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MicroStrategy Plans To Raise $600 Million to Purchase Additional Bitcoin
MicroStrategy Plans To Raise $600 Million to Purchase Additional Bitcoin
News  •  Bitcoin  •  Mar 04, 2024 by Deniz Saat

MicroStrategy (MSTR) has revealed its intention to issue $600 million in convertible senior notes due in 2030 through a private offering aimed at qualified institutional investors.  This move is contingent upon prevailing market conditions and various other considerations. Additionally, there is a possibility of an expansion by up to an

Brazil Will Soon Have Access to BlackRock’s Spot Bitcoin ETF
Brazil Will Soon Have Access to BlackRock’s Spot Bitcoin ETF
News  •  Bitcoin  •  Feb 29, 2024 by Deniz Saat

BlackRock is set to introduce its Bitcoin spot exchange-traded fund (ETF) in Brazil, marking its debut tomorrow, as reported by InfoMoney, Brazil's leading financial news outlet.  This move comes after BlackRock announced that its iShares Bitcoin Trust ETF (IBIT39) Brazilian Depositary Receipts (BDRs) will start trading on Brazil&

Bitcoin Reaches New All Time High While Bitcoin ETF Volume Surpasses $10 Billion
Bitcoin Reaches New All Time High While Bitcoin ETF Volume Surpasses $10 Billion

U.S.-based Bitcoin ETFs experienced unprecedented trading volumes on March 5th, as Bitcoin's surge to new heights ended in a steep decline, dropping over 14% from a peak above $69,000.  The ten ETFs, including major ones like BlackRock's IBIT, Fidelity's FBTC, and

News  •  Bitcoin  •  Mar 05, 2024
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Bitcoin Reaches New All Time High While Bitcoin ETF Volume Surpasses $10 Billion
Bitcoin Reaches New All Time High While Bitcoin ETF Volume Surpasses $10 Billion

U.S.-based Bitcoin ETFs experienced unprecedented trading volumes on March 5th, as Bitcoin's surge to new heights ended in a steep decline, dropping over 14% from a peak above $69,000.  The ten ETFs, including major ones like BlackRock's IBIT, Fidelity's FBTC, and

News  •  Bitcoin  •  Mar 05, 2024
MicroStrategy Plans To Raise $600 Million to Purchase Additional Bitcoin
MicroStrategy Plans To Raise $600 Million to Purchase Additional Bitcoin

MicroStrategy (MSTR) has revealed its intention to issue $600 million in convertible senior notes due in 2030 through a private offering aimed at qualified institutional investors.  This move is contingent upon prevailing market conditions and various other considerations. Additionally, there is a possibility of an expansion by up to an

News  •  Bitcoin  •  Mar 04, 2024
Brazil Will Soon Have Access to BlackRock’s Spot Bitcoin ETF
Brazil Will Soon Have Access to BlackRock’s Spot Bitcoin ETF

BlackRock is set to introduce its Bitcoin spot exchange-traded fund (ETF) in Brazil, marking its debut tomorrow, as reported by InfoMoney, Brazil's leading financial news outlet.  This move comes after BlackRock announced that its iShares Bitcoin Trust ETF (IBIT39) Brazilian Depositary Receipts (BDRs) will start trading on Brazil&

News  •  Bitcoin  •  Feb 29, 2024
Wells Fargo and Merrill Lynch Now Offer Clients Spot Bitcoin ETFs
Wells Fargo and Merrill Lynch Now Offer Clients Spot Bitcoin ETFs

Bloomberg Law reported that Merrill Lynch, a division of Bank of America Corp., and the brokerage arm of Wells Fargo & Co. have started providing access to exchange-traded funds (ETFs) that invest directly in Bitcoin. The decision by Merrill Lynch and Wells Fargo to offer access to select Bitcoin ETFs

News  •  Bitcoin  •  Feb 29, 2024
Coinbase Experiences Downtime Amid Bitcoin Surge Citing High Traffic
Coinbase Experiences Downtime Amid Bitcoin Surge Citing High Traffic

Coinbase, one of the largest exchanges for Bitcoin and cryptocurrencies, faced a major outage today, coinciding with a surge in Bitcoin's value that led to numerous account issues for users.  This interruption came during a period of heightened trading activity triggered by Bitcoin's price spike, momentarily

News  •  Bitcoin  •  Feb 28, 2024
BlackRock Spot Bitcoin ETF Surpasses $1.3 Billion in Volume
BlackRock Spot Bitcoin ETF Surpasses $1.3 Billion in Volume

BlackRock's spot Bitcoin exchange-traded fund (ETF) reached a trading volume of over $1.3 billion, according to Bloomberg Senior ETF Analyst Eric Balchunas.  This development indicates an increase in demand for Bitcoin investment products and reflects the asset's broader acceptance in the traditional financial sector. https:

News  •  Bitcoin  •  Feb 26, 2024
Carson Group Agrees To Provide Clients With Spot Bitcoin ETFs
Carson Group Agrees To Provide Clients With Spot Bitcoin ETFs

Carson Group, a registered investment adviser (RIA) platform managing $30 billion in assets, has confirmed its decision to provide its clients with access to four of the newly approved spot Bitcoin exchange-traded funds (ETFs), as reported by Bloomberg.  Among the latest group of spot Bitcoin ETFs listed in the U.

News  •  Bitcoin  •  Feb 24, 2024
Reddit's S-1 Filing Reveals Excess Cash Reserves Invested in Bitcoin
Reddit's S-1 Filing Reveals Excess Cash Reserves Invested in Bitcoin

In a recent filing with the Securities and Exchange Commission (SEC), Reddit, a widely used social media platform, announced it has allocated some of its surplus cash reserves into Bitcoin.  This disclosure was made as part of their application to become a publicly traded company, with plans to list their

News  •  Bitcoin  •  Feb 22, 2024
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