Michael Saylor's Plan to Increase Bitcoin Holdings Through New Stock Offering
The largest corporate bitcoin holder aims to raise approximately $500 million by issuing Perpetual Preferred Stock.
The largest corporate bitcoin holder aims to raise approximately $500 million by issuing Perpetual Preferred Stock.
Sky's plan allocates $1 billion for tokenized real-world asset products through partnerships with BlackRock, Superstate, and Centrifuge.
The CoinDesk 20 Index saw a drop of 3.3%, with no assets showing gains.
Market observers are noting increased trading fluctuations on Tuesdays, impacted by broader economic factors.
Xapo Bank has introduced a new lending service, allowing long-term Bitcoin holders to borrow against their assets without selling.
Bernstein has begun coverage of Coinbase, setting a price target of $310 and an outperform rating based on favorable regulatory conditions.
The Web3 game Heroes of Mavia has seen a significant price increase, raising questions about the sustainability of its growth in the GameFi market.
Bitcoin is experiencing a significant decline, but Michael Saylor remains optimistic about its recovery and recent institutional investments.
Level's protocol has successfully raised $6 million to further its yield-generating stablecoin, lvlUSD, exhibiting significant growth since its initial beta launch.
The Cronos ecosystem votes to increase the CRO token supply significantly after a controversial governance flip led by major token holders.
A promising double bottom pattern emerges on MicroStrategy's price chart, suggesting a potential bullish shift in the market.
Tether boosts its investment in Bitdeer, a bitcoin mining company, to 21%, enhancing its portfolio after significant profits.
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