MicroStrategy launches $600 million notes offering to fuel Bitcoin acquisition as stock surges MicroStrategy is introducing a $600 million offering of notes to fund the acquisition of Bitcoin as its stock price rises.
MicroStrategy announced plans to offer $600 million in convertible senior notes due 2030 to fund further acquisitions of Bitcoin after its stock price surged 20% in the early hours of trading on March 4. The private offering is aimed at qualified institutional buyers and is subject to market conditions and other factors. The move aims to
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BlackRock looking to include Bitcoin exposure in other funds BlackRock is considering adding exposure to Bitcoin in its other funds.
BlackRock has filed an amendment with the SEC to integrate Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX), according to a March 4 filing. BSIIX’s total fund size stood at $36.5 billion, while its share class total net assets were $24.2 billion as of March 1. The fund typically invests in fixed-income securities and other
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Nigeria Demands Arrests of Binance Execs as Crypto Crackdown Intensifies Nigeria is requesting the apprehension of Binance executives as the crackdown on cryptocurrency intensifies.
Binance executives were reportedly detained in Nigeria last week. Now parliament is seeking the arrest of more amid a demand a $10 billion demand.
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Leia maisZero Balance? Coinbase Crashes Again as Bitcoin Surges ¿Qué significa tener un saldo cero? Once again Coinbase experiences technical difficulties while Bitcoin’s value goes up.
Coinbase crashed yet again as a Monday surge in Bitcoin’s price brought another surge in traffic.
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