Bitcoin Price Prediction: Strategy Proposes $2B Convertible Note Offering To Buy More BTC As Investors Flock To This ICO For Bitcoin Airdrops
The Bitcoin price edged down a fraction of a percentage in the last 24 hours to trade at $94,786 as of 12:44 a.m. EST on trading volume that surged 60% to $40.7 billion. This slight decrease in the BTC price comes as Michael Saylor’s Strategy looks to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, which could potentially add to the firm’s BTC stash, standing at 478,740 BTC tokens. Strategy Announces Proposed Private Offering of $2.0B of Convertible Senior Notes. $MSTR https://t.co/EBOMdLlgdq — Michael Saylor⚡️ (@saylor) February 18, 2025 Bitcoin Price Analysis: Falling Wedge Formation Signals Potential Breakout The BTC price Analysis shows that the token is currently trading at $94,786.62, experiencing a slight decline of -0.26% over the last session. The Bitcoin chart also presents a clear falling wedge pattern, a bullish reversal formation that typically precedes a breakout to the upside. This pattern...