BitcoinWorld MicroStrategy’s Bold $979.7M Stock Offering Fuels Massive Bitcoin Purchase Plan Are you following the latest moves by the corporate world’s biggest Bitcoin enthusiast? MicroStrategy, the software intelligence company that has become synonymous with institutional Bitcoin investment, is making headlines again. The company, formerly known as MicroStrategy, has just finalized the pricing of a significant stock offering aimed squarely at boosting its already massive Bitcoin holdings. This move underscores their unwavering commitment to their unique Corporate Bitcoin strategy. MicroStrategy’s Latest Financial Maneuver: The STRD Stock Offering In a significant development for both the company and the broader cryptocurrency market, MicroStrategy announced the pricing of its public offering of STRD preferred stock. According to a press release on their official website, the offering is valued at a substantial $979.7 million. The shares of STRD preferred stock were priced at $85 per share. This financial maneuver is not just about raising capital; it’s strategically aligned with MicroStrategy’s core business direction – accumulating Bitcoin. The press release explicitly states that the net proceeds from this offering will be used for general corporate purposes, which notably includes the acquisition of additional Bitcoin. This continuous pursuit of Bitcoin distinguishes MicroStrategy from most other publicly traded companies. Key Details of the STRD Stock Offering: Total Offering Value: $979.7 million Price Per Share: $85 Stock Type: STRD Preferred Stock Dividend: 10% annually, non-cumulative Primary Use of Proceeds: General corporate purposes, including further Bitcoin Investment The non-cumulative nature of the dividend means that if the company doesn’t pay a dividend in a given year, that dividend obligation doesn’t carry over to future years. The 10% annual rate offers a fixed return to investors in this preferred stock, providing a different risk/reward profile compared to the company’s common stock or direct Bitcoin exposure. Why MicroStrategy Bets Big on Bitcoin? MicroStrategy, under the leadership of Michael Saylor, has pioneered the strategy of holding Bitcoin as a primary treasury reserve asset. Their rationale is rooted in the belief that Bitcoin serves as a superior store of value compared to traditional fiat currencies, which they see as susceptible to inflation and devaluation. They view Bitcoin as a long-term investment that can protect and grow shareholder value in a macroeconomic environment they perceive as uncertain. Their approach is not without its critics, given the volatility inherent in the cryptocurrency market. However, MicroStrategy has consistently doubled down on this strategy, using various methods – including debt offerings, stock sales, and convertible notes – to fund their MicroStrategy Bitcoin acquisitions. Benefits of MicroStrategy’s Strategy (from their perspective): Inflation Hedge: Positioning Bitcoin as a hedge against currency devaluation. Store of Value: Believing Bitcoin is a digital form of gold, a reliable long-term store of value. Shareholder Value: Aiming to enhance shareholder returns through potential Bitcoin price appreciation. Market Differentiation: Setting the company apart in the tech sector with a unique treasury strategy. What Does This STRD Stock Offering Mean for Bitcoin and Investors? This significant capital raise by MicroStrategy, explicitly earmarked for potential Bitcoin purchases, is generally viewed positively by the Bitcoin community. It represents continued institutional demand for the cryptocurrency, absorbing supply from the market. Given MicroStrategy’s track record as the largest corporate holder of Bitcoin, any substantial purchase could exert upward pressure on Bitcoin’s price, particularly in the short term. For investors, the offering of STRD Stock provides another way to gain exposure to MicroStrategy and indirectly to Bitcoin, albeit through a preferred stock structure with fixed dividends rather than direct equity appreciation tied solely to the company’s operational performance or Bitcoin price swings. This move also highlights the evolving landscape of corporate finance, where companies are exploring unconventional assets like Bitcoin for treasury management. While MicroStrategy remains the most prominent example, its continued large-scale acquisitions could inspire other corporations to consider similar strategies, further driving Corporate Bitcoin adoption. Challenges and Considerations While the strategy has seen periods of significant success coinciding with Bitcoin bull runs, it also exposes MicroStrategy to the cryptocurrency’s notorious volatility. Fluctuations in Bitcoin’s price directly impact the company’s balance sheet and can influence its stock price, creating a unique risk profile for MicroStrategy Stock . Furthermore, raising nearly a billion dollars through a stock offering adds to the company’s capital structure. The long-term success of this particular offering, and MicroStrategy’s overall strategy, depends heavily on the