#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/
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/
CoinPedia
MicroStrategy Announces $500 Million Convertible Senior Notes Offering to Acquire More Bitcoins!
MicroStrategy Incorporated (Nasdaq: MSTR) has announced its offering to issue 500 million dollars of convertible senior notes due 2031. The offering is
Here are the Top 5 Stocks with over $10B Market Cap dominating the charts:
#Microstrategy, #Coinbase, followed by #Celsius, #SuperMicroComputer, and #Grayscale.
#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.
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/
Gain insights and navigate complexities in our latest article.
https://coinpedia.org/news/microstrategys-bitcoin-connection-a-double-edged-sword-for-investors/
CoinPedia
Is MicroStrategy Overvalued? New ETF Bets Big on Stock Price Decline
Blockstream CEO Adam Back recently strongly disapproved of a newly proposed Exchange Traded Fund (ETF) aimed at shorting MicroStrategy shares.
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/
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/
CoinPedia
Microstrategy Buys 122 Bitcoins in April Amidst a $53.1M Q1 Loss
MicroStrategy, a significant player in the technology sector, made headlines with its latest move in the cryptocurrency space. In April, the company
#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/
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/
CoinPedia
Japanese Firm Metaplanet’s Bitcoin Portfolio Hits $7.4M: How Will This Impact the Price?
Metaplanet Inc., a Japanese powerhouse akin to MicroStrategy’s bold moves, has ventured into Bitcoin, marking it as their top pick for wealth
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/
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/
CoinPedia
Famous CNBC host Jim Cramer Warns Against Buying MicroStrategy Stock
Jim Cramer, the well-known CNBC host and financial personality, has issued a cautionary statement urging investors not to buy shares of business
Top #CryptoNews This Week
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
BREAKING: MicroStrategy buys Additional Bitcoin
#Crypto #Cryptonews #Cyptomarket
🔵MicroStrategy purchased an additional 11,931 Bitcoin for approximately $786.0 million, using proceeds from convertible notes and excess cash.
🔵The average price per Bitcoin for this purchase was about $65,883.
🔵As of June 20, 2024, #MicroStrategy holds a total of 226,331 Bitcoin.
🔵The total acquisition cost for these Bitcoin is around $8.33 billion, with an average price of $36,798 per #Bitcoin.
#Crypto #Cryptonews #Cyptomarket
🔵MicroStrategy purchased an additional 11,931 Bitcoin for approximately $786.0 million, using proceeds from convertible notes and excess cash.
🔵The average price per Bitcoin for this purchase was about $65,883.
🔵As of June 20, 2024, #MicroStrategy holds a total of 226,331 Bitcoin.
🔵The total acquisition cost for these Bitcoin is around $8.33 billion, with an average price of $36,798 per #Bitcoin.