Reuters: Regardless of who takes over the White House, the cryptos industry in the USA will usher in a "regulatory spring."
On Thursday (October 30th), Reuters reported that despite years of conflicts with the Democratic President Biden administration on regulatory issues, executives in the cryptos industry expect that whoever takes over the White House next week, Washington will adopt a more lenient stance.
Express News | MicroStrategy plans to raise $42 billion in the next three years to purchase bitcoin.
Express News | MicroStrategy has been purchasing bitcoin every quarter since Q3 2020.
The financial report has seen three consecutive losses, with an annual increase surpassing nvidia. Can "bitcoin agent" MSTR continue to skyrocket?
Microstrategy's main business is struggling, but its side business in bitcoin is very profitable. The company plans to raise $42 billion in the next three years to continue buying bitcoin. After a surge of 1700% in 2022, some analysts are concerned about the 200% premium on the stock price, while others are looking forward to next year's new accounting standards valuing the company's holding of bitcoin at market prices, thereby reversing MicroStrategy's loss-making situation.
Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases
MicroStrategy Options Spot-On: On October 31st, 340.8K Contracts Were Traded, With 1.99 Million Open Interest
On October 31st ET, $MicroStrategy(MSTR.US)$ had active options trading, with a total trading volume of 340.8K options for the day, of which put options accounted for 44.88% of the total transactions,