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Bitcoin, MicroStrategy
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.
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 buys $4.6 billion in Bitcoin, boosts holdings to nearly $30 billion
MicroStrategy expands its holdings with a $4.6B Bitcoin acquisition, boosting its total to nearly $30B amid a crypto market rally.
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 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 $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 adds 51,780 more bitcoins to stash for $4.6B
The business software firm acquired ~51,780 bitcoins ( BTC-USD) for ~$4.6B, at an average price of ~$88,627 per bitcoin, between Nov. 11 and Nov. 17, the company said. On Nov. 18, MicroStrategy ( NASDAQ: MSTR) sold almost 13.
Hosted on MSN
1h
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Self-described Bitcoin Development Company MicroStategy (MSTR) added to its bitcoin {{BTC}} stack, purchasing 51,780 tokens ...
decrypt
1h
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.
1h
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 ...
43m
MicroStrategy acquires 51,780 BTC for $4.6 billion
Business intelligence firm MicroStrategy announced on Monday that it has purchased an additional 51,780 Bitcoin worth $4.6 ...
coinspeaker
44m
Michael Saylor: MicroStrategy Acquired 51,780 BTC Today, MSTR Rally to $400 Ahead?
The purchase was funded by selling 13.6 million MicroStrategy shares, continuing Michael Saylor's strategy of acquiring Bitcoin at any price.
CoinDesk
10h
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 ...
Bitcoin Magazine
3d
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 ...
3d
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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