Features Crypto News by Thebittimes.Com

BTC Bull Token ($BTCBULL) has surged past $2.5M in presale as Standard Chartered says Bitcoin can still hit $500k before Donald Trump’s term in the White House ends. While Bitcoin ($BTC) has mostly traded below six figures since February 4, analyst Geoff Kendrick’s projection suggests that Bitcoin could see new all-time highs (ATHs) in the coming years, possibly even surpassing its $109,000 ATH this year. If $BTC continues to break through price milestones, holders of $BTCBULL are set to receive passive Bitcoin rewards as though they were running mining farms themselves. This is because the token’s core utility is designed to reward holders with actual bitcoins every time it breaks new price levels. However, this benefit is heavily tilted toward early adopters who have contributed to the project’s capital-raising efforts.  Currently, these investors are purchasing $BTCBULL at a price of $0.002375 per token in the current s...

Business intelligence firm and leading corporate Bitcoin holder Strategy is looking to raise an additional $2 billion through 0% senior convertible notes to purchase even more BTC. According to a Feb. 18 statement by the company, previously known as MicroStrategy, the first note purchasers will have the option to buy up to an extra $300 million more worth of notes. These notes can then be used within five business days after they are issued. Strategy said that part of the capital will be used to increase its exposure to Bitcoin, while the remaining funds will be used as working capital. Strategy Completes Over Half Of Its 21/21 Goal Senior convertible notes have been one of the main instruments Strategy has utilized to buy up more Bitcoin as part of its ambitious 21/21 Plan. Orchestrated by Strategy executive chair and Bitcoin maxi Michael Saylor, the 21/21 Plan aims to raise $42 billion in capital over 3 years, split between equity and fixed-income securities, to buy more BTC. ...