MicroStrategy Can't Get Enough Bitcoin, Boosting Latest Raise to $700 Million
Michael Saylor's firm just boosted its latest convertible notes raise to buy up even more Bitcoin. It already holds $14.3 billion worth.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July produc...
SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan doesn't think Washington's crypto-friendly turn is the moment that completely unlocks Wall Street. In an i...
Bitcoin hits $80,000’s doorstep just as the ETF bid disappears for the weekend
Bitcoin enters the weekend within striking distance of $80,000, registering an intraday high at $79,500 on Aug. 21. The move caps...
Unresolved $11 million liquidity crash leaves pools exposed as attacker still holds 20.83 BTC on Maya Protocol
The suspected Bitcoin address at the center of Maya Protocol’s Aug. 18 exploit still held about 20.8273 BTC with no outgoing spend...
This Nasdaq-listed crypto firm is swapping fresh Ethereum buys for an AI pivot
Intchains Group is pulling back from fresh Ethereum purchases after its first-half revenue collapsed by 94% and is now focused on...
Bitcoin short-seller staged a $6 million liquidation
Yesterday, an influencer pretended to suffer a $6 million short liquidation on bitcoin (BTC) to attract followers and clout. The s...