News

BlockBeats News, November 21, Michael Saylor responded in a post to the risk that global financial index company MSCI might remove Strategy (MSTR) from its stock indices: Strategy is not a fund, not a trust, nor a holding company, but a publicly listed operating company with a $500 million software business, while executing a unique treasury strategy—using bitcoin as productive capital. Just this year, it has completed five public offerings of digital credit securities—STRK, STRF, STRD, STRC, and STRE—with a total notional value exceeding $7.7 billion. It has also launched Stretch (STRC), a revolutionary bitcoin-backed treasury credit instrument that provides variable monthly USD yields for institutional and retail investors, while funds and trusts merely passively hold assets. Strategy is the party that creates, structures, issues, and operates. The team is building an entirely new corporate form—a bitcoin-backed structured financial company capable of continuous innovation in both capital markets and software. No passive investment tool or holding company can do what we are doing. Index classification does not define us. Strategy’s strategy is long-term, with unwavering conviction in bitcoin and a mission that has never changed: to build the world’s first digital currency institution based on sound money and financial innovation.

BlockBeats News, November 21, according to official sources, Trust Wallet has officially announced the "Gas Sponsorship" feature. For users on BNB Chain and Solana, even if they do not hold the native tokens (BNB, SOL) or have insufficient gas fees, Trust Wallet will automatically pay the gas fees, helping users complete transactions smoothly without worrying about transaction failures or the need for additional top-ups. Currently, Trust Wallet has sponsored over $100 millions in swap transaction volume for users. On BNB Chain, up to 4 gas-sponsored transactions are supported per day with no minimum amount limit; on Solana, up to 4 gas-sponsored transactions are supported per day with a minimum transaction amount of approximately $200. Trust Wallet is a leading global self-custody Web3 wallet, supporting over 10 million assets across 100+ blockchains, with over 200 million downloads worldwide. The launch of the "Gas Sponsorship" feature aims to provide users with a smoother and more seamless trading experience, allowing unrestricted access to the Web3 world. It is reported that Ethereum and other major public blockchains will soon launch this feature as well, and will support gas sponsorship for transfers.