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MicroStrategy acquires another 7,420 bitcoin for $458 million, taking holdings to 252,220 BTC
MicroStrategy acquires another 7,420 bitcoin for $458 million, taking holdings to 252,220 BTC

MicroStrategy has purchased another 7,420 BTC for approximately $458.2 million at an average price of $61,750 per bitcoin.The latest acquisitions come amid MicroStrategy’s completion of a $1.01 billion upsized convertible notes offering.

The Block·2024/09/20 13:49
Is a Bull Market Imminent? Analyst Predicts Bitcoin Rally in “15-20 Days”
Is a Bull Market Imminent? Analyst Predicts Bitcoin Rally in “15-20 Days”

While some see the Fed Rate cut as a Bullish sign for Bitcoin, skeptics caution a looming recession.

CryptoNews·2024/09/20 11:06
Flash
  • 12:56
    Financial Times: Justin Sun’s Blockchain Tron to Seek Listing in the United States
    According to the Financial Times, after U.S. regulators suspended their investigation, Justin Sun’s blockchain project Tron is seeking to go public in the United States. Two people familiar with the matter revealed that Tron will go public through a reverse merger with SRM Entertainment, a Nasdaq-listed company. The deal is orchestrated by Dominari Securities, a boutique investment bank based in New York that has ties to Donald Trump Jr. and Eric Trump. One source stated that the newly established joint venture will purchase and hold TRX, following a strategy similar to that of Strategy (formerly MicroStrategy). The source added that Eric Trump is expected to take a position at the company, which will be called Tron Inc. The deal will involve Tron injecting up to $210 million worth of token assets into the new company.
  • 12:56
    Truth Social Bitcoin and Ethereum ETFs Have Filed Registration Statements with the SEC
    Truth Social Bitcoin and Ethereum ETFs have submitted registration statements to the U.S. Securities and Exchange Commission (SEC).
  • 12:19
    Strategy acquired 10,100 BTC last week for approximately $1.05 billion
    Between June 9 and June 15, Strategy acquired 10,100 BTC for approximately $1.05 billion, with each Bitcoin priced at around $104,080, and has achieved a BTC return of 19.1% so far in 2025. As of June 15, 2025, Strategy holds 592,100 BTC, acquired at a total cost of about $41.84 billion, with an average price per Bitcoin of approximately $70,666.
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