future performance of Bitcoin and the company’s ability to manage its growing balance sheet and debt obligations. Actionable Insights for the Reader For those interested in this development, here are a few points to consider: Monitor MicroStrategy’s Filings: Keep an eye on SEC filings (like Form 8-K) for official confirmation of Bitcoin purchases made with the proceeds. Observe Bitcoin Price Action: While not the sole driver, MicroStrategy’s purchases can influence short-term market dynamics. Evaluate Your Own Strategy: MicroStrategy’s approach is aggressive. Consider if direct Bitcoin investment, investing in MSTR common stock, or potentially the STRD preferred stock aligns with your own risk tolerance and investment goals. Stay Informed on Corporate Adoption: MicroStrategy’s actions are a bellwether for broader corporate interest in Bitcoin. Follow news on other companies exploring similar paths. In Conclusion: A Bold Bet Continues MicroStrategy’s decision to price a nearly billion-dollar STRD preferred stock offering to fund further Bitcoin acquisitions is a clear reaffirmation of their commitment to their unique treasury strategy. As the largest corporate holder of Bitcoin, their actions send a strong signal to the market about continued institutional interest and belief in the long-term value of the cryptocurrency. This move provides capital for more Bitcoin Investment and offers investors another structured way to participate in the MicroStrategy story. While risks associated with Bitcoin volatility remain, MicroStrategy is forging ahead, betting big on a future where digital assets play a central role in corporate finance. To learn more about the latest Bitcoin and corporate Bitcoin strategy trends, explore our articles on key developments shaping Bitcoin institutional adoption . This post MicroStrategy’s Bold $979.7M Stock Offering Fuels Massive Bitcoin Purchase Plan first appeared on BitcoinWorld and is written by Editorial Team
Tigran Gambaryan, former Binance executive, officially resigns after an eight-month detention in Nigeria, marking a significant moment in crypto regulatory challenges. His departure underscores ongoing tensions between global crypto firms
Cathie Wood’s Ark Invest made headlines on Thursday after buying over 4.48 million shares in Circle, the company behind the USDC stablecoin. The shares were bought for $373.4 million and distributed across Ark’s Innovation, Next Generation Internet, and Fintech Innovation funds. This occurred shortly after Circle was listed on the New York Stock Exchange . Circle’s First Day on the Stock Market Draws Attention On June 5, Circle began trading under the symbol CRCL on the NYSE. Its share price jumped from $31 to a high of $96, closing at $83.23. The strong start shows investors are confident in the company and its future. Before its recent successful IPO this year, it had tried to go public two times before. The first time was through a special purpose acquisition company (SPAC) in 2021. However, the company faced delays in completing the SEC qualification process, which resulted in the postponement of its public listing . The company tried again in 2024 with a confidential filing. Concerns about market conditions, especially due to trade tensions under President Trump, raised doubts earlier this year. Nevertheless, the stablecoin issuer finally completed its initial public offering in June. Jeremy Allaire, Circle’s co-founder and CEO, described this development as a sign that the world is ready to move toward a new financial system built on the internet. Ark Invest’s Strong Belief in Circle Ark Invest quickly acted on Circle’s debut by purchasing many shares across three of its most well-known funds. The size of this investment shows that Ark sees real value in Circle’s role in the digital finance world. Circle shares are now among the top holdings in Ark’s funds. However, Ark has a rule that no single company can make up more than 10% of a fund. This approach helps keep the funds balanced and lowers risk. This is important since Circle’s stock is still new and moving. Notably, Ark has done this with companies like Coinbase and eToro when these firms were newly made public. This pattern shows Ark’s plan to support new and innovative companies as they start trading publicly. Ark Adjusts Portfolio to Back Circle Ark made other moves on the same day it bought Circle shares as part of its portfolio management. The investment company sold some of its spot Bitcoin Exchange Traded Funds (ETF) from the Next Generation Internet fund, worth about $17.1 million. Even with this sale, Ark’s Bitcoin ETF remains its fund’s top holding. The firm also sold shares in Coinbase, Robinhood, and Block, founded by Jack Dorsey. Interestingly, the Robinhood sale came shortly after Ark bought $10 million worth of its shares in early May. These trades show that Ark is carefully adjusting its holdings to make space for new investments while keeping its funds in line with its rules. The post Ark Invest Places $373M Bet on Circle Post IPO Launch appeared first on TheCoinrise.com .
