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Recently, a giant whale deposited 194,940 LINKs worth approximately $4.69 million into CEX and sold them at an average price of $24 for a profit of approximately $2.14 million. This megalodon has accumulated these LINKs at a cost of approximately $2.55 million over the past 6.5 months, and the profit on this transaction indicates the success of its investment strategy in LINKs and may signal optimistic expectations for future price action in LINKs. The entry of a giant whale is often seen as a positive sign of market sentiment and may attract more investors to LINK, driving its price higher. However, it should be noted that the trading behavior of giant whales does not necessarily represent the overall market trend, and investors should analyze the market situation carefully and exercise independent judgment when making investment decisions.

MicroStrategy plans to raise up to $2 billion through preferred stock offerings to advance its ambitious “21/21” plan to meet its funding goals by issuing $42 billion in equity and fixed-income securities. We believe that any preferred stock the company may offer will likely include both of these features, with the ability to convert to common stock providing preferred stock investors with an element of volatility and optionality that they don't often see,” Palmer said.