Michael Saylor’s poll ignites excitement as 85.6% of voters predict bitcoin smashing $100K by year’s end, fueled by record highs and massive Microstrategy buys. Bitcoin $100K Target Backed by Majority in Michael Saylor’s Poll Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor sparked debate over Bitcoin’s future with a poll on the social media platform X. […] Original
MicroStrategy announced it would raise the private offering of convertible senior notes to $1.75 billion, as they acquire $4.6 billion Bitcoin to holdings on the same day. According to the company’s official statement on Nov. 18, MicroStrategy is raising funding to buy more Bitcoin in the future through private offerings that qualify as institutional buyers. The number of offers is up to $1.75 billion with a convertible senior note due on December 1, 2029. The notes were sold for U.S. buyers with Rule 144A under the Securities Act, and available…
Microstrategy Incorporated has unveiled a bold plan to raise $1.75 billion through a private offering of convertible senior notes, doubling down on its commitment to bitcoin investments. Business Intelligence Firm Seeks $1.75 Billion in Private Offering to Continue Bitcoin Strategy The business intelligence firm, Microstrategy (Nasdaq: MSTR), publicly listed and based in Virginia, is set […] Original
Moish Peltz, a partner at Falcon, Rappaport and Berkman, told CoinDesk that the rules surrounding seized bitcoin might change on a department-by-department basis and vary depending on how the bitcoin was seized in the first place. “Some portion of the seized bitcoin might need an act of Congress, but not necessarily,” he said. Original
Semler Scientific has reported a significant 37.3% bitcoin yield since implementation of its bitcoin treasury strategy. Bitcoin Strategy Yielding Gains for Semler Scientific Semler Scientific has announced an impressive half-year bitcoin (BTC) yield of 37.3%. According to an announcement on Monday, Semler achieved this yield between July 1 to Nov. 15 2024. Earlier in Q2 […] Original
Recent findings from Bitwise’s Weekly Crypto Market Compass for Week 47, 2024, reveal an upbeat trajectory for cryptocurrency markets, with bitcoin leading the charge. Its performance has outshined traditional financial assets, propelled by optimism surrounding U.S. reserve strategies and an intensifying supply crunch. Bitwise Analysis: Bullish Sentiments Drive Crypto Assets to New Heights Cryptocurrencies have […] Original
On Monday, Nov. 18, 2024, bitcoin (BTC) is holding steady above $90,000, riding high after its post-election rally in the U.S. With its value perched at this level, we tapped into a variety of generative artificial intelligence (AI) chatbots to see what they think bitcoin’s price might look like by the end of the year. […] Original
The U.S Options Clearing Corporation has announced that it is “preparing” for the listing of options on spot Bitcoin exchange-traded funds On Nov. 18, OCC posted an update acknowledging advisory from the Commodities Futures Trading Commission regarding approval of Bitcoin (BTC) ETF options. This follows the U.S. Securities and Exchange Commission’s approval of options on BlackRock’s iShares Bitcoin Trust on September 20, 2024, and another nod from the Commodities Futures Trading Commission. As crypto.news reported, the CFTC’s Division of Clearing and Risk provided guidance on clearing of options for spot…
The decrease of bitcoin’s supply on exchanges could lead to higher price volatility, market maturity, and increased influence from institutional investors. Bitcoin Investors Are Not Selling Anytime Soon Bitcoin has seen a significant decline in its supply on cryptocurrency exchanges, reaching its lowest level since November 2018. This trend indicates that investors are increasingly opting […] Original
MARA Holdings, Inc., a Nasdaq-listed bitcoin mining firm, has announced plans for a $700 million private offering of convertible senior notes due in 2030. MARA Holdings Proposes $700 Million Convertible Notes Offering MARA Holdings (Nasdaq: MARA) disclosed on Nov. 18 that the proposed offering is intended for qualified institutional buyers under Rule 144A of the […] Original