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MicroStrategy stock price rebounds
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.
MicroStrategy stock price rebounds after $200 million+ bitcoin purchase
MicroStrategy’s share price rose to $341.14, after a rocky 24 hours when share prices tanked 40%. Earlier this week, the firm – the world’s largest corporate holder of bitcoin – announced the acquisition of 2,
This Is How Much Bigger MicroStrategy's Bitcoin Stash Is Than the Next-Largest Corporate Holding
A big reason MicroStrategy ( MSTR -4.40%) was such a hot stock in 2024 is its bullish position on Bitcoin. The company is such a big believer in crypto that it's planning to raise $42 billion in capital during the next three years for the purpose of adding to its tally.
MicroStrategy to raise up to $2 billion in preferred stock to buy more bitcoin
MicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy more bitcoin. The business-software company and cryptocurrency play,
MicroStrategy Buys Bitcoin Again, Stock Falls
MicroStrategy bought about $209 million of bitcoin in the past week, making it eight weeks in a row that the company has acquired more of the digital currency.
Why MicroStrategy Shares Have Tanked 45% Despite Billions in Bitcoin Buys
MicroStrategy's share price has faced a prolonged plunge, falling 45% from its November peak as the firm's Bitcoin buys get smaller.
MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC
MicroStrategy's Bitcoin purchases 2,138 BTC, worth $209 million, reflecting a continued investment strategy in the growing market.
MicroStrategy Targets $2 Billion Capital Raise. It’s All to Buy More Bitcoin.
MicroStrategy is targeting a capital raise of up to $2 billion to continue to strengthen its balance sheet and acquire more Bitcoin, the business software company announced. The capital raise will be through one or more public underwritten offerings of perpetual preferred stock,
Better Bitcoin Stock: MicroStrategy vs. KULR Technology
MicroStrategy (NASDAQ: MSTR) and KULR Technology (NYSEMKT: KULR) both recently generated a lot of buzz with their big investments in Bitcoin (CRYPTO: BTC). Microstrategy, which started buying Bitcoin in 2020,
MicroStrategy (MSTR) Rallies 13% after Buying More Bitcoin
Shares of software company MicroStrategy ($MSTR) climbed to $339.66 on Friday following its recent plunge. The rally came after the company
ETF, Bitcoin and Strive
Vivek Ramaswamy's Strive files for bitcoin bond ETF, focusing on MicroStrategy
Strive Asset Management, co-founded by Trump ally Vivek Ramaswamy, has filed for a bitcoin (BTC-USD) bond ETF focused on convertible securities issued by MicroStrategy (NASDAQ:MSTR) or other companies that will invest all or most of the proceeds to buy the cryptocurrency.
Strive files to launch ‘bitcoin bond’ ETF
Strive Asset Management plans to launch an exchange traded fund investing in bonds issued by companies to pay for bitcoin investments, according to a regulatory filing. The ETF manager, co-founded and majority-owned by Vivek Ramaswamy,
Vivek Ramaswamy’s Strive Looks To Capitalize on MicroStrategy’s Bitcoin Strategy With New ETF
Strive is launching an ETF that invests in bonds issued by companies using the proceeds to acquire Bitcoin. The ETF will primarily target companies like
CoinDesk
6h
MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy's targeting the ...
EconoTimes
50m
MicroStrategy's Bold Bitcoin Bet: CEO Saylor Boosts Holdings with $209 Million Purchase
MicroStrategy CEO Michael Saylor recently announced that the company bought about 2,138 Bitcoin for nearly $209 million, with an average cost of $97,837 per coin. This marks the eighth consecutive ...
5d
Buy Bitcoin, Not MicroStrategy, If You Want Bitcoin Exposure
MicroStrategy announced on August 11, 2020, its first bitcoin purchase where it bought 21,454 bitcoins for $250 million or an ...
Crypto Briefing
2d
MicroStrategy doubles down on Bitcoin, plans $2 billion stock offering to fund more BTC buys
MicroStrategy seeks $2 billion stock offering to bolster Bitcoin investments, part of its '21/21 Plan' targeting equity and ...
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