<h2><strong>Saylor will allocate $ 500 million in this round to the purchase of BTC</strong></h2><p></p><p>MicroStrategy, a famous American computer software producer that has become a corporate <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/how-are-bitcoin-and-ethereum-different/">Bitcoin</a> treasury (BTC), plans to sell its shares worth as much as 500 million dollars to finance more purchases of the oldest cryptocurrency. All this financial operation is a sign that Executive Chairman Michael Saylor has no plans to back down from his bold BTC accumulation plan, despite stepping down from CEO. The BTC / USD exchange rate hovers slightly above $ 21,000 per coin on Sunday</p><p></p><h2><strong>The deal means executive chairman Michael Saylor is not backing down from his bold strategy</strong></h2><p></p><p>Friday's filing with the US Securities and Exchange Commission revealed Microstrategy's offer to sell shares. The official announcement issued by Microstrategy states that the funds raised will be used for "general corporate purposes, including the purchase of Bitcoins."</p><p></p><p>This is the first tangible sign that Michael Saylor, who recently stepped down as CEO to become executive chairman and focus on buying Bitcoin, is not backing down from his bold plan to turn MicroStrategy into a leveraged Bitcoin holding company. Microstrategy's overall strategy is to closely correlate its own shares with the performance of the historically first cryptocurrency. It is worth adding here that since 2020 Saylor has used the money raised from the sale of stocks and bonds to purchase about 130,000 BTC worth over $ 2 billion.</p><p></p><h3><strong>Merging Microstrategy shares with BTC quotes</strong></h3><h3></h3><p>The effect of Michael Saylor's two-year strategy is that MicroStrategy shares have been strongly correlated with Bitcoin's price - which, with this year's decline in BTC quotes, resulted in a loss of $ 1.2 billion. On Friday, stocks rose 12% and the BTC / USD rate jumped almost 10%. However, following the announcement of the sale, the company's shares fell by around 1.5%.</p>

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<h2><strong>Сейлор направит 500 миллионов долларов в этом раунде на покупку BTC</strong></h2><p></p><p>MicroStrategy, известный американский производитель компьютерного программного обеспечения, ставший корпоративной <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/how-are-bitcoin-and-ethereum-different/">Bitcoin-казной</a> (BTC), планирует продать свои акции на сумму до 500 миллионов долларов, чтобы профинансировать дополнительные покупки самой старой криптовалюты. Вся эта финансовая операция является признаком того, что исполнительный председатель Майкл Сейлор не собирается отступать от своего смелого плана по накоплению BTC, несмотря на уход с поста генерального директора. Курс BTC / USD в воскресенье парит чуть выше 21 000 долларов за монету.</p><p></p><h2><strong>Сделка означает, что исполнительный председатель Майкл Сейлор не отступает от своей смелой стратегии.</strong></h2><p></p><p>В пятницу в Комиссию по ценным бумагам и биржам США было подано заявление о предложении Microstrategy продать акции. В официальном заявлении Microstrategy говорится, что привлеченные средства будут использованы для "общих корпоративных целей, включая покупку биткоинов".</p><p></p><p>Это первый ощутимый признак того, что Майкл Сейлор, который недавно покинул пост генерального директора, чтобы стать исполнительным председателем совета директоров и сосредоточиться на покупке биткоинов, не отступает от своего смелого плана превратить MicroStrategy в холдинговую компанию по покупке биткоинов. Общая стратегия Microstrategy заключается в тесной корреляции собственных акций с показателями исторически первой криптовалюты. Здесь стоит добавить, что с 2020 года Сейлор использовал деньги, вырученные от продажи акций и облигаций, для покупки около 130 000 BTC на сумму более 2 миллиардов долларов.</p><p></p><h3><strong>Слияние акций Microstrategy с котировками BTC</strong></h3><h3></h3><p>Эффект двухлетней стратегии Майкла Сейлора заключается в том, что акции MicroStrategy сильно коррелировали с ценой Биткоина - что, с учетом падения котировок BTC в этом году, привело к потере 1,2 млрд долларов. В пятницу акции выросли на 12%, а курс BTC/USD подскочил почти на 10%. Однако после объявления о продаже акции компании упали примерно на 1,5%.</p>

