BREAKING
447d 13h ago

MicroStrategy’s $1.75 Billion Move to Boost Bitcoin Holdings with Convertible Notes

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

According to COINOTAG News, on November 19, MicroStrategy announced its intent to conduct a private offering of $1.75 billion in 0% convertible senior notes maturing in 2029. These financial instruments, which are unsecured and carry no interest, provide the option for conversion into cash or equity. The capital raised will be strategically allocated for the acquisition of Bitcoin and other corporate purposes. This move underscores MicroStrategy’s continued commitment to integrating cryptocurrency into its balance sheet, reflecting a broader trend among institutional investors seeking exposure to digital assets.

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