According to PANews, Microstrategy co-founder and executive chairman Michael Saylor stated on platform X that MicroStrategy has spent approximately $1.5 billion (at an average price of about $95,976 per bitcoin) to increase its holdings by 15,400 bitcoins, achieving a quarter-to-date 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, worth 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, monitoring by Trader T shows the current distribution of Bitcoin:
- 2 entities (BlackRock and MicroStrategy) hold over 400,000 bitcoins, accounting for 2% of the existing 19,893,231 bitcoins;
- The Bitcoin ETF accounts for about 6% of the total supply (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).
● Microsoft shareholders will vote on December 10 whether to include BTC on the balance sheet
According to Wu Shuo, QCP analysis indicates that Microsoft shareholders will vote on December 10 on 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 data (NFP).
● MARA announces a private placement of $700 million in 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. Proceeds will mainly be used to acquire Bitcoin and repurchase existing convertible notes maturing in 2026, up to $50 million.
● XRP futures open interest hits a historical high of $3.99 billion
According to PANews, Coinglass data shows that XRP futures open interest reached a historical high of $3.99 billion on December 2.
● WisdomTree submits XRP ETF registration documents to the SEC
According to BlockBeats, on December 2, global ETF provider WisdomTree submitted S-1 registration documents for the XRP ETF to the U.S. Securities and Exchange Commission (SEC).
● CoinShares: Last week, net inflows into digital asset investment products totaled $270 million
According to Foresight News, CoinShares' latest weekly report shows that net inflows into digital asset investment products last week reached $270 million, while total inflows for the year to date have set a new record of $37.3 billion. Bitcoin saw an outflow of $457 million, the first significant outflow since early September this year, possibly due to profit-taking after Bitcoin tested the psychological level of $100,000. Ethereum saw inflows of $634 million and experienced a sharp shift in market sentiment, with total inflows this year reaching $2.2 billion.
