Crypto Mission (cryptomission)

Crypto Mission

Libertarian, airdrop hunter, lover of blockchain technology

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πŸ‡ΊπŸ‡ΈπŸ€πŸ‡¨πŸ‡³ Trump has reached an agreement with China. The USA is lowering tariffs on Chinese goods from 145% to 30%. China is reducing its tariffs from 125% to 10%

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1️⃣ Strategy vs. Class Action Lawsuit βš–οΈ A class action lawsuit has been filed against Strategy, Michael Saylor, and the management covering the period from April 30, 2024, to April 4, 2025 πŸ“‰ Allegations include failure to disclose accounting risks and Bitcoin volatility following changes in accounting standards πŸ›‘οΈ The company promises an "energetic defense" against the SEC 2️⃣ Despite the lawsuit, Strategy keeps buying πŸ’° Strategy acquired 7,390 BTC at an average price of $103,498 per coin (totaling $764.9 million) πŸ“Š The company now holds 576,230 BTC purchased for about $40.18 billion (average price $69,726 per coin) πŸ‘€ Unrealized gains at current prices are around $20 billion 3️⃣ Metaplanet adds more BTC to its treasury πŸ’Ž The company bought an additional 1,004 BTC for $104 million πŸ“ˆ Their total holdings are now worth over $812 million 🎯 They aim to hold 10,000 BTC by the end of the year (currently at 7,800 BTC)

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πŸ’Έ Over $1.7 billion in liquidations, with only $180 million on BTC. πŸ“‰πŸ’€ The first brutal slaughter of altcoins, with average drops of 30-40% from local highs. πŸ‘€πŸ’₯ It’s worth noting that such a deep correction signifies clear capitulation, further intensified by forced liquidations... πŸ’‘ Did you sell, buy, or maybe your coins were liquidated? πŸ˜³πŸ“Š

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