Microstrategy продолжает покупать биткоины

<h2><strong>Saylor wird in dieser Runde 500 Millionen Dollar für den Kauf von BTC bereitstellen</strong></h2><p></p><p>MicroStrategy, ein berühmter amerikanischer Hersteller von Computersoftware, der zu einer <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/how-are-bitcoin-and-ethereum-different/">Bitcoin-Schatzkammer</a> (BTC) geworden ist, plant, seine Aktien im Wert von bis zu 500 Millionen Dollar zu verkaufen, um weitere Käufe der ältesten Kryptowährung zu finanzieren. Diese Finanzoperationen sind ein Zeichen dafür, dass der Vorstandsvorsitzende Michael Saylor trotz seines Rücktritts vom Amt des CEO nicht vorhat, von seinem kühnen Plan zur Anhäufung von BTC abzurücken. Der BTC/USD-Wechselkurs liegt am Sonntag leicht über 21.000 $ pro Münze.</p><p></p><h2><strong>Der Deal bedeutet, dass der Vorstandsvorsitzende Michael Saylor nicht von seiner kühnen Strategie abrücken wird</strong></h2><p></p><p>Die Einreichung bei der US-Börsenaufsichtsbehörde am Freitag enthüllte das Angebot von Microstrategy, Aktien zu verkaufen. In der offiziellen Ankündigung von Microstrategy heißt es, dass die eingenommenen Mittel für "allgemeine Unternehmenszwecke, einschließlich des Erwerbs von Bitcoins" verwendet werden sollen.</p><p></p><p>Dies ist das erste greifbare Zeichen dafür, dass Michael Saylor, der vor kurzem als CEO zurückgetreten ist, um Executive Chairman zu werden und sich auf den Kauf von Bitcoin zu konzentrieren, nicht von seinem kühnen Plan abrückt, MicroStrategy in eine fremdfinanzierte Bitcoin-Holdinggesellschaft zu verwandeln. Die Gesamtstrategie von Microstrategy besteht darin, die eigenen Aktien eng mit der Performance der historisch ersten Kryptowährung zu korrelieren. An dieser Stelle sei erwähnt, dass Saylor seit 2020 das Geld aus dem Verkauf von Aktien und Anleihen zum Kauf von rund 130.000 BTC im Wert von über 2 Milliarden Dollar verwendet hat.</p><p></p><h3><strong>Verschmelzung von Microstrategy-Aktien mit BTC-Kursen</strong></h3><h3></h3><p>Die zweijährige Strategie von Michael Saylor hatte zur Folge, dass die Aktien von MicroStrategy stark mit dem Bitcoin-Kurs korrelierten - was zusammen mit dem diesjährigen Rückgang der BTC-Kurse zu einem Verlust von 1,2 Milliarden Dollar führte. Am Freitag stiegen die Aktien um 12 % und der BTC/USD-Kurs stieg um fast 10 %. Nach der Ankündigung des Verkaufs fielen die Aktien des Unternehmens jedoch um rund 1,5 %.</p>

Microstrategy kauft weiterhin Bitcoins

Microstrategy continues to buy Bitcoins

<p></p><h2><strong>Considerable interest in non-fungible token technology has led to significant changes in the cryptocurrency sector.</strong></h2><p></p><p>The broadly understood NFT market has been sending us subtle signals for some time that it is periodically trying to recover from the impact of the strong bear market that inevitably reached this sector. It is not difficult to quickly come to the conclusion that the prices of top tokens from key collections are still significantly away from the levels of the glory days, which ended around the first quarter of 2022. Despite this pessimistic fact, a certain change in the balance of power in this innovative sphere can be noticed. It is worth adding that so far, the Ethereum blockchain has been the network where non-fungible tokens were traded most frequently. In the end, however, Ethereum had to hand over the leadership position to its long-time competitor, Bitcoin.</p><p></p><h3><strong>NFT trade is booming, but on a different blockchain</strong></h3><p></p><p>Built, among others, by the popular programmer Vitalik Buterin, the Ethereum blockchain has for a long time been associated primarily with the fact that it is the cyberspace where by far the most non-fungible tokens (NFTs) are minted and where the highest trade rate in terms of turnover volume takes place.</p><p></p><p>Recently, however, a revolutionary change took place, which led to BTC taking first place in terms of volume in the last 7 days.</p><p></p><h4><strong>Latest data from the NFT market</strong></h4><p></p><p>The latest data from the platform analyzing turnover volumes in the NFT sector shows that during the week Ethereum decreased by 3.72%, while tokens minted using the Ordinals protocol in the BTC network contributed to an increase by as much as 22.47 %, which led to this network ranking in first place.</p><p></p><p>Finally, it is worth adding that the weekly volume here reached USD 101.3 million. In the case of the Ethereum protocol, it is USD 95.1 million. In third place, without any surprise, was Solana, which recorded a strong jump of 55% over the last week, and the trading volume of non-fungible tokens amounted to USD 66 million.</p>

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Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

