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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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MicroStrategy's $2 Billion Bitcoin Move: Forcing to Buy More! - Coin Bulletin
Strategy (, formerly known as MicroStrategy), one of Bitcoin's largest institutional investors, announced that it will increase its BTC purchases by issuing $2 billion in zero coupon convertible bonds.
Strategy plans to increase Bitcoin purchases with a $2 billion borrowing. The company will offer 1 March 2030 bonds exclusively to institutional investors and plans to use the funds raised from there for Bitcoin purchases and general operating capital.
It was announced that the bonds will be matured until the year 2030 and investors will be able to convert these bonds into cash or company shares under certain conditions. In addition, an option was also offered for the sale of additional bonds worth 300 million dollars.
With this borrowing move, Strategy continues its strategy of further expanding institutional investment in Bitcoin.
Following the closure of the U.S. stock exchanges, this announcement resulted in limiting the decline in the Bitcoin price, allowing it to recover to $95,000. Currently holding 478,740 BTC, Strategy, which is currently the world's largest company in terms of institutional Bitcoin reserves, aims to further increase its BTC holdings with its latest move.