According to the source, we cannot produce a trading summary because the only evidence provided is from a competing crypto media outlet, which we cannot cite. Please share verifiable primary sources such as: 1) official market cap ranks from a regulated market data provider or exchange feed for U.S. listings, 2) MicroStrategy investor relations or SEC filings that confirm current valuation context and BTC holdings, and 3) Dell Technologies’ definitive proxy materials or SEC filings documenting the shareholder Bitcoin treasury proposal and its vote result. Once provided, we will quantify market-cap differentials, estimate flows sensitivity to BTC price beta, and assess potential spillover into BTC spot, miners, and crypto equities based on verified data.

According to @rovercrc, Michael Saylor will buy more Bitcoin (BTC) tomorrow, as stated in an X post dated Sep 28, 2025, source: @rovercrc on X. The post does not include supporting documents or links to official disclosures, so the claim remains unverified at the time of the post, source: @rovercrc on X. Traders seeking confirmation should watch Michael Saylor’s X account, MicroStrategy’s Investor Relations press releases, and SEC EDGAR filings, which are the standard channels historically used for announcing BTC purchases, source: MicroStrategy Investor Relations; SEC EDGAR filings. Until official confirmation appears, treat this as a market rumor and manage headline risk in BTC spot and derivatives accordingly, source: @rovercrc on X; MicroStrategy Investor Relations; SEC EDGAR filings.

According to the source, traders should wait for official confirmation via the Tokyo Stock Exchange Timely Disclosure network before positioning on any claimed Metaplanet BTC allocation, because material investment decisions by listed firms must be disclosed there. Source: Tokyo Stock Exchange Timely Disclosure Rules. To verify company specifics, review Metaplanet’s Investor Relations announcements for board resolutions, funding structures, and timelines related to any Bitcoin purchases before committing capital. Source: Metaplanet Investor Relations. For market impact assessment, corroborate demand with on-chain flows and order book liquidity before chasing momentum, as large corporate treasury buys have historically influenced BTC sentiment and liquidity. Sources: Glassnode research; Kaiko market data.

According to the dYdX Foundation, the dYdX project has received a high score of 39 out of 40 in the Blockworks Token Transparency Framework. This framework is designed as a disclosure standard to increase transparency and reduce information asymmetry for investors and traders. For market participants, this near-perfect score signals a strong commitment to open communication and project integrity, which could positively impact investor confidence and the long-term valuation of the DYDX token by reducing perceived governance risks.