● MicroStrategy increases its holdings by approximately $1.1 billion with 10,107 Bitcoins
According to ChainCatcher, MicroStrategy founder Michael Saylor stated on social media that MicroStrategy has increased its holdings of 10,107 Bitcoins at an average price of approximately $105,596, with a total value of about $1.1 billion.
● MicroStrategy submits SEC registration application to expand Bitcoin holdings
According to reports from Wu, MicroStrategy submitted a Form S-3 mixed securities shelf registration application to the U.S. Securities and Exchange Commission on January 27, 2025. The company plans to raise funds through the issuance of various securities, primarily to expand its Bitcoin holdings and for general corporate purposes.
● MicroStrategy announces the launch of a new convertible preferred stock
According to Odaily Planet Daily, Michael Saylor announced on the X platform that MicroStrategy is launching a new convertible preferred stock offering, Proposed Strike Preferred Stock Offering, available for institutional investors and some retail investors, with a scale of $250 million and a coupon rate of 8%.
It is reported that Barclays, Moelis & Company LLC, BTIG, TD Cowen, and Keefe, Bruyette & Woods, A Stifel Company are acting as joint book-running managers for this issuance. AmeriVet, Bancroft Capital, and The Benchmark Company are acting as joint underwriters for this issuance.
According to Odaily Planet Daily, Cboe has submitted a 19b-4 application to the U.S. SEC seeking approval for ARK's 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF for physical creation and redemption.
● DeepSeek releases Janus-Pro model, defeats DALL-E 3 and Stable Diffusion in tests
According to BlockBeats, on January 28, the AI community Hugging Face showed that DeepSeek has just released the open-source multimodal AI model Janus-Pro.
Among them, Janus-Pro-7B outperformed OpenAI's DALL-E 3 and Stable Diffusion in GenEval and DPG-Bench benchmark tests.
● DeepSeek AI impacts tech stocks and risk assets
According to Deep Tide TechFlow, Glassnode co-founder Negentropic stated that the DeepSeek AI event will pose challenges for tech stocks and risk assets in the coming week. CME futures opened with negative sentiment, and Nasdaq futures fell by 1.5%. He reminded that the AI crypto narrative has performed mediocre recently and may face risks of capital withdrawal, advising to pay attention to the trends of related stocks like NVDA.
● Ripple obtains remittance licenses in New York and Texas
According to BlockBeats, on January 27, Ripple announced that it has obtained remittance licenses in New York and Texas. This development will help its business expansion in the U.S. market.
● YZi Labs director announces three characteristics of key potential investment projects
Previously, Binance founder Zhao Changpeng (CZ) stated his commitment to fundamental-based investments. YZi Labs director Ella Zhang shared CZ's tweet on X (formerly Twitter) and stated that YZi Labs will not prioritize short-term financial returns but will focus on finding companies/projects that can create long-term value. Such companies typically have three key characteristics: 1) strong competitive moats, 2) management teams with long-term vision, 3) resilience and adaptability to economic cycles and market fluctuations. YZi Labs believes that by supporting these companies/projects focused on fundamentals and sustainable growth, it will be able to harness the power of time compounding, and great companies can transcend time cycles.