Tag: Investment
MicroStrategy Acquires 51,780 Bitcoin for $4.6B in Major Investment Move
MicroStrategy, a company focused on Bitcoin development, recently made a significant investment move by acquiring 51,780 Bitcoin for $4.6 billion within a six-day period. This purchase adds to the company's existing Bitcoin stack, bringing...
Bitcoin Surpasses Silver in Market Cap, Solidifying Its Status as a Mainstream Financial Asset
Bitcoin has made a significant milestone by surpassing the market cap of silver, solidifying its status as a mainstream financial asset. The latest "Bitfinex Alpha" report revealed that Bitcoin reached a new all-time high...
Trading Strategies: Polymarket Trader Loses Millions on Tyson, Profits on Trump
This week in prediction markets, a Polymarket trader named "zxgngl" experienced both highs and lows. Initially, he pocketed $11.4 million by correctly betting on Donald Trump winning the presidency, but later lost $3.4 million...
MARA Announces $700M Convertible Senior Note Offering, Shares Drop 5%
MARA Holdings recently made a significant announcement regarding a private offering of $700 million in convertible senior notes due 2030. The offering is specifically targeted towards qualified institutional buyers, with the option for purchasers...
Metaplanet Seeks $11M for Bitcoin Buys, Shareholder Benefits Program Offered
Metaplanet, a Tokyo-based investment firm, is looking to raise $11 million through the issuance of ordinary bonds to fund additional Bitcoin acquisitions. The bonds, with an annual interest rate of 0.36% and a maturity...
Metaplanet Announces $11.3M Debt Sale for Bitcoin Acquisition
Metaplanet, a Tokyo-listed company, is following in the footsteps of MicroStrategy by announcing a debt sale to increase its bitcoin (BTC) holdings. The company has revealed that it will issue one-year bonds with a...
Bitcoin futures see all-time high surge in Open Interest (OI) by 29% in November
Bitcoin futures experienced a significant surge in Open Interest (OI) in November, reaching an all-time high increase of 29%. This surge indicates a growing interest in Bitcoin futures trading among investors.Open Interest refers...
Maximize Your Profits: Strategies for Long-Term Bitcoin Holders
Bitcoin investors who have held onto their assets for the long term are now taking advantage of the recent rally in Bitcoin prices to secure their profits. This profit-taking activity has been quite significant,...
Memecoin Outperforms Crypto Market with 6x Higher Returns in Last 30 Days
Over the last 30 days, memecoins have been the standout performers in the cryptocurrency market, surpassing the average returns by a significant margin. According to data from Artemis, memecoins have recorded an average return...
ADA Surges 18.4% in CoinDesk 20 Performance Update: Leading Index Higher
ADA, one of the cryptocurrencies featured in the CoinDesk 20, has experienced a significant surge of 18.4% in its performance update, leading the index higher. This surge has caught the attention of investors and...