China Has BANNED All Cryptocurrency Transactions

China’s central bank has declared all cryptocurrency activities and transactions illegal in the country and it vows to crack down even harder on the market. As a result, cryptocurrencies across the board have plummeted in value. At the time of…

MicroStrategy Raises the Stakes on Bitcoin Bonds to $500 Million

$400 million wasn’t enough. MicroStrategy increased the amount of a junk-bond issue on Tuesday in order to finance the acquisition of additional Bitcoin, offering $500 million of notes that were the first of their type in the high-yield market, an…

MicroStrategy Announces a $400 Million Additional Bitcoin Purchase

MicroStrategy will issue $400 million in senior notes to purchase additional bitcoin, which will be held by its subsidiary MacroStrategy. MicroStrategy, a software intelligence corporation, has stated that it would issue $400 million in senior secured notes to acquire additional…