$83,590.00
-2.19%$1,576.15
-3.84%$3.55
-3.17%$2.07
-3.31%$580.89
-1.32%$125.94
-4.10%$0.999954
0.01%$0.252682
0.41%$0.154163
-3.27%$0.607796
-5.15%$1,575.58
-3.81%$83,545.00
-2.28%$9.35
-0.76%$18.84
-5.48%$12.27
-3.15%$0.999923
0.01%$0.234049
-2.53%$2.86
-2.10%$0.00001168
-1.94%$2.10
-3.89%$1,886.28
-4.00%$0.157253
-5.57%$321.74
-3.45%$75.98
-2.47%$1.001
0.10%$4.23
-2.23%$14.95
-7.73%$0.999032
0.00%$1,572.77
-4.01%$0.619501
-16.60%$218.59
3.33%$27.71
-0.51%$1,675.41
-3.98%$52.29
0.12%$83,577.00
-2.16%$5.17
-3.81%$0.00000706
-4.69%$4.68
-0.14%$22.28
-0.72%$33.78
0.44%$0.826407
-5.19%$1.047
0.00%$1.00
0.00%$2.04
-3.33%$0.699923
0.42%$4.79
-2.43%$0.082698
-2.83%$14.86
-2.30%$1.16
-0.00%$134.78
-2.74%$234.07
-1.06%$0.074914
-3.00%$0.02252402
-4.55%$3.67
-5.93%$4.20
1.49%$4.01
-2.85%$83,470.00
-2.39%$0.998578
0.08%$7.92
-1.54%$2.42
-3.46%$0.181093
-1.40%$0.181315
-6.16%$0.274713
-7.41%$0.470904
-7.23%$2.36
-6.33%$3.73
-2.13%$83,477.00
-2.15%$10.32
-0.33%$0.278753
-4.77%$0.460024
-3.56%$1,340.68
-3.93%$0.0702
-4.66%$1.00
0.07%$4.06
-1.71%$0.638365
-2.77%$131.52
-4.17%$0.361173
-4.79%$1.013
-1.24%$0.01548676
-4.87%$1,577.96
-3.80%$63.80
-3.59%$1,638.13
-3.97%$0.605758
-1.42%$0.00001179
-9.40%$0.712105
-4.21%$0.582713
-3.24%$0.16735
-7.93%$1.001
0.09%$0.847943
-6.40%$1.00
0.04%$3,305.56
2.12%$581.33
-1.24%$0.999908
0.02%$14.11
-2.83%$0.604831
2.61%$0.787718
27.50%$7.77
-2.25%$3,309.84
2.18%$1,774.98
-3.94%$0.078046
-1.97%$83,086.00
-0.47%$0.399102
-1.94%$0.997971
0.01%$0.01418595
-5.74%$83,558.00
-2.04%$0.669395
-1.89%$0.268797
-8.15%$0.9995
0.02%$0.01414319
-3.66%$1,675.70
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1.78%$0.678083
-6.62%$0.248791
-2.86%$138.71
-4.05%$0.01821781
-9.55%$0.00000061
-2.61%$0.158917
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-1.41%$161.91
-3.98%$0.57489
13.29%$27.76
-0.99%$0.342913
-2.00%$1.84
-1.14%$0.506671
1.23%$0.420241
-8.69%$0.00005355
-4.47%$1.62
-3.58%$31.76
2.16%$3.14
-0.63%$0.265742
-2.11%$0.998478
0.24%$0.068398
-1.29%$1,647.63
-3.87%$0.999968
0.02%$81,537.00
-1.45%$0.425151
1.52%$0.999983
0.02%$13.82
-5.63%$0.126047
-4.50%$1.64
1.28%$83,454.00
-2.32%$0.00466534
0.14%$0.00000043
0.43%$83,515.00
-2.20%$0.549854
-1.37%$0.451861
-9.73%$1.97
-1.19%$3.78
-9.28%$1.001
0.02%$1.08
0.00%$110.70
0.01%$1,665.85
-2.59%$0.00704552
-3.53%$0.15395
-3.35%$5.57
7.65%$1.11
-3.56%$0.00001938
-1.72%$13.66
-2.70%$82,951.00
-1.91%$1,675.33
-3.87%$23.03
0.23%$0.375143
-11.80%$83,344.00
-2.48%$0.999496
-0.02%$0.127473
5.85%$0.550331
-7.18%$1,566.97
-4.25%$39.84
-1.11%$2.21
-0.97%$0.99978
0.07%$1.001
0.18%$1,576.09
-3.80%$0.03617412
-3.25%$0.066783
-4.04%$1,576.05
-3.90%$1,576.63
-3.77%$0.127591
6.73%$1.00
0.03%$0.413467
-2.33%$5.03
-2.05%$0.01704407
0.83%$1.001
0.28%$0.0324148
-13.96%$0.999862
0.02%$0.999669
-0.01%$0.394572
-8.61%$0.181186
-1.50%$0.157141
1.17%$0.068847
-5.06%$0.00005729
-2.08%$0.74654
-1.16%$0.738811
-0.51%$0.03082444
0.10%$0.00572318
-3.51%$0.256491
-8.09%$0.00354761
-1.59%$3.74
-10.59%$0.999849
-0.04%$0.474144
-1.05%$0.138742
-0.89%$1,590.86
