HMSTR 24-hour volatility reaches 40.1%: price rebounds after bottoming out, trading volume remains neutral

The Federal Reserve maintained its interest rates at 3.75%~4.00%. Combined with Oracle’s strong growth guidance and SK Hynix’s record profits, the S&P 500 index rose for the third consecutive day, and the Nasdaq closed up 0.27%. Market focus is shifting to earnings reports from major tech companies.

MicroStrategy has passed the bylaws amendment with a 99.3% approval rate, establishing a daily cumulative dividend mechanism for four preferred stocks including STRF. This move, together with a $204.9 million buyback plan, aims to address the risk of removal from the MSCI index and stabilize stock price volatility.

As signs of recovering domestic demand and a more favorable policy environment enhance the appeal of high yields, global fund managers are once again showing interest in the Japanese bond market.

This year, global bond financing has reached $6.61 trillion, a 15% year-on-year increase, breaking the 2025 historical record two months early. The main driving force is the AI arms race—cloud computing providers and data centers have issued nearly $368 billion in bonds this year, six times more than last year, accounting for one third of the overall increase. Amazon has become the fourth largest bond issuer in the world, surpassing France and the UK. Citibank has warned that the capital demand from AI is pushing up the global neutral interest rate, which may structurally raise the long-term interest rate benchmark.