Microstrategy is issuing $2B in convertible senior notes due 2030 for Bitcoin purchases. The company holds 478,740 BTC, worth over $46 billion.
The crypto market is facing another wave of turbulence as its upward trend faces resistance. The total market capitalization has fallen to $3.15 trillion, and Bitcoin (BTC) has dropped to $95,705, causing a ripple effect throughout the market.
Hong Kong-based HK Asia Holdings saw its stock surge 93% after buying one Bitcoin, joining other Asian firms like Metaplanet and Ming Shing in following Strategy's corporate cryptocurrency investment approach.
A web3 specialist from Google spoke at a recent event about its plans for Bitcoin wallet access. Google has shown increased interest in web3 integration and adoption over the past year.
Michael Saylor's Strategy (NASDAQ:MSTR), the largest corporate Bitcoin holder in the world, intends to issue $2 billion in convertible debt through a private offering, to buy more Bitcoin (CRYPTO: BTC) What Happened: On Tuesday, the company announced plans to offer the notes to institutional investors through a private placement, including an additional $300 million option for early buyers. The notes, set to mature on March 1, 2030, will be convertible into cash, stock, or a combination of both at Strategy's discretion.
Periods of calm in the Bitcoin market are often misleading. Indeed, when volatility collapses, it gives way to brutal amplitude movements, capable of surprising both seasoned investors and short-term speculators.
Kyle Song, Google's Web3 specialist, recently revealed plans. He wants to make it easier for users to log in and transact Bitcoin using just a Google account.
Bitcoin struggles near $95K as Fed uncertainty and $430M outflows shake markets. Can BTC recover or is a deeper drop ahead? Key levels to watch! The post Bitcoin Price Drops Below $96,000; Will BTC Bounce or Break Lower? appeared first on Cryptonews.
Spot Bitcoin exchange-traded funds in the U.S. shifted to net outflows on Feb. 18 as Bitcoin briefly dipped under $95,000, driven by declining odds of Trump approving a Strategic Bitcoin Reserve in the U.S.
Bitcoin should not reenter a bear market in 2025, even with a 30% BTC price drop, says CryptoQuant CEO Ki Young Ju.
Bitcoin's (BTC) price behavior has long been tied to the broader movements of traditional financial markets, especially equities. But a new shift has emerged in the market, as Bitcoin's correlation with the S&P 500 has fallen to zero.
An analyst who accurately predicted the crypto meltdown three years ago warns that Bitcoin (BTC) is showing bearish signals, suggesting that the current consolidation may resolve to the downside.
As Bitcoin's value is poised for significant growth in the coming years, investors, particularly sovereign wealth funds, are expected to continue increasing their exposure to the digital asset.
In a note published on Tuesday, Jurrien Timmer, Director of Global Macro at Fidelity Investments, discusses how a shifting economic landscape could influence markets, central bank policy, and the trajectory of both Bitcoin and gold. With the S&P 500 hitting new highs and the so-called “Trump Trade” reversing course, Timmer offers nuanced insights into fiscal policy, inflation, and the role of risk assets in a “limbo” market environment.
Bitcoin's price is showing signs of volatility, with recent fluctuations sparking comparisons to its movements in August 2023.
With ETF momentum still in play for Solana and XRP, will altcoins continue to outperform?
With the recent bloodbath and Bitcoin giving a poor show all through February, there is a buzz that institutional confidence in Bitcoin is dropping as Donald Trump's team is pushing meme-coins more than Bitcoin.
Bitcoin wallet UniSat has introduced Hexa, a hybrid trading engine designed to offer a seamless trading experience while maintaining self-custody.
The crypto market today has experienced a slight pullback today, with the global market cap bogging down by 1.26% to $3.13 trillion. Despite this drop, trading volume surged by 20.99% to $110.17 billion, indicating fueling activity as investors react to the market shift.
In response to mounting concerns over transparency, Coinbase has unveiled a Proof of Reserves (PoR) for its wrapped Bitcoin token, cbBTC.
Strategy, the world's largest corporate Bitcoin holder, plans to raise $2 billion through zero-interest convertible notes to buy more Bitcoin. A company statement dated Feb.
As global markets grapple with tighter monetary policies, entrepreneur-turned-politician Vivek Ramaswamy predicts a structural shift in corporate finance strategies, with bitcoin poised to become a staple of institutional treasuries. Bitcoin—A ‘More Common Corporate Treasury Holding' In a statement on X on Feb.
Michael Saylor, the prominent advocate for Bitcoin (BTC), continues to champion the digital asset as a revolutionary force within the financial landscape. His latest insights come in the form of the “21 Rules of Bitcoin,” a set of guiding principles that emphasize Bitcoin's role in reshaping global finance.
On February 13, HK Asia Holdings made a symbolic investment by purchasing a single Bitcoin, triggering a 93% surge in their stock price by February 17, reaching 5.50 HKD ($0.71).
Why are companies like HK Asia betting big on Bitcoin?
Bloomberg's senior ETF analyst Eric Balchunas has stated that while BlackRock's iShares Bitcoin Trust ETF (IBIT) has done well since its launch last year, it faces several challenges going forward.
