This comes as Michael Saylor’s MicroStrategy announced that it had purchased an additional $458 million worth of Bitcoin.
(RTTNews) - MicroStrategy Inc. (MSTR) announced Wednesday the pricing of its offering of $875 million in 0.625% convertible senior notes due in 2028. Earlier, the company was planning to offer $ ...
New leveraged and inverse ETFs offer increased exposure to MicroStrategy stock. MicroStrategy is a top-performing stock and continues to add Bitcoin to its balance sheet. "These are the first ETFs ...
MicroStrategy purchased over $1.1 billion in Bitcoin in six weeks, bringing total holdings to 244,800 Bitcoin worth $14.6 billion. Canaccord's valuation assumes 20% Bitcoin price appreciation, 15% ...
MicroStrategy proposed to issue $700 million of convertible senior notes, with $500 million to be used to redeem a previous tranche of notes. The remainder of the money could be used to buy ...
Instead, MicroStrategy is a Bitcoin proxy stock. Before the launch of the new spot Bitcoin ETFs in January, for example, people were buying MicroStrategy to get Bitcoin exposure. If you consider ...
Cathedra cited unpredictable profit margins as a cause for the shift. It was Michael Saylor whose MicroStrategy championed large corporations buying bitcoin (BTC) on the open market. Then ...
adopting a new strategy: acquiring as much Bitcoin as possible on the open market, following the approach of MicroStrategy. In a Sept. 16 “Bitcoin Treasury Strategy Memo,” Cathedra explained ...