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This article was automatically generated by MarketWatch using technology from Automated Insights. Most large cryptocurrencies were down during morning trading on Tuesday, with Dogecoin seeing...
Defiance also filed for a leveraged ether futures ETF on Monday.
(Bloomberg) -- Crypto investor MicroStrategy Inc. is caught in a bind, as Bitcoin’s recent rally has lifted not only its shares, but also its convertible bonds. With the cost of refinancing up by 280%, investors are bracing for the firm to convert the bonds into stock instead.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataIran’s Better, Stealthier Drones Are Remaking Global WarfareTrumpism Is E
This article was automatically generated by MarketWatch using technology from Automated Insights. All large cryptocurrencies were up during morning trading on Monday, with Ethereum seeing the...
Analyst maintains Buy rating for MicroStrategy and raises price target to $1,875, expecting Bitcoin to reach $150,000 by 2025