Episode 412
📍 MicroStrategy has rebranded to "Strategy" to reflect its primary focus on Bitcoin, with holdings of 471,107 tokens worth over $45 billion at the current price.
📍 Strategy reported a Q4 net loss of $3.03 per share, taking an impairment charge on its Bitcoin holdings, but aims for a $10 billion dollar gain on its Bitcoin holdings in 2025.
📍 Meanwhile, a new blockchain called Berachain is set to launch, utilizing a novel "proof-of-liquidity" consensus mechanism and offering three native tokens: BERA for gas and network security, BGT for governance and rewards, and HONEY as a stablecoin.
📍 Raydium, a decentralized crypto trading engine on Solana, is making a bid for the multibillion-dollar perpetuals market, with its month-old perps service already seeing $100 million in daily volume and aiming to corner the market with its vast asset offerings.
📍 Berachain's mainnet launch is scheduled for February 6, with a BERA airdrop of 79 million tokens to the community, and a goal to solve the "cold start problem" faced by most early blockchains by providing users with meaningful interactions from day one.
