Market Skyrockets | EigenLayer’s $7B TVL🚀

🚀MicroStrategy Portfolio

MicroStrategy’s portfolio recently hit a new all-time high of $10.02 billion. The company holds 190,000 BTC, with $3.92 billion in unrealized profits.

MicroStrategy’s current Bitcoin investment brief:

• MicroStrategy’s Portfolio Value: Recently, the firm’s Bitcoin investment portfolio briefly touched a staggering valuation of $10 billion. This figure represents a significant milestone, underscoring the aggressive investment strategy the company has adopted.
• Current Valuation: As of the last check, the valuation stands at $9.88 billion.
• Bitcoin Holdings: MicroStrategy has amassed a total of 190,000 BTC, showcasing their deep conviction in Bitcoin.
• Average Buy Price: The average purchase price for their Bitcoin holdings is around $31,351.32 per BTC.
• Profit Percentage: Their investment has burgeoned by approximately +65.60%, a testament to the company’s strategic investment acumen.
• Portfolio High: The portfolio’s all-time high valuation was recently reported at $10.02 billion.
• Unrealized Profit: An unrealized profit of $3.92 billion. This unrealized gain is a paper profit that signifies the growth potential had the company decided to liquidate its holdings at the portfolio’s peak valuation.
• Historical Low: It’s important to highlight the resilience of the portfolio as it has weathered the market’s fluctuations, with a historical low point of $217.54 million.

🚀 Eigenlayer TVL Hits $7 Billions

TVL of EigenLayer reaching $7 billion

Eigenlayer TVL hits $7B, soaring by 2,747% over the last 3 month, among the top depositors are:

Justin Sun 104k stETH (~$250M)

0x176F3DAb24a159341c0509bB36B833E7fdd0a132

Fenbushi Capital 9k lsETH (~23M)

0x7286fCB1f0B9652063325f9d9Dc6fef092D6E711

ParaFi Capital 5k stETH (~11M)

0xE7dBE6aa7Edcc38CB5007B87153d236AD879309B

The Spartan Group 2.3k swETH (~$5.6M)

0x7701b66513A52949224049E5bd634E3fFFD8930A

⚡️Binance Labs Investments

Binance Labs investment statistics

Binance Labs invests in NFPrompt, Ethena, and Shogun as part of Season 6 Incubation program.

Highlighting their recent activity, we’ve seen active participation in funding rounds for a range of projects from DeFi to Education, with notable entries like:

• SkyArk Chronicles, securing $15M, pre-evaluation at around $150M, in a funding round dated January 12, 2024, marking a significant investment in the Gaming category.
• BRACKET Labs raised $2M at a pre-seed stage, pre-evaluation of about $20M, showing a keen interest in early-stage DeFi projects.

A key insight into their strategy reveals a diverse allocation within the cryptocurrency sector:

• DeFi: This sector commands a significant portion of their portfolio, representing innovation and growth in decentralized financial services.
• Gaming: With its growing intersection with blockchain technology, it’s a prime target for investment, signalling the sector’s potential.