Bitcoin dips under $100,000 as bombers hit Iran facilities

Over the weekend trading session, bitcoin slipped below the $100,000 threshold for the first time since May, sparking renewed scrutiny across digital-asset markets. As of 17:15 p.m. in New York, the leading crypto token fell as much as 3 percent…

Trump media raising 2.44 billion to build bitcoin treasury?

Trump Media recently raised funds through a combination of stock sales and convertible bonds. The company brought in $1.44 billion by offering shares at $25.72 each and secured an additional $1 billion through zero-coupon notes. These proceeds are set aside…

GameStop stock dips 10 after 500 million Bitcoin purchase

GameStop just made another bold move, this time into Bitcoin. On Wednesday, the company revealed it had purchased 4,710 Bitcoins, valued at over $500 million, signaling a major shift in its financial strategy. While the decision briefly lifted pre-market excitement,…

Bitcoin treasury will Trump Media invest 2.5 billion USD?

Trump Media and Technology Group has announced plans to allocate $2.5 billion into a Bitcoin treasury, marking a significant shift in how the company manages its assets. The move will be financed through a mix of stock offerings and debt,…

Strategy Plans $500 Million STRF Stock Offering to Buy Bitcoin

Strategy is moving forward with a new stock offering to raise funds for its ongoing operations and Bitcoin acquisitions. The company plans to issue STRF stock, a preferred share with a fixed dividend structure. Each share is valued at $100…

Is Bitcoin Facing a Shift With $333 Million Withdrawn From IBIT?

Bitcoin’s growth has influenced its market dynamics, with recent data showing a shift in institutional investor activity. On Thursday, $333 million was withdrawn from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT), marking a key development for the prominent spot Bitcoin…

MicroStrategy Buys Bitcoin with $2 Billion Fundraising Plan?

MicroStrategy is an enterprise software company based in Tysons Corner, Virginia, known for its active involvement in Bitcoin investments. Over recent years, the company has aligned its business strategy with acquiring and holding Bitcoin, making it a focal point of…

Why Is Bitcoin Kimchi Premium Rising in South Korea?

South Korea cryptocurrency market has seen significant activity recently, driven by economic shifts and political developments. The concept of the “Kimchi Premium,” a measure of Bitcoin price difference on South Korean exchanges compared to international platforms, has re-emerged as a…

How Did BlackRock Bitcoin Fund Hit $50 Billion So Quickly?

BlackRock iShares Bitcoin Trust (IBIT) was introduced in 2024, bringing a new option for investors interested in Bitcoin through exchange-traded funds (ETFs). It quickly attracted attention due to its size and the amount of capital it managed within a short…

Is 2% Bitcoin Allocation a Balanced Approach Says BlackRock

Bitcoin’s role in multi-asset portfolios has been analyzed by BlackRock, focusing on its potential benefits and risks. A suggested allocation of 1% to 2% aims to balance returns while managing volatility. The analysis compares Bitcoin’s impact to technology stocks in…