Tag: Purchase

Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase

Marathon Digital plans to raise $250M via convertible senior notes for Bitcoin buying. The funds will also support corporate initiatives, including debt repayment and expansions. The company holds over 20,800 BTC, worth $1.2B, more than double its nearest competitor. Marathon Digital, a leading Bitcoin mining company, has announced plans to raise $250 million through a […]

Metaplanet loads more bitcoins with 42,466 BTC purchase

Metaplanet, a Japanese firm, increases Bitcoin holdings with $2.5M purchase. Metaplanet now holds 203,734 BTC, acquired at $62,000 per Bitcoin on average. This latest acquisition brings Metaplanet’s total Bitcoin holdings to an impressive 203,734 BTC. In a bold move amidst fluctuating cryptocurrency markets, Metaplanet, a publicly-listed investment and consulting firm based in Japan, has purchased […]

MicroStrategy boosts Bitcoin holdings with $615M purchase, eyes 1% of supply

MicroStrategy acquires 14,620 BTC for $615.7M, pushing total holdings to 189,150 BTC at $5.9B. CEO Michael Saylor remains bullish on Bitcoin, considering it the world’s most valuable asset class. The company’s proactive crypto strategy aligns with growing institutional interest, eyes 1% of Bitcoin supply. MicroStrategy (NASDAQ: MSTR), the business intelligence giant led by CEO Michael […]

MicroStrategy’s latest BTC purchase sets Bitcoin price in motion

Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has made waves in the cryptocurrency market, causing a notable shift […]

Doge and Shib prices soar ahead of Musk’s Twitter purchase

In April, Elon Musk suggested that dogecoin could be used to make payments on Twitter. Photo: Muhammed Selim Korkutata/Anadolu Agency Dogecoin (DOGE-USD) and shiba inu (SHIB-USD) soared ahead of the news that Elon Musk may finalise his purchase of Twitter (TWTR) on Friday, which is the deadline for the completion of the $44bn (£37.9bn) acquisition […]