Strategy doubles Bitcoin financing target to $84 billion, S&P 500 index rises for ten consecutive days.

According to the Gate.io News bot, QCP Capital has released the latest analysis stating that the U.S. April non-farm payroll report shows an increase of 177,000 jobs, exceeding market expectations, with the unemployment rate holding steady at 4.2%. The S&P 500 index has risen for ten consecutive days, successfully recovering the losses from Liberation Day. Currently, the market's focus is concentrated on Sino-U.S. trade and The Federal Reserve (FED) policy direction.

Despite Strategy recording its largest historical loss this quarter, the institution has decided to double its Bitcoin-related financing target from the original amount to $84 billion.

BTC-3.29%
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