11/21/2024
MicroStrategy beats SPY, Nvidia and Tesla, reaches highest volume
MicroStrategy is buying more and more Bitcoin every day, and the rise in Bitcoin price has also been reflected in the shares. MSTR shares, which have risen nearly 600% since the beginning of the year, surpassed the volume of highly traded companies such as Nvidia and Tesla yesterday. MSTR also doubled its volume against SPY, one of the most traded exchange-traded funds.
by Darkex Reseach – 1 min read
Michael Saylor may have lost voting power at MicroStrategy over Bitcoin strategy
At MicroStrategy, which has been regularly purchasing Bitcoin since 2020, it was claimed that Michael Saylor lost his voting power over the company. Based on recent bond issuances for Bitcoin purchases, Saylor may no longer hold more than 50% of the total voting rights. This could mean that the company is deprived of important rights, including on the Nasdaq stock exchange, and even the Bitcoin buying strategy could be jeopardized.
by Darkex Reseach – 1 min read
Network stopped at SUI, the rise of the last period, token value fell 10 percent
Sui reported that the official Sui statement said that the Sui network has restarted and processed transactions and that the 2-hour outage was caused by a bug in the transaction scheduling logic, which caused the validator to crash and that the problem has now been resolved.
by Darkex Reseach – 1 min read
Trump Team Plans First Crypto Position in the White House
According to Bloomberg, Donald Trump’s new administration is considering creating a special White House position that will focus on the digital asset industry and cryptocurrency policies. This would be the first time in the US government that the position would be dedicated to cryptocurrencies. The candidate screening process is still ongoing.
by Darkex Reseach – 1 min read
Corporate Demand for Bitcoin Increases from US Companies
Publicly traded US companies Hoth Therapeutics and Acurx Pharmaceuticals have purchased a total of $2 million worth of Bitcoin as a reserve asset with board approval. This step once again demonstrates the growing interest of corporate companies in digital asset investments.
by Darkex Reseach – 1 min read
Record Financial Results from Nvidia
Nvidia achieved revenues of $35.1 billion in the third quarter of fiscal 2025, far exceeding expectations. Revenues, which increased 94% year-on-year, exceeded the market expectation of $ 33 billion. The company’s net profit reached $19.31 billion. Data center revenues increased 112% to $30.8 billion, while gaming revenues were $3.3 billion.
by Darkex Reseach – 1 min read
South Korea Rejects Crypto ETF Investments
According to Korea Economic Television, South Korean financial regulators continue to ban the issuance of cryptocurrency ETFs. They also refused to approve funds investing in exchanges and other crypto companies. This decision limits the expansion of crypto investment vehicles in the country.
by Darkex Reseach – 1 min read
