Michael Saylor’s MicroStrategy has revealed that it would raise $42 billion from equity and fixed-income security to purchase Bitcoin in the next three years. As of the end of the…
Browsing: MicroStrategy
MicroStrategy is aiming to become the leading Bitcoin bank, leveraging Bitcoin-based financial instruments for growth. The company’s strategy focuses on raising funds through debt and equity to continuously expand its…
Key factors supporting this bullish outlook include increased institutional accumulation of Bitcoin and a potential $16 billion liquidity influx from FTX’s creditor distributions. Analysts predict a potential 171% increase in…
FTX is set to redistribute $16 billion to creditors in Q4 2024, which could significantly impact the crypto market by introducing a major liquidity influx. A 50 bps rate cut…
MicroStrategy’s Bitcoin holdings now total 252,220 BTC, reinforcing its leading position in institutional BTC investment. The company’s aggressive BTC strategy shows strong confidence in cryptocurrency as a primary reserve asset.…
MicroStrategy’s $700M debt issuance highlights its ongoing strategy to aggressively increase its Bitcoin holdings, reinforcing its long-term bullish stance. CEO Michael Saylor remains unwavering in his belief in Bitcoin’s potential,…
MicroStrategy Incorporated has disclosed that it acquired 18,300 Bitcoins for $1.11 billion between August 6 and September 12, 2024. The company’s co-founder, Michael Saylor, also owns Bitcoin worth $1 billion…
The Swiss and Norwegian central banks gain indirect Bitcoin exposure through significant holdings in MicroStrategy, aligning with a broader trend of institutional Bitcoin adoption. Norges Bank’s direct and indirect Bitcoin…
Bitcoin in trust by public companies has hit $13 billion globally. MicroStrategy and Metaplanet are two firms at the forefront of this move. Over the past year, public companies’ Bitcoin…
MicroStrategy plans to raise $2 billion to expand its Bitcoin holdings, currently at 226,500 BTC. The company remains committed to Bitcoin despite reporting a Q2 loss of $102.6 million. As…
BlackRock’s Larry Fink has revealed that he is a firm believer in Bitcoin and admits that he was completely wrong in his previous criticisms of the digital asset. BlackRock’s quarterly…
MicroStrategy’s stock surged 115% this year, surpassing Bitcoin’s gains. Maxim Group gave MicroStrategy a bullish rating with a $1,835 price target, citing optimism over its Bitcoin holdings. MicroStrategy (MSTR), led…
MicroStrategy’s latest acquisition increases its Bitcoin holdings to 226,331 BTC. The purchase of 11,931 bitcoins for $786 million signifies a strategic financial move. According to the United States Securities and…
Bernstein analysts have raised their Bitcoin price prediction from $150,000 to $200,000 by the end of 2025, driven by increased demand through ETFs and a reduced supply due to Bitcoin…
MicroStrategy Chairman Michael Saylor has labeled Ethereum and other top altcoins as investment contracts. The Bitcoin maxist discounts any hope of a spot Ethereum ETF. MicroStrategy Founder and Chairman Michael…
Michael Saylor introduced the Microstrategy Orange decentralized identity protocol at the company’s Bitcoin for Corporations event on Wednesday. The protocol is anchored on Bitcoin and relies on Ordinals inscriptions to…
JPMorgan has sounded an alarm that shows risks risk in MicroStrategy’s Bitcoin bets. The banking giant believes MicroStrategy’s exposure can trigger a sustained price crash for BTC. American banking giant…
MicroStrategy’s announcement of the convertible notes offering coincided with Bitcoin’s surge to over $68,000, amid increased demand from Bitcoin ETFs. MicroStrategy’s significant Bitcoin holdings and potential for further acquisitions can…
MicroStrategy has added another 3,000 BTC to its overall stash. The uptick in Bitcoin price has sent the company’s profit to $4.65 billion. MicroStrategy, an American Business Intelligence firm has…
MicroStrategy is inching closer to being one of the top 500 companies in the US, which would make it eligible for inclusion in the S&P 500 market index. Being part…