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ChainCatcher News, Strategy Inc announced today that, subject to market and other conditions, the company plans to issue long-term euro-denominated credit instruments—3,500,000 shares of Strategy 10% Series A Perpetual Stream Preferred Stock (abbreviated as "STRE Stock"). Strategy plans to use the net proceeds from this issuance for general corporate purposes, including purchasing bitcoin and supplementing operating funds.

According to Jinse Finance, on-chain analyst Yu Jin has monitored that the whale who previously achieved 14 consecutive winning large positions has now broken his winning streak: not only has he given back the $15.83 million earned from 14 consecutive winning trades over the past 20 days, but he is also currently facing an unrealized loss of $20 million on his principal. Moreover, his current positions are only 8 percentage points away from liquidation. Eight hours ago, he closed out BTC, ETH, and SOL long positions worth $258 million at a loss, realizing a loss of $15.65 million. This figure is almost identical to the $15.83 million profit he made from 14 consecutive winning trades over the previous 20 days, meaning that this forced closure has wiped out all his previous profits. He still holds ETH, SOL, and HYPE long positions worth $148 million, with an unrealized loss of $18.86 million, which is a direct loss on his principal. The remaining positions do not seem particularly safe either; if prices drop another 8%, they will reach his liquidation price: ETH’s liquidation price is at $3,196, and SOL’s liquidation price is at $143.5.