Microstrategy to Raise $1.75 Billion for More Bitcoin Purchases
Submitted by Anonymous (not verified) on Tue, 11/19/2024 - 00:50

Bitcoin (BTC) price has stalled in its uptrend after being trapped at the high of $92,000.
MicroStrategy announces a $1.75 billion note to expand Bitcoin holdings, enhancing their Bitcoin expansion plan as a major treasury asset.
It’s unclear whether the U.S. government has the authority to use seized bitcoin to constitute a strategic reserve.
Options trading on spot bitcoin exchange-traded funds could become available as soon as Tuesday, according to Nasdaq.

BlackRocks Bitcoin ETF options will start trading tomorrow with significant market implications after regulatory approvals.
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