MicroStrategy has reinforced its position as the largest corporate Bitcoin holder by purchasing an additional 1,070 BTC for $101 million at an average acquisition price of $94,004 per Bitcoin. In its latest investor filing, the company reported a Bitcoin yield of 48% for Q4 2024 and 74.3% for the full ...
MicroStrategy revealed its intention to raise $2 billion through a preferred stock offering, signaling a significant step in further boosting its Bitcoin acquisition strategy. This initiative is part of MicroStrategy's 21/21 Plan, which targets raising $42 billion through a range of financial instruments over the next three years. The company, ...
MicroStrategy has continued its aggressive Bitcoin acquisition streak, announcing the purchase of an additional 2,138 BTC for $209 million. The company revealed in a press release that it acquired the cryptocurrency at an average price of $97,837 per Bitcoin. This marks MicroStrategy's eighth consecutive weekly Bitcoin acquisition, bringing its total ...
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 ...
