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Previous article Michael Saylor Announces Plans to Raise $21 billion from Stock Sale Next article Michael Saylor announced plans to raise funds to buy Bitcoin by issuing and selling $21 billion worth of MicroStrategy shares. The equity raise is part of a larger plan to raise $42 billion for Bitcoin purchases over the next three years. The at-the-market equity offering will dilute current shares by 42% of their capitalisation, which currently stands at $50 billion.

Coinbase launched a tool, called Based Agent, that allows people to create AI agents that can automate tasks like swaps and staking. The tool uses technology from Coinbase SDK, OpenAI, and Replit to allow anyone to create an AI agent in under three minutes.

Microsoft shareholders will vote on assessing investing in Bitcoin, amongst a number of topics, at the annual shareholders meeting in December. This follows the trend of companies adding Bitcoin to their balance sheets as an inflation hedge. The Microsoft board advises against voting for the motion, citing that the company’s management has carefully considered the topic.