Riot Platforms, a Bitcoin miner, has stated that it would be raising $500 million to speed up its Bitcoin acquisition strategy. Convertible senior notes maturing in 2030 worth $500 million were proposed for private sale to eligible institutional investors by the company on Monday. Specifically, the aforementioned digital asset is
For the sixth week running, starting in early November, MicroStrategy has increased its Bitcoin purchases. The software firm raised its total Bitcoin holdings to 423,650 after announcing the acquisition of 21,550 BTC for $2.1 billion. Having achieved a BTC yield of 43.2% QTD and 68.7% YTD, MicroStrategy said in a
Under pressure from the International Monetary Fund (IMF), El Salvador, the world’s first government to adopt Bitcoin as legal cash, is allegedly reducing its BTC aspirations. According to the Financial Times, which cited sources familiar with the situation, El Salvador is reportedly planning to amend its Bitcoin policy in exchange
The Bitcoin MENA (Middle East and North Africa) conference in Abu Dhabi. Has recently got attention for its cutting-edge discussions on cryptocurrency especially Bitcoin and for the influential personalities. From prominent crypto figures like Binance’s CZ to Elon Musk were expected to attend and key members of Donald Trump’s inner
Cryptocurrency investment products saw a record surge in inflows, with $3.85 billion invested during the week of December 2–6, 2024, according to CoinShares. This new milestone surpasses the previous record of $3.12 billion set in November when BTC was priced at $98,000. The inflows coincided with Bitcoin’s historic rise above
The crypto market’s adoption into the mainstream took an interesting turn in the past day. According to reports, the leading shopping platform, Amazon, expressed interest in Bitcoin. The firm’s shareholders have recommended that they examine the cryptocurrency as a potential inclusion in the treasury. Meanwhile, market prices have remained bullish
As Bitcoin hit $100,000 for the first time on December 5th, Salvadoran President Nayib Bukele took to social media to promote the country’s unrealized gains from its investments in the cryptocurrency. Moreover, as the cryptocurrency hit $100,000 for the first time ever on December 5th, the crypto community celebrated. Autism
The crypto market is about to embark on a pivotal week, as all eyes are on the US CPI inflation statistics. This week also brings the US Producer Price Index (PPI) statistics, another important inflation gauge that the US Federal Reserve uses to determine whether or not to decrease interest
All eyes are on Bitcoin (BTC) as it celebrates the $100k landmark. Needless to say, euphoria is dominating the stage as the sentiment is at an all-time high. However, what happens next could go down as one of the biggest gold rushes in the history of crypto. Once Bitcoin starts
Bitcoin (BTC) reclaimed the $100,000 milestone, rising 0.51% over the last 24 hours to reach $100,208.88. This price rally has driven Bitcoin’s market capitalization to $1.98 trillion, which accounts for 53.8% of the global crypto market cap. The crypto market as a whole grew by 0.40% in the same period,
