Reported about 13 hours ago
Michael Saylor's firm, Strategy, raised $2 billion through convertible bonds, signaling a potential saturation in the market for crypto-related financing. While companies like Strategy have generated significant funding in recent months, observers note that the terms of deals are becoming more favorable to investors, highlighting growing fatigue regarding crypto investments as Bitcoin's performance stabilizes. With increased competition and risk of market selectivity, there are concerns about the sustainability of these financing strategies if Bitcoin's volatility continues to decline.
Source: YAHOO