Category: Bitcoin

MicroStrategy to Buy Another $500 Million Worth of Bitcoin, Announces a BTC Holding Company

MicroStrategy to Buy Another $500 Million Worth of Bitcoin, Announces a BTC Holding Company

MicroStrategy, the company, spearheaded by one of Bitcoin’s most vocal proponents, Michael Saylor, has completed yet another senior secured notes offering to buy more BTC. In an announcement revealed today, MicroStrategy said it’d completed a $500 million offering of senior secured notes due 2028 to buy more bitcoins. As it stands, the company now owns […]

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MicroStrategy completes $500 million offering, plans to buy more Bitcoin

MicroStrategy completes $500 million offering, plans to buy more Bitcoin

Software company MicroStrategy has today completed its $500 million offering of secured notes, according to a statement. The company said it plans to use these proceeds, which it estimates at $488 million — after discounts, comissions and expenses — to buy more bitcoin. The offering was of secured notes due 2028 that bear interest at […]

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Bitcoin Surges Past $40K as Paul Tudor Jones Wants 5% Portfolio Allocation to BTC

Prominent legacy investor Paul Tudor Jones III has doubled down on his support of bitcoin by indicating that it is reliable, honest, secure, and 100% certain. Furthermore, he said he wants to have 5% of his entire portfolio allocated in BTC. Ever since the COVID-19 pandemic broke out last year, the US billionaire hedge fund […]

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Bitcoin gains 12% to close in on $40,000 for the first time in two weeks, as analysts reveal two key levels

Bitcoin gains 12% to close in on $40,000 for the first time in two weeks, as analysts reveal two key levels

Bitcoin saw a spike on Sunday to come within touching distance of the $40,000 level after the Technoking of Tesla reignited his love for the crypto. Analysts have revealed the two key levels that could shape BTC’s future in the short term, including breaching its 200-day simple moving average. Bitcoin saw a spike on Sunday […]

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Central Bank of Tanzania Should Strive for Crypto Adoption, Says the Country’s President

The president of Tanzania – Samia Suluhu Hassan – outlined the nation’s need for cryptocurrency adoption. She stressed out that the East African region still falls behind other, more advanced regions. ‘Do Not be Caught Unprepared’ In a recent announcement, the Tanzanian president – Samia Suluhu Hassan – highlighted the development of cryptocurrency usage and […]

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