Overview of Major Overnight Developments on November 4

7:00 (UTC+8) - 12:00 (UTC+8) Keywords: Strategy, BitMine, Alphabet 1. The probability of a 25 basis point rate cut by the Federal Reserve in December is 67.3%; 2. Strategy increased its holdings by 397 BTC last week, with an average price of $114,771; 3. Google’s parent company Alphabet is seeking to raise $15 billion through a US dollar bond issuance; 4. BitMine increased its holdings by 82,353 ETH last week, bringing its total holdings to 3.395 million ETH; 5. Last week, US spot Bitcoin ETFs saw a net outflow of $802 million, with a trading volume of $25 billion; 6. Federal Reserve Governor Cook: A rate cut in December is possible, but it will depend on subsequent new data; 7. Strategy plans to launch euro-denominated perpetual preferred shares, with the funds to be used to purchase more Bitcoin.