BTC is approaching 120,000 USD, MicroStrategy is preparing to issue 2.1 billion USD STRF to buy more Bitcoin.

The S&P 500 closed lower for the third day in a row as the sell-off in US Treasuries due to fiscal concerns did not stop. Bitcoin briefly reached an all-time high of 111,980 this morning, and the ancestor of Bitcoin reserve strategy MicroStrategy ( formerly known as MicroStrategy) announced that it has signed sales agreements with three financial institutions to raise up to $2.1 billion through the issuance of preferred shares STRF to buy bitcoin again.

The tax reform law barely passed, and investors are worried about debt risks.

The recent turmoil in the U.S. Treasury market reflects concerns about a surge in the U.S. debt burden, further exacerbated after Moody's downgraded its U.S. sovereign credit rating on Friday. Investors worry that a tax bill signed by President Trump and barely passed the House of Representatives will exacerbate America's already ballooning deficit.

For some market observers, the message conveyed by bond investors is very clear: unless the United States quickly sorts out its fiscal situation, the risk of lending to the government will increase, and the borrowing costs of long-term government bonds will rise further. This will make it more difficult to reduce the deficit and increase the cost of funding for households and businesses.

Macquarie's Thierry Wizman stated: "Even if the United States is unable to reduce the deficit without leading to a default, the huge deficit still means more bond supply, and may ultimately lead to inflation as the debt is monetized to avoid default."

Federal Reserve Waller: Interest rate cuts may occur in the second half of the year.

Federal Reserve Governor Christopher Waller stated on Fox Business News that if the Trump administration's tariffs on U.S. trading partners remain stable at around 10%, the Federal Reserve may lower interest rates in the second half of 2025.

If we can reduce tariffs to close to 10% and complete all negotiations before July, then our situation in the second half of the year will be very good.

According to the CME FedWatch data, investors generally believe that the Federal Reserve will begin cutting interest rates as early as September, with a total reduction of only two basis points this year.

Bitcoin is approaching 120K, MicroStrategy is preparing for the issuance of 2.1 billion USD STRF.

Bitcoin reached a new high on Bitcoin Pizza Day! On May 22, 2010, Laszlo Hanyecz made the first known real-world Bitcoin purchase, buying two pizzas for 10,000 BTC – worth about $40 at the time. And 15 years later, the value of those pizzas has soared to $1.1 billion.

Bitcoin reached a historic high of 111,980 this morning. The pioneer of Bitcoin reserve strategy, MicroStrategy (, announced a sales agreement with three Financial Institutions, preparing to raise up to 2.1 billion dollars through the issuance of preferred stock STRF.

) Bitcoin hits a historic high, MicroStrategy strikes again! Plans to raise $2.1 billion through a new round of stock issuance (

This article states that BTC is approaching 120,000 USD, and MicroStrategy is preparing for an issuance of 2.1 billion USD STRF to buy Bitcoin again, first appearing in Chain News ABMedia.