-4.14%$0.00450984
-6.75%$108.56
-2.30%$0.296277
-1.97%$2.44
-3.40%$3,229.69
0.07%$0.00000133
-6.18%$83,541.00
-2.23%$83,840.00
-1.76%$1.057
-3.97%$0.255286
1.20%$2.74
-0.87%$0.206125
-1.25%$0.560871
-1.49%$3.88
31.74%$1,553.95
-4.13%$20.26
-1.60%$0.999948
0.03%$1,576.69
-3.82%$0.00269849
-10.22%$0.417402
-2.27%$21.50
-2.53%$0.02777547
-0.90%$0.518056
-4.19%$0.233627
-11.55%$0.465027
-1.68%$0.167286
-1.90%$1,661.51
-4.14%$0.03315422
2.96%$0.232432
-8.55%$1,678.54
-2.17%$18.85
-5.16%$0.089478
14.83%$0.999968
0.13%$0.467835
15.33%$0.095998
-1.12%$0.01105234
0.52%$0.638508
-1.67%$1.14
0.28%$1,725.70
-3.98%$12.92
-2.14%$0.999797
0.00%$83,185.00
-2.14%$0.00033638
-9.27%$2.65
-1.17%$0.090214
-10.87%Reading
MicroStrategy’s thirst for Bitcoin cannot be quenched, despite holding over $31 billion worth.
Barely two days after announcing a plan to sell $1.75 billion worth of convertible notes as a means to buy up more of the world’s top cryptocurrency, the firm said on Wednesday that it has expanded that offering to $2.6 billion worth of notes.
Michael Saylor, MicroStrategy’s co-founder and executive chairman, said the move was made due to “high demand” for the new notes over the last 48 hours.
Given high demand, we upsized our $MSTR offering of 0% convertible bonds due 2029 from $1.75 billion to $2.6 billion, including a $400 million greenshoe option, and priced it at a 55% conversion premium.
— Michael Saylor⚡️ (@saylor) November 20, 2024
As with those initially offered on Monday, the additional zero-interest senior notes announced today will mature in 2029 and are available only to qualified institutional buyers. They will be eventually redeemable for cash, MicroStrategy stock, or a mix of both.
That’s a mighty tempting offer for many Wall Street investors, given the recent, explosive growth of MicroStrategy’s stock. The company, which owns over 331,000 BTC—1.58% of the token’s total possible supply—has seen its stock balloon by over 870% in the last year, in the wake of Bitcoin’s surge. Earlier this month, the stock reached an all-time high.
MicroStrategy, fronted by outspoken Bitcoin bull and Executive Chairman Michael Saylor, added to its sizable Bitcoin holdings Monday, purchasing 21,550 BTC—or $2.1 billion worth. The purchase is the latest in a string of Bitcoin purchases dating back to 2020 when MicroStrategy and Saylor made the strategic decision to allocate capital to the leading cryptocurrency to “maximize long-term value for shareholders.” Since then, the business intelligence firm has reshaped itself into a Bitcoin deve...
If MicroStrategy manages to raise another $2.6 billion to buy up more Bitcoin, it would be able to purchase some 27,450 BTC at current prices.
While MicroStrategy once billed itself as a business intelligence and software company, the company’s bold Bitcoin wager has upended not just its value to shareholders, but also the way it now sees itself: as the “world’s first and largest Bitcoin treasury company.”
Edited by Andrew Hayward
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
