Michael Saylor suggests Microsoft adopt Bitcoin as a core corporate strategy
Michael Saylor gave a 3-minute speech at the Microsoft board meeting, and according to his disclosed Bitcoin strategy slides, he proposed that Bitcoin is the core opportunity for the next wave of technological innovation, and suggested that Microsoft adopt Bitcoin as a core corporate strategy. He believes that Bitcoin is "digital capital", and in the current global asset market of about $900 trillion, Bitcoin's market value is expected to grow from the current $2 trillion to $280 trillion by 2045, surpassing traditional assets such as bonds and gold.
The report emphasizes that Bitcoin's asset performance far exceeds traditional financial instruments, with an annualized return significantly higher than bonds and stocks, and almost no counterparty risk. Saylor also suggested that Microsoft use part of its funds for Bitcoin investment to replace the traditional dividend distribution and stock repurchase strategy, and predicted that this move will add up to $4.9 trillion in market value for Microsoft by 2034.
In addition, he pointed out that the global institutional support for Bitcoin is continuously increasing, including endorsements from governments, Wall Street and well-known political figures, demonstrating its potential to become an important component of global corporate financial strategies. Saylor called on Microsoft to seize this opportunity and take the lead in global digital financial innovation.
According to the Nikkei News, the Japanese crypto currency exchange DMM Bitcoin will shut down operations and sell its assets to an SBI Group subsidiary.
XRP market cap surpasses SOL, ranking 4th in the crypto currency market cap ranking
PANews, December 2nd news, according to coingecko data, XRP market cap surpassed SOL, ranking 4th in the crypto currency market cap ranking, XRP rose 17.6% in 24 hours, currently at $2.28, with a market cap of about $1.301 billion, SOL fell 0.3% in 24 hours, currently at $237.13, with a market cap of $1.127 billion.
Ethereum returns to the top 30 global asset market cap rankings
According to data disclosed by Cointelegraph on the X platform, Ethereum's market cap has surpassed the US chain membership warehouse retail giant Costco and Vanguard Group, Inc., returning to the top 30 global asset market cap rankings, currently ranked 29th.
Moonshot launches Meme coin Mundi (MUNDI) on the Solana chain
The relative unrealized profit rate of long-term BTC holders is 0.74, lower than the previous high
Ripple will lock up 1 billion XRP in a custodial wallet early this morning
According to Whale Alert monitoring, Ripple has re-locked a total of 1 billion XRP into a custodial wallet at 2:21 am and 2:22 am this morning, worth about $1.546 billion.
Paxos: As of the end of October, the number of USDG tokens on the Ethereum network was 10,750,140
Stablecoin issuer Paxos has released its first USDG attestation report, which discloses that as of 5:00 pm Singapore time on October 31, 2024, the number of tokens held in the USDG contract on the Ethereum network was 10,750,140, and the fair value of the redemption assets was at least equal to or greater than $10,750,140, and the number of USDG tokens did not exceed the reported redemption asset balance.
Token Unlocks data shows that tokens such as TAIKO, ADA, and ENA will see large unlocks next week:
Taiko (TAIKO) will unlock about 9.29 million tokens on December 5th at 8pm Beijing time, accounting for 11.38% of the current circulating supply, worth about $20.9 million;
Cardano (ADA) will unlock about 18.53 million tokens on December 6th at 8am Beijing time, accounting for 0.05% of the current circulating supply, worth about $19.8 million;
Ethena (ENA) will unlock about 12.86 million tokens on December 4th at 3pm Beijing time, accounting for 0.45% of the current circulating supply, worth about $10.5 million;
Eigenlayer (EIGEN) will unlock about 1.29 million tokens on December 4th at 3am Beijing time, accounting for 0.69% of the current circulating supply, worth about $4.9 million;
Dora Factory (DORA) will unlock about 28.57 million tokens on December 2nd at 8am Beijing time, accounting for 2.86% of the current circulating supply, worth about $3.5 million;
Cetus Protocol (CETUS) will unlock about 8.33 million tokens on December 6th at 8am Beijing time, accounting for 1.37% of the current circulating supply, worth about $3.1 million;
Everclear (NEXT) will unlock about 20.11 million tokens on December 5th at 8am Beijing time, accounting for 18.82% of the current circulating supply, worth about $2.6 million;
Staika (STIK) will unlock about 1.57 million tokens on December 4th at 8am Beijing time, accounting for 0.00% of the current circulating supply, worth about $2.4 million;
Delysium (AGI) will unlock about 8.57 million tokens on December 5th at 8am Beijing time, accounting for 0.67% of the current circulating supply, worth about $2.1 million.
