Market news:

MicroStrategy has spent $4.6 billion to purchase 51,780 bitcoins over the past week, with an average price of $88,627. The amount of bitcoins purchased exceeds the total inflow of all ETFs at $3.5 billion in November.

Yesterday, there was also news that Trump appointed Howard Lutnick as the Secretary of Commerce, who is a supporter of cryptocurrency. His company has been a reserve custodian for the stablecoin Tether.

Additionally, the previously appointed Attorney General is also a strong supporter of cryptocurrency, leading to the conclusion that the next U.S. government will bring a bull market to the crypto space.

Some significant potential benefits include:

First, MicroStrategy, which holds over $20 billion in bitcoins, is expected to be included in the S&P 500 index on December 6. This event will have a considerable impact, as it means that anyone purchasing the S&P 500, the world's largest index fund, will unknowingly and passively buy shares of MicroStrategy, because it is included in the S&P 500 components.

It’s important to note that the total assets under management of the S&P are as high as $16 trillion!

In simple terms, future bitcoin ETFs will be included in the Nasdaq index, and once included, the funds attracted will reach hundreds of billions and trillions, leading to unimaginable price increases for bitcoin.

Second:

The world's largest company, Microsoft, will review a bitcoin investment proposal on December 10. If this proposal is approved, it means that this company, with a market value of $30 trillion, will increase its holdings in bitcoin, which is also a significant capital entry into the market.

Moreover, in December, there will be a third interest rate cut by the Federal Reserve and potential repayment situations with FTX, so do not fear a pullback. If there is a pullback, it will be an excellent opportunity for you to accumulate more, a chance to get on board! After the market stabilizes, prices will continue to rise.