MicroStrategy To Offer Further $600M In Notes To Acquire More Bitcoin – February 17

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $51,377

Bitcoin price continues to post new all-time highs, as price reaches as high as $51,728 today.

Top-20 altcoins have seen mixed performance over the last 24 hours, as Ethereum gains less than 1%, XRP drops 3%, and Monero is the biggest gainer with a modest 6% rise..

Top Stories for February 17, 2021 πŸ”₯

πŸ‘‰ MicroStrategy To Offer Further $600M In Notes To Acquire More Bitcoin

Business intelligence company MicroStrategy has filed to offer $600 million worth of new convertible notes to investors, in order to fund the purchase of more Bitcoin.

The company has also stated that it expects to offer initial purchasers the option to buy an extra $90 million, taking the total to $690 million.

MicroStrategy has led the institutional charge into Bitcoin, currently holding over $3.5 billion worth of the cryptocurrency.

πŸ‘‰ Collectible NFT Sales Top $100M In 30 Days

Sales volume for collectible NFT tokens has skyrocketed to a whopping $100 million over the last 30 days alone, according to Cointelegraph.

Basketball collection NBA Top Shot accounts for $68.5 million of the total, with a significant $5.8 million over the last 24 hours alone.

πŸ‘‰ Ontario Securities Commission Approves Second ETF

The Evolve Bitcoin exchange-traded fund (ETF) has been approved by the Ontario Securities Commission, with Cidel Trust Company as the fund’s primary custodian.

It’s the second Bitcoin ETF approved by the Ontario Securities Commission in less than a week, with the Purpose Bitcoin ETF passing just a few days ago.