Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin

MicroStrategy plans to raise $500 million through a convertible senior notes offering, with proceeds going primarily toward acquiring more Bitcoin for its corporate treasury.

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Bitcoin Suisse issues tokenized bond on Obligate to raise fresh capital

Swiss crypto custodian Bitcoin Suisse has issued tokenized bond via Obligate to double down on growth efforts in the lending business. Bitcoin Suisse, Switzerland’s largest crypto custodian with over $5.

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Semler Scientific To Raise $150M To Buy More Bitcoin

Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead.

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DMM Bitcoin announces compensation strategy for hack victims

DMM Bitcoin to use loans and capital raise to repay customers after $305M in bitcoin was stolen in a recent security breach. The post DMM Bitcoin announces compensation strategy for hack victims appeared first on Crypto Briefing.

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DMM Bitcoin to raise $320m to pay back victims of recent hack

The Japanese crypto exchange outlined plans on its website to raise $320 million to purchase bitcoin and repay their hack’s victims.  According to DMM Bitcoin’s website, all clients who held Bitcoin (BTC) during the hack will be guaranteed a refund…

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Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims

Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack.

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University of Austin And Unchained To Raise $5 Million For Bitcoin Endowment

The University has committed to holding the Bitcoin for at least five years.

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Tim Draper leads $3.5 million raise for Bitcoin liquidity protocol Zest

Tim Draper’s VC firm Draper Associates led the $3. 5 million seed round for Zest Protocol. Binance Labs, Trust Machines and Bitcoin Frontier Fund among key participants. Billionaire Tim Draper has led a $3.

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Zest Raises $3.5M, Led by Tim Draper, for On-Chain Bitcoin Lending Using Stacks

The seed raise was led by billionaire investor Tim Draper with participation from Binance Labs, Flow Traders, Trust Machines and others.

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Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation

Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern.

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BTC Halving Boosts Bears as BlastUP’s Ascent Yields $4.7 Million Raise

The crypto market remains under bears’ grip influenced by the possible impact of the Bitcoin halving. This event, which halves the reward for mining BTC, is fueling heated debate about the direction the market may take.

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99Bitcoins Secures $150K On First Day of Its Learn-To-Earn Presale Launch

99Bitcoins, a crypto project that provides information about cryptocurrency to onboard new users to the industry, has launched its much-anticipated token presale. The presale launch will see the platform democratize access to crypto knowledge while embracing Bitcoin’s meteoric rise, as evidenced by its staggering $150,000 raise on the first day alone. At the core of […]

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Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera

Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.

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Runes Liquid Fund launches with $3 million investment as halving nears

Sora Ventures, a venture capital firm focused on the Bitcoin ecosystem, has announced the successful raise of $3 million to launch a Runes Liquid Fund, a new investment vehicle dedicated to investing in liquid assets on the Runes Protocol.

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First Mover Americas: Galaxy Digital to Raise $100M for New Fund

The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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VanEck to manage reserve fund for new Agora Dollar stablecoin venture after $12 million raise

Bitcoin exchange-traded fund (ETF) issuer VanEck is set to oversee the reserve fund for a new stablecoin venture called Agora Dollar (AUSD). The stablecoin firm raised $12 million in a funding round led by crypto venture fund Dragonfly.

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SOL, AVAX AI tokens and other cryptos star in analyst picks as InQubeta capitalizes on trend With $12M raise

The crypto market is going through a harsh pre-halving correction, with most major altcoins down over 10% in the last 24 hours while Bitcoin and Ether are down 7% and 6% respectively. However, "corThe post SOL, AVAX AI tokens and other cryptos star in analyst picks as InQubeta capitalizes on trend With $12M raise appeared first on AMBCrypto.

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Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire

MicroStrategy could raise as much as $600 million from its latest convertible debt offering to purchase more Bitcoin. However, JPMorgan analysts have reportedly cautioned that the firm’s reliance on debt to purchase Bitcoin could exacerbate a market downturn.

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Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin

The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.

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MicroStrategy To Raise Another $500 Million Via Debt Offering To Snap Up More Bitcoin

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Brace For Impact: MicroStrategy Is Planning Another $500 Million Bitcoin Purchase

American business intelligence and software development company, MicroStrategy has unveiled new plans to acquire an additional Bitcoin, further bolstering its already substantial BTC holdings. MicroStrategy Mega Bitcoin Purchase In The Works In a recent press release published on MicroStrategy’s official website, the software development company announced plans to raise $500 million in convertible debt offerings to purchase more Bitcoin.

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MicroStrategy looks to raise another $500 million via debt to buy more ‘apex property’

MicroStrategy is looking to raise another $500 million via a bond offering to continue growing its Bitcoin stash less than a week after completing a similar debt sale, according to a March 13 press release.

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MicroStrategy set to buy more Bitcoin, to raise $500m via convertible notes

MicroStrategy® Incorporated (Nasdaq: MSTR) on Wednesday said it will raise $500 million by offering convertible senior notes due 2031 in a private sale targeted at qualified institutional buyers, as per Rule 144A of the Securities Act of 1933.

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Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin

The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.

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Michael Saylor's MicroStrategy To Raise $500 Million To Buy More Bitcoin

Just two days ago, MicroStrategy bought $821.7 million worth of bitcoin, and now they're going to buy more.

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Michael Saylor's MicroStrategy to Raise $600M to Buy More Bitcoin

MicroStrategy is the largest corporate owner of bitcoin, holding roughly $13 billion worth of BTC.

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MicroStrategy To Raise $600 Million To Buy More Bitcoin

The business intelligence firm continues its aggressive bitcoin accumulation strategy as its stock price rips past $1,330.

