Today word of the day answer is- ACCEPT | PR0FESS0R on Binance Square

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Today word of the day answer is- ACCEPT

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🚨MicroStrategy 'highly unlikely' to be forced to sell bitcoin as stock reaches 25-year high, analysts say🚨 •Analysts at BitMEX Research argued MicroStrategy is “highly unlikely” to be forced to sell its bitcoin based on the current debt structure, but “anything is possible.” •MicroStrategy stock traded at a 25-year high of $235.89 as of Thursday’s close, having gained more than 10% for the day. •Analysts at BitMEX Research argued MicroStrategy is “highly unlikely” to be forced to sell its bitcoin holdings based on its current debt structure. However, given the volatility of the cryptocurrency, “anything is possible,” they said. The business intelligence firm is the largest corporate holder of bitcoin, with 252,220 BTC, currently valued at over $17 billion, at a total cost of around $9.9 billion. MicroStrategy’s stock gained more than 10% on Thursday to reach a 25-year high of $235.89 as of market close, according to TradingView. The firm's $43.6 billion market cap trades at a “massive premium” to the net asset value of its underlying bitcoin holdings — somewhat reminiscent of The Grayscale Bitcoin Trust in prior cycles before its conversion to a spot Bitcoin exchange-traded fund, the analysts said. #MicroStrategy has been able to leverage premium share issuances to buy more bitcoin and boost book value per share in a so-called “infinite money glitch.” The firm’s five equity offerings since embarking on its bitcoin strategy in 2020 have raised a total of $4.25 billion so far, they noted. Last week, Benchmark analyst Mark Palmer defended MicroStrategy stock's big premium to its bitcoin holdings, describing it as “intelligent leverage.” $BTC

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🚨Microsoft places 'assessment in investing in bitcoin' as a voting item for December shareholder meeting🚨 •Microsoft placed an “assessment in investing in bitcoin” on the voting ballot ahead of its 2024 annual shareholder meeting in early December. •The company notes the board of directors recommends voting against the proposal, in a filing with the SEC. •#Microsoft is apparently considering investing in bitcoin, according to a U.S. Securities and Exchange Commission filing on Thursday. The company put the topic as a "voting item" on its next shareholder meeting scheduled for Dec. 10. $BTC

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🚨$TON Blockchain Upcoming upgrades~>> •Stablecoin Toolkit •Jetton Bridge- Cross-chain transfers of Jettons from TON Blockchain to Ethereum or BNB Smart Chain. •Collator and Validator Separation- Splitting the validator into two distinct nodes, the collator and the validator, allows TON Blockchain to manage a significantly large load. •Sharding Guidelines and Tools- Guidelines and code samples for managing TON operations in exchanges, payment systems, and TON services under high load. •Slashing Optimization- Enhancement and improvement of detection and penalization for poorly performing validators. •Elector and Config Update- Update the Elector and Config system smart contracts to make it easier to develop staking smart contracts and allow participants in a staking pool to vote network-wide on-chain. •Extra Currencies- Built-in extra-currency technology for the most popular tokens. •ETH, BNB, BTC Bridge- Cross-chain transfers of Bitcoin, ETH, and BNB to TON Blockchain. •Fisherman •Voting for Staking Pools •Voting UI for Wallets •Gasless Transactions •Wallet 5.0 •Multisig 2.0 •TON Teleport •TON Smart Contract Interfaces •User-friendly TL-B •TON Browser #tonecoin #TONBlockchain #blum #TON

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