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MicroStrategy Buys More Bitcoin for 7th Consecutive Week
MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
MicroStrategy Buys More Bitcoin for Seventh Consecutive Week
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
Bitcoin Fails to Benefit From Microstrategy’s Latest Purchases
Bitcoin struggled to regain material upward momentum even after Microstrategy announced it had added to its bitcoin holdings.
Bitcoin, MicroStrategy and Share Gamble
MicroStrategy Wants Ability to Issue Enough Shares to Buy All World’s Bitcoin
MicroStrategy Chairman and controlling shareholder Michael Saylor has grand ambitions and is one of the world’s biggest champions of Bitcoin. Now the company is asking shareholders for approval to boost the authorized amount of the company’s class A common shares outstanding to 10.
MicroStrategy’s Bitcoin Bet: Saylor’s Risky 10 Billion Share Gamble
Discover how Michael Saylor's MicroStrategy is betting big with a 10 billion share increase to invest in Bitcoin. Dive into the risks and stakes.
MicroStrategy Shares Fall Amid $516 Million Bitcoin Buy and Nasdaq-100 Entry
MicroStrategy unveiled a Bitcoin purchase for the seventh consecutive week, topping off its corporate coffers alongside its Nasdaq-100 debut.
4d
MicroStrategy Hits The Nasdaq 100: What It Means For The Bitcoin Firm
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on ...
CoinDesk
7d
How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin
Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — ...
cryptoglobe
10d
MicroStrategy and Bitcoin: A Perpetual Machine or a House of Cards?MicroStrategy and Bitcoin: A Perpetual Machine or a House of Cards?
Is it a perpetual money machine or a high-stakes gamble dependent on Bitcoin's price? Examining the risks, rewards, and ...
The Daily Hodl
1d
31% of All Bitcoin Holdings Now Belong to ETFs, Governments and Microstrategy (MSTR): CryptoQuant CEO
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
CoinDesk
8d
MicroStrategy Boosts Bitcoin Holdings to 439,000 BTC Following Nasdaq 100 Inclusion
MicroStrategy has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC.
coinspeaker
1d
MicroStrategy to Expand Bitcoin Holdings, Calls for Special Shareholders Meeting
The first proposal that MicroStrategy is looking at is to increase Class A shares. It plans to raise the number of authorized Class A shares from 330 million to 10.33 billion. Expectedly, this move ...
1d
MicroStrategy bags 5.2K Bitcoin at average BTC price of $106K
MicroStrategy bought 5,262 BTC at an average price of roughly $106,662, the highest cost the firm has ever paid per BTC.
2d
on MSN
MicroStrategy Stock Is Up 400% This Year—What You Need to Know About the Bitcoin Proxy
MicroStrategy shares have gained more than 400% since the start of the year thanks to investor optimism about the software ...
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