On January 22, QCP released a daily market watch saying that the new leadership of the US SEC has established a dedicated working group to develop a regulatory framework for crypto assets. Led by crypto mom Hester Peirce, it is expected to be a turning point in the digital asset space. After the initial disappointment after Trump's inauguration gradually subsided, Bitcoin has rebounded 3.8% and stabilized at about $105,000. However, as the market remains cautious and worried that Trump always over-promises and fails to deliver before any crypto-related executive orders, its upside space remains limited. Meanwhile, bitcoin futures continue to rise, and the current bullish betting volume is about 20 times that of bearish. MicroStrategy shareholders have approved a significant increase in the number of Class A common shares and preference shares authorized, increasing the total authorized shares from 330 million to a staggering 10.30 billion. This expansion significantly strengthens the company's equity base, allowing MicroStrategy to outperform nearly every Nasdaq 100 leader, excluding Nvidia, Apple, Alphabet and Amazon. With plans to raise $42 billion through stock and convertible bond offerings by 2027, MicroStrategy still has a $5.42 billion equity issuance quota, further increasing its commitment to Bitcoin.