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Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
19.3.2024
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds...
Unmasking ‘Mr. 100’: The Enigma Behind Bitcoin’s 14th-Largest Holder
16.3.2024
A Bitcoin whale known as "Mr. 100" has captured the attention of the crypto community in recent days.
The post Unmasking ‘Mr. 100’: The Enigma Behind Bitcoin’s 14th-Largest Holder appeared first on Cryptonews
El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates
15.3.2024
El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpassing expectations of what the country was believed to hold in the rallying...
El Salvador to Store ‘Big Chunk’ of Bitcoin Holdings in Physical Vault
15.3.2024
El Salvador intends to move a substantial portion of its Bitcoin holdings to a cold wallet. This wallet would be housed in a physical vault within the country, President Nayib Bukele revealed Friday.
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Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings
14.3.2024
On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various...
MicroStrategy Plans Another $500 Million Private Offering of Convertible Senior Notes, Will Use Proceeds to Buy Bitcoin
13.3.2024
MicroStrategy is diving back into the market with a new $500 million private offering of convertible senior notes. The firm plans to use the proceeds to bolster its already considerable Bitcoin holdings. This comes after a previous successful offering and underscores MicroStrategy's unwavering...
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
12.3.2024
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues
Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise
11.3.2024
Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to...
El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings
8.3.2024
El Salvador – one of the smallest and most densely populated countries in Central America – may eventually become one of the wealthiest countries in the world because of its Bitcoin holdings. For context, the country became the world’s first nation to accept Bitcoin as legal tender in September...
On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says Arkham
8.3.2024
Crypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” the firm detailed, stating: “We are the first...
Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26 Billion Since ETF Conversion
5.3.2024
Grayscale, the world's largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
The post Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26...
Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
5.3.2024
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become...
El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’
29.2.2024
El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” Bukele further shared: “Now that bitcoin’s market price...
El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%
28.2.2024
The country's bonds have also surged to over 80 cents on the dollar
Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin
28.2.2024
Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X -- in a screenshot, Sun shared that his HTX account contained 28,614 BTC which is worth $1.6 billion.
The post Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin appeared first on Cryptonews
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
16.2.2024
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark...
MicroStrategy’s Bitcoin Holdings Now Worth Over $10 Billion
15.2.2024
MicroStrategy, the largest corporate owner of bitcoins, possesses over $10 billion worth of the cryptocurrency as of Thursday morning. According to MicroStrategy’s Q4 2023 Financial Results presentation, published on February 6, the company has made a profit of over $4 billion on its Bitcoin...
Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement
12.2.2024
An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirmed. Institutional investors are rapidly accumulating Bitcoin, marking...
BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure
12.2.2024
Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...
Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’
8.2.2024
Nasdaq-listed Microstrategy has increased its cryptocurrency holdings to 190,000 bitcoins, having acquired 31,755 additional coins since the end of the third quarter. The company now considers itself “the world’s first Bitcoin development company,” with a unique value...