Michael Saylor suggests that Microsoft adopt Bitcoin as a core corporate strategy.
Michael Saylor delivered a 3-minute speech at the Microsoft board meeting, and according to the Bitcoin strategy slides he shared, he proposed that Bitcoin is the core opportunity of the next wave of technological innovation, suggesting that Microsoft adopt Bitcoin as a core corporate strategy. He believes Bitcoin is 'digital capital,' and in the current global asset market of approximately $90 trillion, the market cap of Bitcoin is expected to grow from the current $2 trillion to $28 trillion by 2045, surpassing traditional assets like bonds and gold.
The report emphasizes that Bitcoin outperforms traditional financial instruments in asset performance, with an annualized return significantly higher than bonds and stocks, and almost no counterparty risk. Saylor also suggested that Microsoft allocate some funds for Bitcoin investment to replace traditional dividend distribution and stock buyback strategies, predicting that this move could add up to $4.9 trillion to Microsoft's market cap by 2034.
Additionally, he pointed out that global institutional support for Bitcoin is continuing to rise, including endorsements from governments, Wall Street, and several prominent political figures, demonstrating its potential to become an important component of global corporate financial strategies. Saylor urged Microsoft to seize this opportunity and take a leading position in global digital financial innovation.
Japan's cryptocurrency exchange DMM Bitcoin will cease operations and sell its assets to a subsidiary of SBI Group.
According to Nikkei News, Japan's cryptocurrency exchange DMM Bitcoin will cease operations and sell its assets to a subsidiary of SBI Group.
XRP's market capitalization has surpassed SOL, ranking fourth in the cryptocurrency market capitalization leaderboard.
PANews reported on December 2 that, according to coingecko data, XRP's market capitalization has surpassed SOL, ranking fourth in the cryptocurrency market capitalization leaderboard. XRP rose 17.6% in 24 hours, currently priced at $2.28, with a market cap of approximately $130.1 billion, while SOL fell 0.3% in 24 hours, currently priced at $237.13, with a market cap of $112.7 billion.
Ethereum returns to the top 30 in global asset market capitalization rankings.
According to Cointelegraph's disclosure on platform X, Ethereum's market capitalization has surpassed that of the American chain membership warehouse giant Costco and Vanguard Group, Inc., returning to the top 30 in global asset market capitalization rankings, currently ranked 29th.
Moonshot launches the meme coin Mundi (MUNDI) on the Solana chain.
The long-term holders of BTC have an unrealized profit rate of 0.74, which is below previous highs.
Hyperliquid's market capitalization has surpassed Aave, rising to 55th place in the cryptocurrency market capitalization leaderboard.
Ripple locked 1 billion XRP to a custody wallet at 2:21 and 2:22 AM today.
According to Whale Alert monitoring, Ripple has re-locked a total of 1 billion XRP to a custody wallet at 2:21 AM today, valued at approximately $1.546 billion.
Paxos: As of the end of October, the number of USDG tokens on the Ethereum network is 10,750,140.
Stablecoin issuer Paxos released its first USDG attestation report, which disclosed that as of 5 PM Singapore time on October 31, 2024, the number of tokens held by the USDG contract on the Ethereum network was 10,750,140, and the fair value of the redeemable assets is at least equal to or greater than $10,750,140. The number of USDG tokens does not exceed the reported balance of redeemable assets.
Data: Tokens such as TAIKO, ADA, and ENA will see significant unlocks next week, with TAIKO unlocking valued at approximately $20.9 million.
Token Unlocks data shows that tokens such as TAIKO, ADA, and ENA will see significant unlocks next week, including:
Taiko (TAIKO) will unlock approximately 9.29 million tokens at 8 PM Beijing time on December 5, with a ratio of 11.38% to the current circulation, valued at approximately $20.9 million;
Cardano (ADA) will unlock approximately 18.53 million tokens at 8 AM Beijing time on December 6, with a ratio of 0.05% to the current circulation, valued at approximately $19.8 million;
Ethena (ENA) will unlock approximately 12.86 million tokens at 3 PM Beijing time on December 4, with a ratio of 0.45% to the current circulation, valued at approximately $10.5 million;
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 AM Beijing time on December 4, with a ratio of 0.69% to the current circulation, valued at approximately $4.9 million;
Dora Factory (DORA) will unlock approximately 28.57 million tokens at 8 AM Beijing time on December 2, with a ratio of 2.86% to the current circulation, valued at approximately $3.5 million;
Cetus Protocol (CETUS) will unlock approximately 8.33 million tokens at 8 AM Beijing time on December 6, with a ratio of 1.37% to the current circulation, valued at approximately $3.1 million;
Everclear (NEXT) will unlock approximately 20.11 million tokens at 8 AM Beijing time on December 5, with a ratio of 18.82% to the current circulation, valued at approximately $2.6 million;
Staika (STIK) will unlock approximately 1.57 million tokens at 8 AM Beijing time on December 4, with a ratio of 0.00% to the current circulation, valued at approximately $2.4 million;
Delysium (AGI) will unlock approximately 8.57 million tokens at 8 AM Beijing time on December 5, with a ratio of 0.67% to the current circulation, valued at approximately $2.1 million.
