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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
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&
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, 2024MicroStrategy (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, 2024BlackRock 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, 2024Bloomberg 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, 2024Coinbase, 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, 2024BlackRock'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, 2024Carson 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, 2024In 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