Strategy, formerly MicroStrategy, has announced a $2 billion convertible senior notes offering. The company aims to use the proceeds to acquire more BTC and support corporate operations. The notes, due in 2030, will be available to qualified institutional buyers under Rule 144A of the Securities Act. The offering includes an
Shares of HK Asia Holdings Limited surged nearly 93% on Feb. 17 after the firm disclosed its purchase of one Bitcoin for $96,150 on Feb. 13. The Hong Kong-based investment firm used internal resources to finance the purchase, calling it a symbolic but strategic step toward digital asset integration. Despite
Metaplanet, often called Japan’s MicroStrategy, has expanded its Bitcoin portfolio. The company acquired 269.43 BTC for $26.3 million, pushing its total holdings past 2,000 BTC. This purchase led to an 8% surge in Metaplanet’s stock, which now trades above 6,500 JPY. Since the start of 2025, the stock has gained
North Carolina is the 20th U.S. state to propose Bitcoin reserve legislation. The lawmakers have introduced House Bill 92 (HB 92) to allow the state treasurer to invest up to 10% of public funds in BTC and other high-value digital assets. The bill, sponsored by House Speaker Rep. Destin Hall,
The largest asset, Bitcoin (BTC) continues to dominate the cryptocurrency market as its price movements are crucial. BTC reflects a period of consolidation following multiple drops. Bitcoin’s price is suffering to reclaim the $100K mark, facing repeated rejections that triggered sharp pullbacks. The price action of the asset has established
Utah will become the first US state to make history in terms of launching a Bitcoin reserve. The Strategic Bitcoin Reserve Bill, or HB230, has already been voted on by the House of Representatives and is waiting for final approval in the Senate before landing on the governor’s desk. HB230,
Standard Chartered projects Bitcoin could reach $500,000 by 2028. This feat will be driven by major growth and gradual adoption by institutions and ETF market potentials. Geoffrey Kendrick, the bank’s Head of Digital Asset Research, outlined the prediction in a February 5 investor’s note. He predicted Bitcoin’s potential for $200k
The global crypto market has been on rocky terms over the past few days. As another weekend approaches, community members are expecting further price consolidations. However, looking into what has occurred particularly in the last 24 hours, trading conditions don’t look very bright. Notably, Bitcoin, after its recent visit to
El Salvador continues to expand its BTC holdings despite recent policy changes. On February 4, the Central American nation added 12 Bitcoins to its reserves, increasing the total to 6,068 BTC, valued at over $554 million. The government purchased 11 Bitcoin for about $1.1 million, averaging $101,816 per BTC. Later,
Bitcoin (BTC) recently dipped to $91,242.89 and is trading at $94,297.01, marking a 5.93% decrease over the past 24 hours. The current market cap is $1.87 trillion, reflecting a 5.92% decrease. However, trading volume surged by 175.69%, reaching $96.08 billion, indicating heightened market activity despite the price drop. BTC remains
