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MicroStrategy Buys Another 12,000 BTC After Raising Over $800M From Convertible Notes

Business intelligence firm MicroStrategy has completed a $800 million fundraising effort to purchase additional Bitcoin (BTC). The company also used some excess cash and acquired 12,000 BTC, with its total…

Continue ReadingMicroStrategy Buys Another 12,000 BTC After Raising Over $800M From Convertible Notes

Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain

According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past week. The company, specializing in…

Continue ReadingMicrostrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain

Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale

Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s…

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MicroStrategy (MSTR) Stock Skyrockets Above $1,000, Dwarfs S&P 500, Nasdaq, Dow Jones

MicroStrategy, the Michael Saylor-co-founded business intelligence software giant that is also the largest corporate holder of Bitcoin, has seen its stock price go through the roof in recent weeks and…

Continue ReadingMicroStrategy (MSTR) Stock Skyrockets Above $1,000, Dwarfs S&P 500, Nasdaq, Dow Jones

MicroStrategy’s Bitcoin Bet Is Paying Off Big, Delivering 2x Returns

MicroStrategy’s Bitcoin holdings have become a major success, showcasing a strategy that has propelled the company to impressive unrealized gains. Co-founded by Chairman Michael Saylor, the business intelligence firm’s bold…

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Microstrategy Augments Bitcoin Portfolio by 3,000, Reaching 193,000 BTC Worth $9.88 Billion

On Monday, Feb. 26, 2024, Microstrategy’s Executive Chairman, Michael Saylor, shared that his company has expanded its bitcoin holdings by 3,000, elevating its total to 193,000 bitcoins valued at $9.88…

Continue ReadingMicrostrategy Augments Bitcoin Portfolio by 3,000, Reaching 193,000 BTC Worth $9.88 Billion

Microstrategy Chairman Says Bitcoin Is Superior to Other Asset Classes — Expects Capital to Keep Flowing Into BTC

Microstrategy’s executive chairman, Michael Saylor, sees bitcoin as “the strongest asset.” He believes that capital is going to keep flowing from other asset classes, such as gold and real estate,…

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