Michael Saylor, chairman of MicroStrategy, recently spoke at the Bitcoin 2024 conference, highlighting the company’s significant strides in the cryptocurrency Market. Now rebranded as Strategy, the firm has raised $20 billion of its ambitious $42 billion capital plan and continues to aggressively buy Bitcoin, amassing 471,107 BTC, roughly 2% of the total supply. The company ...
Riot Platforms (NASDAQ: RIOT) saw its stock price drop by 14% on the first trading day of the week, largely due to a decline in Bitcoin (CRYPTO: BTC) prices and the announcement of a new $500 million capital-raising plan. This plan involves issuing convertible senior notes, which Riot intends to use for acquiring more Bitcoin ...
L2 Point Management has successfully closed its inaugural fund, raising nearly $460 million in capital. Managing Partner, Founder, and CIO Kerstin Dittmar discussed the growth capital structure and the firm’s entry into private equity during an interview with Sonali Basak on "Bloomberg Markets."
