Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC
Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion.
Microstrategy Now Has Over...
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin.
In a note to investors on Dec. 11, the business...
Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases
Citigroup has downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sell” rating after the company announced that it would offer $400 million convertible senior notes to buy more bitcoin. Microstrategy...
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company’s BTC Profit Eclipses Other...
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains...
$250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for...
The CEO of Nasdaq-listed billion-dollar company Microstrategy has made a strong bull case for bitcoin. He says there is a $250 trillion ocean of assets looking for the ideal...
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of...
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23...
Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000...
