Bitcoin started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday's strong jobs report.The leading cryptocurrency by market value dipped below $93,000 during
Allianz SE, Europe’s second-largest insurance company and Germany’s largest, has acquired nearly 25% of MicroStrategy’s recent convertible note offering. The investment marks a substantial endorsement of Bitcoin by a major financial institution. Alli
MicroStrategy is planning to sell $1.75 billion in convertible notes, the Michael Saylor-created company announced late Thursday, November 18. According to a press release from the software firm, the profits will be used to increase its ever growing
Marathon Digital proposes $700M in convertible senior notes to expand Bitcoin holdings and repay existing debts. Marathon explores diversification into AI and computing amid challenges like rising Bitcoin mining difficulty. Marathon Digital Holdings,
MicroStrategy Founder Michael Saylor announced the firm would offer $1.75 billion in zero-coupon convertible notes to purchase more Bitcoin. Earlier today, MicroStrategy bought over $4.6 billion in BTC. The post-Trump bull market has turbocharged Mic
Bitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 statement. The offering, subject to market conditions, includes an additional $105 million purchase option for initia
MicroStrategy ends $1 billion notes offering in push to acquire even more Bitcoin
MicroStrategy has raised its convertible note offering to $875 million, with plans to use the proceeds for redeeming existing debt and acquiring more Bitcoin. Business intelligence firm MicroStrategy, one of the largest corporate holders of Bitcoin (
How did the market react to MicroStrategy's new convertible senior notes offering?
On Monday, business intelligence firm Microstrategy, led by Bitcoin (BTC) advocate Michael Saylor, announced its intention to offer $700 million in convertible senior notes due 2028 as part of a broader strategy to strengthen its Bitcoin portfolio wh
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase m
Notes from a 2023 conference call between Assistant US Attorneys revealed allegations against Ryan Salame tied to Alameda Research’s bribery scheme in China.
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move alig
Bitdeer Technologies Group, a Singapore-based cryptocurrency mining company, has proposed a $150 million public offering of convertible notes set to mature in 2029.
Crypto mining company Bitdeer Technologies is gunning to raise $150 million. The company is rolling out a public offering of convertible senior notes, wanting to lock down the funds to fuel its ambiti
Marathon Digital is planning a $250 million private offering of convertible senior notes, intensifying its commitment to expanding Bitcoin holdings. Bitcoin mining firm Marathon Digital Holdings is se