Bitcoin Whale Michael Saylor Might Buy a Lot More BTC
MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.
24H Price
The League of Kingdoms Arena price is $0.23, a change of -0.68% over the past 24 hours as of 9:19 a.m. The recent price action in League of Kingdoms Arena left the tokens market capitalization at $25,803,493.38. So far this year, League of Kingdoms Arena has a change of -35.05%. League of Kingdoms Arena is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.
Fitch downgraded the U.S. credit rating to AA+. A similar downgrade by S&P in early August 2011 had cratered risk assets, including bitcoin.
Analysts said it is an attempt to incentivize liquidity to FraxLend's pool from where Egorov has taken a loan of 15.8 million FRAX.
Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem.
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