Strategy Update: Addition of Preferred Shares to Bring in $500 Million Incremental Funding
On March 18th, according to an official communication from Strategy (formerly MicroStrategy), it is planned to issue 5 million shares of Series A Perpetual Strife Preferred Stock with a par value of $100 per share. This will enable them to obtain an additional $500 million to implement their Bitcoin strategy.
The Series A Perpetual Preferred Stock will have a fixed annual interest rate of 10.00%, with dividends accruing cumulatively. The regular dividends of the Perpetual Preferred Stock will be paid quarterly when declared by the Strategy board of directors and will be paid out of legally available funds for payment. The payment dates for the regular dividends are March 31st, June 30th, September 30th, and December 31st of each year, starting from June 30, 2025. The declared regular dividends will only be paid in cash. If any accrued regular dividends are not paid on the applicable dividend payment date, additional dividends will accumulate on the unpaid amount of regular dividends (
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MEXC Launches Bedrock (BR) Trading Event with a $150,000 USDT Prize Pool
March 18th. According to official channels, MEXC has initiated the Bedrock (BR) online event, featuring a total prize pool of 150,000 USDT. Event Duration: From March 18, 2025, at 19:00 to April 1, 2025, at 19:00 (UTC+8). After meeting the liquidity requirements, MEXC will list Bedrock (BR) in the Innovation Zone and open the BR/USDT trading market. Furthermore, MEXC will introduce the flash exchange function of BR to enable users to make seamless and instant exchanges with other assets.
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Nasdaq Plans to Establish Regional Headquarters in Texas
On March 18th, as per informed sources, Nasdaq, which has long been associated with the prime location of Times Square, is going to open its first regional headquarters in Dallas, Texas. This is its latest step into Texas, which is aiming to replace the US Northeast as the country's business center. Nasdaq will set up a regional headquarters in Dallas later this year, and Dallas will be the place for the so-called Y'allStreet. According to informed sources, the focus of this office will not only be on successful listings (which is often regarded as the prestigious business of a stock exchange). It will also accommodate some of Nasdaq's technology and financial crime management businesses, assisting Nasdaq's clients in detecting fraud and money laundering. (Jinse)
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MEET48 is launching the decentralized film project "'s" Meme coin OnlyOne via the Mars Protocol, and will unlock the script and filming schedule based on OnlyOne's market cap reaching milestones.
March 18th, MEET48, the world's first AI-Agent and AIUGC fan economy community dedicated to the entertainment industry, announced the official launch of the 5th AI-Agent Meme Coin — OnlyOne. This launch was carried out through the community-based AI-Agent and Meme token launchpad Mars Protocol. This Meme Coin is associated with the decentralized film and television project "Unnamed" Season 2. Additionally, the official Instagram account (https://www.instagram.com/theonlyone_tw_series) and X account @TheOnlyOne_Mou of OnlyOne have been launched.
It is reported that "Unnamed" is adapted from a popular youth campus romance novel IP. The first season premiered globally on major OTT platforms such as Netflix, iQIYI, Viki, WeTV, and GagaOOLala in 2024 and received a tremendous response. The second season of "Unnamed" will be operated as a decentralized film and television project with Web3 innovative approaches. Based on the milestones achieved in the $OnlyOne market value, the script for t
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Upbit 24-Hour Trading Volume Ranking: XRP, UXLINK, AUCTION Top Three
On March 18th, according to CoinGecko data, in the previous 24 hours, Upbit's trading volume reached $1.923 billion. The XRP/KRW trading pair accounted for 18.35% of the volume and ranked first in the Korean won market. The rest of the top five in terms of volume are: UXLINK, AUCTION, BTC, and LOOM.
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Pre-market Crypto Stocks Down, Coinbase Dips 1.23%
March 18: Based on market data, in the pre-market trading of the U.S. stock market, the S&P 500 index decreased by 0.29% and the Nasdaq dropped by 0.36%. Cryptocurrency stocks generally declined, including:
Coinbase (COIN) with a decline of 1.23%;
Tesla (TSLA) down by 1.72%;
MicroStrategy (MSTR) decreasing by 1.62%;
MARA Holdings (MARA) with a fall of 1.39%;
Riot Blockchain (RIOT) down by 1.16%.
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