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 […]
Source link
Key TakeawaysBinance is carrying $11.11B in bitcoin futures as total open interest swells to a hefty $52.64B.Deribit calls now make...
Key TakeawaysFundstrat’s original 2% bitcoin allocation grew to more than 85% without clients buying more.Tom Lee says 80%-90% of investors...
Key TakeawaysBitcoin’s price sits near $76,400 to $76,700 over the last hour after Sept. 12’s wild $79,837-to-$76,040 swing.The daily chart’s...
Key TakeawaysGrayscale says crypto policy can advance without CLARITY becoming law.Stablecoin legislation has passed, while SEC fundraising rules remain proposed.Congress...
Key TakeawaysBitcoin’s price took a wild $3,215 ride, only to wind up near $77,300 with a tiny 0.2% gain.BTC’s bigger...
We bring you the latest in Crypto News
