Market Cap: $2,416,081,195,343
24h Vol: $133,647,914,883
Cryptocurrencies: 28604
Markets: 116132
Cryptocurrencies: 28604
Markets: 116132
Market Cap: $2,416,081,195,343     
24h Vol: $133,647,914,883
Seeking Alpha 2021-02-16 12:26:30

Bitcoin pushes through $50K as Michael Saylor's Microstrategy buys more

Bitcoin pushes through $50K as Michael Saylor's Microstrategy buys more
MicroStrategy (MSTR) to privately offer $600M of convertible senior unsecured notes due February 15, 2027, with net proceeds used to purchase more Bitcoin (BTC-USD).Initial purchasers will be granted an option to purchase up to an additional $90M of the notes. The news looks to have caused a big move higher in Bitcoin, taking the price as high as $50.3K. That time above $50K didn't last too long, with Bitcoin now having moved back to $49.5K.Microstrategy is up 5% premarket.Previously: Bitcoin takes aim at $50K as more banks look to participate (Feb. 14)
esptco-banner img
Latest News

Videos

  • Hardware vs Software Wallets: Which One is Better for You?

  • What are Blockchain Forks? Hard Fork Vs Soft Fork!

  • Bitcoin Halving Explained: Why It Is So Important?

  • Future Of Cryptocurrency: What Are Your thoughts On Future of Cryptocurrency? Explained By Cryptela

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire