MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B
With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.
Bitcoin Price Prediction: MicroStrategy Buys Another $458M BTC As Experts Say This New ICO Might Be The Best Crypto To Buy Now
This comes as Michael Saylor’s MicroStrategy announced that it had purchased an additional $458 million worth of Bitcoin. After purchasing the 7,420 BTC, the company confirmed that it now holds a remarkable 252 BTC acquired at an average cost of $39,266.
Microstrategy buys additional $458 million worth of Bitcoin, now holds 252,220 BTC
Michael Saylor’s Microstrategy has ramped up its stash of Bitcoin assets by purchasing an additional 7,420 Bitcoin worth $458 million.
MicroStrategy Buys Additional $489 Million Worth of Bitcoin
MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.
MicroStrategy adds 7,420 BTC to its stash, reveals $1 billion in cash for another buying round
Microstrategy acquires 7,420 bitcoin for $458.2 million, bringing its total holdings to 252,220 BTC valued at $9.9 billion.
MicroStrategy Buys Another $458M Bitcoin, New ATH Soon?
MicroStrategy, the leading publicly traded corporate holder of Bitcoin (BTC), has continued its BT buying spree. On Friday, September 20, 2024, the company
MicroStrategy Continues Bitcoin-Buying Spree, Purchases an Additional $458,200,000 Worth of BTC
MicroStrategy, the world's largest corporate holder of Bitcoin, has purchased an additional $458.2 million worth of BTC.
Bitcoin Price Eyes $70k as MicroStrategy Invests Another $458M after Fed rate cut
Bitcoin price crossed the $64,100 mark on Sept 20, up 22% in 14-days, the rally has been linked to MicroStrategy’s latest $458.2M BTC buys and US Fed rate cut.
Is MicroStrategy Stock a Buy Now?
MicroStrategy's decision to perform a stock split came on the heels of its share price skyrocketing over 100% in 2024. In ...
MicroStrategy Raises $1 Billion to Buy Bitcoin, Redeem Notes
MicroStrategy Inc. said it raised $1.01 billion through the sale of convertible senior notes to purchase more Bitcoin and ...
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MicroStrategy’s $510 Bitcoin Bet After Debt Clearance
MicroStrategy raised $1.01 Billion funds and shall be repaying their debt of $500 Million and remaining fund will be used to ...
According to MicroStrategy's Michael Saylor, Now Is the Time to Go All-In on Bitcoin. Is He Right?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
MicroStrategy's Bitcoin Playbook Is Becoming A Hit Among Companies, But There's A Catch
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative ...
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How MSTR Stock Has Benefitted From MicroStrategy Bitcoin Adoption
The MSTR Stock has outperformed 100% of the S&P 500 since MicroStrategy Bitcoin adoption in 2020 thanks to Michael Saylor.
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MicroStrategy Incorporated (MSTR): AI Struggles vs. Bitcoin Gains
We recently published a list of 10 Worst Booming Stocks to Buy According to Short Sellers. In this article, we are going to ...
Bitcoin posts 5.5% weekly gain after rate cut, MicroStrategy increases holdings: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...