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MicroStrategy Unveils "21/21 Plan," Aiming to Raise $42 Billion for Bitcoin Investments Over Three Years
MicroStrategy Unveils "21/21 Plan," Aiming to Raise $42 Billion for Bitcoin Investments Over Three YearsOn October 30th, MicroStrategy, the largest corporate holder of Bitcoin, announced a strategic plan called "21/21," aiming to raise $42 billion over the next three years, including $21 billion in equity and $21 billion in debt financing.Phong Le, MicroStrategy's President and CEO, stated: "As a Bitcoin treasury company, we plan to utilize these additional funds to acquire more Bitcoin as our financial reserve asset, allowing us to achieve higher Bitcoin returns
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MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three Years
MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three YearsMicroStrategy, a publicly traded company, announced a bold plan on Wednesday, revealing its third-quarter earnings and outlining its intention to raise $42 billion to purchase more Bitcoin over the next three years. Dubbed the "21/21 Plan," MicroStrategy aims to achieve this goal through $21 billion in equity financing and $21 billion in debt issuance
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Bitcoin Futures Close Slightly Higher in New York on Wednesday, Ethereum Futures Rise Over 1%
Bitcoin Futures Close Slightly Higher in New York on Wednesday, Ethereum Futures Rise Over 1%On Wednesday (October 30) at the close of New York trading, the CME Bitcoin futures BTC front-month contract settled at $73,665.00, up 0
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Bitcoin Futures Jump Over 3%, Nearing All-Time High
Bitcoin Futures Jump Over 3%, Nearing All-Time HighCME Bitcoin futures BTC front-month contract closed at $73,100.00 on Tuesday (October 29th) in New York, up 3
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Bitcoin Futures Surge Over 3%, Nearing All-Time High
Bitcoin Futures Surge Over 3%, Nearing All-Time HighCME Bitcoin futures (BTC) closed at $73,100.00 in New York on Tuesday, up 3
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A50 Futures Surge Overnight, Bitcoin Breaks $71,000, US Stocks and Chinese ADRs Rise
A50 Futures Surge Overnight, Bitcoin Breaks $71,000, US Stocks and Chinese ADRs RiseThe A50 index futures surged overnight, opening with a straight climb and rising more than 1.5%
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Trump's Win Probability Surges, Bitcoin Rebounds Strongly, Up Over 3% on the Day
Trump's Win Probability Surges, Bitcoin Rebounds Strongly, Up Over 3% on the DayBitcoin prices surged past $71,200, gaining over 3% on the day. Market sentiment is being influenced by the upcoming US election, with Donald Trump leading in most swing states, raising market expectations of a Trump victory and bringing back the "Trump trade"
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Bitcoin Futures Jump Over 4% on Monday, Breaking Through the $70,000 Mark
Bitcoin Futures Jump Over 4% on Monday, Breaking Through the $70,000 MarkOn Monday (October 28th), at the close of trading in New York, the Chicago Mercantile Exchange (CME) Bitcoin futures BTC lead contract was priced at $70,300.00, representing a 4
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Bitcoin Price Sees Moderate Pullback, Litecoin Surges Over 110% in a Week
Bitcoin Price Sees Moderate Pullback, Litecoin Surges Over 110% in a WeekFX168 Financial News (Hong Kong) reported that Bitcoin prices traded moderately in Asia on Thursday (May 11), pulling back slightly from yesterday's highs. Quotes released by OKCoin showed Bitcoin/CNY briefly surged to 10449 yesterday, while trading moderately at 9990 during the Asian session today
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Bitcoin Futures Surge Over 8% This Week, Ethereum Futures Also See Gains
Bitcoin Futures Surge Over 8% This Week, Ethereum Futures Also See GainsOn Friday (October 18), at the close of trading in New York, the CME Bitcoin futures main contract (BTC) settled at $68,605.00, up 2
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Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key Catalyst
Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key CatalystDespite gold and the S&P 500 recently hitting all-time highs, Bitcoin has yet to keep pace, remaining below its historical peak. However, an overlooked catalyst in the marketthe ongoing yen depreciation trendmay be signaling a breakout for Bitcoin
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Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%
Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%At the close of trading in New York on Monday, the CME Bitcoin Futures BTC front-month contract settled at $66,180.00, up 4