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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 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 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.
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 ...
The Daily Hodl
4h
‘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 ...
coinspeaker
1h
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.
1h
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 ...
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 ...
Coingape
3h
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 ...
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