Chip stocks big pump, MicroStrategy buys BTC again, BTC returns to the hundred-thousand mark.

Hon Hai (Foxconn) achieved a record high revenue in the fourth quarter, driving up global semiconductor stocks significantly. TSMC and Nvidia reached new highs. MicroStrategy invested $101 million to purchase BTC again, and BTC returned to the $100,000 mark. JPMorgan believes that due to the prevalence of devaluation trades, both gold and BTC have gained structural importance in investors' portfolios, and this effect will continue until 2025.

Hon Hai's revenue drives the overall rise of the semiconductor, TSMC and Nvidia hit new highs again

Foxconn, the world's largest electronics contract manufacturer, announced that its fourth-quarter revenue hit a historical high, driving up global semiconductor stocks significantly and indicating that the AI boom driving demand for cutting-edge hardware is still heating up.

Taiwan Semiconductor Manufacturing Company (TSMC) hit a record high yesterday, closing at 1,125 New Taiwan dollars. TSMC's ADR (TSM) also rose by 5.46%, closing at 220.01 US dollars, setting a new high at the same time. When converted at the exchange rate of 32.75 TWD to USD, the equivalent stock price in Taiwan dollars is 1,441 TWD, with a discount of up to 22%.

Shares of Feibanceng rose across the board. Nvidia (NVDA) also surged 3.43%, hitting another all-time high,

(Global chip stocks surge, Hon Hai sets revenue record, highlighting AI boom)

MicroStrategy buys BTC again

Self-proclaimed BTC development company MicroStrategy has announced the acquisition of 1,070 BTC at a price of approximately $1.01 billion, with a cost of $94,004 per BTC. As of January 5, 2025, MicroStrategy holds 447,470 BTC, acquired at a cost of approximately $27.97 billion, equivalent to about $62,503 per BTC.

In addition, MicroStrategy recently announced that it will issue up to $2 billion in perpetual preferred stock to continue strengthening its balance sheet and acquiring more Bitcoin. According to JPMorgan's statistics, MicroStrategy's BTC purchases alone account for 28% of the total capital inflows into the cryptocurrency market in 2024.

(MicroStrategy will issue an additional $2 billion perpetual preferred stock and continue to buy BTC)

BTC returns to the six-digit mark

After reaching a historical high of $108,353 on 12/17, BTC corrected and consolidated, dropping to above $91K. Finally, it returned to the six-figure mark yesterday with the rise of tech stocks.

JPMorgan's report pointed out that due to the prevalence of devaluation trading, both gold and BTC have gained structural importance in investors' portfolios. BTC saw a capital inflow of $78 billion in 2024, and with the policies after Trump's victory, BTC and safe-haven assets such as gold will benefit. The report believes that this effect will continue until 2025.

(JPMorgan: Gold, Bitcoin Have Become Important Investment Structures, Devaluation Trading Will Continue to Prevail)

This article, Chip stocks soared, MicroStrategy bought BTC again, and BTC returned to the 100,000 mark, first appeared in Chain News ABMedia.