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MicroStrategy buys $2.03B worth of bitcoin
MicroStrategy Inc. (MSTR) has executed its largest bitcoin (BTC-USD) acquisition since initiating its cryptocurrency strategy four years ago. The company bought approximately 27,200 bitcoins for $2.03 billion.
MicroStrategy Stock Hits All-Time High as Bitcoin Breaks $88,000
Fresh off a $2 billion Bitcoin acquisition, MicroStrategy's share price hit an all-time high Monday, breaking a nearly 25-year-old record.
Will MicroStrategy's $42 Billion Bitcoin Bet Boost MSTR Stock Further?
MicroStrategy Inc (NASDAQ:MSTR) has made waves with its bold, billion-dollar bet on Bitcoin (CRYPTO: BTC). The company recently announced an aggressive acquisition plan, vowing to invest $42 billion into Bitcoin over the next three years.
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in cryptocurrency plays.
MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B
Michael Saylor's MicroStrategy, the largest corporate holder of bitcoin, has bought another 27,200 BTC for $2 billion.Its bitcoin stash was
MicroStrategy’s Surging Stock Looks Costly at 3 Times Value of Bitcoin Stake
The company is the largest corporate holder of Bitcoin, with a stake of 279,420 coins. It disclosed early Monday that it had bought the additional coins for about $2 billion from
MicroStrategy’s Bitcoin Holdings Exceed $20B, With ROI Hitting Over 100%
SaylorTracker data shows that MicroStrategy's Bitcoin portfolio is worth over $20.67 billion, with a return on investment (ROI) of 107.8%.
MicroStrategy Buys Another $2 Billion Bitcoin, Taking BTC Hoard Past $23 Billion As Analysts Eye BTC At $100K
MicroStrategy has acquired 27,200 more Bitcoin for over $2 billion, boosting the value of its portfolio to about $23.5 billion as some analysts say Bitcoin is headed for $100K. The firm said in a Nov.
MicroStrategy keeps buying up Bitcoin as the Trump election rally powers crypto higher
A major Bitcoin investment fund just announced a ten-figure buy of the cryptocurrency. MicroStrategy Inc. said Monday that it spent the the first weeks of November stockpiling the digital asset, and its shares are up 17% in Monday trading.
MicroStrategy Acquires Another 27,200 Bitcoin Worth $2 Billion
MicroStrategy now holds 279,420 Bitcoin, purchased at an average price of $42,692. Michael Saylor has utilized stock sales to grow MicroStrategy's Bitcoin holdings as a strategic corporate reserve asset.
Seeking Alpha
14h
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 ...
21h
Bitcoin Proxy MicroStrategy Director Sells 40K Company Shares Worth $12M As Stock Hits All-Time High
MicroStrategy Inc. (NASDAQ:MSTR) director Leslie J. Rechan has executed a significant sale of company shares, amounting to ...
1d
Bitcoin Price Forecast: BTC Crosses $90K as MicroStrategy, Blackrock and Elon Musk trigger $460 Billion Inflows
Bitcoin surged past $90K on Nov. 12, arket reports indicate U.S. corporate giants, notably MicroStrategy (MSTR) and BlackRock ...
1d
MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)
MicroStrategy's market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x. Learn more ...
Invezz
2d
Will MicroStrategy (MSTR) stock reach $300 as Bitcoin surpasses $82,000?
MicroStrategy holds over 252,000 Bitcoins acquired at an average price of $39,266. Observing how
MSTR
reacts as Bitcoin ...
2d
MicroStrategy (MSTR) Stock Trades Up, Here Is Why
Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) jumped 22% in the afternoon session after the ...
CoinDesk on MSN
8d
MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's ...
bovnews
2d
Why MicroStrategy Inc (MSTR) Stock is Currently 17.39% Above from Its 20-Day SMA?
On Friday, MicroStrategy Inc (MSTR) stock saw a decline, ending the day at $270.42 which represents a decrease of $-0.39 or -0.14% from the prior close of $270.81. The stock opened at $275.58 and ...
Inside Bitcoins
11d
Master2100 Price Prediction: MSTR Tops Meme Coin Gainers With 48% Leap, But Traders Eye This Presale Token With 1,384% APY
The Master2100 price has jumped 48% in the last 24 hours to trade at $2.68 as of 8 p.m. EST on a 72% leap in trading volume ...
Hosted on MSN
2d
What's Going On With MicroStrategy Stock Monday?
MicroStrategy Inc (NASDAQ:
MSTR
) shares are trading higher Monday after Bitcoin (CRYPTO: BTC) prices hit new all-time highs ...
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