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MicroStrategy resumes Bitcoin buying
Bitcoin Briefly Slides Below $90K, MicroStrategy Buys More
Bitcoin under $90K is not something we've seen since November, but recent economic data dimming hopes of rate cuts caused investor jitters that not even spot bitcoin ETFs inflows or MicroStrategy's latest buy could shake.
MicroStrategy resumes bitcoin buying, but prices keep falling
Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it resumed bitcoin purchases at prices well above current levels. The company continued to lean on shareholders to fund the purchases, as it used the $243 million raised through the sale of common stock.
Michael Saylor’s MicroStrategy buys another 2,530 Bitcoin worth $243 million
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisition strategy, has added another 2,530 BTC to its reserves. According to an 8-K filing with the Securities and Exchange Commission on Monday,
MicroStrategy Buys $243 Million More Bitcoin
MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.
Cantor boosts MicroStrategy's price target as bitcoin drives treasury profits
Cantor analyst sees MicroStrategy stock rising as the company continues to add bitcoin to its balance sheet, despite a recent BTC price slump.
Breaking: Michael Saylor’s MicroStrategy Buys $243M in Bitcoin, MSTR Stock Falls
MicroStrategy acquired 2,530 BTC worth $243 million, raising the total Bitcoin holdings to 450,000. MSTR stock falls after BTC price crash.
The Daily Hodl
5h
MicroStrategy Now Holds 450,000 BTC After Acquiring $243,000,000 Worth of BTC in Latest Purchase
Michael Saylor's MicroStrategy is at it again, adding another 2,530 Bitcoin (BTC) to its digital treasure trove.
15h
MicroStrategy Added 2,530 Bitcoin for $243M, Bringing Holdings to 450K BTC
In the week ending Jan. 12, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC.
4d
on MSN
MicroStrategy: The Stock That Could Burn You With Bitcoin
The consensus price target for MicroStrategy is just under $550 a share, 70% above its current level. The warning signs are ...
3h
New Bitcoin accounting rules spark a corporate crypto gold rush
Shifting regulatory frameworks inspire businesses to consider bitcoin reserves, potentially igniting mainstream acceptance ...
decrypt
1d
Beyond MicroStrategy: 7 More Publicly Traded Companies That Are Stockpiling Bitcoin
A growing number of public companies are stacking up Bitcoin as the asset becomes more valuable, emulating MicroStrategy's ...
12d
This Is How Much Bigger MicroStrategy's Bitcoin Stash Is Than the Next-Largest Corporate Holding
A big reason MicroStrategy ( MSTR -2.85%) was such a hot stock in 2024 is its bullish position on Bitcoin. The company is ...
Crypto Briefing
3d
Meta urged to consider Bitcoin Treasury shareholder proposal
Meta is urged by advocacy group to consider Bitcoin corporate treasury, highlighting its potential as an inflation hedge.
4d
on MSN
MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?
MicroStrategy co-founder Michael Saylor has adopted an aggressive Bitcoin acquisition strategy that onlookers say is either a ...
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