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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options.

MicroStrategy’s aggressive Bitcoin (BTC) acquisition strategy has captivated investors, but is it sustainable? With plans to raise $42 billion in three years, the company is taking bold steps to finance its Bitcoin buying spree.

For retail investors, the question isn’t just whether MicroStrategy’s moves are driving Bitcoin above $100,000—it’s whether this approach is stable or setting the stage for a bubble.

MicroStrategy’s “21/21 Plan” outlines a massive capital raise, split evenly between equity sales and fixed-income securities. Recently, it raised $4.6 billion by selling 13.6 million shares, alongside a $2.6 billion convertible bond issuance. Together, these raised enough to buy 78,890 Bitcoin ($6.62 billion), underscoring the company’s commitment to its strategy.

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Bitcoin Runes loses all momentum by 2024 end

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion ServicesZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first […]

Bitcoin Runes loses all momentum by 2024 end

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Binance Converts  Billion BUSD Into Bitcoin, BNB, and EthereumOn Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]

Bitcoin Runes loses all momentum by 2024 end

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

FTX’s .5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT HoldingsTwo days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]

Bitcoin Runes loses all momentum by 2024 end

Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam

Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in LatamBitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options. Bitso Partners Addem Capital to Allow […]

Bitcoin Runes loses all momentum by 2024 end

Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin

Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into BitcoinThe Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs to Get Half of His Earnings Converted to […]

Bitcoin Runes loses all momentum by 2024 end

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

Slovenia Prepares to Impose 10% Tax on Spending and Selling CryptocurrencyThe tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration […]

Bitcoin Runes loses all momentum by 2024 end