The U.S. Senate has approved Howard Lutnick as the 41st Secretary of Commerce, putting a pro-crypto financier in charge of American trade and economic policy. The Senate confirmed Lutnick with a 51-45 vote conducted on Tuesday, Feb.
The cryptocurrency market remained cold on February 19, with Bitcoin (BTC) hovering around $95K. Ethereum (ETH), Solana (SOL), and XRP recorded losses ranging from 1% to 6%, sparking concerns among investors. The bearish sentiment is driven by multiple macroeconomic factors like trade war fears and hawkish monetary policies.
Utah's 'H.B. 230' bill, also known as the bitcoin strategic reserve bill, advanced to the Senate Revenue and Taxation Committee on Tuesday.
Strategy has announced plans to raise $2 billion through 0% senior convertible notes to further expand its Bitcoin holdings. The post Saylor's Strategy Aims to Raise Another $2 Billion via Convertible Notes for More BTC Purchases appeared first on Cryptonews.
Understanding money is hard—especially when we don't ask how it works. Wait, So What Is the U.S. Dollar Backed By? Alex leaned forward at the coffee shop table. “You criticize bitcoin, but do you know how the U.S. dollar works?” John hesitated.
Entrepreneur-turned-politician Vivek Ramaswamy anticipated Bitcoin (CRYPTO: BTC) to become a popular corporate treasury holding on Tuesday. What Happened: In an X post, the Republican noted that as the era of easy money ends, companies and state institutions will need to reassess their internal capital investment strategy.
The situation offers two paths: short positions or potential accumulation at lower prices for long-term investors.
Howard Lutnick, former CEO of Cantor Fitzgerald and a well-known Bitcoin advocate, has officially been confirmed as the new US Secretary of Commerce. The Senate approved his nomination with a 51-45 vote, placing him in a key position within President Donald Trump's administration.
Crypto prices today (February 19): Bitcoin (BTC) and leading altcoins prices again encountered a severe waning action recently, generating investor apprehensiveness across the broader landscape. BTC price dipped to touch a $93K low intraday, whereas Ethereum (ETH), Solana (SOL), and XRP prices cracked 1%-6% during the same period.
Bitcoin price signals bearish trend, dropping below $94k amid market volatility. Meanwhile, Strategy announces $2B note offering to acquire more BTC despite the correction.
Bitcoin's short-term price direction remains uncertain, as analysts and investors are divided on whether BTC will break into a new all-time high (ATH) or face selling pressure into lower prices.
Bitcoin price started another decline below the $96,200 zone. BTC is retesting the $95,000 support zone and might struggle to recover losses.
JPMorgan reports that U.S.-listed Bitcoin miners have significantly expanded their presence, with their collective hashrate nearly doubling over the past year. The 14 mining companies tracked by JPMorgan saw a 95% increase in hashrate year-over-year, reaching 244 exahashes per second (EH/s).
Bitcoin edged lower for the third consecutive day, slipping 0.3% to $95,472. Investors remain cautious amid uncertainty over U.S. trade tariffs and the Federal Reserves interest rate outlook.
The U.S. SEC has officially acknowledged Grayscales application to convert its XRP Trust into an ETF, marking a significant milestone despite not guaranteeing approval. ETF analyst Nate Geraci called the move an enormous message, as the SEC continues its legal battle with Ripple, recently filing an appeal in the ongoing case.
Michael Saylor, a prominent Bitcoin advocate, has shared his 21 Rules of Bitcoin, highlighting the journey from skepticism to acceptance in the world of digital assets. Saylor emphasizes that Bitcoin is more than just a financial instrument; it represents freedom from traditional economic constraints.
Howard Lutnick, a longtime advocate of Bitcoin and former CEO of Cantor Fitzgerald, has been confirmed as the new US Secretary of Commerce. The Senate approved his nomination in a 51-45 vote, securing his position in President Donald Trump's administration.
Howard Lutnick confirmed as US Secretary of Commerce with a 51-45 Senate vote. Lutnick is a Bitcoin advocate with plans to implement Trump's tariff policies.
A crypto strategist known for accurately calling the 2021 digital asset cycle top believes Bitcoin (BTC) and altcoins are poised to bounce higher this week.
Strategy (formerly MicroStrategy) is conducting a private offering of convertible senior notes. The firm will offer $2 billion of these assets and use the proceeds to buy more Bitcoin.
Betting big on bitcoin, Microstrategy is raising $2 billion through convertible notes to fuel further BTC acquisitions, reinforcing its vision as the ultimate bitcoin treasury firm. Strategy Targets $2B in Fresh Capital—A High-Stakes Bet on Bitcoin's Future Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on Feb.
Standard Chartered's global head of digital assets research, Geoffrey Kendrick, has reaffirmed his standout price forecast for Bitcoin. Kendrick, who envisions BTC hitting $500,000 by 2028, bases his conviction on evidence of increasing institutional involvement — specifically pointing to sovereign wealth funds, state pension funds, and other large-scale investors.