🚀 Germany's largest insurer Allianz has purchased 24.75% of MicroStrategy's $2.6 billion convertible bonds, signaling growing institutional interest in Bitcoin! 📈
- Allianz invested through four sub-institutions: Allianz Global Investors Luxembourg 14.34%, Allianz Global Inv Of America LP 6.64%, Nicholas Applegate Cap MGMT Inc 3.74%, AllianzbGlobal investors GMBH 0.04%.
- MicroStrategy plans to use the proceeds to buy more Bitcoin, which could push BTC's price even higher.
- BTC just crossed $99,000, with expectations of surpassing $100,000 by the end of the month.
- MicroStrategy has completed a $3 billion bond sale, exceeding its initial target.
- Some experts are optimistic about the bullish trend of BTC, but there are also concerns about leverage in the crypto market.
What do you think about the future of Bitcoin? Share your opinion! 💬