MicroStrategy, the leading corporate holder of Bitcoin, has announced plans to raise $2 billion through a perpetual preferred stock offering to bolster its Bitcoin reserves. The move aligns with the company’s ambitious “21/21” plan, which involves raising $21 billion in equity and $21 billion in fixed-income instruments to support its ... Read more
MicroStrategy co-founder and renowned Bitcoin advocate Michael Saylor shared a chart from the SaylorTracker website on X on December 29, highlighting the latest Bitcoin (BTC) trends. Saylor’s regular Sunday posts often precede MicroStrategy’s Monday BTC acquisitions, creating widespread market speculation. MicroStrategy’s Bitcoin Strategy and Market Impact On December 22, 2024, ... Read more
U.S. spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing the Bitcoin holdings of the cryptocurrency’s creator, Satoshi Nakamoto. Since launching spot Bitcoin ETF trading in January, these ETFs have accumulated over 1.1 million BTC, marking the first time they’ve outpaced Nakamoto’s holdings, according to Bloomberg ETF analyst ... Read more
