In a groundbreaking moment for cryptocurrency adoption, former President Donald Trump made headlines during a recent visit to PubKey, a cryptocurrency-themed bar in Manhattan. This event marked a significant milestone, as Trump became the first US president, past or present, to publicly use Bitcoin for a purchase. The transaction involved buying burgers ahead of a […]
Digital Asset Funds Attract $321 Million in Inflows: A Clear Signal of Market Resilience
The digital asset market continues to present a compelling opportunity for investors, with recent data showcasing a notable influx of capital into cryptocurrency-focused funds. Last week, digital asset funds recorded $321 million in inflows, marking the second consecutive week of positive investment momentum. This uptick, though slightly down from the prior week’s impressive $436 million, […]
Michael Saylor’s Firm Doubles Shares While Holding $15.8 Billion in Bitcoin
In a significant move reflecting confidence in the cryptocurrency market, MicroStrategy Inc., co-founded by Michael Saylor, has successfully raised $1.01 billion through the sale of convertible senior notes. This strategic maneuver highlights the firm’s commitment to expanding its Bitcoin holdings, allocating a substantial $458 million from this recent capital influx for additional Bitcoin purchases. As […]
MicroStrategy Increases Note Offering to Fuel Bitcoin Investments
In a strategic move that underscores its long-term commitment to Bitcoin, MicroStrategy has announced an upward revision of its convertible note offering, raising the total to an impressive $875 million. This decision highlights the company’s ongoing strategy to bolster its cryptocurrency holdings and manage its financial obligations effectively. The funds raised through these notes will […]