U.S. stock night market fluctuations: The People's Bank of China reiterates its anti-cryptocurrency stance, Bitcoin rises 5.48% against the trend in the night market

U.S. Stock Night Market Movements American Bitcoin rose 5.48% in the night market. Based on recent key news: On December 1, the People's Bank of China reiterated its anti-cryptocurrency stance, emphasizing that virtual currencies do not have legal tender status, leading to a decline in Bitcoin prices of over 5%. This move intensified market risk aversion, affecting the performance of cryptocurrency-related stocks. Source: FX168 On December 2, Strategy announced the establishment of a $1.4 billion cash reserve to address debt expenditures and may sell Bitcoin to maintain financial stability. This news raised market concerns about Bitcoin prices, leading to stock price fluctuations. Source: Bloomberg On December 2, Bitcoin prices significantly corrected, with a market value evaporating by nearly $750 billion, as investors turned to safe-haven assets like gold. This volatility was related to news of a potential interest rate hike by the Bank of Japan, affecting market sentiment. Source: Reuters Cryptocurrency market volatility intensified, and risk aversion increased. Stocks with High Trading Volume in the Industry IREN rose 3.16% in the night market. Based on recent key news: On December 2, IREN announced the issuance of $2 billion in convertible bonds, leading to stock price fluctuations. This move aims to repurchase existing bonds and conduct capital transactions, impacting the stock price with a decline of 6%. Source: Bloomberg On December 2, IREN reached a nearly $10 billion computing power agreement with Microsoft, driving the stock price up. This agreement will enhance the company's competitiveness in the AI field. Source: Bloomberg On December 2, analysts raised IREN's target price to $85.5, reflecting market optimism about its future growth. Source: FactSet AI industry demand is growing, and capital inflow is significant. BitMine rose 2.29% in the night market. Based on recent key news: On December 1, BitMine announced that its total cryptocurrency holdings reached $12.1 billion, including 3,726,499 ETH. This news demonstrates the company's strong position in crypto assets, boosting market confidence and driving stock prices up. On December 2, BitMine increased its holdings by 96,798 ETH, raising the total to 3,726,499 ETH. Despite the decline in ETH prices, the company's continued accumulation shows its long-term optimism about the market, uplifting investor sentiment. On December 3, BitMine submitted documents for changes in board members, indicating the stability of the company's governance structure, further supporting stock price increases. Cryptocurrency market volatility is intensifying, and risks need to be monitored. Strategy rose 1.38% in the night market. Based on recent key news: On December 1, Strategy announced the establishment of a $1.44 billion cash reserve to support dividend payments and debt interest. This move aims to address market volatility and enhance the company's financial stability, positively impacting the stock price Source: Golden Finance On December 1st, Strategy purchased 130 bitcoins, totaling $11.7 million. This move shows the company's continued optimism about the long-term value of bitcoin, despite a decline in market confidence in cryptocurrencies. Source: Golden Finance On December 2nd, Strategy CEO Phong Le stated that if the mNAV ratio falls into negative territory, the company may sell bitcoins to pay dividends. This statement raised concerns about the company's financial health, leading to stock price fluctuations. Source: Bloomberg Bitcoin price volatility intensifies, market sentiment cautious