How Stablecoins Could Extend Dollar Dominance
The Breakdown
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Exploring Bitcoin Social Media Posts, ETF Flows, and MicroStrategy's Bitcoin Acquisition Strategy
The chapter explores the surge in social media posts about purchasing Bitcoin during a decline, the negative sentiment observed on crypto Twitter, and the notable outflows in ETFs, especially at Fidelity. It wraps up with MicroStrategy's move to raise their Bitcoin holdings by issuing convertible notes, anticipating notable growth in their Bitcoin reserves.
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