BBX News: Yesterday, global listed companies simultaneously advanced their cryptocurrency financing and allocation: - Financing Innovation: MicroStrategy (NASDAQ: MSTR) submits a plan to issue 3.5 million shares of Euro preferred stock, marking the first Euro financing coin purchase case; Canaan Technology (NASDAQ: CAN) completes $72 million ADS issuance to expand production of mining machines BTC increase: Smarter Web Company (OTCMKTS: TSWCF) from the UK increased its holdings of 4 BTC to 2664; Hyperscale Data (NYSE American: GPUS) holds 234.7 BTC with a treasury size of $73.5 million - Strategy deepening: Institutions generally adopt fixed investment strategies, and Hyperscale explicitly implements the US dollar cost averaging method to advance towards the $100 million target The listed company disclosed a single day financing and investment amount exceeding 170 million US dollars, significantly increasing its participation in the European market. Source: bbx.com

[Linea Burn Mechanism Goes Live, Transactions Will Burn ETH and LINEA Proportionally] Linea announced that the token burn mechanism is officially live. For each on-chain transaction, gas fees will be burned at a 1:4 ratio of ETH to LINEA. All gas fees are paid in ETH and collected through the fee contract. After deducting infrastructure costs, 100% of the remaining funds will be used for burning, with 20% burned in the form of ETH and 80% converted to LINEA and burned on L1. Additionally, the token burn data tracking feature is now live.

According to AiCoin's real-time on chain monitoring, at 10:05 am today (UTC+8), the "1011 Insider Whale" once again placed a multiple order of 5000 ETH worth $16.36 million. As of the time of writing, the value of its ETH long position is as high as $42.63 million, with a floating loss of $2.15 million. Whale address: 0xb31d2bc2d2d2df5fa441bae0ab9d8b07283ae

[Canaan Secures $72 Million Strategic Investment, Issues 63.7 Million American Depositary Shares] Nasdaq-listed Bitcoin mining machine manufacturer Canaan Inc. announced that it has received a strategic investment totaling $72 million from BH Digital (a division of Brevan Howard), Galaxy Digital, and Weiss Asset Management. The financing was conducted in the form of equity, with the company issuing approximately 63.7 million American Depositary Shares (ADS) at a price of $1.131 per share. The transaction does not involve options, warrants, or other derivatives. The deal is expected to be completed on November 6 (UTC+8).

[NIP Group Acquires Mining Facilities, Hashrate to Increase to 11.3 EH/s] Ninjas in Pyjamas parent company NIP Group announced the expansion of its Bitcoin mining business. By acquiring approximately 8.19 EH/s mining facilities from Apex Cyber Capital, Prosperity Oak Holdings, and Novo Jumpster, the total hashrate will increase to 11.3 EH/s. The monthly Bitcoin production is expected to rise from 60 BTC to 160 BTC, an increase of over 120%.