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 $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 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.
Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.
MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B
The company purchased 7,420 bitcoin between September 13 and 19 for at an average price of $61,750.The firm upsized this week's convertible note
MicroStrategy Completes $1B Offering of Convertible Notes for Bitcoin and Debt Repayment
MicroStrategy completes a $1.01 billion convertible notes offering for Bitcoin and debt repayment. Here’s the latest.
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.
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 ...
According to MicroStrategy's Michael Saylor, Now Is the Time to Go All-In on Bitcoin. Is He Right?
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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 ...
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MicroStrategy doubles down on Bitcoin, proposes $700M convertible notes to fund BTC acquisition
MicroStrategy plans to issue $700M in convertible notes to redeem older debts and increase its Bitcoin holdings.
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 ...
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 ...
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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 ...