BREAKING
378d 3h ago

MicroStrategy Files SEC Form S-3 to Raise Funds for Bitcoin Acquisition

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On January 27th, COINOTAG News reported that MicroStrategy has officially filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing indicates MicroStrategy’s intention to raise funds through a mixed securities registration. The company plans to utilize the potential proceeds primarily for the acquisition of additional Bitcoin, aligning with its strategic approach to enhance its cryptocurrency holdings. Additionally, the funds may serve various corporate purposes, reinforcing MicroStrategy’s commitment to integrating digital assets into its financial framework. As a leading business intelligence firm, its actions are closely watched within the crypto community, reflecting broader trends in corporate investment in cryptocurrencies. MicroStrategy’s proactive stance in acquiring Bitcoin continues to set a precedent for companies considering digital asset investments amid evolving market dynamics.

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