MicroStrategy’s Bitcoin Bet Grows — But Leverage Risks Loom Large

MicroStrategy has once again increased its investment in Bitcoin. Yet again, the company, led by very public Bitcoin proponent Michael Saylor, has bought more Bitcoin. In total, 3,459 more. And while the total monetary value of this latest acquisition is $285.8 million, it nonetheless brings the total Bitcoin holdings of MicroStrategy to a really ridiculous-sounding … Read more

‘Cheating Is Bad:’ Hamster Kombat Enforces Anti-Cheating Mechanism Before Airdrop

Hamster Kombat, one of the hottest clicker games on Telegram, introduced an undefined anti-cheating mechanism that penalizes users who try to game its reward system. The team highlighted the relevance of “doing everything right,” protecting members and players who have not used these techniques to gain an unfair advantage for the upcoming airdrop. Hamster Kombat … Read more

Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition

On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to … Read more

SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions

Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership provides Metaplanet access to SBI VC Trade’s tax-efficient corporate custody services and the ability to use bitcoin as collateral, supporting … Read more

Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition

Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which seeks to rebuild its industry in three years as part of … Read more