The Morning Minute (12.15)Powered by @yeet⏰Top News:-Crypto majors mostly flat over the weekend; Bitcoin at $89,700-SEC issues no-action letter, paves way for tokenized stocks; also shares crypto custody guidance-OCC grants national bank charters to Ripple, Circle and others-Hyperliquid announces portfolio margin soon-Kamino introduces 6 new products in effort to move to full-stack platform🌎 Macro Crypto and Memes-Crypto majors were mostly flat over the weekend; BTC even at $89,700; ETH +1% at $3,150, BNB + ...

Core Insights - Bitcoin hoarding giant Strategy has maintained its position in the Nasdaq 100, continuing its presence for over a year despite analysts questioning its business model [1] Company Summary - The company is recognized as a significant player in the Bitcoin market, indicating its influence and relevance in the cryptocurrency sector [1] - Analysts have raised concerns regarding the sustainability and viability of the company's business model, suggesting potential challenges ahead [1] Industry Summary - The ongoing scrutiny of business models within the cryptocurrency industry highlights the evolving landscape and the need for companies to adapt to market conditions [1] - The performance of Bitcoin-related companies, such as Strategy, is closely monitored by investors, reflecting the broader trends and sentiments in the cryptocurrency market [1]

⚡️ TOM LEE: "Strategy’s $1.4B cash raise is smart, allowing dividends to continue through a Bitcoin slump without touching its 61B $BTC reserves." https://t.co/b9L6XWPsZn ...

BitMine Immersion Technologies Chairman Tom Lee praised Bitcoin treasury firm Strategy's massive new cash reserve. Here's why. https://t.co/fM0f6cVqsb ...

Core Insights - The company Strategy, known for its significant Bitcoin holdings, may face removal from the Nasdaq 100 index during the upcoming annual reshuffle due to concerns regarding its business model and declining share price [1] Company Analysis - Strategy's business model is under scrutiny, which has contributed to a decrease in its share price [1] - Analysts have raised flags about the sustainability of Strategy's operations in the current market environment [1] Market Implications - The potential removal from the Nasdaq 100 index could have significant implications for Strategy's market perception and investor confidence [1] - The annual reshuffle of the index is a critical event that could affect the liquidity and valuation of the company's shares [1]

Corporate Bitcoin Adoption - Corporate Bitcoin adoption is slowing in Q4 2025, with 65% of public companies holding BTC below their purchase prices, resulting in unrealized losses [1][2][3] - The report indicates that public Bitcoin treasuries acquired over 12,600 BTC in November, but monthly disposals offset approximately 1,800 BTC, leading to net additions of around 10,800 BTC [3][4] Market Trends - Bitcoin experienced its steepest monthly decline in November 2025, falling 17.67%, which pushed many buyers from 2025 into negative territory [2][3] - The report projects that Bitcoin additions in Q4 2025 will reach or slightly exceed 40,000 BTC, marking it as the weakest quarter of the year [5] Company Actions - Several firms reduced their Bitcoin exposure in November 2025, with at least five companies reporting net sales driven by balance sheet management [4] - Sequans Communications sold nearly one-third of its Bitcoin reserves, liquidating approximately 970 BTC valued at around $100 million to reduce convertible debt obligations [6] - Kindly MD deployed 367 BTC into strategic investments, while Genius Group sold 62 BTC to strengthen its cash position and later repurchased 42 BTC [6]

Strategy CEO: Bitcoin Will Rise an Average of 21% Per Year Over the Next 21 YearsIn an interview with What Bitcoin Did on November 28, 2025, Strategy CEO Phong Le discussed Bitcoin's potential performance over the next several years, referencing Michael Saylor's model of "21% annual appreciation for the next 21 years", which he believes is a reasonable long-term expectation. He noted that as long as Bitcoin's long-term returns exceed the S&P 500's 14–15% annualized performance—whether that means 30%, 20%, o ...

Hardly a year after it began, the Bitcoin treasury model is falling apart. Just one Bitcoin treasury company managed to outperform the bellwether S&P 500 — which returned investors 16% — in 2025, according to a new report from BitcoinTreasuries.net. The Blockchain Group, a France-based treasury company, has soared roughly 164% since January 1. What about other Bitcoin treasuries? Every other major treasury has underperformed — Strategy is down 12%, Metaplanet has lost nearly one-third of its stock pri ...

本文转载自每日经济新闻 值班编辑 | 江江 视觉 | 顾芗 美国联邦储备委员会12月10日宣布，将联邦基金利率目标区间下调25个基点到3.5%至3.75%之间。这是 美联储继9月17日、10月29日降息后年内的第三次降息，幅度均为25个基点。 鲍威尔就降息决定发表讲话 12月10日，美联储主席鲍威尔就委员会降息决定发表讲话。鲍威尔表示，美联储的货币政策行动以促进 美国民众充分就业和物价稳定的双重使命为指导。在当日的会议上，委员会决定降息25个基点，短期内 通胀风险偏向上行，就业风险偏向下行，形势充满挑战。通过当日的决定，委员会在过去三次会议上已 累计下调政策利率0.75个百分点。此举有助于稳定劳动力市场，并在关税影响消退后，使通胀恢复至2% 的下降趋势。 鲍威尔称，自9月以来，委员会对政策立场的调整使其处于中性预期范围内，这使他们能够根据最新数 据、不断变化的经济前景以及风险平衡，更好地确定政策利率进一步调整的幅度和时机。 鲍威尔表示，在联邦公开市场委员会（FOMC）的经济预测总结中，与会者分别就各自认为最有可能的 经济情景下联邦基金利率的适当路径进行了评估。2026年底联邦基金利率的预测中值为3.4%，20 ...

格隆汇12月11日｜随着比特币下跌2.2%，加密货币相关股票在盘前交易中走低。Strategy股价下跌 2.1%，在美上市的比特农场公司（Bitfarms）股价下跌2.7%，比特数字公司（Bit Digital）股价下跌 3.4%。 ...