The '1014 High Winning Whale' is short of 75 BTC, worth $7.68 million

[Trump Media Group Reports $54.8 Million Net Loss in Q3, Stock Down Over 62% Year-to-Date] Trump Media & Technology Group (DJT) reported a net loss of $54.8 million in its Q3 financial results, marking the third consecutive quarter of losses. The losses were primarily attributed to $20.3 million in legal fees related to the 2024 SPAC merger and a $54.1 million non-cash loss. Despite generating $15.3 million in options premium income through its Bitcoin strategy and maintaining total assets of $3.1 billion (including approximately 15,000 Bitcoins), the company's stock fell nearly 25% this month, with a year-to-date decline exceeding 62%. Additionally, in Q3, the company purchased 684 million CRO tokens for nearly $100 million in cash and stock, further strengthening its partnership with Crypto.com.

OKX-BTC/USDT is currently trading at $104079.90, with a 5-minute increase of 0.12%. Please be aware of market fluctuations.

The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.

Mert stated that the reason why Crypto Twitter supports ZCash is to promote privacy technology to cover all blockchain ecosystems, giving users more choices when trading on the chain. （CoinDesk）

[JPMorgan Raises IREN Target Price to $28, Focuses on Financial Pressure from AI Transition] JPMorgan analysts stated that IREN's $9.7 billion contract with Microsoft marks a significant step in its transition from Bitcoin mining to artificial intelligence infrastructure. They predict that rapid expansion could increase balance sheet pressure over the next year. In a report released Thursday, JPMorgan raised IREN's December 2026 target price from $24 to $28, citing strong momentum in its AI cloud business and validation from hyperscale partnerships. Analysts pointed out that IREN's expansion of GPU clusters and data center scale faces funding needs and equity dilution risks.