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MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.

Marathon Digital to Raise $500M in Convertible Senior Notes

Marathon Digital to Raise $500M in Convertible Senior Notes

Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company has announced its plans to raise half a billion dollars as a debt offering via convertible senior notes.

MicroStrategy to Issue $400 Million in Securities Offering to Hoard More Bitcoin

MicroStrategy to Issue $400 Million in Securities Offering to Hoard More Bitcoin

Michael Saylor, the CEO of the billion dollar firm revealed that the firm plans to issue $400 million securities offering into Bitcoin.

Senior Worker at Bithumb Triggered Hacking Vulnerability

Senior Worker at Bithumb Triggered Hacking Vulnerability

A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.

Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist

Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist

The Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone says Bitcoin (BTC) may well be on pace to reach US$20,000 by 2021.

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

Bloomberg’s Senior Strategist says Bitcoin Could Consolidate Like Gold Before Rallying Higher

Bloomberg’s Senior Strategist says Bitcoin Could Consolidate Like Gold Before Rallying Higher

Mike McGlone, a senior strategist at Bloomberg said that Bitcoin’s price could potentially soon add another zero to the back of its number.

MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done

MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done

Another weekend, another round of Bitcoin—MicroStrategy has announced another purchase of Bitcoin, this time, of $650 million in BTC.

Bitcoin Price Sets New Record High in 2020, 100% of BTC Wallets are in a State of Profit

Bitcoin Price Sets New Record High in 2020, 100% of BTC Wallets are in a State of Profit

Bitcoin has just set a record high today, surging above the $20,000 resistance level and setting a high at above $20,600.

Bitcoin Surges Past $56k as Addresses Holding At Least 0.1 BTC Hit All-Time High

Bitcoin Surges Past $56k as Addresses Holding At Least 0.1 BTC Hit All-Time High

New data by Glassnode reveals that the number of Bitcoin addresses with more than 0.1 BTC has achieved a new record high, along with BTC's surge to top $56K.

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

MicroStrategy will host a $600M private offering and the revenue will be used to buy more Bitcoin.

MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin

MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin

MicroStrategy has announced that it has just invested another $1 billion in Bitcoin, purchasing the digital asset as it was trading around $52,765.

Bitcoin Miners Are Not Selling But Accumulating Their Crypto Funds

Bitcoin Miners Are Not Selling But Accumulating Their Crypto Funds

Glassnode data shows that miners are not willing to sell their Bitcoins amid a market wide exchange shortage of the cryptocurrency. The shortage comes as institutions continue buying crypto assets in droves.

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