Breaking: MicroStrategy acquires Additional Bitcoins

🔵 #MicroStrategy invests $821 million in #Bitcoin through convertible senior notes offering.

🔵 The company strategically allocates funds to buy 12,000 bitcoins at $68,477 each.

🔵 Accumulating approximately 205,000 bitcoins, MicroStrategy holds a $6.91 billion portfolio.

🔵 This move solidifies its position in the #cryptocurrency market and promotes institutional adoption.

#Coinbase plans $1 billion convertible debt offering to capitalize on #cryptomarket surge and growth prospects. #crypto

Mimicking #MicroStrategy's #Bitcoin strategy for growth, Coinbase aims to strengthen market position and mitigate dilution risks.
https://coinpedia.org/news/coinbase-to-sell-1b-bonds-following-michael-saylors-bitcoin-strategy/

#MicroStrategy (Nasdaq: #MSTR) plans to issue $500 million convertible senior notes due 2031.

Offering targets qualified institutional buyers, aiming to boost financial status and acquire more #Bitcoins. #Crypto
https://coinpedia.org/news/microstrategy-announces-500-million-convertible-senior-notes-offering-to-acquire-more-bitcoins/

Here are the Top 5 Stocks with over $10B Market Cap dominating the charts:

#Microstrategy, #Coinbase, followed by #Celsius, #SuperMicroComputer, and #Grayscale.

Breaking : #MicroStrategy has acquired an additional 9,245 #BTC

Top #CryptoNews in The Last Week

1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024

2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow

3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security

4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain

5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria

6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th

7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted

8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)

9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.

Discover the impact of #MicroStrategy's Bitcoin connection on investors.

Gain insights and navigate complexities in our latest article.
https://coinpedia.org/news/microstrategys-bitcoin-connection-a-double-edged-sword-for-investors/

Breaking: #MicroStrategy, a leading business intelligence firm, acquires 122 #Bitcoins in April despite reporting a Q1 loss of $53.1M.

Explore the implications of this bold move for both MicroStrategy and the #CryptocurrencyMarket

https://coinpedia.org/news/microstrategy-buys-122-bitcoins-in-april-amidst-a-53-1m-q1-loss/

#Metaplanet mirrors #MicroStrategy's #Bitcoin investment, now holding over 117.7 BTC, worth $7.4 million.

Strategic move signifies growing corporate adoption of Bitcoin, signals confidence in #cryptocurrency's future as hedge.
https://coinpedia.org/news/japanese-metaplanet-boosts-bitcoin-holdings-adds-19-87-btc-to-reach-7-4m-in-crypto/

Jim Cramer warns against buying #MicroStrategy stock, suggests direct #Bitcoin investment due to market volatility.

TD Cowen predicts MicroStrategy growth driven by institutional #BitcoinETF entries, #EthereumETF rejections.
https://coinpedia.org/news/famous-cnbc-host-jim-cramer-advises-against-buying-microstrategy-stock-heres-why/