The unfavourable information from Japan's interest rate hike has just begun to ferment, and this micro-strategy has encountered another problem. The latest announcement of the Fund has become the last straw that broke the market, stating that it needs to raise 1.44 billion USD to pay interest, which suggests a bit of a financial squeeze. There probably won't be much money left to buy coins afterward. Its stock price plummeted 10% early this morning, and Bitcoin also fell to near its previous low.
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The unfavourable information from Japan's interest rate hike has just begun to ferment, and this micro-strategy has encountered another problem. The latest announcement of the Fund has become the last straw that broke the market, stating that it needs to raise 1.44 billion USD to pay interest, which suggests a bit of a financial squeeze. There probably won't be much money left to buy coins afterward. Its stock price plummeted 10% early this morning, and Bitcoin also fell to near its previous low.