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MicroStrategy adds 51,780 more bitcoins
MicroStrategy adds 51,780 more bitcoins to stash for $4.6B
Following its usual approach, MicroStrategy (NASDAQ:MSTR) raised more capital through a stock sale to pile into its bitcoin holdings, the company disclosed on Monday in an SEC filing. The purchases came during a week when bitcoin (BTC-USD) scaled to new highs,
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.
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 for $4.6 billion over
Coingape
43m
Breaking: MicroStrategy Acquires 51,780 BTC For $4.6 Billion
In a press release, the company announced that it has purchased 51,780 BTC for $4.6 billion at an average price of $88,627 ...
18h
on MSN
Is It Too Late to Buy MicroStrategy Stock?
Bitcoin is soaring again. The cryptocurrency's price recently passed $90,000 to a new all-time high. It's up by close to ...
The Daily Hodl
1h
‘Infinite Money Glitch’ Putting MicroStrategy at Risk of Liquidation, According to BitMEX Research
Michael Saylor and MicroStrategy's system of issuing bonds to buy Bitcoin (BTC) comes with substantial risk, according to ...
bovnews
1h
Why Did Maxim Group Give MicroStrategy Inc (MSTR) Stock Buy Rating?
On Friday, MicroStrategy Inc (MSTR) stock saw a modest uptick, ending the day at $340.65 which represents a slight increase of $12.98 or 3.96% from the prior close of $327.67. The stock opened at $336 ...
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 ...
Bloomberg L.P.
5d
MicroStrategy Drives US Convertible Returns After Bitcoin Rally
MicroStrategy
Inc. is powering returns in the $310 billion market for US convertible bonds on the back of Bitcoin’s ...
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
on MSN
1 Top Cryptocurrency to Buy Before It Soars 15,000%, According to Billionaire Michael Saylor of MicroStrategy
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
4h
Zacks Investment Ideas feature highlights: Nasdaq 100 Index ETF, Tesla, Coinbase, MicroStrategy and Root
Nasdaq 100 Index ETF, Tesla, Coinbase, MicroStrategy and Root have been highlighted in this Investment Ideas article.
5d
on MSN
MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s ...
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