Uber is taking a serious look at stablecoins as it explores ways to streamline international transactions and reduce cross-border payment costs. Speaking at the Bloomberg Tech Summit in San Francisco on June 5, CEO Dara Khosrowshahi said the company is currently in the “study phase” of evaluating stablecoins as a potential payment method, calling the technology “super interesting.” The exec highlighted stablecoins for their practical utility in global business operations. While Uber has signaled crypto curiosity in the past, stating as early as 2021 that it was open to accepting digital assets, the current focus appears to be more pragmatic, zeroing in on real-world use cases that could improve the company’s operational efficiency. This shift comes at a time when regulatory clarity is taking shape, particularly in the US, where the bipartisan GENIUS Act aims to establish a clear legal framework for payment stablecoins. The act coincides with similar moves in Europe under MiCA and emerging regulations across Asia. This growing regulatory certainty has prompted traditional financial institutions such as Citigroup and Wells Fargo to explore stablecoin initiatives. In April, Mastercard also launched a stablecoin payment system, partnering with OKX and Nuvei to enable consumers to spend and merchants to accept stablecoins globally. The initiative reflects growing regulatory clarity and includes integration with major crypto platforms like MetaMask, Kraken, and Binance for seamless, end-to-end transactions. Other companies, including Stripe, have also revealed ongoing talks with banks to leverage stablecoin rails for commerce. For Uber, a platform that operates across more than 70 countries and 15,000 cities, stablecoins could offer a cost-efficient solution to settle driver payments, handle customer transactions, and bypass traditional currency exchange complexities. Whether Uber moves beyond its exploratory phase remains to be seen. The post Uber Eyes Cost Efficiency Through Stablecoin Payments, Enters ‘Study’ Phase appeared first on CryptoPotato .
The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria.
The U.S. Securities and Exchange Commission (SEC) has officially scheduled a roundtable discussion for Monday, June 9, 2025, signaling what could be a pivotal moment for the cryptocurrency industry. The event, which has already sparked intense speculation across digital asset communities, particularly among XRP holders, will feature prominent regulatory figures and focus on the evolving relationship between decentralized finance (DeFi) and American regulatory frameworks. According to an X post from the official SEC account, the June 9 roundtable will open with remarks from SEC Chairman Paul Atkins , followed by a moderated discussion led by former SEC Commissioner Troy Paredes. The key panel theme, titled “DeFi and the American Spirit,” is expected to delve into the role of decentralized technologies within the broader context of U.S. innovation, market freedoms, and regulatory oversight. Reminder: our next roundtable on crypto regulation is Monday, June 9. Chairman Paul Atkins will give opening remarks. See all the details, including panelists and agenda → https://t.co/v0PMdJoxWK — U.S. Securities and Exchange Commission (@SECGov) June 6, 2025 A Defining Moment for Crypto Regulation The announcement carries weighty implications given the SEC’s high-profile legal battle with Ripple Labs , the issuer of XRP. Over the past several years, the SEC’s actions— including lawsuits, enforcement proceedings, and policy interpretations— have shaped how digital assets are treated under U.S. law. With XRP often at the center of regulatory controversy, many holders and industry observers are anticipating that June 9 could offer further clarity. While the SEC has not explicitly confirmed that XRP or the Ripple case will be mentioned during the session, the timing of the event is notable. Currently, the SEC vs Ripple case is in its remedies phase, with both parties seeking a settlement and a need to file a new settlement agreement. Against this backdrop, XRP holders are watching the SEC’s every move for clues about the regulatory future of the token. DeFi, Freedom, and the Ripple Effect The chosen theme—“DeFi and the American Spirit”- has sparked both optimism and skepticism, with potential implications for regulatory support of decentralized finance innovation, which could benefit tokens like XRP used in cross-border payments and DeFi-related applications. XRP’s ecosystem increasingly intersects with decentralized infrastructure. Ripple’s rollout of the XRP Ledger (XRPL) EVM sidechain and the RLUSD stablecoin, launched in December 2024, have positioned XRP to compete in the broader DeFi economy. These developments align with Ripple’s strategic pivot toward enhancing XRP’s utility beyond payments and into smart contracts and liquidity provisioning. