Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — here’s how it works. What to know: MicroStrategy is using convertible notes in a unique way to raise funds and…
Bitcoin’s price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a…
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin…
The crypto market’s value dropped 7.5% on Thursday after the Fed Reserve cut the fed funds rate by 25 basis points. The new target range of 4.25%-4.50% met expectations, following which investors moved away from risk-on assets like cryptocurrencies and…
Crypto markets have been on the rise since the U.S. Presidential election, with investors hoping for a sea of changes with the incoming administration. Donald Trump, who several heavyweights in the industry endorsed, is expected to make sweeping changes to…
The software company's potential addition to the S&P 500 index could be an even larger opportunity in the medium-term, the report said. What to know: MicroStrategy's addition to the Nasdaq-100 could lead to S&P 500 inclusion, which would be an…