4E: OSL plans to raise over HKD 2.3 billion to expand its cryptocurrency footprint, Strategy's Bitcoin purchase plan increases to USD 2 billion
ChainCatcher news, according to 4E observations, the OSL Group announced that it will raise approximately HKD 2.355 billion through a placement and subscription agreement for strategic acquisitions, stablecoin business, and other expansion plans, with a placement price of HKD 14.90, representing a discount of 15.34% compared to the previous closing price. The net proceeds from this placement are expected to be around HKD 2.336 billion, adding ammunition to its digital asset ecosystem layout.Meanwhile, crypto investment firm Strategy plans to increase its financing scale for purchasing Bitcoin from USD 500 million to USD 2 billion, further doubling down on the market.JPMorgan stated that the crypto market has attracted USD 60 billion in inflows to date, and investor interest in altcoins continues to rise. Bitwise also disclosed that since mid-May, ETPs and listed companies have collectively purchased 2.83 million ETH, which is 32 times the newly issued amount during the same period, with strong demand driving ETH prices significantly higher.On the macro front, Bank of America analysts noted that the independence of the Federal Reserve is being questioned, putting pressure on the dollar's performance, as investors begin to anticipate a more accommodative policy in the future. The latest initial jobless claims in the U.S. stood at 217,000, lower than expected, indicating that the labor market remains robust.Additionally, the White House plans to allow 401(k) accounts to invest in crypto assets, with Blackstone's president predicting that this move will benefit leading private equity firms and further drive alternative assets into mainstream portfolios.4E reminds investors that the current strong inflows are intricately intertwined with dynamic policies, and it is essential to closely monitor market volatility and structural opportunities.