Michael Saylor's Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm's 478,740 Bitcoin stash.
Bitcoin has been struggling, recently hitting a low of $95,000. Investors are now looking for the next major catalyst that could drive the cryptocurrency market forward.
Economic research firm Perryman Group has revealed that Bitcoin mining has contributed more than $4 billion to the US gross domestic product (GDP) in 2024. The firm disclosed this in its new report, noting that it created 31,000 jobs.
Strategy acquired a total of approximately 258,320 BTC in 2024 and currently holds 478,740 BTC worth over $46 billion.
American business intelligence and software firm Strategy (formerly MicroStrategy) has announced its plans to raise funds via private debt issuance to buy more Bitcoin. The firm targets a $2 billion debt aggregate principal amount of 0% Convertible Senior Notes.
Bitcoin's price performance in recent weeks has maintained a sluggish movement, with the cryptocurrency now hovering near the $97,000 mark. Despite the 3% decline over the past two weeks, Bitcoin remains within a consolidation phase following its January all-time high above $109,000.
Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and Texas' Strategic Bitcoin Reserve proposal. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,100.04 -1.8% Ethereum (CRYPTO: ETH) $2,637.93 -3.7% Solana (CRYPTO: SOL) $166.02 -7.3% XRP (CRYPTO: XRP) $2.51 -5.5% Dogecoin (CRYPTO: DOGE) $0.2472 -4.3% Shiba Inu (CRYPTO: SHIB) $0.00001511 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%.
Bitwise donated $150,000 to support Bitcoin (BTC) open-source developers, according to a Feb. 18 announcement. The funds are equivalent to 10% of the gross profits from its spot Bitcoin exchange-traded fund (ETF), BITB, an amount pledged since the product's inception.
VanEck's head of digital asset research says he holds a “strong belief” that Twitter founder Jack Dorsey is the pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto.
Business intelligence firm Strategy has temporarily suspended its Bitcoin purchasing program by pausing stock sales between February 10-14, keeping its massive 478,740 BTC treasury unchanged.
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According to data provided by analytics firm CryptoQuant, the Coinbase Premium Index (CPI) logged a sharp drop on Tuesday after the U.S. stock market open.
Bitcoin's market is currently witnessing a dynamic shift, with recent trends indicating a possible short squeeze that could push the price towards the highly anticipated $100K mark. However, as the crypto market plays its usual games of long traps, the bigger question is whether the bulls can finally break through the resistance or if they'll continue to get trapped in the cycle.
MARA has added a wind farm in Texas to its Bitcoin mining operations, giving second life to outdated rigs in the process.
Michael Saylor shares 21 Bitcoin rules, emphasizing its financial revolution, decentralization, and long-term value.
Bitcoin faces selling pressure below $95K, but institutional demand remains strong. Bernstein predicts BTC at $200K—Is the next bull run just beginning? The post Bernstein Report Says Bitcoin Rally Is Just Beginning – When is the Next Leg Up? appeared first on Cryptonews.
A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value.
Can whales spark the lost retail FOMO in XRP?
Recent U.S. regulatory filings are show a broadening in the base of buyers for bitcoin ETFs.
The new facility offers 240 megawatts of interconnection capacity and 114 megawatts of wind power, utilizing last-generation ASIC mining hardware.
MicroStrategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor on Tuesday said he believes institutional investors have yet to allocate enough capital to Bitcoin (CRYPTO: BTC), despite its increasing acceptance as a financial asset. “If it's a legitimate institutional asset, everybody is under-allocated to it,” he told CNBC.
On Tuesday, bitcoin confronts increasing pressure this week, having fallen below $94,000 on Feb. 18, 2025, as macroeconomic concerns, technical glitches, and mixed market sentiment challenge vital support levels. Global Market Fears Drive Bitcoin Prices to Lower Levels Bitcoin's 1.8% decline this week mirrors wider crypto unease, with the global market cap dipping 2.
Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs.
Bitcoin price retreated below $95,000 on Tuesday, continuing a downtrend that began four weeks ago when it peaked at a record high of $109,200.
Standard Chartered's head of digital assets research, Geoffrey Kendrick, believes Bitcoin's path to reaching $500,000 before President Donald Trump leaves office depends on increased long-term investment from state pension funds. In a research note on Tuesday, Kendrick highlighted that state pension funds currently account for just 1% of Bitcoin ETF holdings.
