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 TakeawaysMAS proposes prohibiting interest on its regulated stablecoins.Issuers would face stress tests and orderly wind-down planning.Selected foreign-regulated stablecoins could...
Key TakeawaysThe whale deposited 70,739 ETH (about $174M) into exchanges over a 48 hour stretch recently.The wallet still holds 97,115...
Key TakeawaysChatGPT, Reddit and Roblox must assess their own risks within four months of notification.ChatGPT search recorded 159.1 million average...
Key TakeawaysBitmine holds 5.90M ETH, putting it at 4.9% of Ethereum’s 120.7M-token supply.Ethereum jumped about 33% in August while BMNR...
Key TakeawaysCoinglass metrics show bitcoin futures open interest at $54.82B, with Binance holding $11.24B.Deribit options hold 288,409.93 BTC in calls,...
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