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"Bitcoin Bank" MicroStrategy: Crazy Hoarding, Stock Soaring 26 Times, But Core Business Remains Loss-Making
"Bitcoin Bank" MicroStrategy: Crazy Hoarding, Stock Soaring 26 Times, But Core Business Remains Loss-MakingLeveraging its "hoarding Bitcoin" strategy, publicly listed company MicroStrategy (MSTR.US, hereinafter referred to as "MSTR") has seen its stock price surge, outpacing even the growth of tech giant Nvidia...
Blockchain 2024-11-15 22:25:42 -
China's Smartphone Market Accelerates High-End Trend, But Price Hike Sparks Controversy, Honor CEO Zhao Ming: "We Must Shoulder the Pressure"
China's Smartphone Market Accelerates High-End Trend, But Price Hike Sparks Controversy, Honor CEO Zhao Ming: "We Must Shoulder the Pressure"In the first half of 2024, China's smartphone market exhibited a high-end trend, with sales in the segment exceeding $600 (approximately RMB 4,338) increasing by 8% year-on-year, while the overall market grew by 4%. According to a report by market research firm Counterpoint Research, this growth trend is attributed to sustained consumer demand for high-end phones and manufacturers' continuous investment in premium products...
Mobile Internet 2024-11-15 19:01:51 -
Lenovo's Mobile Business Sees a Resurgence: Revenue Up 43% YoY to a Record High, Targeting Global Markets
Lenovo's Mobile Business Sees a Resurgence: Revenue Up 43% YoY to a Record High, Targeting Global MarketsOn the morning of November 15th, Lenovo Group released its financial results for the second quarter of fiscal year 2024/25, ending September 30, 2023. The report revealed that Lenovo's revenue reached RMB 127...
Mobile Internet 2024-11-15 18:36:20 -
Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?
Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?Amidst Trump's upcoming bid for a second term in the next Congress, his ally, US Senator Cynthia Lummis, has put forward a bold proposal: to establish a "strategic bitcoin reserve" as proposed by Trump, by selling off a portion of the Federal Reserve's gold reserves and using the proceeds to purchase Bitcoin. This plan has sparked heated debate, and market reaction to the proposal has been mixed...
Blockchain 2024-11-15 16:48:31 -
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All Wrong
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All WrongSince the night of the US presidential election, the price of Bitcoin has skyrocketed, adding nearly $500 billion in market value in less than two weeks, a near one-third increase. However, some market analysts believe that Trump's policies on cryptocurrency may not be good news, and may even lead to an outflow of funds from the Bitcoin market...
Blockchain 2024-11-15 16:26:11 -
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remain
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remainWhile it's not uncommon for publicly listed companies to invest in stocks, especially those with ample cash reserves, it's less common to see them heavily investing in cryptocurrencies. Following Donald Trump's election as US President, Bitcoin has surged, recently hitting a record high of over US$90,000...
Blockchain 2024-11-15 16:04:55 -
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data System
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data SystemFinancial World, November 15, 2024 - According to information from the State Intellectual Property Office, State Grid Gansu Electric Power Company has applied for a patent titled "A Blockchain-Based Power Core Data Traceability System", with a publication number of CN118944957A, and an application date of August 2024.This patent aims to address the existing problems of complex traceability paths, data privacy tampering, and leakage in current power data traceability methods...
Blockchain 2024-11-15 13:59:08 -
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?Republican Senator Cynthia Lummis from Wyoming plans to push a proposal named the BITCOIN Act in the next Congress, which would require the US government to purchase 1 million Bitcoins, representing nearly 5% of the cryptocurrency's circulating supply. This proposal has sparked widespread discussion, becoming a prominent issue in American politics...
Blockchain 2024-11-15 13:21:52 -
The Lummis Proposal: Selling Fed Gold to Buy a Million Bitcoins
The Lummis Proposal: Selling Fed Gold to Buy a Million BitcoinsSenator Cynthia Lummis, a Republican from Wyoming, plans to introduce a bill in the next Congress that would sell a portion of the Federal Reserve's gold reserves to create a strategic Bitcoin reserve. The legislation would require the US to purchase 1 million Bitcoin, representing nearly 5% of the outstanding coins...
Blockchain 2024-11-15 11:47:12 -
Dimensity 9400: The King of Performance and Efficiency, Leading the New Era of Mobile Platform Chips
Dimensity 9400: The King of Performance and Efficiency, Leading the New Era of Mobile Platform ChipsThe past October marked the official start of a new round of fierce competition among flagship mobile platform chips. As the smartphone market intensifies and the demand for performance and energy efficiency evolves, the technological path of flagship SoC chips is gradually diverging...
Mobile Internet 2024-11-15 11:24:37 -
Lenovo's Smartphone Business Shows Strong Growth, Q2 Revenue Up Nearly 24% Year-on-Year
Lenovo's Smartphone Business Shows Strong Growth, Q2 Revenue Up Nearly 24% Year-on-YearAccording to recent data from market research firm IDC, Lenovo's smartphone business has entered the top five in global markets (excluding China) in terms of total revenue. Meanwhile, research from TechInsights for the third quarter of 2024 indicates that Lenovo-Motorola witnessed the fastest growth among the top ten global smartphone manufacturers with a 26% shipment increase, propelling them to the seventh position globally...
Mobile Internet 2024-11-15 11:20:30 -
Nubia Z70 Ultra Officially Announced: Launching on November 21st, Featuring a Hole-less Full-Screen Display and the Nebula AIOS System to Usher in a New Wave of Technology
Nubia Z70 Ultra Officially Announced: Launching on November 21st, Featuring a Hole-less Full-Screen Display and the Nebula AIOS System to Usher in a New Wave of TechnologyNubia officially announced on November 14th that its newest flagship model, the Z70 Ultra, will be officially launched on November 21st, 2024 at 2 PM. As Nubia's most anticipated product of the year, the Z70 Ultra will lead the mobile industry into a new era of technology with its groundbreaking hole-less full-screen design, powerful hardware configuration, and the first-ever Nebula AIOS system...
Mobile Internet 2024-11-15 10:35:56
