#BTC☀

According to#BitcoinMagazine, well-known Bitcoin mining company Marathon Digital plans to raise $250 million to expand its Bitcoin holdings.

The company intends to issue convertible senior notes to qualified institutional buyers through a private placement. The notes will mature in 2031 and will be issued based on prevailing market conditions and other relevant factors.

The $250 million raised from the offering will be used specifically to purchase additional $BTC . This strategic move highlights Marathon Digital's commitment to strengthening its position in the Bitcoin market.

The fundraising highlights the growing interest and investment in Bitcoin by major industry players. As Marathon Digital seeks to increase its Bitcoin reserves, this may indicate further confidence in the long-term value and potential of the cryptocurrency.

In addition, the company said that the funds will also be used to optimize the energy efficiency of its mining facilities, committed to achieving greener and more sustainable mining operations in response to the growing global focus on environmental protection.

This news has undoubtedly given the#cryptomarket a shot in the arm. Marathon Digital's investors and Bitcoin enthusiasts have responded enthusiastically to this, and the market is closely watching the company's future mining results and its impact on the entire cryptocurrency industry. 👀
#MarathonDigital #挖矿 #比特币未来

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🎯Family, today we are going to talk about Bitcoin, a digital currency full of mystery and controversy. What will the price and application of Bitcoin look like in a year? It is really exciting!

💹Let's talk about the price first. The price trend of Bitcoin has always been like a roller coaster, which is thrilling. But no one can say where it will go in a year. Maybe it will rise sharply with the changes in the global economic situation, the fluctuations in players' emotions and the adjustment of policies, breaking through the new historical high to above 180,000 US dollars.

🛠Let's look at the application. Today, Bitcoin has been initially applied in some fields, such as cross-border payments and asset storage. A year later, with the continuous advancement and popularization of technology, the application scenarios of Bitcoin may be more extensive. Perhaps we will see more merchants accept Bitcoin payments, making shopping more convenient and diversified. In the financial field, Bitcoin may become a more mature investment tool, attracting more institutional participation.

👀Of course, the development of Bitcoin also faces many challenges. The uncertainty of regulatory policies, security risks and other issues may have a significant impact on its future. But it is these challenges that have prompted Bitcoin to continue to innovate and improve.

💡In short, Bitcoin is full of infinite possibilities one year later. Let us wait and see what surprises and challenges the future of this digital currency will bring us! #比特币未来 #加密市场急跌 #BTC走势分析

🚀 Bianco Research CEO: Bitcoin ETF has not yet become the main force of TradFi adoption

🧐 Since the approval of the Bitcoin spot ETF at the beginning of this year, we have been looking forward to it bringing a new wave of investment to traditional finance (TradFi). But now it seems that this feast may need more spice.

🗣️ Jim Bianco, CEO of Bianco Research, recently posted on social media X that the performance of Bitcoin ETF has not reached the level of popularity we expected. Although everyone had high hopes for it at the beginning, investor enthusiasm seems to be slowly cooling down in the past August.

📉 At present, the asset management scale of all 11 US Bitcoin ETFs has dropped sharply from the peak of US$62 billion in June to only US$51.3 billion, the lowest level since the launch of trading four months ago. Moreover, as funds continue to flow out, ETF holders may face asset losses of up to US$2.2 billion.

💼 Bianco also mentioned that although we hope that Bitcoin ETFs can attract more traditional financial investors, the reality is that these funds have not received much new money. Most of the inflows actually come from holders who transfer cryptocurrencies from the chain back to traditional financial accounts.

🔮 But don't worry, Bianco believes that Bitcoin ETFs still have the potential to promote the adoption of TradFi. He predicts that with the arrival of Bitcoin halving in 2028 and the development of on-chain tools such as DeFi and NFT, Bitcoin ETFs may usher in a new spring.

🌱 Bianco finally reminded everyone to be patient. The market needs time to mature and technology needs time to develop. Therefore, we still need to go through several seasons, including one or two winters, and we must wait patiently for its development and breakthroughs.

💬 Do you agree with Bianco's point of view? Do you think Bitcoin ETF can eventually become the ultimate tool to promote the adoption of TradFi? Share your thoughts in the comment section!

#比特币ETF #TradFi #加密货币投资 #市场趋势 #比特币未来

🌟Will Bitcoin's S-curve replicate the growth trajectory of the Internet and start a new revolution in future financial development? 🚀

📈 Let's explore an interesting chart that reveals future trends!

🚀When Bitcoin's adoption growth trend is compared with the early development of the Internet, a striking pattern emerges!

🌐 Since the birth of the Internet in 1990, it has experienced a slow start period of about ten years, and then user growth has exploded, with adoption increasing more than four times in just two decades.

