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MicroStrategy Bought $4.6B Worth Of Bitcoin
MicroStrategy Bought $4.6B Worth Of Bitcoin Even As It Soared Over $90K Last Week
Key Takeaways MicroStrategy purchased another $4.6 billion worth of bitcoin last week.The company's total bitcoin holdings are now worth roughly $30 billion.MicroStrategy sold around 13.6 million shares to fund the most recent bitcoin purchase.
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Self-described
Bitcoin
Development Company MicroStategy (MSTR ... To fund this latest purchase,
MicroStrategy
tapped its at-the-market share issuance program, selling roughly 13.6 million shares for $4.6 billion. The company has about another $15.3 ...
MicroStrategy buys $4.6bn of Bitcoin in largest purchase
MicroStrategy co-founder and Chairman Michael Saylor decided to invest in Bitcoin in 2020 as a hedge against inflation.
MicroStrategy buys another $4.6 billion of Bitcoin
MicroStrategy has added 51,780 Bitcoin (BTC) to its holdings. The company acquired the BTC for $4.6 billion, bringing total holdings to 331,200 BTC. Metaplanet, the MicroStrategy of Asia, also announced plans to buy more Bitcoin on Nov.
MicroStrategy stock surges on its $4.6 billion Bitcoin buy
In an SEC filing Monday, MicroStrategy said that it acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash, at an average price of approximately $88,627 per bitcoin, inclusive of fees and expenses.
MicroStrategy Buys $4.6 Billion of Bitcoin in Largest Purchase
MicroStrategy Inc. bought about 51,780 Bitcoin for around $4.6 billion, the largest purchase by the crypto hedge-fund proxy since it began acquiring the digital-asset more than four years ago.
MicroStrategy Buys Record $4.6 Billion of Bitcoin
MicroStrategy has bought about $4.6 billion of bitcoin—the first fruits of a huge new fundraising plan, and its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago.
MicroStrategy Shares Rise with New Bitcoin Buys
Shares of MicroStrategy advanced after the company said it bought $4.6 billion worth of bitcoin last week. The stock was up 6.4% at $362.62 in early trading. Shares have risen more than fivefold this year on the back of gains in the crypto market.
MicroStrategy Funds Record Bitcoin Buy by Selling Richly Valued Stock
MicroStrategy, the world’s largest corporate holder of bitcoin, issued $4.6 billion of shares in the past week, and used proceeds to buy a like amount of the cryptocurrency.
decrypt
3h
MicroStrategy Just Bought Another $4.6 Billion Worth of Bitcoin
MicroStrategy has added another 51,780 Bitcoin, with Michael Saylor's software firm now holding nearly $30 billion worth.
Crypto Briefing
4h
MicroStrategy buys $4.6 billion in Bitcoin, boosts holdings to $30 billion
MicroStrategy expands its holdings with a $4.6B Bitcoin acquisition, boosting its total to nearly $30B amid a crypto market ...
3h
Bitcoin Price Forecast: MicroStrategy buys another $4.6 Billion BTC as Michael Saylor Predicts $100K rally.
Bitcoin price surged above the $92,000 mark on November 18 fueled by another record-breaking $4.6 billion BTC purchase from ...
bovnews
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Why MicroStrategy’s (MSTR) Bold Bitcoin Strategy is Fueling Its Stock Surge
MicroStrategy’s CEO and Executive Chairman, Michael Saylor, has been a vocal advocate for Bitcoin, positioning it as a superior store of value and a hedge against inflation. This commitment has drawn ...
CoinDesk
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Metaplanet Follows MSTR's Lead, Announces $11.3M Debt Sale for Additional Bitcoin Purchases
Sign up for Money Reimagined, was a weekly newsletter exploring the transformation of value in the digital age. By clicking ...
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MicroStrategy’s Michael Saylor to host New Year’s Eve party if bitcoin hits $100,000
The bitcoin maximalist is bullish on the cryptocurrency in the aftermath of Trump's successful White House bid.
Bitcoin Magazine
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MicroStrategy's Bitcoin Strategy Won't Work As Well for Other Companies
I see MicroStrategy's Bitcoin edge disappearing for other firms—this corporate treasury strategy becomes less effective as ...
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42 Billion Reasons Investors Should Be Extra Careful With MicroStrategy Stock
The danger for investors, however, is that raising capital to acquire a digital asset like Bitcoin can be an extremely risky ...
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