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MicroStrategy has announced plans to raise $500 million through a private offering of convertible senior notes. The funds are intended to support additional Bitcoin purchases, continuing its strategy of accumulating the asset. MicroStrategy is currently the largest publicly traded company holding Bitcoin, with over 214,400 Bitcoin valued at $15
Donald Trump recently met with David Bailey, CEO of Bitcoin Magazine, along with several prominent U.S. Bitcoin miners. During the meeting, Trump pledged to advocate for Bitcoin mining both in Washington D.C. and internationally. Today was a historic moment in our journey towards hyperbitcoinization. The former and next
MicroStrategy has decided to increase its planned stock sale to raise additional funds for purchasing Bitcoin. The company now aims to raise $700 million, up from the initially planned $500 million. On June 13th, MicroStrategy announced its intention to raise $500 million through the sale of convertible senior notes to
Bitcoin • Business • Jun 14, 2024MicroStrategy has decided to increase its planned stock sale to raise additional funds for purchasing Bitcoin. The company now aims to raise $700 million, up from the initially planned $500 million. On June 13th, MicroStrategy announced its intention to raise $500 million through the sale of convertible senior notes to
Bitcoin • Business • Jun 14, 2024MicroStrategy has announced plans to raise $500 million through a private offering of convertible senior notes. The funds are intended to support additional Bitcoin purchases, continuing its strategy of accumulating the asset. MicroStrategy is currently the largest publicly traded company holding Bitcoin, with over 214,400 Bitcoin valued at $15
Bitcoin • Business • Jun 13, 2024Donald Trump recently met with David Bailey, CEO of Bitcoin Magazine, along with several prominent U.S. Bitcoin miners. During the meeting, Trump pledged to advocate for Bitcoin mining both in Washington D.C. and internationally. Today was a historic moment in our journey towards hyperbitcoinization. The former and next
Bitcoin • Politics • Jun 13, 2024Japanese firm Metaplanet announced a ¥250 million Bitcoin purchase, following MicroStrategy's strategy. The hotel and services provider revealed on X that it has acquired an additional ¥250 million ($1.8 million) worth of Bitcoin. *Metaplanet purchases additional 23.35 $BTC* pic.twitter.com/Wj5AZjVNvq — Metaplanet Inc. (@Metaplanet_JP)
Bitcoin • Business • Jun 11, 2024Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it has purchased an additional 247 Bitcoin for $17 million in cash, increasing its total holdings to 828 Bitcoin. The company also plans to raise $150 million to further bolster its Bitcoin reserves. Last month, Semler made headlines by adopting Bitcoin as
Bitcoin • Business • Jun 07, 2024Robinhood has announced its agreement to acquire Bitstamp, a Bitcoin and cryptocurrency exchange, for $200 million in cash. This move aims to expand Robinhood's presence in the Bitcoin and crypto market, with the transaction expected to be finalized in the first half of 2025. Established in 2011, Bitstamp
Bitcoin • Business • Jun 06, 2024The Thai Securities and Exchange Commission (SEC) has approved the launch of the country's first spot Bitcoin exchange-traded fund (ETF). This move brings Thailand in line with a growing trend of countries offering regulated Bitcoin investment options. The ONE Bitcoin ETF Fund will be managed by One Asset
Bitcoin • Business • Jun 04, 2024President Biden and the Democrats have recently been projecting a more moderate and conciliatory stance on Bitcoin and cryptocurrency issues. However, following a record-breaking surge in TikTok memberships for Trump, driven by his supporters, it is uncertain how the Democrats will regroup around Bitcoin and cryptocurrencies as an issue. Biden&
Bitcoin • Politics • Jun 03, 2024