据 The Block 报道，挪威政府养老基金在 2025 年通过持有加密相关上市公司股票，获得约 9,573 枚 BTC 的间接敞口，同比增长约 149%。该敞口主要来自对 Coinbase、Marathon Digital、Metaplanet 等公 司的投资，属于间接持有，并非基金直接配置比特币。 （来源：吴说） ...

RIOT平台公司股价下跌5.8%，比特数字公司股价下跌2.5%，MARA控股公司股价下跌5.4%。 Coinbase Global股价下跌4.7%，Bitfarms股价下跌5.3%，Strategy股价下跌6.4%。ProShares比特币策略ETF下跌 4.2%，安硕比特币 信托下跌4.2%。 ...

Core Viewpoint - A governance dispute has emerged within CEA Industries (BNC), involving YZi Labs, as the latter seeks changes to the board amid concerns over the company's strategic execution and stockholder rights [1][2][3]. Group 1: Governance Dispute - YZi Labs is reviewing CEA Industries' recent decisions, including a stockholder rights plan and tightened consent rules, as it pushes for board changes [1]. - The dispute centers on whether CEA has effectively delivered on its strategic plan to establish a substantial BNB treasury [2]. - YZi Labs has initiated a consent solicitation to advocate for changes in the board and governance structure, framing it as a fundamental rights issue due to significant equity value loss [4]. Group 2: Financial Performance - CEA Industries secured a $500 million private placement, with the potential to raise up to $1.25 billion if all warrants are exercised [2]. - BNC's stock price has significantly declined, closing at $6.41 on January 5, down approximately 92% from its 52-week high of $82.88 [3]. - CEA reported holdings of 515,554 BNB valued at roughly $464.6 million as of December 4, indicating ongoing commitment to its BNB treasury strategy [6]. Group 3: Company Responses - CEA's board views the stockholder rights plan as a standard measure to prevent control by any group without fair compensation [4]. - The updated bylaws include new procedures for consent solicitations, such as a required record date and a 60-day completion window [6]. - CEA has pushed back against YZi's criticisms, asserting its commitment to the BNB treasury strategy despite the ongoing governance dispute [6].

Group 1 - BitMine Immersion Technologies Inc. has become one of the most favored overseas stocks among South Korean investors for 2025, ranking just behind Alphabet Inc. [1] - South Korean retail investors have cumulatively net purchased approximately 1.4 billion USD worth of BitMine this year, increasing their exposure through a 2x leveraged ETF launched by T-Rex [1] - The stock price of BitMine fell about 80% from its peak in July, despite a significant rise after the announcement of its shift from Bitcoin mining to Ethereum reserves [1] Group 2 - The 2x leveraged ETF introduced by T-Rex has seen a decline of approximately 86% since its peak in September [1] - Ethereum has experienced a cumulative decline of about 11% in 2025, with momentum significantly weakening after reaching nearly 5,000 USD in August [1]

Group 1 - Bitcoin-related stocks declined on Friday, with Coinbase (COIN.US) down over 2.7% [1] - Strategy (MSTR.US) fell more than 2.3%, while Circle (CRCL.US) dropped over 3% [1] - Iren Ltd (IREN.US) and Mara Holdings (MARA.US) both experienced declines exceeding 4% [1] Group 2 - Bitcoin's price fell below $87,000 in the short term [1]

Core Viewpoint - Bitcoin-related stocks experienced a pre-market rise as Bitcoin's price increased over 1%, reaching $88,212 [1] Group 1: Company Performance - MicroStrategy (MSTR.US) saw a pre-market increase of over 4% [1] - Coinbase (COIN.US) rose by more than 3.8% in pre-market trading [1] - Circle (CRCL.US) experienced a pre-market gain of over 4% [1] - Robinhood (HOOD.US) surged by more than 4.8% in pre-market activity [1]

智通财经APP获悉，周二，比特币概念股盘前走高，截至发稿，Strategy(MSTR.US)涨超3.3%， Circle(CRCL.US)涨超3.4%，Coinbase(COIN.US)涨近3%，Robinhood(HOOD.US)涨超2%。比特币涨超 2%，报88231.94美元。 ...

Core Viewpoint - Strategy Inc. has established a $1.4 billion reserve to fund future dividend and interest payments, addressing investor concerns regarding its substantial Bitcoin holdings [1] Group 1 - The reserve is specifically aimed at easing investor fears related to the company's status as the world's largest corporate holder of Bitcoin [1] - The establishment of this reserve indicates a proactive approach by the company to ensure financial stability and maintain investor confidence [1]

Core Insights - Strategy Incorporated (NASDAQ:MSTR) has been highlighted by Jim Cramer as a significant player in the Bitcoin market, especially as Bitcoin prices have recently fallen below $90,000 [2] - Cramer refers to the CEO, Michael Saylor, as "Houdini," indicating that while there are concerns about the company's performance, Saylor has a history of surprising the market with his decisions [2][3] - The stock has experienced a notable decline of 37% over the past month, raising concerns about its future performance [2] Company Overview - Strategy Incorporated is viewed as a "proxy" for Bitcoin, meaning its performance is closely tied to the fluctuations in Bitcoin prices [2] - Cramer has expressed mixed feelings about the company, acknowledging its potential while also highlighting the risks associated with its heavy reliance on Bitcoin [2][3] Market Context - The current market sentiment is described as "risk-off," which has contributed to the decline in Bitcoin prices and, consequently, the performance of Strategy Incorporated [2] - Cramer has previously discussed the broader context of investments in crypto-related stocks, suggesting that many investors may lack the necessary information to make informed long-term decisions [3]

Core Viewpoint - Bitcoin experienced a significant drop, falling below $82,000 and reaching a low of $81,330, marking the lowest point since April 7, with a daily decline exceeding 9% [1] - Strategy, the largest corporate holder of Bitcoin, saw its stock price drop nearly 5% in pre-market trading, down 67% since its historical high in November 2024, and over 56% in the past six months [2] Group 1: Market Impact and Concerns - JPMorgan issued a warning that Strategy may be removed from the MSCI index, which could trigger a potential outflow of up to $2.8 billion [4][5] - The discussion about Strategy's potential removal from the MSCI index stems from a recent consultation document by MSCI, which evaluates companies primarily holding a single volatile asset [5][6] - If MSCI decides to exclude Strategy, passive funds linked to these indices would be forced to adjust their positions, leading to significant structural outflows [6] Group 2: Company Performance and Strategy - Strategy's business model, initiated in 2020, involved converting cash reserves into Bitcoin and issuing debt to acquire more Bitcoin, creating a unique "Bitcoin proxy model" [7] - The recent decline in Bitcoin prices has weakened Strategy's growth model, with Bitcoin dropping from over $125,000 to around $81,000 in just over a month, a decline of 35% [7] - The implied net asset value (mNAV) of Strategy has fallen close to 1, indicating that the company's stock price is nearly equivalent to the value of its Bitcoin holdings, limiting its ability to issue high-priced shares for further acquisitions [8] Group 3: Analyst Perspectives - Despite the challenges, some analysts maintain a positive outlook on Strategy, with Bernstein's chief analyst reiterating a "buy" rating and a target price of $600, suggesting a potential upside of 238% from current levels [9] - Concerns regarding forced Bitcoin sales are considered exaggerated, as Strategy still possesses ample liquidity and flexibility in long-term debt [10] - Recent significant Bitcoin purchases by Strategy, amounting to $835.6 million, indicate ongoing institutional demand for Bitcoin, suggesting that if prices stabilize, Strategy's stock could present an attractive entry point [10]