Author: Zoe Mende

MicroStrategy plans to raise $700M through a new bond sale. Part of the funds will increase Bitcoin reserves, with recent purchases totaling 18,300 BTC. The company now holds over 245,000 BTC, valued at over $14 billion. MicroStrategy’s Financial Strategy: Bonds for Bitcoin MicroStrategy has announced plans to raise approximately $700 million through the sale of additional convertible senior notes. These notes, set to...

Record Outflows: Bitcoin saw the largest net outflow from exchanges since May, with $750 million withdrawn in a single day. Market Sentiment: This movement suggests a bullish trend, potentially leading to a price rally as investors move their Bitcoin to personal wallets, often seen as a sign of long-term holding or anticipation of price increases. Bitcoin’s Exodus from Exchanges: What It Means for Investors A New Era of...