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Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings 

On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the…

Continue ReadingMicrostrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings 

Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise

Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706…

Continue ReadingMicrostrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise

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

Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment

In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an…

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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