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MicroStrategy to Raise $1.75 Billion to Expand Bitcoin Holdings

The post MicroStrategy to Raise $1.75 Billion to Expand Bitcoin Holdings appeared first on Coinpedia Fintech News Following a significant $4.6 billion Bitcoin (BTC) purchase, MicroStrategy’s (MSTR) founder and chairman, Michael Saylor, announced that the firm plans to acquire more Bitcoin by offering convertible notes. According to a recent post on X (formerly Twitter), MSTR revealed plans to raise $1.75 billion through the issuance of convertible senior notes, primarily to acquire additional … CoinOtag

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Bitcoin Miners’ Profit-Taking Suggests Potential Consolidation Phase Before Returning to $100,000 Milestone

Bitcoin miners’ recent profit-taking hints at a cooling-off period, but the $100K milestone remains a tangible target for the cryptocurrency. Bitcoin held steady above $90,000 despite increased miner selling and CoinOtag