billion US dollarsNews on February 11, according to The Information citing informed sources, payment service provider Stripe is considering arranging a round of employee stock sale plan, with the company's valuation expected to reach $85 billion or higher. This will continue the company's previous stock repurchase, secondary market transactions and financing activities, bringing its valuation close to the historical peak of $95 billion set during financing in 2021. These financing activities have allowed this 15-year-old company to delay going public while providing liquidity opportunities for investors and employees. Earlier news reported that Stripe completed an acquisition deal worth $1.1 billion for stablecoin infrastructure company Bridge, which may accelerate its layout in the stablecoin field.
- 02:50FOX Reporter: The Federal Reserve has a more open attitude towards digital assetsChainCatcher news, FOX reporter Eleanor Terrett posted on social media saying, "The Federal Reserve's narrative about Crypto is changing. In two speeches last Friday, Republican Federal Reserve directors Michelle Bowman and Christopher Waller both expressed a more open attitude towards digital assets and their future in the financial system. Their remarks are notable because: Trump may choose one of them to replace Michael Barr as the next vice chairman for supervision (responsible for overseeing regulation and how the Fed interacts with banks and cryptocurrencies);They represent a shift in tone and attitude, as they previously voted in favor of policies that make it harder for banks to participate in cryptocurrency. Both also voted against applications from custodian banks to become members of the Fed."