According to PANews, Microstrategy co-founder and executive chairman Michael Saylor stated on the X platform that MicroStrategy has spent approximately $1.5 billion (at a price of about $95,976 per bitcoin) to increase its holdings by 15,400 bitcoins, achieving a quarterly total return (QTD) of 38.7% and a year-to-date total return (YTD) of 63.3%.
As of December 2, 2024, MicroStrategy holds 402,100 bitcoins, acquired at an average price of approximately $58,263 per bitcoin, with a total value of about $23.4 billion.
● MicroStrategy sold 3.7 million shares, netting $1.48 billion
According to ChainCatcher, MicroStrategy sold 3.7 million shares, netting $1.48 billion.
● BlackRock and MicroStrategy become the two major entities holding over 400,000 BTC
According to Odaily Planet Daily, as monitored by Trader T, the current distribution of Bitcoin is:
- 2 entities (BlackRock and MicroStrategy) hold over 400,000 bitcoins, accounting for 2% of the existing 19,893,231 bitcoins;
- The proportion of Bitcoin ETFs to total supply has reached approximately 6% (up 1% in the past 5 months);
- 5.4%, with 1,106,775 bitcoins remaining to be mined (valued at approximately $10.6 billion today).
According to reports from Wu Shuo, QCP analysis points out that Microsoft shareholders will vote on December 10 regarding the proposal to include BTC on the company's balance sheet. This could become an important catalyst for BTC to break through $100,000 by the end of the year. Major Microsoft shareholders such as Vanguard, BlackRock, and Fidelity have indirectly held crypto assets. If the proposal passes, it will be beneficial for BTC and promote the growth of related crypto assets. This week, attention should be paid to U.S. employment and labor data, including non-farm payroll (NFP) data.
● MARA announces private placement of $700 million convertible notes for Bitcoin acquisition
According to Foresight News, Bitcoin-listed mining company MARA announced plans for a private placement of $700 million in 0% convertible notes and $105 million in options. The proceeds will primarily be used for Bitcoin acquisitions and to repurchase existing 2026 convertible notes, up to $50 million.
● XRP futures open interest hits a historic high of $3.99 billion
According to PANews, Coinglass data shows that XRP futures open interest hit a historic high of $3.99 billion on December 2.
● WisdomTree submits XRP ETF registration file to the SEC
According to BlockBeats, on December 2, global ETF provider WisdomTree submitted an S-1 registration file for the XRP ETF to the U.S. Securities and Exchange Commission (SEC).
● CoinShares: Last week, net inflows into digital asset investment products reached $270 million
According to Foresight News, CoinShares' latest weekly report shows that total inflows into digital asset investment products reached $270 million last week, setting a new record of $37.3 billion for total inflows so far this year. Bitcoin experienced an outflow of $457 million, marking the first significant outflow since early September this year, possibly due to profit-taking after Bitcoin tested the psychological threshold of $100,000. Ethereum saw an inflow of $634 million and experienced a sharp shift in market sentiment, with total inflows this year reaching $2.2 billion.
