Day: March 21, 2025

Strategy upsizes stock offering to $711m, plans more Bitcoin buys

boss

Strategy, formerly known as MicroStrategy, has raised $711.2 million through an upsized preferred stock offering, with most of the funds earmarked for additional Bitcoin purchases. The company priced its 10.00% Series A Perpetual Strife Preferred Stock at $85 per share, offering 8.5 million shares. The sale is expected to close on March 25, pending standard regulatory conditions. Initially set at $500 million, the offering was increased due to strong investor demand. Net proceeds, after deducting underwriting fees and offering expenses, are estimated at $711.2 million.  Strategy stated that the funds…

Fund Manager Says Bitcoin Will Crush Gold, Hit $1 Million By 2029

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, delivered a striking long-term forecast for Bitcoin on the latest episode of the Coinstories podcast. Speaking with host Nathalie…

44% of Crypto Pundits Are Bullish on AI Agent Coins. Here Are the Best Ones Ranked

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A recent survey by CoinGecko reveals that around 44.3% of the 2,632 participants are bullish on AI agent coins in 2025. Out of this: 25% of participants were fully bullish 19.3% of traders were ‘somewhat bullish.’…

Michael Saylor’s MSTR Set for More BTC Purchases After Strife Stock Sale

Strategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest preferred stock issue. The company sold 8.5M shares of its 10% Series A Perpetual Strife Preferred Stock at price of $85 each, raising roughly $711.2M. Strategy initially had hoped to raise $500M. The latest series of preferred stock differs from the original STRK in that it comes with a higher coupon (10% versus 8%) and has no common share conversion provision. The company at last check owned more…

Bitcoin ETFs reduced volatility, while altcoins still face wild swings, analysts note

boss

The unexpected rise in Bitcoin’s institutional adoption through exchange-traded funds has transformed crypto cycles, analysts say. While spot Bitcoin (BTC) exchange-traded funds have made BTC more stable by turning it into an asset class that institutions can invest in, altcoins still face the same high. In a recent research report, analysts at a Singapore-based firm Signum Capital revealed that the shift signals a big transition from the market’s traditional four-year cycles tied to Bitcoin’s halving events. According to the analysts, the market now experiences “shorter bursts of outperformance and underperformance,…

1.5M Holders, 10M Blocks on Shibarium

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The ecosystem of a popular meme coin has attained two major milestones, showing the continued interest in the token that could lead to a bullish scenario. Analysts reported that…

Trump to Reform USAID With Blockchain – Best Altcoins to Ride the Hype

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Trump administration has proposed using blockchain tech to advance the US Agency for International Development (USAID), a US government agency that supports global developments, humanitarian assistance, and democratic values – and it’s casting a light on the best altcoins. The proposal comes after Trump and Elon Musk reduced USAID’s functions (including halted payments and staff cuts) under the Department of Government Efficiency (DOGE), which has pondered ways to leverage blockchain tech for a few months. Blockchain…

Hacker steals $8.4M from RWA restaking protocol Zoth

boss

Real-world asset (RWA) re-staking protocol Zoth suffered an exploit leading to over $8.4 million in losses, leading the platform to put its site on maintenance mode.  On March 21, blockchain security firm Cyvers flagged a suspicious Zoth transaction. The security firm said that the protocol’s deployer wallet was compromised and that the attacker withdrew over $8.4 million in crypto assets.  The blockchain security firm said that within minutes, the stolen assets were converted into the DAI stablecoin and were transferred to a different address.  Cyvers added the protocol’s website had…

Bitcoin speculative appetite declines as investors seek safety

boss

Speculative appetite is vanishing from the crypto markets, as investors are looking for safer digital asset investments following the recent wave of memecoin scams and macroeconomic uncertainty. Bitcoin’s hot supply metric, which measures the Bitcoin (BTC) aged one week or less, is down over 50%, from 5.9% at the end of November to just 2.3% on March 20, Glassnode data shows. The metric’s decline signals an investor shift to safer investment positioning amid the recent market volatility, according to Ryan Lee, chief analyst at Bitget Research. Bitcoin hot supply metric.…