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Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable figures, bitcoin’s price action remains subdued. Market analysts at QCP Capital shed light on…
MicroStrategy bought 11,391 BTC, worth around $786 million. The firm used proceeds from convertible notes and excess cash for its purchase. The post MicroStrategy adds 11,931 BTC to its holdings…
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per…
Just a day after announcing a $500 million convertible senior note offering to purchase more BTC, among other goals, Michael Saylor’s brainchild increased its target to $700 million. The company’s…
Bitcoin may have struggled to reclaim its position above the recently established all-time high of over $73,000, but prominent brokerage firm Bernstein remains optimistic about the asset’s future trajectory. In…
According to Bernstein, Bitcoin may reach $1 million by 2033, with MicroStrategy's strategic holdings poised to benefit. The post Bitcoin set to reach $1M by 2033, forecast Bernstein analysts appeared…
Business intelligence firm and long-time Bitcoin holder MicroStrategy announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. Interestingly, the proceeds of this initiative will…
Microstrategy has announced its intention to offer $500 million of convertible senior notes due 2032 in a private offering, subject to market conditions. The company also expects to grant the…
Metaplanet, a Japanese company, announced on June 11 a purchase of 23.351 BTC worth about $1.59 million, elevating its BTC holdings to 141.07, worth $9.6 million. This pro-bitcoin move by…
California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024,…