Author: James Wilson
MicroStrategy, the largest corporate holder of Bitcoin, has announced plans to redeem all outstanding 0% convertible senior notes due in 2027, totaling approximately $1.05 billion. The redemption is set for Feb. 24, 2025, at 100% of the principal amount, plus any accrued interest. Noteholders have until Feb. 20, 2025, to convert their notes into MicroStrategy’s Class A common stock at a rate of 7.0234 shares per $1,000 principal amount. This equates to a conversion price of $142.38 per share. This move is significant, given MicroStrategy’s substantial investment in Bitcoin (BTC). Since August 2020, under the leadership of Executive Chairman Michael…
Meme coins in the Base layer-2 blockchain were among the top performers on Friday as the ecosystem continued to gain traction. Toshi (TOSHI) surged by over 70%, pushing its market cap to more than $237 million and making it the third-largest meme coin on Base, following Brett and Akuma Inu. Its rally came after being listed on Coinbase, the largest exchange in the U.S. This listing boosted TOSHI’s 24-hour trading volume to $165 million. According to Nansen, a whale purchased Toshi tokens worth over $3.16 million. Whale bought TOSHI tokens worth $3.16 million | Source: Nansen Keyboard Cat (KEYCAT) was…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market kicks off strong, with BTC, DOGE, and AAVE soaring. Experts now eye Rollblock as a standout altcoin. The crypto market started the year on a high. Bitcoin (BTC) and a couple of altcoins have been rediscovering good form and reaching new highs in the past month. These include exciting projects like Dogecoin (DOGE) and Aave (AAVE). However, experts are tipping a new presale crypto called Rollblock to outperform these established coins in the coming months. Having…