- Midas Crypto
- Posts
- 🌙 MicroStrategy Pumps Up $700M Offering
🌙 MicroStrategy Pumps Up $700M Offering
Bitcoin's largest corporate holder is getting its hands on more cash via a convertible note offering.
Mike Gavela
June 14, 2024
Crypto Roundup - June 14
MicroStrategy is boosting its convertible debt offering by $700 million, aiming to fund additional Bitcoin purchases and general corporate needs. Meanwhile, Nigeria has dropped tax charges against Binance executives, following months of tension involving allegations of tax evasion and illegal transactions. Lastly, early buyers of Andrew Tate's "Daddy" meme coin are reportedly sitting on $45 million in unrealized value, reflecting the speculative nature of such investments.
Top Stories:
MicroStrategy increases $700M offering to fund more Bitcoin acquisitions.
Nigeria drops tax charges against Binance executives after months of legal battles.
Early buyers of "Daddy" meme coin hold $45M in unrealized value, highlighting speculative risks.
TOP STORIES
FUNDRAISES
I am excited to announce that Nuffle Labs is now live!
And today, we announce our $13MM financing led by @ElectricCapital to build next-generation modular infrastructure for all layers ⚡
A little bit about our story 🧵
— altan tutar (@mraltantutar)
1:08 PM • Jun 13, 2024
OTHER HEADLINES
CRYPTO TWITTER (X)
President Bukele hits ground running in new term with new legislation establishing a #BITCOIN BANK in 🇸🇻
- Borrowers can collateralize their pristine, no counter party risk #Bitcoin
Billions of #Bitcoin will flood into El Salvador upping GDP
🇸🇻 credit rating hits IG within 24… x.com/i/web/status/1…
— Max Keiser (@maxkeiser)
9:26 PM • Jun 14, 2024
Past several years crypto twitter felt like the heart of the industry.
For better or worse, this bird app represented the deals, the sentiment, the narratives, the people.
It was chaotic af but still positive for the industry.
For the first time since I got into crypto it… x.com/i/web/status/1…
— Yano 🟪 (@JasonYanowitz)
7:55 PM • Jun 14, 2024
JUST IN: $779 billion Bernstein says #Bitcoin will likely hit $1 million.
Predicts $200,000 price by 2025 🚀
— Bitcoin Magazine (@BitcoinMagazine)
8:58 AM • Jun 14, 2024
SHARE!
Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 85,000 investors and crypto degenerates who read Midas Crypto daily!