MicroStrategy Makes $4.6 Billion Bitcoin Purchase, MSTR Stock Soars
MicroStrategy invests $4.6B in Bitcoin, boosting its crypto holdings. MSTR stock surges as the company strengthens its position as a major Bitcoin holder.
MicroStrategy Bought $4.6B Worth Of Bitcoin Even As It Soared Over $90K Last Week
The technology company's latest purchase boosts its total bitcoin holdings to 331,200 BTC, which is worth roughly $30 billion at current prices.
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy Inc. shares were up 10% after the software company and cryptocurrency play purchased $4.6 billion of bitcoin. In an SEC filing Monday, MicroStrategy said that it acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash, at an average price of approximately $88,627 per bitcoin, inclusive of fees and expenses.
MicroStrategy's Bitcoin holdings soar to 331,200 following massive buy
The company is setting a trend for others to follow, and many are already taking note of its aggressive buying strategy.
Watch These MicroStrategy Levels as Stock Soars to Record High After Bitcoin Purchase
MicroStrategy shares could remain in focus on Tuesday after soaring to a new record high following news the software analytics company purchased an additional $4.6 billion of bitcoin. Monitor these important chart levels.
MicroStrategy to Sell $1.75 Billion of Convertible Debt to Buy More Bitcoin
MicroStrategy is taking advantage of its surging stock price to sell a $1.75 billion issue of convertible bonds and plans to use the proceeds to buy additional Bitcoin. After the close of trading Monday,
MicroStrategy Could Be A Multi-Trillion Dollar Company
MicroStrategy is Bitcoin's only investment bank with a rather permanent moat. Find out why MSTR stock is a Buy.
Coingape19h
Breaking: MicroStrategy Acquires 51,780 BTC For $4.6 Billion, MSTR Stock Rallies
In a press release, the company announced that it has purchased 51,780 BTC for $4.6 billion at an average price of $88,627 ...
Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency
Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency was originally published by The Motley Fool The ...
CoinDesk on MSN1d
Frenzy Alert: JPMorgan's Bitcoin Retail Sentiment Score Hits Record High, MSTR's Call Skew Soars
JPMorgan's retail sentiment score for BTC and BTC-tied assets hit a record high last week. MSTR's options market exhibited ...
coinspeaker1d
Michael Saylor: MicroStrategy Acquired 51,780 BTC Today, MSTR Rally to $400 Ahead?
The purchase was funded by selling 13.6 million MicroStrategy shares, continuing Michael Saylor's strategy of acquiring Bitcoin at any price.
AMBCrypto6h
MicroStrategy Bitcoin bet reaches $25.7B: ‘A perfect match!’
MicroStrategy’s Bitcoin strategy was paying off not only in crypto holdings but also in its stock performance. A chart shared by financial markets tracker Barchart showed that MSTR stock was ...
CoinDesk on MSN1d
Metaplanet Follows MSTR's Lead, Announces $11.3M Debt Sale for Additional Bitcoin Purchases
On Monday, Metaplanet announced on X that it is issuing one-year ordinary bonds with a guarantee totaling 1.75 billion yen ...
Seeking Alpha5d
MicroStrategy C Corp Means Double Taxation: $107 NAV Is Price Target
MicroStrategy may be overvalued at $350/share, with a NAV of $107/share. MSTR's C Corp structure results in double taxation ...
CCN on MSN3h
MicroStrategy (MSTR) Leads Bitcoin in 2024 Gains, Wins Wall Street’s Favor
Wall Street giants like Vanguard and BlackRock invest billions in MSTR for indirect Bitcoin exposure. MicroStrategy’s stock ...