**MicroStrategy**, the **business intelligence giant**, has announced plans to raise **$500 million** through a stock sale, with the proceeds exclusively used to **purchase more Bitcoin** (BTC). This move further solidifies MicroStrategy's **commitment to BTC as a treasury reserve asset**. The company has been **aggressively acquiring Bitcoin** in recent years, and its latest move demonstrates its **continued confidence in the cryptocurrency**'s long-term potential. The stock sale is expected to close in the **near future**, subject to market conditions.

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvN2FlZTVmMDUtMTllMS00NWM4LThiNTMtYTFlZGRjYjI4MGVmLmpwZw==.jpg"></p><p>MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset. </p>

Josh O'Sullivan 28 minutes ago MicroStrategy plans $500M stock sale to buy more Bitcoin MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset. 340 Total views 1 Total shares Listen to article 0:00 News Own this piece of crypto history Collect this article as NFT Join us on social networks MicroStrategy has announced the intention to offer $500 million in convertible senior notes due in 2032.The private offering to qualified institutional buyers would adhere to Rule 144A of the Securities Act 1933 and is “subject to market conditions and other factors.” “The notes will be unsecured, senior obligations of MicroStrategy and will bear interest payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2024. The notes will mature on June 15, 2032, unless earlier repurchased, redeemed or converted in accordance with their terms.”Source: Michael SaylorRelated: Big shorters are betting $6.9B against MicroStrategy stocksProceedings and strategic aimsThe net proceeds will primarily be used to acquire additional Bitcoin (BTC), aligning with MicroStrategy’s long-term goal of using BTC as its treasury reserve asset.The firm expects to grant initial purchasers of notes the option to buy a further $75 million in “aggregate principal amount of the notes.”“If MicroStrategy redeems fewer than all the outstanding notes, at least $75 million aggregate principal amount of notes must be outstanding and not subject to redemption as of the relevant redemption notice date.”Related: Bitcoin vs. Buffett: BTC holders’ 104% CAGR dwarfs ‘steady growth’ portfolioThis is a developing story, and further information will be added as it becomes available. #Bitcoin #Cryptocurrencies #Nasdaq #Adoption #Stocks #Tokens #MicroStrategy Add reaction

MicroStrategy Raises $500 Million to Expand Bitcoin Holdings

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## What to Know
- **Bitcoin** is trading just above **$66,600** heading into the Good Friday long weekend, as **futures and ETF markets pause** and liquidity thins.
- Despite multi-month highs in **ETF and corporate bitcoin purchases**, overall demand has turned negative as **large holders shift to net selling** and U.S. spot demand remains weak.
- With bitcoin’s price floor increasingly tied to expectations for **Federal Reserve rate cuts**, upcoming U.S. inflation data could further erode support if it undermines hopes for easier policy.

Bitcoin is trading choppily around **$66,600**, as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action.

With **CME futures and ETF flows set to pause** over Good Friday, the market is heading into a liquidity gap just as its most reliable source of support is already weakening.

Bitcoin’s **$65,000 support** is starting to look fragile as the market’s most active buyers turn out to be its most macro-dependent. In a recent report, **CryptoQuant** data show 30-day apparent demand at about **-63,000 BTC**, even as ETF and corporate purchases climb to multi-month highs, while Singapore-based market maker **Enflux** noted that the price floor is “partly underwritten by rate-cut expectations.”

**ETF purchases** rose to roughly **50,000 BTC** over the past 30 days, the highest since October 2025, while **Strategy** accumulated about **44,000 BTC** over the same period. Yet overall demand remained negative, with selling from other participants overwhelming those inflows.

The pressure is most visible among **large holders**, CryptoQuant wrote in a recent report. Wallets holding **1,000 to 10,000 BTC** have flipped to net distribution, with their one-year balance change dropping to about **negative 188,000 BTC** from a positive 200,000 BTC at the 2024 cycle peak. Mid-sized holders have also slowed accumulation sharply, while the **Coinbase Premium** has remained negative, signaling weak U.S. spot demand.

The result is a market where rising institutional activity does not translate into stronger price support. As more capital shifts toward **ETF wrappers and regulated futures markets**, bitcoin is increasingly priced through macro-sensitive positioning such as hedging and allocation shifts rather than broad-based spot accumulation.

That positioning is now being tested by **inflation data**, Enflux wrote. The **ISM prices-paid index** jumped to **78.3** in March, its highest since June 2022, undermining expectations for near-term rate cuts. Enflux said the repricing has already begun to show up in flows, with **$296 million in net ETF outflows** during the week of March 24 and muted inflows in early April.

The long weekend removes a key stabilizer. With **CME closed and ETF creation and redemption paused**, the institutional bid that has increasingly anchored bitcoin’s price will be largely absent, leaving trading to spot markets where selling pressure has been most persistent.

CryptoQuant said any relief rally could face resistance between roughly **$71,500 and $81,200**, levels that have capped prior rebounds in the current bear-market structure.