MARA Holdings, Inc. has completed its acquisition of a wind farm in Hansford County, Texas. The wind farm has 240 megawatts of interconnection capacity and 114 MW of wind power.
The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs.
Tether CEO Paolo Ardoino has suggested that advancements in quantum computing could make it possible to hack and retrieve lost Bitcoin, including the nearly 1 million BTC supposedly held by Bitcoin's pseudonymous creator, Satoshi Nakamoto.
Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.
As FTX begins its repayment process and injects liquidity into the market, there's a downward pressure on the price chart. As a result, Bitcoin is having trouble building the buying momentum that analysts had anticipated would increase following FTX's repayments. FTX Distributes $1.
Co-founder and CEO of Amboss, Jesse Shrader, believes that broader adoption of the Lightning Network is just around the corner and that USDT on Lightning is a game changer.
While Bitcoin.com News has already disseminated numerous accounts on the predictions of generative artificial intelligence (AI) by roughly six to nine chatbots depending on the test, in this audacious experiment, we've escalated the number to an unprecedented extent, magnifying the breadth of our predictive inquiry to 15 bots.
Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.
Fold's Nasdaq debut could pave the way for increased mainstream acceptance and integration of Bitcoin in traditional financial markets. The post Fold set to be first Bitcoin financial services firm on Nasdaq appeared first on Crypto Briefing.
Bitcoin's bull run is going to continue as fundamental stars start to align. That's according to analysts at research and brokerage firm Bernstein, who said on Monday that investors should be prepared for the next leg of the bull rally in Bitcoin and equities related to the alpha crypto.
There has been a significant shift in how closely Bitcoin (BTC) moves alongside traditional equity indices compared to earlier months. The correlation with the Nasdaq and the S&P 500, which had been relatively strong through much of 2024, shows a slight but consistent decline going into late 2024 and 2025.
Bitwise Asset Management has revealed its Bitcoin ETF wallet addresses, allowing investors to verify holdings directly on the blockchain and potentially influencing industry standards.
Maple Finance, BitGo, Copper, and Hex Trust have partnered with Core Foundation to launch InstitutionalBitcoin, lstBTC. What Happened: The launch of lstBTC aims to provide institutional Bitcoin holders with a yield-generating solution without requiring them to move their assets from trusted custodians.
Jeff deGraaf, Renaissance Macro Research chairman, joins 'Money Movers' to discuss Meta's technicals, which parts of the market could move higher, and much more.
Google's integration of Bitcoin wallets could significantly lower barriers for mainstream adoption, enhancing accessibility and security in crypto. The post Google exploring ‘Sign in with Google' for Bitcoin wallets appeared first on Crypto Briefing.
Microstrategy, now rebranded as Strategy, confirms its massive 478,740 BTC holdings, staying committed to its bold bitcoin strategy despite market fluctuations and shifting financial maneuvers. Strategy Holds Firm With 478,740 BTC Software intelligence company Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, has disclosed that its bitcoin holdings remain at approximately 478,740 BTC.
Bitcoin remains in a low-volatility regime, with risk-averse traders driving down yields, volumes, and futures premiums, K33 Research said.
Bitcoin price continues to struggle this week. It has gone nowhere in the past two months as many investors remained in the sidelines and the 2024 gains took a breather.
HK Asia Holdings announced the purchase of one Bitcoin on February 13, calling this investment “symbolic in scale.” Following the public announcement, the company's stocks surged by 93% between February 13 and 17.
Bitcoin (BTC) price has been trading below $100,000 for the past two weeks, with technical indicators showing a battle between bulls and bears. Despite attempts at recovery, BTC remains in a consolidation phase, with key resistance levels preventing a breakout.
BTC price fell below $96,000 and hovered around $95,000 early Tuesday morning even as trading activity continued to climb. Market Activity Intensifies but Bitcoin Dips Below $96K Threshold Bitcoin (BTC) is experiencing downward pressure despite a notable increase in trading volume, signaling a cautious yet active market.
The CryptoQuant analyst expects investors to follow the sell in May investment strategy and BTC to rally significantly in the last quarter.