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Saylor Ups Convertible Note To $700M | Crypto Town Hall

The Wolf Of All Streets

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MicroStrategy's Increased Convertible Note and Impact on the Financial Industry

The chapter explores MicroStrategy's decision to upsize their convertible note to $700 million and the potential effects of blockchain-based settlement on the financial sector, including multi-currency trading and 24/7 trading environments. It also delves into the challenge to ICE's global exchange dominance by BlackRock and Citadel in Texas, highlighting a shift towards reducing fees associated with infrastructure. Additionally, the chapter discusses the demand for convertible notes and principle-protected strategies in the crypto market, emphasizing a growing interest among conservative investors seeking exposure to Bitcoin while safeguarding their investments.

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