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 What XRP Holders Should Anticipate While the SEC’s announcement does not guarantee a direct reference to XRP, several potential outcomes could indirectly affect holders. Should the roundtable unveil a framework for DeFi compliance or suggest the possibility of new rulemaking, it could influence how Ripple and similar companies structure their products and services. Such changes might, in turn, affect XRP’s regulatory status, market adoption, or even future litigation exposure. Furthermore, if Chairman Paul Atkins’ opening remarks or Troy Paredes’ panel guidance signal a shift toward more constructive engagement with the industry, that could bolster market confidence. XRP, often seen as a bellwether for regulatory sentiment, might respond positively to any language suggesting legal clarity or a more nuanced approach to enforcement. The SEC’s June 9 roundtable is shaping up to be more than a routine policy forum. With high-level participants, a provocative theme, and an industry still in flux, the event may mark a turning point in how U.S. regulators view decentralized finance, and by extension, tokens like XRP that inhabit its frontier. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post SEC Makes Special Announcement for June 9. Here’s What XRP Holders Can Expect appeared first on Times Tabloid .
Ethereum has so far underperformed in this market cycle but looks ready to mount a parabolic rally based on analysts’ predictions. Crypto analyst Crypto Bullet recently highlighted a bullish pattern on ETH’s chart, which provides a bullish outlook for the altcoin. Ethereum Eyes $3,300 As Morningstar Candle Pattern Forms In an X post, Crypto Bullet predicted that Ethereum could rally to $3,300 as a Morningstar Candle pattern forms for the largest altcoin by market cap. This came as he highlighted the bullish monthly close for ETH and alluded to the monthly chart printing this bullish pattern. With this, the analyst expects a significant rally from Ethereum. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Crypto Bullet noted that Ethereum is now facing tough resistance, but he believes that the $2,500 resistance will be broken. The analyst added that his next target is $3,300. Meanwhile, crypto analyst Ash Crypto also provided a bullish analysis for ETH, in which he declared that the Wyckoff accumulation was still in play. He remarked that the first major level to reclaim is $3,100, which will be followed by a small correction. Following that, Ash Crypto is confident that ETH will then surge to $4,000, which will initiate an explosive rally. The analyst affirmed that $10,000 is programmed for ETH in this cycle. As NewsBTC reported, crypto analyst Crypto GEM recently predicted that Ethereum could rally to $8,000 by next year. Crypto analyst Titan of Crypto also highlighted $5,000, $7,000, and $8,500 as the targets for ETH’s market structure. Meanwhile, just like Ash Crypto, crypto analyst Mikybull Crypto is also confident that the altcoin can reach as high as $10,000 in this market cycle. He highlighted a similarity between Ethereum’s current price action and that of the 2017 market cycle. Ongoing V-Shape Recovery For ETH In an X post, crypto analyst Titan of Crypto highlighted an ongoing V-shape recovery for Ethereum. He noted that ETH has kicked off a sharp reversal, forming a classic V-shape structure on the weekly chart. His accompanying chart showed that ETH could rally to as high as $7,600 on this run-up. