ChainCatcher news, according to HODL15Capital data, MicroStrategy has purchased 134,480 bitcoins in November (so far), worth $12 billion.

ChainCatcher news, Bernstein analysts expect MicroStrategy's Bitcoin holdings to rise from 1.7% of the circulating supply to 4% over the next decade, and they have updated the target price for MSTR to $600 by the end of 2025.According to data from TradingView, Bernstein previously set a target price of $290 in June when the stock was trading around $148, and it subsequently reached that price on November 11. The stock has risen nearly 100% in the past month, with a year-to-date increase of 509%.Analysts' assessment of MicroStrategy depends on three factors. First, whether investors are structurally bullish on Bitcoin; second, whether MicroStrategy faces liquidity or bankruptcy risks; and third, whether the company can sustainably scale its capital over the long term.They believe that Bitcoin is in a sustained bull market, supported by favorable regulatory conditions, the incoming Trump administration's support, increasing institutional adoption, and a macroeconomic backdrop of low interest rates, inflation risks, and record fiscal debt.

ChainCatcher news, Michael Saylor stated on social media that MicroStrategy relies on its Bitcoin financial operations. By selling volatility through the ATM ("Automated Market Maker") product, it strips the risk, volatility, and performance of Bitcoin from fixed income securities and transfers that performance to MSTR shareholders.

ChainCatcher news, according to Cointelegraph, Europe's second-largest insurance company Allianz SE has acquired nearly 25% of the convertible notes due in 2031 from MicroStrategy.

ChainCatcher news, Mechanism Capital partner Andrew Kang posted on the X platform that MicroStrategy is being pushed up by BTC, with the premium rate continuously reaching new highs, which traditional finance cannot understand, and there is a certain degree of sluggishness towards the MicroStrategy model.

ChainCatcher message, according to Trader T's monitoring, MicroStrategy (MSTR) had a trading volume of $4.004 billion before today's opening, with 31% being active buy orders and 24% being active sell orders.

According to ChainCatcher news, Trump's team is reportedly discussing the establishment of a new position in the White House specifically responsible for cryptocurrency policy. This comes on top of previous reports that the Trump Media Group is negotiating to acquire the cryptocurrency trading company Bakkt, which has led to increased optimism about the prospects of the cryptocurrency industry under the Trump administration. Cryptocurrency concept stocks surged in pre-market trading, with MicroStrategy rising over 10%. As of the time of publication, Bitcoin is priced at $97,530, approaching the highly anticipated $100,000 milestone. The rise in Bitcoin has attracted a significant amount of liquidity, while Ethereum and altcoins generally declined.U.S. stock index futures fell across the board. As of the time of publication, Dow futures were down 0.15%, Nasdaq 100 futures were down 0.40%, and S&P 500 futures were down 0.29%.On Thursday, the Hong Kong stock market closed lower, with the Hang Seng Index down 0.53%, the National Enterprises Index down 0.79%, and the Hang Seng Tech Index down 1.24%. Market sentiment was generally weak. However, as Bitcoin approached $100,000 and continued to set new highs, cryptocurrency concept stocks performed actively, with BlueFocus Interactive rising over 54%, Boyaa Interactive rising nearly 17%, and OSL Group rising nearly 2%.

ChainCatcher news, MicroStrategy (MSTR.O) continues to soar in pre-market trading, now up 10%. (Jin Ten)

ChainCatcher message, Shen Yu shared on its social platform the important factors affecting MSTR (MicroStrategy) and BTC summarized by GPT for the coming months.Key time points:December 15, 2024: Cryptocurrency accounting rules take effect, MSTR meets profit requirements;December 20, 2024: S&P 500 index adjustment window, whether to include MSTR;December 23, 2024: If approved, it will be listed for trading;Next index adjustment window on March 21, 2025.

ChainCatcher news, according to market news, MicroStrategy plans to sell $2.6 billion worth of notes and will use the proceeds to purchase Bitcoin.

ChainCatcher news, according to Trader T's monitoring, today the U.S. stock market's crypto sector saw a general rise: MICROSTRATEGY up 2.6%, ISHARES BITCOIN TRUST up 0.9%, COINBASE GLOBAL up 0.3%, RIOT PLATFORMS up 1.4%, CLEANSPARK up 0.8%, MARA HOLDINGS up 2%.

ChainCatcher news, MicroStrategy (MSTR.O) stock price rose 13% on Monday, closing at $384.79, having reached an all-time high earlier in the day. It is reported that MicroStrategy is leveraging its soaring stock price to issue a $1.75 billion convertible bond, planning to use the proceeds to purchase more Bitcoin.Affected by short selling from arbitrageurs ahead of the convertible bond trading, the company's stock price fell 1% in after-hours trading to $381. MicroStrategy's market capitalization is approximately $86 billion, nearly three times the value of its 331,200 Bitcoins held. The company is the largest corporate holder of Bitcoin globally, with its holdings accounting for over 1.5% of the total supply. MicroStrategy believes that purchasing Bitcoin through issuing stocks and convertible bonds creates value for shareholders. (coinpaper)

ChainCatcher news, QCP Capital's latest analysis points out that NASDAQ has started trading options for the BlackRock Bitcoin Spot ETF (ticker: IBIT) today. The derivatives market for traditional assets is typically 10-20 times the market capitalization of the underlying asset, and this move will bring significant opportunities to the Bitcoin derivatives market. Institutional investors may focus on the yield generation from their long spot ETF positions, which could lead to further compression of implied volatility.The Q3 13F filings show that MicroStrategy's institutional holders have increased from 667 to 738, with Vanguard increasing its holdings by nearly 16 million shares, a growth of 1000%. Meanwhile, Goldman Sachs is planning to divest its digital asset platform, further highlighting the integration of cryptocurrency with traditional finance.In the options market, the $100,000 strike price for December still maintains the highest open interest. As the spot price stabilizes above $90,000, the implied volatility butterfly spread has decreased by 1 point compared to last week, which may lay the foundation for further Bitcoin price increases.

ChainCatcher news, British and American social media celebrity, businessman, and former professional kickboxer Andrew Tate (@Cobratate) announced that he will follow up with the purchase of $1 million in Bitcoin every time MicroStrategy buys Bitcoin.Although he claims he cannot compare to MicroStrategy's purchase volume, he revealed that he already owns millions of dollars in Bitcoin, far exceeding what he needs. He emphasized that this is a cultural symbol, so every time MicroStrategy makes a purchase, he will increase his holdings by $1 million in Bitcoin.

ChainCatcher news, according to a post by Cointelegraph on the X platform, Instagram influencer Andrew Tate stated that he will follow MicroStrategy and will also purchase $1 million worth of BTC after each purchase made by MicroStrategy.

ChainCatcher news, according to crypto KOL Remo Uherek's analysis, MicroStrategy's recent purchase of 51,780 bitcoins used the $21 billion it previously raised through stock financing, and after this purchase, it still has $15.3 billion available for buying bitcoins.If this pace of bitcoin accumulation continues, the funds can be used until the end of this year.