The broader test comes with **U.S. inflation data on April 9**. If March core PCE exceeds February’s **3.1%**, rate-cut expectations could fade further, strengthening bearish case in bitcoin.

Good Friday shuts CME futures and ETF activity, removing a key source of demand as large holders continue distributing and spot demand weakens.

Bitcoin's Holiday Weekend Vulnerability: ETF and CME Shutdown Exposes Market Weakness

Bitcoin continues to capture the spotlight as major financial institutions roll out long-term price forecasts, driven by trends in **institutional adoption**, **regulatory shifts**, and its growing reputation as **digital gold**. Wall Street analysts and investment firms are offering a mix of conservative and bullish scenarios, with Plus500 summarizing key predictions from third-party sources.

## TL;DR
- **Near-Term (2026):** Standard Chartered projects Bitcoin to reach $150,000, while Bernstein forecasts a peak of $200,000 by 2027.
- **Mid-Term (2027–2029):** Estimates suggest Bitcoin could soar between $200,000 and $500,000, fueled by institutional adoption and ETF inflows.
- **Long-Term (2030+):** Standard Chartered targets $500,000 by 2030, and Bernstein maintains a bold $1 million prediction by 2033.
- **Key Drivers:** **Institutional adoption**, **Bitcoin ETF inflows**, **fixed supply**, and potential to capture gold's market value.
- **Risks:** **Regulatory changes**, **market volatility**, slower adoption, and competition from other digital assets.
- **Overall:** Bitcoin remains highly volatile, with forecasts highlighting both growth potential and significant risks.

## Near-Term Outlook: Bitcoin Price Prediction 2026
According to a CNBC report, Standard Chartered has revised its Bitcoin forecast, now projecting $150,000 by the end of 2026—down from a previous $200,000 target for 2025. The bank cites **slower-than-expected institutional demand** and a shift toward **ETF-driven buying patterns** rather than direct Bitcoin purchases. Bloomberg notes that Bernstein expects the current market cycle to peak around $200,000 per Bitcoin by 2027, adjusting near-term expectations while staying optimistic about the long-term trajectory.

## Mid-Term Projections: Bitcoin Price Forecast 2027-2029
Nasdaq reports that Bernstein's updated forecast anticipates Bitcoin hitting $200,000 by 2027, based on **historical halving cycles** and **institutional adoption patterns**. However, analysts caution that traditional four-year cycles might be disrupted by increased institutional participation, leading to varied outcomes depending on market conditions.

## Long-Term Vision: Bitcoin Price Prediction 2030 and Beyond
Yahoo Finance highlights Standard Chartered's long-term target of $500,000 by 2030, delayed from an earlier 2028 projection. This forecast assumes continued growth in **spot Bitcoin ETF adoption** and Bitcoin capturing a significant share of the **gold market's value** as a store-of-wealth alternative. Meanwhile, Bernstein maintains a **$1 million per Bitcoin forecast by 2033**, driven by sustained institutional adoption and demand from corporate treasuries and nation-states.

## Risk Factors and Market Dynamics
Forecast revisions underscore the **inherent uncertainty** in Bitcoin price predictions. Key variables include **regulatory developments**, **technological advancements**, competition from other digital assets, and **macroeconomic conditions**. The wide range of predictions by 2030 reflects the **speculative nature** of long-term cryptocurrency valuations and the uncertainty surrounding such forecasts.

Bitcoin’s long-term outlook remains highly uncertain, with published forecasts showing a **wide divergence of views** among market participants. While major financial institutions increasingly see it as a maturing macro asset with digital gold characteristics, their forecasts hinge on assumptions around **institutional adoption**, **ETF inflows**, and **regulatory clarity**. Near-term projections have become more measured due to slower demand growth, yet long-term targets stay ambitious, relying on Bitcoin’s **fixed supply** and potential to capture gold's market value. Ultimately, these forecasts highlight that Bitcoin’s future performance may be influenced by **global adoption trends**, but outcomes remain uncertain and volatile. Actual market results may differ significantly from published forecasts, with cryptocurrency prices prone to **significant volatility** over short periods.

*Disclaimer: The content is for informational purposes only and does not constitute investment advice. Forecasts are based on third-party sources and are subject to change.*

Plus500 reports that Bitcoin could reach $150,000 by 2026, $500,000 by 2030, and $1 million by 2033 amid market uncertainties and risks.

Bitcoin's Future: Will It Hit $1 Million by 2033? Expert Predictions Unveiled

Since October, the crypto market has lost about **$2 trillion in value**. Bear markets are never fun, but if you believe in the long-term value of cryptocurrencies and blockchain technology, then this is a good time to add to your holdings.

I believe **Bitcoin** is an important part of any crypto portfolio, as it's the most successful coin by far. However, there are also quite a few exciting crypto investment opportunities with **altcoins** -- a term for all cryptocurrencies other than Bitcoin. Here are my top two picks right now.

