According to Odaily Planet Daily, Strategy CEO Phong Le stated in an interview that accessing capital markets during a bear market is far more difficult than during a bull market, and the company can no longer raise funds as easily as before. The launch of preferred shares such as Stretch aims to enable MicroStrategy to secure funding even when Bitcoin prices are flat or volatile. He pointed out that MicroStrategy has built a Bitcoin finance framework over the past five years that works effectively in both bull and bear markets, and newly issued preferred shares must undergo a similar market "stress test." Facing a potential new downturn, the company will continue to pay dividends to steadily build investor confidence and pave the way for future fundraising, further solidifying its position as a Bitcoin finance and credit issuer capable of navigating complete market cycles.

According to Huoxun Finance on December 13th, Alex Thorn, Research Director at Galaxy Research, published an article on the X platform titled "Don't Underestimate Tether," pointing out that Tether has established a vast investment and business operations. Its USDT stablecoin has a circulating supply exceeding $185 billion. The company also invests in agricultural and robotics companies, operates Bitcoin mining and high-performance computing (HPC) data centers, and develops AI-powered health applications (QVAC) and a private messaging application (Keet). Furthermore, Thorn disclosed in a recent report that Tether is the largest centralized financial (CeFi) lender in the cryptocurrency space, with loans exceeding $14 billion and dividends paid to shareholders exceeding $10 billion in the first nine months of this year.

According to data from Coinglass, as reported by Odaily Planet Daily, 101,396 people worldwide were liquidated in the past 24 hours, with a total liquidation amount of $311 million. Of this, $265 million was liquidated from long positions and $45.34 million from short positions. The largest single liquidation occurred on Hyperliquid, involving the ETH-USD trading pair, and was valued at $5.6806 million.

Odaily Planet Daily reports that Michael Saylor retweeted a news report that Strategy will remain in the Nasdaq 100 index and responded that he will continue to accumulate Bitcoin until the market complaints stop.

According to Alex Thorn's monitoring, Galaxy Research's research director, Alex Thorn, published an article on the X platform titled "Don't Underestimate Tether," pointing out that Tether has established a massive investment and business operations. The circulating supply of Tether's USDT stablecoin has exceeded $185 billion. The company also invests in agricultural and robotics companies, operates Bitcoin mining and high-performance computing (HPC) data centers, and develops an AI-powered health application (QVAC) and a private messaging application (Keet). Furthermore, the latest report shows that Tether is already the largest centralized financial (CeFi) lender in the cryptocurrency space, with loans exceeding $14 billion, and paid over $10 billion in dividends to shareholders in the first nine months of this year.