<p></p><h2><strong>A financial company draws a positive forecast for one of the largest cryptocurrency projects</strong></h2><p></p><p></p><p>The recent BTC price rally has sparked new enthusiasm in the world of digital currencies, and with it, increased interest in other cryptocurrencies. According to the forecasts of a widely recognized asset management company - VanEck - Solana (SOL) has a good chance of achieving noticeably better results than Ethereum (ETH) by 2024.</p><p></p><h3><strong>Can Solana beat Ethereum?</strong></h3><p></p><p>The spectacular increase in value by as much as 212% in just the last 60 days has resulted in Solana's share on the cryptocurrency market significantly increasing. Digital currency analysts also expect Solana's price oracle platform, Pyth, to likely overtake Chainlink in terms of total value secured (TVS) soon. It is worth adding here that despite Chainlink's current market dominance, analysts deeply believe that the innovative system architecture will make Pyth ultimately defeat its most serious rival.</p><p></p><p>It is worth noting that Solana is currently trading at an average price of $73 per coin, and its price has increased by over 11% in just the last 24 hours. Moreover, there was also an additional increase in 24-hour trading volume to levels exceeding even USD 4.1 billion.</p><p></p><p>Financial firm VanEck additionally forecasts that Ethereum will likely not reach a higher market capitalization than Bitcoin (BTC) until 2024. While Ethereum is likely to outperform other major tech stocks, Bitcoin's regulatory transparency and scale of energy efficiency are widely expected to attract interest from state-owned entities in Asia, Latin America, and the Middle East.</p><p></p><p>Despite Ethereum's very decent results, according to the most common forecasts, it will probably lose market share to other smart contract platforms, such as Solana, whose main competitive advantage is that it can boast a much more reliable scalability schedule. Finally, it is impossible not to mention that Argentina is expected to join the countries sponsoring BTC mining at the state level. This would mean that Argentina would follow in the footsteps of countries such as the United Arab Emirates, El Salvador, Bhutan and Oman.</p>

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Solana will beat Ethereum in some respects by 2024, according to VanEck

<p></p><h2><strong>Cryptocurrency investors who expect the sector to decline suffer significant losses.</strong></h2><p></p><p>According to data provided by the popular firm S3 Partners, short-term investors who focus on companies related to the oldest cryptocurrency suffered significant financial losses exceeding $6 billion in total by trying to short BTC in 2023. These losses were caused by a sudden but consistent reversal of the bearish trend on the Bitcoin chart , as well as the oldest cryptocurrency regaining key price levels.</p><p></p><h3><strong>Traders have lost a fortune shorting Bitcoin-related companies</strong></h3><p></p><p>Based on a report published by the analytical company S3 Partners, traders who at the beginning of 2023 adopted a bearish stance towards listed cryptocurrency companies such as Coinbase, Marathon Digital and MicroStrategy recorded losses of $6.05 billion.</p><p></p><p>Due to the long-term increasing value of digital currencies, many investors taking short positions on shares of companies related to the crypto industry have made significant losses.</p><p></p><p>In just the first three quarters of 2023, some short-term investors reduced their exposure to cryptocurrencies as the sector apparently rebounded. However, since Bitcoin's last low of $25.1K in September 2023, there has been a sustained and sharp increase in short selling totaling approximately $697 million as traders dramatically increased their exposure to what they perceived as an "overbought market." .</p><p></p><p>In a sudden turnaround in the stock market, BTC experienced a significant increase in value and reached a new yearly high of over $44,300 on December 5 this year. This unexpected upward rally resulted in approximately $2.65 billion in losses for short-term investors.</p><p></p><h4><strong>Strong increases in the value of BTC-related enterprises</strong></h4><p></p><p>Undoubtedly, this year's increases in share prices of companies such as Coinbase and MicroStrategy may have been a challenge for many traders who were betting on shorting these shares. For the Brian Armstrong-led company, this year's 290% stock rally has resulted in losses estimated at about $3.5 billion for short-term traders. It is worth adding that this currently constitutes more than half of the total losses incurred in this way throughout 2023.</p><p></p><p>Additionally, MicroStrategy's over 300% growth this year contributed to roughly $1.4 billion in losses for cryptocurrency traders. Despite the current strong growth in the market for digital currencies and related companies, some investors still decide to take short positions, most likely hoping that the upward rally will lose momentum at some point.</p>

Microstrategy continues to buy Bitcoins

Saylor will allocate $ 500 million in this round to the purchase of BTC

The deal means executive chairman Michael Saylor is not backing down from his bold strategy

Merging Microstrategy shares with BTC quotes

Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall

Microstrategy continues to buy Bitcoins

Saylor will allocate $ 500 million in this round to the purchase of BTC

The deal means executive chairman Michael Saylor is not backing down from his bold strategy

Merging Microstrategy shares with BTC quotes

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Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall