On November 22, Michael Saylor, Executive Chairman of MicroStrategy, announced the successful completion of the company's offering of convertible senior notes, set to mature on December 1, 2029. MicroStrategy netted approximately $2.97 billion in proceeds from the sale of the notes after accounting for purchaser discounts. The funds will be ...
MicroStrategy, the largest corporate holder of Bitcoin, has announced a plan to raise $42 billion in capital over the next three years to expand its Bitcoin reserves as part of its new "21/21 Plan." This plan, named for its objective of raising $21 billion each from equity sales and fixed-income ...
Crypto mining firm Vortex Brands will start buying MicroStrategy stocks as part of a fresh investment strategy. According to the firm, the move is designed to leverage MicroStrategy's Bitcoin-focused business model and capitalise on its potential growth. According to an August 28 press release, the firm has acquired an initial ...
ETF issuer Defiance has launched MSTX, the first single-stock long-leveraged ETF for MicroStrategy, according to a press release issued on Thursday, August 15. This innovative financial product aims to provide 175% long daily targeted exposure to the investment firm, which has become synonymous with Bitcoin holdings among public companies. Sylvia ...
MicroStrategy, the largest corporate holder of Bitcoin and the world's first Bitcoin development company has released its financial results for the second quarter of 2024, which ended on June 30. The company reported that its Bitcoin holdings have reached 226,500 BTC, with a market value now 70% higher than the ...
MicroStrategy has announced plans to fully redeem its outstanding Convertible Senior Notes starting July 15, 2024, at a price equal to the principal amount plus any accrued interest. Notably, these notes are due in 2025 and are worth a total of $650 million. The company advised that holders submit their ...
MicroStrategy, an American software company known for pioneering the addition of Bitcoin to its corporate balance sheet, is further immersing itself in the Bitcoin ecosystem. During the MicroStrategy World conference in Las Vegas, Michael Saylor, the firm’s co-founder and executive chairman, unveiled plans to introduce a decentralized identity protocol named ...
Michael Saylor, MicroStrategy CEO, said that the demand for Bitcoin (BTC) investment products is about ten times larger than the supply available in the crypto market. In an interview with CNBC, Saylor expressed optimism for the crypto market. He believes that the SEC's approval of Bitcoin ETFs spurred a notable ...
MicroStrategy, a leading corporate investor in bitcoin (BTC), continues its strategic accumulation of the cryptocurrency by acquiring 14,620 BTC for approximately $615.7 million. This purchase elevates the company's total BTC holdings to 189,150, with an estimated market value surpassing $5.9 billion. CEO Michael Saylor confirmed the news of this purchase ...
During a Bloomberg interview on June 13, 2023, Michael Saylor, co-founder of MicroStrategy, shared his belief that recent enforcement actions by the U.S. Securities and Exchange Commission (SEC) will ultimately benefit Bitcoin. Saylor suggested that increased regulatory scrutiny of cryptocurrency companies in the United States could lead to the emergence ...
