TL;DR MicroStrategy completes $1.01 billion convertible senior notes offering at 0.625% interest. The funds will be used to redeem existing notes and acquire more Bitcoin. The notes are scheduled to mature on September 15, 2028.

The Bitcoin market continues to see a lot of noisy behavior, as the market has been trying to discern the risk appetite in this market, as well as many others. The market continues to see a lot of volatility, as well as reactions to the interest rate decisions from central

MicroStrategy, in a Sept. 20 filing with the US SEC, declared the acquisition of 7,420 BTC for $458.2 million at an average price of $61,750 per Bitcoin between Sept.

Michael Saylor's firm now holds nearly $16 billion in Bitcoin with this purchase, which came just days after the last one.

Bitcoin has surged past the $62,000 mark, reaching $62,326.36—its highest price since late August. This increase, representing a 4.07% rise in just 24 hours, follows the Federal Reserve's recent decision to lower interest rates by 50 basis points, a move that caught many analysts by surprise as they had anticipated a smaller reduction of 25 basis points.

BTC price predictions see some consolidation before Bitcoin bulls tackle major resistance hurdles.

MicroStrategy doubles down on Bitcoin accumulation strategy with a fresh acquisition worth nearly half a billion.

Samson Mow sets his sights on Japan in his latest effort to promote state-level Bitcoin adoption.

The price of Bitcoin (BTC) witnessed a huge rally recently as it officially ceased its extended consolidation period. This price rebound has injected bullish momentum onto the broader market as investor sentiment has also turned positive.

MicroStrategy announced on Friday it had completed a $1.01 billion offering of convertible senior notes.

MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.

Market analyst Will Clemente reports that there has been a notable increase in trading activity for Bitcoin, with over $1 billion in contracts opened on BTC perpetual futures in the last day alone.

Bitcoin's price has remained stable despite negative Coinbase Premium values as buying pressure on Binance increases.

MicroStrategy acquired 7,420 Bitcoins for approximately $458.2 million between September 13 and September 19.

MicroStrategy Founder and Chairman Michael Saylor finally commented on a recently published Bitcoin Whitepaper from BlackRock. Saylor's comment comes after popular figures like Bloomberg's Senior ETF analyst Eric Balchunas spotlighted the BlackRock Bitcoin whitepaper.

The reactivation of Bitcoin miner wallets from as far back as 2009 has generated considerable interest within the cryptocurrency sector on Friday.

With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.

MicroStrategy has purchased more Bitcoin, with the company announcing it had acquired an additional 7,420 BTC. On Sept. 20, MicroStrategy announced it had completed its $1 billion convertible senior notes offering.

Bitcoin could not hold the price level at $63,800 and dropped around 1.92% to $62,573. It was moving average 20 that gave some support to bitcoin price and it again rose and reached the old all time high of bitcoin.

Proof of Workforce and Santa Monica's vice mayor will present a case study on the city's innovative Bitcoin Office at the CMRTA Annual Conference. The office, the first of its kind in the U.S., aims to educate on Bitcoin and support economic recovery.

Bitcoin price rose to a key resistance level as investors embraced a risk-on sentiment after the dovish interest rate decision. Bullish catalysts for Bitcoin Bitcoin (BTC) jumped to the important point at $64,000 for the first time since Aug.

Brian Armstrong, the CEO of Coinbase, recently expressed his support for the adoption of Bitcoin as official currency in another Latin American country. According to him, "economic freedom is the basis of all freedoms.

Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 252,220 bitcoin, purchased for roughly $9.9 billion at an average price of $39,266 per coin. The year-to-date bitcoin yield stands at 17.

MicroStrategy's aggressive Bitcoin acquisitions could significantly influence market dynamics and corporate treasury strategies globally. The post MicroStrategy adds 7,420 BTC to its stash, reveals $1 billion in cash for another buying round appeared first on Crypto Briefing.

As the cryptocurrency market shows signs of recovery, MicroStrategy, the largest corporate Bitcoin (BTC) holder made a big move by purchasing 7,420 BTC worth $458.2 million. It took six days to accumulate this substantial BTC at an average price of $61,750, according to the on-chain analytics firm Lookonchain. MicroStrategy bought another 7,420 $BTC($458.

Bitcoin (BTC) dormant whales are ancient addresses that have remained inactive for an extended period, usually kept by long-term holders. Recently, five 15-year dormant whales activated to move nearly $16 million almost simultaneously, making waves in the cryptocurrency market.

Bitcoin critic and gold advocate Peter Schiff has made headlines again by claiming that gold is winning the investment race against Bitcoin. He noted that gold has hit a record high of over $2,614. In contrast, Bitcoin hasn't reached a new peak since March 2023.

The latest acquisitions come amid MicroStrategy's completion of a $1.01 billion upsized offering of convertible notes.

As became known, yesterday, on Sep. 19, MicroStrategy completed its 0.625% convertible senior notes offering, an event that saw the company successfully raise over $1 billion.

Michael Saylor's MicroStrategy raised approximately $1.01 billion through the offering of 0.625% convertible senior notes due 2028.

The price of Bitcoin (BTC) witnessed a remarkable surge recently. It went above the crucial $63,000 mark after weeks of consolidation around the $55,000 to $57,000 range.

TL;DR Diversification Benefits: Bitcoin operates independently of centralized systems, making it a valuable diversifier during geopolitical and economic instability, often uncorrelated with traditional risk factors. Institutional Interest: Growing concerns over the U.S.

Bhutan's experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies.

The Bitcoin price today is up as Donald Trump made a crypto payment using the flagship crypto while buying food for supporters during a campaign stop in New York. This development again highlights how much the former US President could impact the crypto's price, with analysts predicting a Bitcoin price surge if Trump wins.

MicroStrategy bought another $460 million worth of BTC at $61,750.

Microstrategy has revealed plans to acquire additional bitcoin after completing a $1.01 billion offering of convertible senior notes. This move comes as part of the company's ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy Completes $1.

Business intelligence firm MicroStrategy has added $458.2 million worth of Bitcoin to its coffers, according to a Friday announcement made by co-founder Michael Saylor. The company now holds a total of 252,220 Bitcoins.

On-chain data shows that Toncoin (TON) has recently become the number one cryptocurrency in this network activity-related indicator. Toncoin Has Seen A Sharp Surge In Active Addresses Recently According to data from the market intelligence platform IntoTheBlock, Toncoin has recently increased active addresses.

MicroStrategy Inc., a blockchain intelligence and software company, has successfully completed a private issuance of $1.01 billion in Convertible Senior Notes.

The descent of August seems to be over, but it still seems a bit too early for a new bull run.

The crypto market is currently experiencing an impressive surge, with optimism rising among traders as they anticipate favorable conditions stemming from the Federal Reserve's recent decision to cut interest rates.

Japan's interest rate decision highlights the differing monetary strategies between two economic powerhouses — Japan and the US.

American blockchain intelligence and software firm MicroStrategy Inc. has completed the private issuance of $1.01 billion in Convertible Senior Notes. First announced last week, the original target was to offer a total of $700 million worth of debt notes, with a Bitcoin purchase underlying the push.

A long-dormant wallet, inactive since 2009, moved 250 BTC on Sept. 20, offering a rare look into the activities of a whale from the earliest days of Satoshi-era mining on desktop computers.

MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment.

Bitcoin's price surged more than 6% this week, reaching a high of $63,800 following the U.S. Federal Reserve's decision to cut interest rates by 50 basis points.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.