On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures. Microstrategy Continues Bitcoin Bet, Plans $500M Convertible Bond Sale Microstrategy […]
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Key TakeawaysBitcoin fell 2.5% as crypto markets erased $100 billion in post-election gains amid a global sell-off.XRP dropped over 7%,...
Key TakeawaysMeta and four other tech firms rejected OKXICE stock tokenization, raising total corporate opt-outs to 67.This mass exodus leaves...
Key TakeawaysThe SEC’s proposal, identified as RIN 3235-AN48, is undergoing White House regulatory review, with no public release date established.Four...
Key TakeawaysFTX seeks to reclaim a payment made while it was allegedly insolvent.The evidence requests also reached accounting firm BDO...
Key TakeawaysBitcoin hit $74,762, its lowest since Aug. 21, as a global tech stock sell-off rattled markets.Crypto liquidations fell to...
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