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BTC $77,124.50 +2.69%
ETH $2,421.10 +3.08%
BNB $643.44 +1.24%
XRP $1.48 +1.65%
SOL $88.86 -0.21%
TRX $0.3277 +0.26%
DOGE $0.0995 +0.33%
ADA $0.2587 -0.15%
BCH $453.83 -0.27%
LINK $9.61 +0.58%
HYPE $44.60 +1.74%
AAVE $115.26 -0.10%
SUI $0.9994 -0.17%
XLM $0.1743 +3.05%
ZEC $328.92 -3.20%

victory

MARA plans to raise $500 million to purchase cryptocurrency, Rumble adds $20 million to its quota, and Victory Securities' holding ratio rises to 35%

According to BBX data, yesterday global publicly listed companies showed a strong momentum in transitioning from "self-funded purchases" to "large-scale capital market instruments" in the crypto treasury space:Convertible Bond Heavyweight: Marathon Digital (NASDAQ: $MARA) announced yesterday its plan to issue $500 million in convertible senior notes through a private placement, with the net proceeds primarily intended for purchasing more Bitcoin. This marks a trend among top mining companies to emulate the MSTR model, directly expanding reserves using capital market premiums.Treasury Holdings Increase: Rumble (NASDAQ: $RUM) board approved an additional $20 million allocation for Bitcoin yesterday. As a video platform giant, Rumble is viewing BTC as the core financial settlement asset of its decentralized content ecosystem.Digital Pioneer in Hong Kong: Victory Securities (HKG: 8540) disclosed yesterday that the proportion of digital assets in its proprietary investment portfolio has increased to 35%. The company clearly stated that it will leverage its licensed advantage from the Hong Kong Securities and Futures Commission to continuously expand its financial exposure in the Web3 space.High Retention Strategy: TeraWulf (NASDAQ: $WULF) released its latest operational report, showing that its Bitcoin output retention rate (HODL Rate) reached 95% yesterday. Through the low-cost advantage driven by nuclear energy, the company has achieved nearly full compliance with the "output equals deposit" financial discipline.Small and Mid-Cap Defense: LQR House (NASDAQ: $LQR) confirmed that it has executed the $1 million Bitcoin purchase plan approved yesterday. Although smaller in scale, this further validates that small and mid-cap companies in the U.S. stock market generally regard BTC as a "standard firewall" against cash inflation.

Trump's control over Congress begins to loosen, with a major victory for the Democrats in the midterm election battlegrounds

The Democratic Party won the gubernatorial elections in Virginia and New Jersey on Tuesday, regaining political momentum. Voter unease over the economic situation during Trump's second term may pave the way for the Democrats to gain control of Congress next year. Abigail Spanberger's easy victory in the Virginia gubernatorial race, along with Mikie Sherrill's win in New Jersey, constitutes the most significant electoral victories for the Democrats since Trump returned to the White House. Polls from the Associated Press in Virginia and New Jersey show that about 60% of respondents feel "angry" or "dissatisfied" with the current state of the country, while only one-third express "enthusiasm" or "satisfaction." CNN polls indicate that more than half of voters intend to send a message to Trump with their ballots."Off-year" elections serve as both a referendum and a political barometer, as well as a roadmap for the future. The American public's re-evaluation of Trump's performance in office also concerns the future viability of his policy agenda. As the voting takes place, the U.S. government shutdown has entered its sixth week, setting a record for the longest shutdown in U.S. history. Trump's efforts to cut federal spending have left hundreds of thousands of workers idle and hindered the release of economic data.
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