T-Rex files for 'ghost pepper' 2X leveraged MicroStrategy ETF – Cointelegraph
Financial services firm T-Rex Group has filed in the U.S. for a leveraged MicroStrategy (MSTR) exchange-traded fund, which one analyst has described as the “ghost pepper” of ETFs because of its potential volatility. Balchunas said that if the fund is approved, investors would be exposed to about 20 times the normal volatility of the S&P […]
MicroStrategy proposes $500 million convertible note offering to acquire more bitcoin – The Block
Business intelligence company and corporate bitcoin holder MicroStrategy is seeking to raise $500 million through a convertible note offering, with an option for an additional $75 million. The company said it will issue the notes due 2032 in a private placement to qualified institutional investors, subject to market conditions and other factors. statement These are […]
MicroStrategy to launch Bitcoin-based decentralized ID solution – Cointelegraph
MicroStrategy, the largest corporate holder of Bitcoin (BTC), announced the launch of a decentralized identity solution on the Bitcoin network that uses ordinal-based inscriptions to store and retrieve information. The solution, MicroStrategy Orange, was announced by Executive Chairman Michael Saylor. meanwhile The company’s Bitcoin For Corporations conference will be held on May 1st. MicroStrategy Orange […]
MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions – Decrypt
During a presentation at the annual meeting microstrategy world At a conference in Las Vegas, MicroStrategy co-founder and executive chairman Michael Saylor announced the open source MicroStrategy Orange Decentralized Identity protocol. “Michael presented a very compelling case for why we need and have introduced decentralized identities,” Cezary Raczko, MicroStrategy executive vice president of engineering, told […]
‘Asia’s MicroStrategy’ Rockets 90% After Revealing Bitcoin Plan – Decrypt
Metaplanet, a little-known investment company listed on the Tokyo Stock Exchange, has announced plans to adopt Bitcoin (BTC) as a “core treasury reserve asset,” which will push its stock price almost 2. It’s doubled. The company acknowledged in a tweet on Monday that it had already put 1 billion yen (or $6.56 million) into the […]
MicroStrategy Announces Plan To Buy More Bitcoin (BTC) As Top Crypto Asset Dips in Price – The Daily Hodl
Enterprise software company MicroStrategy said it plans to add more Bitcoin (BTC) to its portfolio as its flagship digital asset remains below all-time highs. In a new press release, MicroStrategy To tell The company has issued $525 million worth of convertible debt, and will use the proceeds for general corporate purposes and to purchase more […]
MicroStrategy plans second convertible debt offering this month to buy more bitcoin – Yahoo Finance
Written by Medha Singh (Reuters) – MicroStrategy raises funds through convertible note offering to buy Bitcoin for second time within 10 days, as aggressive crypto investors look to increase exposure to the fast-growing cryptocurrency I’m making plans. The software company announced after the market closed on Wednesday that it would offer $500 million in convertible […]
MicroStrategy plans to sell $500 million in debt, following its own and Coinbase's footsteps – The Block
issued 1 minute ago upon Following last week’s $800 million debt raise, MicroStrategy plans to sell another $500 million in debt to acquire more Bitcoin, as the cryptocurrency market frenzy pushed the token’s price above $70,000. It is standing. The notes are available for purchase in the form of senior notes and mature on March […]
BlackRock Bitcoin ETF now holds more BTC than MicroStrategy – Cointelegraph
BlackRock’s Spot Bitcoin exchange-traded fund (ETF) has surpassed MicroStrategy’s crypto holdings. According to data compiled by BitMEX Research, BlackRock’s IBIT hold Approximately 40 trading sessions have taken place since the Securities and Exchange Commission approved nine new funds on January 10th, with 197,943 Bitcoins valued at over $13.5 billion as of March 8th. Excluding Grayscale’s […]
Bitcoin Above $70K; MicroStrategy Takes On $700 Million In Debt Offering To Keep Buying – Yahoo Finance
Bitcoin surpassed $70,000 for the first time when markets opened at 9:30 a.m. ET on March 8. The new high was $70,170, breaking last week’s record of just over $69,000. The token briefly crossed the $70,000 level, but was sold off throughout the morning. At the time of writing, prices hover between $68,000 and $69,000. […]