Market Cap: $2,161,517,182,928
24h Vol: $60,124,276,359
Cryptocurrencies: 29444
Markets: 111530
Cryptocurrencies: 29444
Markets: 111530
Market Cap: $2,161,517,182,928     
24h Vol: $60,124,276,359
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

  • Dash Coin Explained: A Cryptocurrency with a Major Potential

  • How To Buy NFTs? Step by Step Guide for Beginners

  • Litecoin: What is Litecoin? EXPLAINED!

  • What is a Shiba Inu Coin & How Does it Work? Simply Explained!

Our Partners

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