11/20/2024
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MicroStrategy Raises Bond Offering to $2.6 Billion
MicroStrategy increased its offering of zero-coupon convertible senior notes due 2029 from $1.75 billion to $2.6 billion. According to a statement on the company’s official website, some of the proceeds from the offering will be used for Bitcoin purchases. The bond sale is expected to be completed on November 21, 2024, and this step once again demonstrates the company’s commitment to its Bitcoin strategy.
by Darkex Reseach – 1 min read
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BlackRock: Interest Rate Cuts Will Fuel Bitcoin and Gold
In its report on economic expectations for 2025, BlackRock stated that interest rate cuts will have a positive impact on assets such as Bitcoin and gold. The report also drew attention to sectors such as artificial intelligence and biotechnology, emphasizing that Bitcoin and gold will become more attractive in a low-interest rate environment. BlackRock’s analysis supports the future potential of crypto and precious metals.
by Darkex Reseach – 1 min read
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MicroStrategy Among the Top 100 US Public Companies
MicroStrategy has risen to 97th place in the top 100 public companies in the US in the market capitalization rankings. The company’s stock performed impressively on Tuesday, rising 12% to $430, CoinDesk reported. The rise coincided with Bitcoin’s new high of $94,000, further fueling investor interest.
by Darkex Reseach – 1 min read
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Trump Considers Appointing Teresa Goody Guillén as SEC Chair
US President-elect Donald Trump is considering appointing blockchain law expert Teresa Goody Guillén to head the US Securities and Exchange Commission (SEC). According to CoinDesk, Guillén is a veteran of SEC enforcement actions, serving as partner and co-chair of the blockchain team at Baker Hostetler LLP. Guillén’s experience in blockchain is seen as the beginning of a new era for the crypto industry.
by Darkex Reseach – 1 min read
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Bitcoin ETF Options Start Trading on Nasdaq
Options on BlackRock’s iShares Bitcoin Trust ETF (IBIT) began trading on Nasdaq yesterday. According to a statement from Nasdaq, options traded 73,000 contracts in the first 60 minutes. This performance placed IBIT in the top 20 of the most active non-index options. This intense interest in options trading once again demonstrated the growing investor demand for Bitcoin ETFs.
by Darkex Reseach – 1 min read
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IBIT Options Hit $1.9 Billion Trading Volume on First Day
Options trading on BlackRock’s iShares Bitcoin Trust ETF (IBIT) attracted a lot of interest on its first trading day. According to The Block, IBIT options traded around $1.9 billion of notional risk with a total of 354,000 contracts. The Bitcoin price also broke a historic record, surpassing $93,900 after this effect. As the first spot Bitcoin ETF to be approved for options trading, IBIT was a big hit among investors.
by Darkex Reseach – 1 min read