Michael Saylor to Present Bitcoin Investment Proposal to Microsoft Board Amid Shareholder Vote

November 20, 2024 Bitcoin.com

bitcoin.com

Microstrategy Chairman Michael Saylor has agreed to deliver a three-minute presentation to Microsoft’s board of directors regarding the potential benefits of investing in bitcoin. During a recent X Spaces event hosted by Vaneck, Saylor revealed that he was approached by the National Center for Public Policy Research (NCPPR), which has been promoting the proposal. Saylor […]

MicroStrategy completes billion convertible notes offering to buy more Bitcoin

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Bitcoin to $100K: What will milestone mean for derivatives markets?

November 19, 2024 Coin Telegraph

Bitcoin to 0K: What will milestone mean for derivatives markets?

Adoption

Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets?

Bitcoin’s (BTC) potential climb to the $100,000 price level has captivated investors for years. While retail participants often celebrate such psychological milestones, the key impact should come from institutional adoption and advancements in the Bitcoin derivatives markets.

Bitcoin futures aggregate open interest, BTC. Source: CoinGlass

Futures open interest on Bitcoin presently totals 626,520 BTC ($58 billion), a 15% increase in two months, signaling growing interest in derivatives. If Bitcoin reaches $100,000, this open interest would hit $62.5 billion, representing 3.1% of its $2 trillion market cap. This contrasts with the S&P 500, where $817 billion in futures open interest equals only 1.9% of its $43 trillion market cap.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Bitcoin price peels back from its weekly high, but BTC derivatives markets look good

November 2, 2024 Coin Telegraph

Coin Telegraph

Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.

Bitcoin’s (BTC) price momentum has cooled since the Oct. 29 rally toward the all-time high, but the derivatives market continues to project traders’ optimism in a price recovery.

The analysis of Bitcoin futures and options markets suggests that traders are maintaining positions without excessive leverage, which is crucial for a sustainable push toward new all-time highs. However, understanding the trigger for Bitcoin's price drop to below $69,000 on Nov. 1 remains essential.

Bitcoin 1-month options delta skew, put-call. Source: Laevitas.ch

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Experts: Microsoft’s Bitcoin Consideration Reflects Growing Corporate Acceptance

October 30, 2024 Bitcoin.com

bill gates

Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Blackrock to Vote on Microsoft’s Bitcoin Move — BTC Treasury Strategy in Focus

October 29, 2024 Bitcoin.com

Bitcoin

Blackrock’s significant stake in Microsoft could sway the tech giant’s potential decision on adding bitcoin to its corporate reserves, signaling a shift in mainstream crypto adoption. Blackrock’s Stake Fuels Speculation Over Microsoft’s Bitcoin Future Speculation emerged last week around Microsoft’s upcoming Dec. 10 shareholder meeting, following a U.S. Securities and Exchange Commission (SEC) filing that […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Microsoft Schedules December Shareholder Vote on Possibility of Investing in Bitcoin, Board Recommends Against It

October 26, 2024 The Daily Hodl

Bitcoin

Tech giant Microsoft is scheduling a shareholder vote in December on the prospect of investing in Bitcoin (BTC) despite recommendations against it. In a new filing with the U.S. Securities and Exchange Commission (SEC), Microsoft’s board of directors recommends voting against considering the idea of investing in the top crypto asset by market cap. In […]

The post Microsoft Schedules December Shareholder Vote on Possibility of Investing in Bitcoin, Board Recommends Against It appeared first on The Daily Hodl.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

What happens to Bitcoin price if Microsoft shareholders vote to buy BTC?

October 25, 2024 Coin Telegraph

Coin Telegraph

Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC.

On Oct. 24, a filing by Microsoft Corp. (MSFT) with the United States Securities and Exchange Commission (SEC) revealed an unexpected item on the agenda for its upcoming annual shareholder meeting on Dec. 10.

Alongside routine votes—such as the election of directors, the ratification of its independent auditor, and reports on AI misinformation—one proposal stood out: an "Assessment of Investment in Bitcoin." Interestingly, Microsoft's board recommended shareholders vote against it.

As of its second-quarter 2024 financial report, Microsoft held $76 billion in cash and equivalents. If shareholders pushed the company to allocate even 10% of that to Bitcoin, it would represent a massive $7.6 billion investment.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Microsoft’s Surprising Stance on Bitcoin as a Treasury Asset – Why They’re Saying No

October 25, 2024 Bitcoin.com

Bitcoin

Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7

October 13, 2024 Bitcoin.com

Amazon

Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Kenya Launches Digital and AI Skills Center

October 13, 2024 Bitcoin.com

Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with Kenya’s National Digital Master Plan and focuses on topics […]

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