🔑 Similarly, Bitcoin has also experienced a period of relative obscurity since its invention in 2009, but then began to attract people's attention. Today in 2024, 4.7% of the world's population has begun to trade Bitcoin, which means that about one in 20 people holds Bitcoin.

🔮 Now, the question we face is: Will Bitcoin replicate the growth trajectory of the Internet and usher in a similar wave of explosive growth in the next 20 years?

🤑 Some analysts believe that with the participation of large institutions and advanced retail traders, and the support of stronger market conditions in 2024, if Bitcoin's adoption rate can achieve the same four-fold growth as the Internet, then the "final price" of Bitcoin may exceed $700,000.

🤔 But here I just offer an open question: What do you think the future of Bitcoin will be? Will it become part of the global financial system, or just exist as an investment tool?

💨 At the same time, can Bitcoin's adoption rate really achieve the explosive growth of the Internet? If the price of Bitcoin can really reach $700,000, what impact will it have on the global economy?

💬 Please share your views in the comment area, every discussion of yours may provide us with deeper insights! #比特币未来 #加密货币革命 #金融创新

🌐 Saylor and Ammous' Bitcoin Yield Discussion: Can Banks Provide Stable Returns on Crypto Assets?

In the world of cryptocurrency, a heated debate is taking place about Bitcoin yields.

MicroStrategy's Executive Chairman Michael Saylor and Saifedean Ammous, author of The Bitcoin Standard, debated whether banks should offer yields on Bitcoin deposits.

Saylor believes that if big banks like JPMorgan Chase stepped in, they could offer clients stable Bitcoin yields. He said that through digital banking services, Bitcoin holders could earn returns without selling their assets. Saylor even predicted that such banks could offer "risk-free" returns of up to 5%.

However, Ammous is skeptical. He believes that it is impossible for a fixed supply asset like Bitcoin to achieve long-term sustainable returns. He pointed out that companies like BlockFi and Celsius, while offering attractive returns, ultimately collapsed due to poor management.

Ammous also mentioned the concept of "lender of last resort," the ability of central banks to rescue bankrupt banks in times of crisis. He believes that without this support, the Bitcoin yield model provided by banks is not viable.

In response, Saylor said that big banks have government support behind them, and they will not fall easily unless the government itself collapses. He also emphasized that Bitcoin will become a "bad" asset if it cannot generate income.

Saylor also said that we need a well-functioning banking system to mobilize capital. He also asked in return, why should you feel guilty or uneasy about getting a return on capital?

This debate touches on the core issue at the intersection of cryptocurrency and traditional finance. That is, should banks intervene in the Bitcoin income market? Can they provide income without increasing risks? These issues are not only related to the future of Bitcoin, but also to the development of the entire financial system.

💬 What do you think of this debate? Do you think banks should provide income for Bitcoin deposits? Can they provide stable and sustainable returns?

#比特币 #银行收益 #加密货币辩论 #金融创新 #比特币未来

🌐The election affects the fate of Bitcoin: the potential impact of Trump's policy shift on the Bitcoin market!

Recently, a report from investment bank Jefferies has attracted widespread attention from the cryptocurrency community. 🔍

The report points out that Trump's change of attitude towards the cryptocurrency industry may make the future of Bitcoin closely linked to the results of the US election. This is not just a political game, but also a bet on the future of cryptocurrency.

👉 Trump's promises at the Bitcoin Conference in Nashville, including the establishment of cryptocurrency-friendly regulators and the establishment of the United States as the "global cryptocurrency capital", have undoubtedly injected a shot in the arm to the market. If these promises are fulfilled, they may bring a more stable and favorable development environment for Bitcoin.

However, we must recognize that political promises do not always translate into actual policies, and market fluctuations are not only affected by political factors. Although Trump's remarks may boost market confidence in the short term, the long-term value of Bitcoin still depends on its technical foundation, market demand and the global economic environment.

🔄 In addition, Jefferies' report mentioned that despite the halving of Bitcoin, the profitability of mining is better than expected at the beginning of the year. Large miners are still expanding, orders are coming one after another, and hash rates are rising. This shows that despite the policy uncertainty, Bitcoin's fundamentals remain solid.

In terms of mining consolidation and M&A activities, the actions of CleanSpark and Riot Platforms indicate dynamic adjustments and resource optimization within the industry. This will not only help improve the efficiency of the industry, but may also have a positive impact on the stability and security of the Bitcoin network.

🔗In short, although Trump's policy shifts and the results of the US election may affect Bitcoin prices in the short term, we should pay more attention to the long-term value of Bitcoin and the development of the entire cryptocurrency ecosystem.

🤔 So, the question is: Do you think these promises of Trump and the results of the election will really affect Bitcoin prices in the short term? If so, how do you plan to adjust your investment strategy? Welcome to leave a message in the comment area!

#比特币未来 #美国大选 #加密货币市场