MicroStrategy

The post MicroStrategy Leads Bitcoin Capital Markets appeared first on Coinpedia Fintech News In a recent research report, Bernstein revealed that MicroStrategy is pioneering BTC capital markets. Analysts wrote that MSTR is the only corporation that has developed institutional demand for Bitcoin-linked convertibles. To date, MicroStrategy has raised $4 billion of convertible debt only to buy more bitcoin. Michael Saylor’s firm currently holds 214,400 bitcoins worth about $14.5 billion. Using equity and debt has seen MicroStrategy grow its bitcoin per…

The post MicroStrategy Doubles Down on Bitcoin with $700 Million Convertible Note Offering appeared first on Coinpedia Fintech News MicroStrategy has announced a major financial move: the pricing of its $700 million offering of 2.25% convertible senior notes due 2032. This strategy aims to strengthen the company’s finances and attract institutional investors. Read on to see how this offering will impact MicroStrategy’s future and its plans for the proceeds. Details of the Convertible Senior Notes  Originally planned at $500 million,…

Bernstein brokerage firm has initiated stock coverage for MicroStrategy’s MSTR, highlighting an outperform rating.   The firm’s analysts have also demonstrated optimism in the Bitcoin price, increasing their target by 30% by the end of 2025. Bernstein Initiates MicroStrategy Stock Coverage Research and brokerage firm Bernstein has initiated stock coverage for MicroStrategy’s MSTR. The firm assigned it an outperformance rating with a price target of $2,890. The shares closed at around $1,484 on Thursday. Bernstein cited the potential for significant growth…

MicroStrategy has unveiled a strategic initiative to augment its Bitcoin (BTC) holdings. It announced an offering of $500 million in convertible senior notes due 2032. This move, targeted at qualified institutional buyers, highlights the firm’s commitment to Bitcoin as a central investment asset. MicroStrategy’s Bitcoin Portfolio is Worth Over $14 Billion These convertible senior notes offer a dual benefit, allowing holders to convert their investment into company stock under predefined conditions. Structured as unsecured and senior, these notes ensure priority…

The post MicroStrategy Announces $650M Note Redemption – Convert Now or Miss Out! appeared first on Coinpedia Fintech News MicroStrategy Incorporated has announced through a press release today that it intends to fully redeem its 0.750% Convertible Senior Notes due 2025, valued at $650 million. However, note holders have the option to convert their notes into shares of MicroStrategy’s (MSTR) Class A common stock before the scheduled redemption date. Redemption Details According to the press release, the redemption is scheduled…

Earlier today, the United States Securities and Exchange Commission (SEC) approved 19b-4 fillings for eight spot Ethereum exchange-traded funds (ETFs), paving the way for the highly anticipated institutional adoption of the second most valuable coin. The decision comes after months of uncertainty and less than six months after the regulator approved spot Bitcoin ETFs. For all that the crypto community can remember this week, the regulator uncharacteristically “scrambled” and hastily communicated to spot ETF issuers to make amends to their…

It was an eventful week for crypto, with the announcement of the new decentralized Bitcoin-based identity platform Orange Protocol from Michael Saylor’s MicroStrategy. Furthermore, the Aave V4 proposal is currently in its temperature check phase. Let’s find out more.  Bitcoin  MicroStrategy founder Michael Saylor and Cezary Raczko, EVP of Engineering, have announced the Orange Protocol, a decentralized identity platform built on the Bitcoin network. The platform will allow organizations to use and manage decentralized identity applications via the Bitcoin blockchain…

Michael Saylor introduced the Microstrategy Orange decentralized identity protocol at the company’s Bitcoin for Corporations event on Wednesday. The protocol is anchored on Bitcoin and relies on Ordinals inscriptions to store the identity data while using SegWit to separate all the other data. MicroStrategy has launched a new Bitcoin-based decentralized identity protocol that relies on Ordinals-like inscription to store the ID data on the world’s pioneer blockchain network. At the annual MicroStrategy World 2024 in Las Vegas, executive chairman and…

MicroStrategy, a US-based business intelligence and software company, has introduced a new decentralized identification protocol named Orange. This innovative protocol was unveiled at the annual MicroStrategy World event in Las Vegas on May 1. Orange stands out by employing a novel method of using inscriptions as Ordinals on the Bitcoin (BTC) blockchain to store data related to decentralized identities (DID). The protocol utilizes the Segregated Witness (SegWit) feature of Bitcoin. It also enables documents to be created and updated with…