MicroStrategy recorded 14 billion USD in Bitcoin revenue in the second quarter, and its preferred stocks performed well and became a good helper for fundraising

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ABMedia
07-08
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Here's the English translation: Bitcoin Reserve Strategy Pioneer MicroStrategy Strategy (formerly MicroStrategy) has good news in the second quarter! Due to the Bitcoin price rebound and recent accounting changes, Strategy achieved $14.05 billion in unrealized gains in the second quarter. Strategy also announced the issuance of $4.2 billion in preferred stock STRD in the market, with proceeds to be used for general corporate purposes, including Bitcoin acquisition. After issuing three preferred stocks STRK, STRF, and STRD, the stock prices performed excellently, becoming a favorite fundraising tool for investors. [The rest of the translation follows the same approach, maintaining the structure and translating all text while preserving HTML tags and specific terms like BTC, STRD, etc.] In the final paragraph: After US President Trump announced increased tariffs on major trading partners like Japan and South Korea, US stocks fell from historical highs. Bitcoin retreated from above 109K but remained relatively stable, trading at $108,295 before this report, while Ethereum maintained above $2,500. The Bitcoin volatility index (DVOL) remained at a two-year low of 38.67, suggesting the era of extreme crypto market volatility may have passed.

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New Round of Tariff Impact, US Stocks Retreat from Historical Highs

US President Trump sent out tax rate letters to various countries on Monday, including:

  • Imposing 25% tariffs on goods from Japan, South Korea, and Malaysia
  • Imposing 32% tariffs on Indonesia; 35% tariffs on Bangladesh
  • Imposing 36% tariffs on Thailand and Cambodia
  • Imposing 40% tariffs on Laos and Myanmar

White House Press Secretary Karoline Leavitt stated that about a dozen countries will directly receive tariff notifications from the president on Monday. She mentioned that more letters will be sent in the coming days.

Trump also signed an executive order extending the "reciprocal" tariff deadline from Wednesday to August 1, citing the decision was "based on supplementary information and recommendations from senior officials".

Investors Focus on Federal Reserve Meeting Minutes and Upcoming Earnings Season

So far, the US economy remains stable, with good employment conditions and moderate inflation. Despite Trump's pressure for rate cuts, the Federal Reserve remains cautious about tariffs and hopes to observe the impact on output in the coming months.

Investors will analyze the Federal Reserve's June policy meeting minutes on Wednesday.

Additionally, the US stock earnings season is about to begin, and investors hope the upcoming earnings season will serve as a catalyst for the S&P 500 index to continue its upward trend.

BTC at 108K, Volatility Maintained at Low Point

Bitcoin retreated from above 109K but maintained a relatively stable trend, reporting at $108,295 before closing, while Ethereum remained above $2,500, with the Coinglass Fear and Greed Index still in the 74 greed zone. The Bitcoin volatility index (DVOL) remained at a two-year low of 38.67, suggesting the era of dramatic crypto market fluctuations may be over.

(Bitcoin Volatility Drops to Two-Year Low, Will Traditional Finance Make BTC More Stable?)

Risk Warning

Cryptocurrency investments carry high risks, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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