COINDESK DAILY: MicroStrategy Bags Another 1,070 BTC
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 January 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Jennifer Sanasie breaks down the latest news in the crypto industry as MicroStrategy bags another 1,070 BTC.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as Polymarket bettors put their money on Canadian Prime Minister Justin Trudeau's resignation. And, MicroStrategy has increased its bitcoin holdings for the ninth consecutive week with the most recent purchase of 1,070 BTC.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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Transcript
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| 0:49.6 | Micro Strategy buys more Bitcoin. This is CoinDesk Daily. I'm your host, Jen Sanassi. |
| 1:01.2 | Canada's Prime Minister, Justin Trudeau, has resigned and Polymarket Betters predicted it. |
| 1:06.6 | This morning we reported that dueling scoops from two of Canada's largest newspapers revealed |
| 1:11.0 | that the prime minister would soon be ending his political career. |
| 1:14.5 | Polly Market Better has put the chances of Trudeau's resignation today at 84% and resigning by Friday |
| 1:20.3 | at a 90% chance. |
| 1:22.5 | Micro Strategies, Bitcoin bags are growing. |
| 1:25.0 | The firm has increased its Bitcoin holdings for the ninth consecutive week. |
| 1:29.1 | In the weekending January 5th, Micro Strategy purchased a further $1,070 Bitcoin for $101 million, bringing its total holdings to $447,470 Bitcoin. |
| 1:40.7 | In addition, Micro Strategy announced it would be raising up to $2 billion via preferred |
| 1:45.5 | stock offering. |
| 1:47.0 | The purpose of the offering is for Micro Strategy to acquire even more Bitcoin. |
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