MicroStrategy buys another 10,000 Bitcoins, Trump calls for evacuation from Tehran, BTC falls to 106K

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Here's the English translation: Market concerns about a potential escalation of conflict between Israel and Iran have subsided, and on Monday, risk appetite returned to Wall Street, with the three major US stock indices showing slight gains ahead of the Federal Reserve's rate decision. MicroStrategy Strategy (formerly MicroStrategy) announced the purchase of 10,100 BTC for $1.05 billion. Bitcoin rose from $104K to a high of $108,952, but subsequently declined to $106K due to Trump's comments about withdrawing from Tehran. The Wall Street Journal reported that Tehran hopes to ease hostilities with Israel and is willing to restart nuclear negotiations with the US, provided Washington does not participate in Israeli attacks. Reuters reported similar information, noting that Iran communicated this message through Qatar, Saudi Arabia, and Oman. Trump earlier stated that despite four consecutive days of conflict, Iran still hopes to negotiate de-escalation with Israel. When asked about potential US military intervention, Trump said he did not want to discuss the matter. On Wednesday, Wall Street will focus on the Federal Reserve's policy resolution, with decision-makers expected to maintain current interest rates. Investors will closely watch Fed Chair Powell's press conference to understand potential factors and timing for future actions. MicroStrategy Strategy has acquired 10,100 BTC at an average cost of about $104,080 per Bitcoin. As of June 15, 2025, the company holds 592,100 BTC, with a total investment of $41.84 billion and an average cost of $70,666 per Bitcoin. Bitcoin dropped from its high of $108,952 to around $106K following Trump's remarks, with Ethereum also declining from $2,680 to above $2,500. The TRON blockchain project is preparing to go public in the US through a reverse merger, planning to establish a holding company specifically for TRX tokens, similar to MicroStrategy's Bitcoin strategy. This plan involves a NASDAQ-listed company and is directly connected to the Trump family's capital resources.

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Reverse Merger: TRON Targeting SRM Entertainment for Listing Operation

According to the Financial Times, TRON is preparing for a reverse merger with Nasdaq-listed SRM Entertainment to indirectly go public in the United States. The transaction is being led by Dominari Securities, an investment firm closely connected to the Trump family. This will allow TRON to enter the US capital market with a lower threshold, avoiding the complex IPO process and regulatory review.

TRON Inc. New Company Model: Buy Coins, Don't Sell, Only Hold

Similar to MicroStrategy's strategy led by Michael Saylor focusing on Bitcoin holdings, the newly established TRON Inc. will also specialize in buying and long-term holding of TRX tokens. Reports indicate that TRON will inject $210 million worth of TRX assets as startup capital. This holding model can be seen as a tangible representation of bullish belief in crypto assets, while providing investors with a financial instrument to indirectly participate in TRX price fluctuations.

Trump Family Deeply Involved, Eric Trump to Take on New Company Role

Eric Trump, son of former US President Trump, will also participate in the operational role of TRON Inc. Justin Sun's close relationship with the Trump family has long been evident. He not only attended a presidential dinner for TRUMP meme coin whales but also holds $75 million worth of World Liberty Financial tokens, a DeFi project also deeply connected to the Trump family.

SEC Case Halted, Justin Sun Publicly Supports Trump

After Trump's potential return to power, the SEC's civil fraud case against Justin Sun was also suspended. In a recent interview, Justin Sun explicitly expressed support for Trump's pro-cryptocurrency policies, even stating it was "one of the most correct decisions by a president." He emphasized: "All naysayers should re-examine, as many positive changes are happening in the crypto industry."

Market Responds Enthusiastically: TRX and SRM Stock Prices Rise Together

After the news broke, the market quickly responded. TRX price rose nearly 4% to $0.28, while SRM Entertainment's stock price surged almost 250% in pre-market trading to $5.1.

TRON's move is not unprecedented. Stablecoin giant Circle recently completed its US listing, with its stock price rising over threefold from its IPO price of $31 per share. As the political and financial environment for crypto becomes more favorable in the US, more companies are actively expanding their capital market strategies.

Risk Warning

Cryptocurrency investment carries high risk, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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