#Trump Coin#
Hot Topic Overview
Overview
Recently, MicroStrategy once again increased its Bitcoin holdings, purchasing 11,000 BTC for $1.1 billion, bringing its total holdings to 461,000. The company's Bitcoin return in early 2025 was 1.69%. Meanwhile, Trump launched his own meme coin, but the coin quickly collapsed after launch, raising concerns about the legitimacy of meme coins. Additionally, Rex has applied for DOGE and TRUMP ETFs, indicating that interest in meme coins persists.
Ace Hot Topic Analysis
Analysis
MicroStrategy has again increased its Bitcoin reserves, buying 11,000 BTC for $1.1 billion, bringing its total holdings to 461,000 BTC. This purchase raised MicroStrategy's overall average purchase price to $63,610. MicroStrategy Executive Chairman Michael Saylor announced the purchase on social media, captioning the post "Things will be different tomorrow." Since tweeting, Saylor has posted multiple photos of himself with Eric Trump, crypto mogul David Sacks, and Robert Kennedy. MSTR shares were down slightly in pre-market trading, while Bitcoin was trading at $104,500, down slightly from late Friday afternoon. Meanwhile, Trump's meme coin crashed amid profits and wider uncertainty in the crypto market, with its pastor dumping a meme coin immediately after his inaugural speech, resulting in 97% of meme coins being sold. Mark Cuban has criticized Trump's meme coin as a "selfish" disaster that jeopardizes the legitimacy of crypto. Additionally, Rex has filed for DOGE and TRUMP ETFs, causing a stir in the market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
MicroStrategy continues to accumulate Bitcoin and has become a strong supporter of Bitcoin. Its continuous buying behavior is considered a positive signal for Bitcoin price growth.
The launch of the Trump meme coin has sparked controversy, with some arguing that it will harm the legitimacy of cryptocurrency, while others see it as a new opportunity for the crypto market.
MicroStrategy's Bitcoin holdings have reached 461,000, accounting for 2.2% of the total. Its continued accumulation indicates the company's confidence in the long-term value of Bitcoin.
Rex has applied for DOGE and TRUMP ETFs, indicating a rising market interest in meme coins and Trump-related assets.