[Lunch Briefing] Bitcoin 50,000 Additional Purchases… MicroStrategy Market Cap Closely Chasing Intel

Major virtual assets are in a downward trend. As of 12:39 pm on the 21st, based on Bithumb, BTC rose 2% from the previous day to 13,511,000 won. ETH fell 0.05% to 4,359,000 won, SOL fell 0.86% to 333,100 won, BNB fell 1.16% to 853,500 won, and XRP fell 1.82% to 1,561 won. The international market is mixed. At the same time, on CoinMarketCap, BTC recorded $95,639.70, up 4.1% from the previous day. ETH fell 0.01% to $3,083.72, SOL rose 2.09% to $235.98, BNB fell 0.65% to $603.67, and XRP rose 3.72% to $1.11. The total market capitalization of virtual assets is the same as the previous day, at about $3.14 trillion (about 438.46 trillion won). The Crypto Fear and Greed Index of alternative.me, a virtual asset data company, fell 1 point from the previous day to 82 points, indicating 'extreme greed'. MicroStrategy, the world's largest BTC holder, saw its market capitalization surge due to large-scale BTC purchases. On the 20th (local time), CoinTelegraph reported that MicroStrategy's market capitalization has surpassed $100 billion (139.9 trillion won) and is expected to soon surpass Intel's market capitalization ($102 billion). MicroStrategy invested a total of $4.6 billion from November 11 to 17 to purchase 51,780 BTC, the largest single transaction on record. MicroStrategy, which has been steadily purchasing BTC for the past 4 years, is now known to hold about $40 billion (about 55.87 trillion won) worth of BTC. MicroStrategy said last month that it plans to raise an additional $42 billion, $21 billion each in capital and debt, to purchase BTC over the next 3 years. Michael Saylor, chairman of MicroStrategy, said on the 15th that the pace of BTC purchases will accelerate from the original plan. Experts expect this aggressive purchase to lead to a rise in the stock price. Eric Balchunas, a Bloomberg Intelligence analyst, said, "On November 20, MicroStrategy was the most traded stock in the United States, surpassing Tesla and Nvidia."