![A person at a desk looking at charts on a monitor.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F861659%2Finvestor-analyzing-altcoin-charts.jpg&w=3840&op=resize)

## 1. Solana

**Smart contract blockchains** have one of the best bull cases in the crypto space, as they provide the infrastructure needed for **decentralized finance (DeFi)** services. Stablecoins, tokenized real-world assets (RWAs), and crypto lending protocols all need a blockchain platform to operate.

**Solana** stands out here because it's significantly more efficient than other leading smart contract blockchains. It processes over **1,000 transactions per second (tps)**, block times to finalize transactions are less than 13 seconds, and transaction fees are well under **$0.01**.

Due to its high speed and low costs, Solana processes about **2.2 billion transactions per week**, second only to **Internet Computer**, according to 21Shares. The caveat is that Solana keeps under 10% of the fees generated by these transactions, with most of the value going to the applications built on it.

Solana's limited value capture is a concern, but the activity levels are promising. It has also improved network reliability with the launch of its **Firedancer upgrade** last December.

## 2. Ethereum

**Ethereum** is the most successful smart contract blockchain, so it fills a similar role as Solana. It has over **1,700 DeFi protocols** and about **$53 billion of total value locked (TVL)** into those protocols, ranking first by a wide margin in both categories. It also holds **$165 billion in stablecoins**, over half of the stablecoin market.

The biggest downside for Ethereum is that it currently doesn't have the processing capabilities of faster blockchains. It processes about **22 tps**, the time to finalize transactions is nearly 13 minutes, and average transaction fees are about **$0.10**, which all compare poorly to Solana.

However, the **Ethereum Foundation** recently increased the frequency of network upgrades and is now aiming for two per year. Improving Ethereum's efficiency is one of the priorities.

You might be wondering why Solana and Ethereum are my top picks, considering they're competitors. Both blockchains have their advantages, and I'm not sure which one will be the long-term winner, or if they'll each be successful. With that in mind, I'd rather have both in my portfolio.

Altcoins can diversify your crypto portfolio and potentially drive higher returns.

Top 2 Altcoins to Buy After the Crypto Market Pullback: Solana vs Ethereum

## Market Turmoil Following Presidential Address

**Bitcoin** fell 2.2% to $66,609 on Wednesday, giving back Tuesday's gains after President Trump's primetime address to the nation promised to hit Iran "extremely hard" over the next two to three weeks rather than offering the de-escalation markets had priced in.

Every major token in the top 10 dropped. **Ether** slid 2.2% to $2,056, **BNB** fell 3.9% to $591, **XRP** lost 2.5% to $1.31, and **solana's SOL** led losses at 5.2%, extending its weekly decline to 13%.

## Reversal of Global Rally

The selloff reversed a sharp global rally that had built through Tuesday on Trump's earlier comments that the war could end within weeks and that a deal with Tehran was not a prerequisite. Asian stocks had surged 4%. S&P 500 futures had jumped. The mood was the most optimistic since the conflict began five weeks ago.

Then the speech happened. In nearly 20 minutes, Trump did not outline any shift in Iran policy, did not provide specifics on how operations would proceed, and did not signal any pathway to a ceasefire.

The **Strait of Hormuz**, the critical oil shipping lane that has been effectively shut since mid-March, would reopen "naturally" once hostilities subside, he said, without offering a timeline.

## Broader Market Impact

**Brent crude** jumped 5% to above $106 a barrel. Asian shares fell 2.1%. U.S. and European equity futures dropped more than 1.2%. The dollar strengthened. Treasuries dropped on inflation concerns.

The crypto-specific picture is now familiar to the point of numbness. Bitcoin has spent five weeks bouncing between roughly $60,000 and $73,000, selling on every escalation headline, rallying on every de-escalation headline, and ending up roughly where it started.

The **Fear and Greed Index** sits at 8, deep in extreme fear territory, where it has been stuck between 8 and 14 for the past month.

## Seasonal Optimism vs. Geopolitical Reality

There is a seasonal argument for optimism. **April** has historically been one of bitcoin's strongest months, finishing green 10 out of 15 years with an average gain of 20.9% versus an average decline of 8.8% in down years. Bitcoin also bounced firmly off its two-month uptrend support near $60,000 last week and is attempting to reclaim the 50-day moving average.

But seasonality doesn't trade against a war. The pattern of the past five weeks — hope, headline, reversal — shows no sign of breaking until the conflict itself does.

Crypto and equities sold off after the president's national address undermined a two-day rally built on expectations the war was ending. Oil jumped 5% to above $106.

MicroStrategy Raises $500 Million to Expand Bitcoin Holdings

Summary:

$500 million stock sale to fund Bitcoin acquisitions.

Proceeds will be used to acquire additional Bitcoin.

MicroStrategy's long-term commitment to BTC as a treasury reserve asset.

Company has been aggressively acquiring Bitcoin in recent years.

Stock sale expected to close in the near future.

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