Guru-Investingpresents you the three most important news of the last day.
Guru-Investingpresents you the three most important news of the last day.
MicroStrategy’s Huge Bitcoin Purchase Announced by Michael Saylor: Details
YesterdayOn June 20, Michael Saylor took platform x to announce a recent massive purchase of MicroStrategy. The company acquired 11,931 BTC worth $786 million, with an average price per coin of $65,883. Currently, the company holds a total of 226,331 BTC, making it the largest corporate holder of Bitcoin. Funding for the purchase came from MicroStrategy’s recent debt sale. Before that, the company announced that it had completed its $800 million convertible note offering. However, the acquisition, despite its enormous size, did not have much effect on the market, as it was mostly discounted after MicroStrategy increased its debt sale last week.
Shiba Inu Team Leader Presents Unexpected SHIB Game
In a recent x publicationLucie, marketing leader of the Shiba Inu project, revealed what to expect from a Shibarium game that is currently in its final stages of development, quoting the words of Shiba Inu leader Shytoshi Kusama. According to Kusama, the full game will be licensed solely to the decentralized Shiba Inu team for use in Shibarium. Later, the mobile version could be improved by adding identifiable decentralized elements. The Shiba Inu leader hopes the game will provide value to the ecosystem’s main tokens, SHIB, LEASH and BONE. Additionally, Kusama confirmed that revenue from in-app game purchases will incentivize SHIB and LEASH burns.
XRP, ADA: Good sign for potential bulls, ‘rocket fuel’ could be here: Report
A recent feeling report brought good news to the XRP and ADA communities. As indicated by the Santiment analysis team, these two popular altcoins are currently experiencing heavy short selling after recent price rebounds. This is actually a good sign for potential bulls, as this short selling can act as “rocket fuel” for continued price increases. At press time, .