ChainCatcher news, according to The Block, Strategy Company (formerly MicroStrategy) plans to issue $2 billion zero-interest convertible senior bonds for general corporate purposes, including the acquisition of Bitcoin. These bonds will mature on March 1, 2030, and can be settled in cash, Class A common stock, or a combination of both. The company also granted initial purchasers an option to buy an additional $300 million in bonds.Previously, Strategy issued a profit warning in its 10-K filing, primarily due to a $1.79 billion impairment loss on digital assets. The company warned that a significant decline in the market value of Bitcoin could affect its ability to repay debts and liquidity, forcing it to sell Bitcoin at unfavorable prices.In 2024, Strategy acquired approximately 258,320 BTC and currently holds 478,740 BTC, valued at over $46 billion. The company stated that it may rely on equity or debt financing to meet its financial obligations in the future, with success depending on the market value of Bitcoin.

ChainCatcher news, according to Spot On Chain monitoring, the Salvadoran government has increased its average daily Bitcoin purchases from 1 coin to about 1.6 coins.Since December 22, 2024, the government has accumulated a total of 93.417 Bitcoins at an average price of $98,579, with daily purchases fluctuating between 1 and 11 coins. Currently, El Salvador holds 6,081 Bitcoins, with a total value of approximately $579.9 million.

ChainCatcher news, according to The Block, MicroStrategy shareholders approved two amendments on Monday that allow the company to increase the number of authorized shares to help implement its plan to purchase more Bitcoin. Shareholders voted in favor of increasing the number of authorized Class A common stock and preferred stock.In addition, according to Cointelegraph, MicroStrategy shareholders approved increasing the shares from 330 million to 10.3 billion (approval rate 55.8%).

ChainCatcher news, MicroStrategy founder Michael Saylor has posted for the tenth consecutive week, hinting that the company will continue to increase its Bitcoin holdings by saying "considering adding the next green dot on the SaylorTracker website."According to the SaylorTracker website, the blue line in the tracking chart represents the price trend of Bitcoin, while the green dots mark the accumulation actions. Historical data shows that MicroStrategy typically increases its Bitcoin holdings the day after Saylor posts related information.

ChainCatcher news, Anthony Scaramucci, founder of SkyBridge Capital, stated in an interview with Bankless that the U.S. Senate will approve a large-scale Bitcoin purchasing plan because "Trump wants this plan to happen, and he has already gained the support of the Senate Banking Committee."Anthony Scaramucci revealed that the strategic Bitcoin reserve bill previously proposed by Senator Cynthia Lummis has received enough support; however, he believes that the plan to purchase 1 million BTC is unrealistic. He expects the U.S. government to retain its current holdings of about 200,000 BTC and then purchase an additional 400,000 to 500,000 BTC.

ChainCatcher news, according to Globenewswire, real estate investment company Cardone Capital, which manages $4.9 billion in assets, announced the launch of the 10X Space Coast Bitcoin Fund, which combines institutional-grade real estate with Bitcoin purchases. The fund has a size of $87.5 million.Grant Cardone, founder and CEO of Cardone Capital, stated: "After more than 11 years of research on Bitcoin, we have developed a method that combines the stability of cash flow real estate with the growth potential of Bitcoin. We will continue to target a 12%-15% internal rate of return as the basis for real estate investments, while potentially enhancing overall returns through this hybrid strategy."

ChainCatcher news, according to Bitcoin Magazine, senior Bitcoin advisor to President Bukele, Max Keiser, revealed that President Bukele has increased the daily Bitcoin purchases, with a medium-term goal of acquiring an additional 20,000 Bitcoins.