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Bitcoin traders raise leverage 300%: Will BTC price finally reach $70k this week? 

Bitcoin price attained a major milestone on March 4 as it surged past $64,200 for the first time in 840 days. On-chain data analysis explores how high BTC could reach this week.

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Investors scamper for BlockDAG’s $2m giveaway as Bitcoin Dogs & Ethereum (ETH) prices raise hopes

The cryptocurrency industry is currently witnessing an exciting moment, with BlockDAG (BDAG) and Bitcoin Dogs (0DOG) emerging as the front-runners. On its part, BlockDAG raised an incredible $2 millioThe post Investors scamper for BlockDAG’s $2m giveaway as Bitcoin Dogs & Ethereum (ETH) prices raise hopes appeared first on AMBCrypto.

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XRP traders raise leverage 120% as investors look beyond Bitcoin 

Ripple (XRP) derivatives markets shows that speculative traders have increased bullish bets by 120% since Bitcoin dominance (BTC.D) began to wane on Feb 28. 

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Meet The Viral Cryptos – Bitcoin Minetrix and BlockDAG (BDAG) Raise Millions In Their Ongoing Presales While Jupiter Surges

A lot is happening in the world of crypto right now, with analysts predicting the price of Jupiter (JUP) and notable movements from Bitcoin Minetrix and BlockDAG (BDAG), raising millions in their viral presales.

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$3.9M Raised in Under 10 Days: Pioneering BRC-20 ICO’s Momentum Continues

London, United Kindgom, February 23rd, 2024, Chainwire Bitcoin Dogs, a pioneering token sale on the Bitcoin blockchain, continues to ramp up. Following its latest raise announcement, the presale has now raised an additional $800,000 in 2 days, pushing it to a total of $3.

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EIA Mining Survey Looms Large Over Bitcoin Mining Industry

New directives from the US Energy Information Administration (EIA) set to monitor Bitcoin miners raise questions for an industry operating under particularly exceptional market conditions.

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Tether Printing and Fund Transfers Raise Questions About Bitcoin Price Stabilization Efforts

Following Bitcoin ETF approvals earlier this month, BTC price plunged from $48k to around $40k. Price rebounded today after crashing below $39k in recent days amid a broader market decline. WhaleWire, one of the most popular crypto analysts on Twitter, drew attention to possible price manipulation in a recent tweet.

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Bitfinity to create a Bitcoin sidechain solution on Internet Computer

Bitfinity Network, a web3 infrastructure company, has raised $7 million from Polychain Capital and ParaFi. These funds will be used to create an off-chain infrastructure for Bitcoin and Ordinals. Precisely, the raise coincided with the development of Bitfinity Ethereum Virtual Machine (EVM), a sidechain integrated into Internet Computer.

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Taproot Wizards Raise $7.5 Million to Advance Ordinals, L2s, Zk-Snarks on Bitcoin

The investment round was led by Standard Crypto, with other notable firms participating in the raise as well.

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First Mover Americas: Goldman Leads Blockchain Firm Fnality Raise of $95M

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin builder climbs Africa’s tallest mountain to raise awareness

Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb.

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Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock

The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin.

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Bitcoin Mining Fears: Chinese-Owned Operations In The US Raise National Security Concerns

In a recent report, The New York Times has uncovered alleged national security concerns surrounding Chinese-owned Bitcoin (BTC) mining operations on US soil.  The focus is on a crypto-mining facility in Cheyenne, Wyoming, which raised alarm bells due to its proximity to a Microsoft data center supporting the Pentagon and an Air Force base responsible […]

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Fall In Bitcoin Donations To Hamas, What Mainstream Media Overlooked About Crypto

Following the events in Israel, mainstream media has pointed out the alleged connection between Bitcoin and crypto with Hamas. The terrorist group has been using digital assets to raise money globally, but the situation is complex and sheds light on the indirect use cases of cryptocurrencies.

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Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K

Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns.

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Bitcoin Unprecedented Liquidity And Rate Reversal: A Perfect Storm For Market Correction?

Despite Bitcoin’s recent recovery to the key level of $26,100, signaling a crucial point for its future gains and preventing further decline, there are worrisome signals that could raise concerns for Bitcoin bulls in the short term.

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Bitcoin in the crosshairs - FED Chair's comments raise concerns

A look at what to expect if the Federal Reserve announces a rate hike. Why the impact of the announcement will likely not trigger a major pullback. Bitcoin’s [BTC] downside potential just The post Bitcoin in the crosshairs - FED Chair's comments raise concerns appeared first on AMBCrypto.

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Blockstream to raise $50m to expand ahead of next BTC halving

Major crypto mining firm Blockstream looks to raise $50 million to acquire mining equipment in anticipation of the next Bitcoin (BTC) halving. During a recent interview with Cointelegraph, Blockstream’s mining sales head James Macedonio said that the firm wants to…

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Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners

Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.

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Securing Funding For Lawyers? Terra’s Do Kwon Sells More Bitcoin

In the last few months, Terraforms Labs (TFL) and co-founder Do Kwon have increasingly moved Bitcoin and other cryptocurrency assets worth millions, in a move that has seen analysts question if he is looking to raise funds for lawyers.

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Buying Pressure Incoming? MicroStrategy Files Notice With SEC To Sell $750 Million In Stocks

In a recent development, MicroStrategy, a US-based software firm, has announced intentions to raise about $750 million through stock sales. According to the platform, which is currently one of the biggest corporate holders of Bitcoin, proceeds realized from the sale will be used to purchase more Bitcoin.

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Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.

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