Strategy (formerly MicroStrategy) has expanded its preferred stock offering to raise nearly $1 billion for additional Bitcoin acquisitions. The firm priced 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD) at $85 each, with an estimated $979.7 million in net proceeds. Initially targeting $250 million, the
Trump Media & Technology Group (TMTG), the parent company of Truth Social and majority-owned by the U.S. President Donald Trump, is making bold moves in the crypto world. The company recently announced that it has raised a whopping $2.32 billion through a mix of stock sales and convertible debt, with
Bitcoin, the world’s largest cryptocurrency, has seen a bit of a roller-coaster ride this week, slipping slightly below the $105,000 mark on June 5 before quickly rebounding. During the day, BTC dropped to an intraday low of $104,232 — a 0.71% decline from the previous day. However, it didn’t stay
A management consulting services company from Japan, Remixpoint, has given the green light to the purchase of an additional 1 billion Japanese yen or $7 million in Bitcoin, raising its total holdings to 12 billion Japanese yen or $84 million. After a board resolution on May 26, the firm announced
Bitcoin (BTC), the world’s biggest cryptocurrency has once again grabbed headlines after crossing the $108,000 zone, its highest level in nearly four months. This latest rally comes close to BTC’s all-time high of $109,114 set back on 20th January 2025, signalling a renewed market optimism. In the last 24 hours,
A major Bitcoin whale has accumulated 1,721 BTC in just 48 hours, totaling approximately $179 million. This activity includes a recent acquisition of 821 BTC worth $85.42 million. The aggressive buying comes at a time when Bitcoin continues to trade above critical support levels. Fresh Accumulation Activity Surfaces According to
Bitcoin and Ethereum dominate the crypto market, but analysts predict their growth may slow by 2025. Bitcoin’s trillion-dollar market cap leaves limited room for explosive gains, while Ethereum faces scalability hurdles despite its smart contract dominance. Meanwhile, altcoins like Dogecoin (DOGE) and Rexas Finance (RXS) are gaining traction. Dogecoin eyes
A long-dormant Bitcoin whale has resurfaced, transferring over $250 million in BTC after more than eight years. Blockchain analytics firm Arkham Intelligence detected the movement late last night. The whale initially acquired Bitcoin in late 2016 and held it in a single address for nearly a decade. At the beginning
Did you ever know that meme coins have taken the crypto world by storm, creating wealth overnight for early investors? But which project stands out? While AI Companions and Dog Bitcoin are making headlines, Arctic Pablo Coin ($APC) is emerging as the hottest contender. With a revolutionary presale model, a
Tokyo-listed Metaplanet Inc., often referred to as Japan’s MicroStrategy, has announced the issuance of its fourth series of ordinary bonds worth 4.5 billion yen (approximately $30 million). The proceeds from the bonds will be directed toward purchasing Bitcoin (BTC), continuing the company’s strategic reserve asset expansion. The bonds carry a
