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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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Five Key Indicators Suggest Bitcoin is Poised to Break All-Time Highs
Five Key Indicators Suggest Bitcoin is Poised to Break All-Time HighsBitcoin is on track to reach new all-time highs by 2025, fueled by a confluence of positive technical and on-chain indicators, optimistic sentiment surrounding the upcoming U.S
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Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?
Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?In the tempting world of cryptocurrency, leverage trading is a double-edged sword, attracting countless fortune dreamers but also hiding unpredictable risks. For most people, leverage trading is not a shortcut to financial freedom, but a trap leading to the abyss
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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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The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key
The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key2024 is already halfway through, and for the crypto market, it has undoubtedly been a good year. From the debut of the first Bitcoin ETF launched in January to the long-awaited fourth Bitcoin halving in April, and the newly approved Ethereum ETFs soon to begin trading, the crypto market is experiencing a surge
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Is the Dollar's Dominance at Risk? Gold and Bitcoin Shine Bright
Is the Dollar's Dominance at Risk? Gold and Bitcoin Shine BrightThe decline of the dollar has been a focal point in the market, especially after the recent BRICS summit in Kazan. However, GTC Zehui Capital argues that talk of the dollar's imminent demise is exaggerated, as its share in global payments has just reached its highest level in 12 years
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Bitcoin Investment: A Get-Rich-Quick Myth or a Risk Trap?
Bitcoin Investment: A Get-Rich-Quick Myth or a Risk Trap?Bitcoin investment has become a controversial topic in today's financial world. Some claim that they have become wealthy overnight and achieved financial freedom through Bitcoin investment, while others have lost everything in this investment wave and fallen into deep trouble
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Bitcoin Breaks Through $73,000 Mark Amidst Rising Market Sentiment Ahead of US Election
Bitcoin Breaks Through $73,000 Mark Amidst Rising Market Sentiment Ahead of US ElectionBitcoin surged to a new high on Tuesday, breaking through the $73,000 mark, as it exhibited a strong upward trend fueled by growing market optimism in the run-up to the US election. According to CoinMetrics, Bitcoin's price increased by 3
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Bitcoin Breaks $70,000, Ethereum Hits $2,600 - Where is the Crypto Market Headed?
Bitcoin Breaks $70,000, Ethereum Hits $2,600 - Where is the Crypto Market Headed?The cryptocurrency world is constantly evolving and surprising us with its dynamism. Recently, Bitcoin has once again broken its own historical record, surpassing the $70,000 mark! At the same time, Ethereum's price has also surged, reaching $2,600
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Trump Trade Is Back: Bitcoin Surges Past $71,000, Trump-Related Stocks Soar 310%
Trump Trade Is Back: Bitcoin Surges Past $71,000, Trump-Related Stocks Soar 310%With just one week left before the US election, despite polls showing a tight race between Trump and Harris, major betting websites' odds favor Trump's eventual victory. The market has reacted strongly, and the Trump Trade is back with a bang: Bitcoin has broken through $71,000 per coin, other cryptocurrencies like Dogecoin and Ethereum have also surged, and Trump-related stocks have seen a significant surge
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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%