Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale

On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds and excess cash. Microstrategy Now Holds 214,246 Bitcoin After Microstrategy announced its convertible note sale, the […] Original

Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings 

On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures. Microstrategy Continues Bitcoin Bet, Plans $500M Convertible Bond Sale Microstrategy […] Original

Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale

Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) […] Original

Tech firm Republic taps Avalanche for profit-sharing investment note

Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings. The Republic Note is a profit-sharing digital asset that will be launched on the Avalanche blockchain, which accrues profits generated from Republic’s wide-ranging investment portfolio and services. Republic has attracted over three million investors and has deployed over $2.6 billion into various ventures, including the likes of Web3 firms Avalanche, DappRadar and Dapper Labs. Republic has already carried out a presale round…

Bitcoin Ends October On A High Note, What To Expect For BTC Price In November

The month of October just drew to a close and Bitcoin and the rest of the crypto market has ushered in the new month of November. With October proving to be an incredibly bullish month for Bitcoin with a green monthly close, eyes are now on the new month and what possibilities it could hold for the digital asset. October Was A Good Month For Bitcoin Looking back to the month of October, it has been one of the best months so far for 2023. The price of BTC started…

World Bank Issues First Digitally Native Note on Luxembourg Stock Exchange

The basis for this issuance was Corda, R3’s digital ledger technology (DLT) platform that offers a sustainable infrastructure for digitally native notes. In a first, the World Bank has listed the “first digital native security” or “digital native note (DNN)” on the Luxembourg Stock Exchange (LuxSe). The €100 million DNN, listed on the Luxembourg Stock Exchange, is a key element of a more extensive endeavor to create a sustainable digital infrastructure for DNN issuance. The issuance happened through the involvement of Citi’s Issuer Services in the role of the issuing…

FT fork halts citing ‘high costs’, users note $336K in teams’ multisig

An Arbitrum-based Friend.tech clone has decided to slam the brakes ahead of its promised airdrop due to unsustainable operational costs, leaving users befuddled while noting the team’s healthy multisig wallet.  Pseudonymous Cipher Fan creator, Zatis, announced the projects shut down on Oct. 24 just hours before its CIPHER token airdrop was set to launch as a reward to active users. The would-be socialfi contender debuted roughly two weeks earlier. Zatis said the Cipher Fan’s business model is non-profitable and the app is rife with bot activity rather than real users. …

As G20 President, India Makes Public its Presidency Note on Framing Global Crypto Rules

News of the existence of such a note first emerged ahead of the Finance Ministers and Central Bank Governors (FMCBG) meeting in India last month through Ajay Seth, a senior official of the Indian Finance Ministry. Later, at the post-event media briefing, without revealing details of the note, Seth said “(India) contributed its own note, it’s the presidency note in the sense that we originated that idea (and) several other countries contributed.” Source

Microsoft’s Nuance Communications Says AI-Backed Clinical Note Application Is Coming to Epic Systems

Nuance is on a mission to reduce administrative responsibilities for doctors so that they can spend less time on paperwork and more time with patients. Microsoft-owned computer software company Nuance Communications announced that its AI-powered clinical notes application is coming to Epic Systems. It is only a matter of time before AI integrates every part of human life. The buzzing technology tool has gained massive popularity in recent times as many companies across diverse fields adopt it. Nuance Communications and Epic announced that they are offering the Nuance Dragon Ambient…

Bitcoin (BTC) Ending Week on Positive Note

Despite some volatility in price, bitcoin has risen 7% in the past seven days, trading in a range of between $27,000 and $30,000. The world’s largest cryptocurrency by market value rose 1.2% over the last 24 hours to $29,307. Some analysts say instability in traditional banks has helped bitcoin, which is seen as an alternative to traditional finance. One troubled bank is San Francisco-based First Republic Bank (FRC), whose shares dropped 50% on Tuesday after it revealed its deposits fell by $100 billion in the first quarter. That comes as…