Overview of Important Developments Overnight on December 24

21:00-7:00 Keywords: #USUAL , #ibit , #MicroStrategy , #XAI

1. Usual completed $10 million Series A financing;

2. The IRS claims that crypto staking should be taxed in a lawsuit;

3. BlackRock IBIT deposited 828 BTC to Coinbase 1 hour ago;

4. xAI: a16z and BlackRock participated in the company’s $6 billion financing;

5. MicroStrategy acquired 5,262 BTC for approximately $561 million;

6. Robinhood CEO: The company has discussed establishing a Bitcoin reserve internally;

7. MicroStrategy sold 1.3178 million shares last week, still has $7.08 billion worth of shares available for issuance and sale.