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Crypto analyst Mikybull Crypto stated that Ethereum is flirting with a breakout. The analyst further noted that the Relative Strength Index (RSI) is already breaking out. His accompanying chart showed that ETH could rally to as high as $3,600 on this breakout. He also declared that the fifth time of ETH’s move to the MA20 will be a thrust through. The altcoin is expected to break the $2,600 resistance on this move. At the time of writing, the Ethereum price is trading at around $2,450, down almost 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The White House said Thursday that Elon Musk is entitled to speak on behalf of his companies against the backdrop of his feud with President Donald Trump. The comment came just days after Musk exited his role leading the Department of Government Efficiency (DOGE) and began lobbying policymakers against the administration’s signature budget and tax bill. During an appearance on Fox News Channel’s Hannity, White House Press Secretary Karoline Leavitt was asked about the Trump and Musk “divorce.” She said the president is now focused on passing the so-called “one big, beautiful bill.” “ Just days ago, the president graciously hosted Elon Musk in the Oval Office, and Elon thanked the president for his leadership in cutting waste, fraud, and abuse ,” Leavitt said. “ The only difference between Friday and today is that Elon went back to his companies. And, as a businessman, he has a right to speak for his companies. But as president, President Trump has a responsibility to fight for this country .” EV tax credits and the ‘big, beautiful bill’ Last week, the two appeared together at a White House press conference where Musk was presented with a ceremonial key to the White House. But by Thursday, the two were trading personal insults , with Musk claiming Trump would not have won the 2024 election without his help. In another post, the Tesla CEO told his followers the administration was holding onto documents related to financier Jeffrey Epstein because “Trump was on the list.” In response, Trump lashed out, accusing Musk of turning against the administration out of self-interest. “ I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” Trump posted on Truth Social . One provision in the “big, beautiful bill” removes the $7,500 tax credit for buyers of electric vehicles, which Musk is vehemently against. “ Keep the EV/solar incentives cuts in the bill, also cut all the crazy spending increases in the Big Ugly Bill so that America doesn’t go bankrupt! ” the billionaire surmised. Musk initially supported removing all subsidies, including those that benefited his own companies. “ Take away the subsidies. It will only help Tesla ,” he wrote on X last year. Yet, Tesla has been reporting declining sales and investor pressure. Analysts at JPMorgan now estimate that losing the EV tax credit could cost Tesla $1.2 billion annually. NASA nomination pullback causes more problems Last weekend, the White House withdrew the nomination of Jared Isaacman to head NASA. Isaacman, a tech entrepreneur and collaborator with Musk’s SpaceX, had commanded two private space flights aboard SpaceX missions and invested $27.5 million in the company through his firm Shift4. “ After a thorough review of prior associations, I am hereby withdrawing the nomination of Jared Isaacman to head NASA ,” Trump posted on Truth Social. “ I will soon announce a new Nominee who will be Mission aligned, and put America First in Space .” During the back-and-forth social media statement yesterday, Musk argued Trump’s removal of Jared was based on politics, reposting a previous message from Trump in December congratulating the “accomplished business leader, philanthropist, pilot, and astronaut.” This is what he said about Jared https://t.co/3R6qzdVRf1 — Elon Musk (@elonmusk) June 5, 2025 Conservative accounts on social media accused Musk of retaliating over lost perks and political influence. “ So now you’re admitting it’s not actually what’s in the bill that has made you mad, but the absence of the perks… like getting your friend a good job and not putting your EV company at a disadvantage ,” one GOP-aligned user responded to the troubled Tesla CEO. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Could USDC finally crack Tether’s fortress and rewrite the stablecoin playbook?
This content is provided by a sponsor. When BTCC was founded in June 2011, Bitcoin was still a fringe idea – trading for less than $30 and understood by few. Fast forward to 2025, and Bitcoin has surged past $100,000, while BTCC has evolved into a global powerhouse with more than 7.04 million registered users