PANews reported on October 18th that Strike founder Jack Mallers stated in a post on the X platform that Bitcoin, being the most sensitive to liquidity, will lead the market rebound. Traditional financial markets will face widening interest rate differentials and pressure on banks, and Bitcoin is playing a role. Bitcoin is not intended to hedge the financial system, but to replace it. This is not a "transaction," but a transition. Bitcoin has no ceiling, just as fiat currency has no floor, so the easiest way to invest is to buy Bitcoin.

Earlier news revealed that Jack Mallers has joined Twenty One, a Bitcoin company backed by Tether, as its CEO. The company is backed by stablecoin issuer Tether, SoftBank Group and Wall Street investment bank Cantor Fitzgerald. The company’s articles of association clearly stipulate that it will focus on accumulating Bitcoin assets, and its current holdings have exceeded 40,000 BTC.