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August 2nd Futures Market Update
August 2nd Futures Market Update

Bitget·2024/08/02 05:02
MicroStrategy to raise $2b to buy more Bitcoin amid cash flow woes
MicroStrategy to raise $2b to buy more Bitcoin amid cash flow woes

Share link:In this post: MicroStrategy intends to raise $2 billion by issuing class A shares in to buy additional Bitcoin and pay off debt. MicroStrategy bought 12,222 Bitcoin for $805 million, bringing its total to 226,500 BTC, worth $14.7 billion at current rates. MSTR comes under fire for cash flow misappropriations.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommen

Cryptopolitan·2024/08/01 16:00
Flash
10:53
US President Trump: Oil prices may fall below pre-war levels
US President Trump: Oil prices may fall below pre-war levels
10:53
QCP: Easing geopolitical tensions boost risk assets, Strategy pressure drags down bitcoin
According to QCP Market Colour, the United States and Iran have signed a memorandum of understanding and given signals for the reopening of the Strait of Hormuz, supporting risk assets. US stock futures rose and crude oil prices fell below $75. QCP stated that, on the macro level, attention should be paid to the Federal Reserve’s dot plot guidance on short-term restrictive policy paths. In the crypto market, BTC remains stuck below $66,000, and concerns related to Strategy funding needs are dampening market sentiment, with Bitcoin failing to follow the broad rebound in risk assets.
10:51
US President Trump praises the stock market rally and the decline in oil prices
US President Trump praised the rise in the stock market and the drop in oil prices.
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