ChainCatcher news, according to Cryptoslate, documents submitted by Bitcoin mining company Riot Platforms to the U.S. Securities and Exchange Commission (SEC) show that the company has successfully completed a $525 million issuance of senior notes. These notes, which mature in 2030, have an interest rate of 0.75% and were privately issued to institutional investors.The terms of the notes stipulate that starting in 2029, investors have the right to convert them into Riot's common stock, and under specific conditions outlined in the issuance terms, investors may also convert early. The proceeds will primarily be used to advance the company's Bitcoin acquisition strategy and further expand its holdings.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated on the X platform: "Microstrategy has purchased 212,000 bitcoins in the past 12 months, exceeding the amount that the Bitcoin network is expected to produce in the next 12 months (estimated at 164,000 bitcoins).People underestimate the importance of corporate purchases of Bitcoin because they forget how scarce the supply of Bitcoin is. Corporations already hold 900,000 bitcoins, and the pace of purchases is accelerating."

ChainCatcher news, according to Point Daily, after Donald Trump won the U.S. presidential election, cryptocurrency prices soared, and South Korean video game developer Nexon made a substantial profit from its Bitcoin investments.Nexon's Japanese subsidiary purchased 1,717 Bitcoins in 2021 at an average price of $58,226 each, totaling $100 million. With the current Bitcoin price at around $89,000, the value of these Bitcoins has increased to approximately $152.81 million, achieving a gain of about 52.8%.

ChainCatcher news, according to Coindesk, MicroStrategy's next purchase of Bitcoin may push its BTC holdings above Grayscale's GBTC.According to the latest regulatory filing submitted on September 20, the company holds a total of 252,220 Bitcoins, accounting for 1.2% of the total supply, which has a cap of 21 million coins. Before the launch of the U.S. spot ETF in January, Grayscale held over 620,000 tokens in its Bitcoin Trust (GBTC) and currently holds over 254,000 tokens, divided between GBTC and its newer low-fee Bitcoin Mini Trust (BTC).However, recent financing has left MicroStrategy with over $1 billion in funds that have yet to be deployed (or at least not announced). It is speculated that these funds may be used to purchase more Bitcoin, potentially adding thousands of Bitcoins to its balance sheet, far exceeding Grayscale's holdings.

ChainCatcher news, Block, the company founded by Jack Dorsey, announced that its crypto hardware wallet Bitkey will integrate MoonPay to support Bitcoin purchases. Its users will be able to buy Bitcoin using fintech solutions such as credit cards, bank transfers, Apple Pay, Google Pay, and PayPal.

ChainCatcher news, according to Bloomberg, Argentina is one of the countries with the highest cryptocurrency adoption rates in the world. The Bitcoin purchase volume at the local cryptocurrency exchange Lemon is nearing the highest weekly value in nearly 20 months, making it the most popular exchange among retail customers in this South American country.It is reported that Argentinians are buying Bitcoin to protect themselves from the impact of 276% inflation, rather than rushing to exchange pesos for dollars.

ChainCatcher news, Wang Feng, the founder of Blueport Interactive, stated in a social media post that the company is preparing to submit an application to the Hong Kong Stock Exchange for approval to purchase Bitcoin with a cap price of up to $60,000. In addition, he mentioned that he personally increased his position by $2 million in Bitcoin yesterday and predicts that Bitcoin may break through $50,000 by the end of the year or before the Spring Festival next year, with the potential to reach $100,000 in 2024.

ChainCatcher news, Coinbase announced a partnership with Bitkey, which will allow users to buy and trade Bitcoin through Coinbase Pay in the Bitkey wallet.Bitkey is a self-custody Bitcoin wallet launched by Block, a cryptocurrency company under former Twitter CEO Jack Dorsey, aimed at promoting and facilitating the large-scale adoption of cryptocurrency technology. (Source link)

ChainCatcher news, A-share listed company Zhidu Co., Ltd. (000676) announced that it is expected to turn from profit to loss in 2022, with a loss amounting to 305 million to 395 million yuan, and plans to make a total impairment provision of 560 million yuan. Among them, Zhidu Co., Ltd. stated that its subsidiary Zhidu Investment (Hong Kong) Co., Ltd. has signs of impairment for the Bitcoin generated from purchasing cloud computing power services from Bitmain, and the expected recoverable amount is lower than its book value. Therefore, Zhidu Co., Ltd. has made an impairment provision of 63.1832 million yuan. (Source link)