MicroStrategy increases convertible note offering by 25% to buy more Bitcoin

MicroStrategy has raised its convertible note offering to $875 million, with plans to use the proceeds for redeeming existing debt and acquiring more Bitcoin. Business intelligence firm MicroStrategy, one of the largest corporate holders of Bitcoin (BTC), said in a…

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MicroStrategy to Raise $700M via Convertible Note Sale, Eyeing Bitcoin Growth

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MicroStrategy to Issue More Debt Following Mammoth Bitcoin Purchase

MicroStrategy is not done buying Bitcoin

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MicroStrategy doubles down on Bitcoin, proposes $700M convertible notes to fund BTC acquisition

MicroStrategy's aggressive Bitcoin strategy could significantly influence corporate investment trends and the broader cryptocurrency market. The post MicroStrategy doubles down on Bitcoin, proposes $700M convertible notes to fund BTC acquisition appeared first on Crypto Briefing.

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Michael Saylor's MicroStrategy Now Owns 1.17% of All Bitcoin: Details

MicroStrategy has steadily increased its Bitcoin holdings

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Erik Voorhees Makes Important Comment on MicroStrategy's Latest Bitcoin Buy

Bitcoin OG Voorhees shares take on MicroStrategy's recent huge Bitcoin acquisition

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MicroStrategy nears $10 billion invested in Bitcoin with latest BTC acquisition

MicroStrategy's massive Bitcoin investment underscores growing institutional confidence in cryptocurrency as a long-term asset. The post MicroStrategy nears $10 billion invested in Bitcoin with latest BTC acquisition appeared first on Crypto Briefing.

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Bitcoin reserve garners support, MicroStrategy seeks to raise $2b, startups secure $107m in VC | Weekly Recap

A Bitcoin reserve bill from Republican Senator Cynthia Lummis continues to receive a groundswell of support, but at least one critic calls it a “disaster.” Plus, MicroStrategy files to raise $2 billion to buy more Bitcoin, and crypto-related startups continue…

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MicroStrategy seeks raising $2b to buy more Bitcoin

MicroStrategy is seeking to raise $2 billion by selling its class A shares to buy more Bitcoin as well as repay debt. MicroStrategy, the world’s largest public Bitcoin (BTC) holder, filed a regulatory filing on Aug. 1, seeking to raise…

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MicroStrategy stock rises as Bitcoin price pierces the falling wedge

MicroStrategy stock price was higher by 3% Monday morning as Bitcoin retested the crucial resistance at $70,000. Bitcoin stocks are rising Bitcoin-related stocks rallied in the pre-market session as Bitcoin (BTC) continued its rebound.

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MicroStrategy’s Saylor says first country to buy Bitcoin by issuing currency ‘wins’

MicroStrategy executive chairman Michael Saylor said Bitcoin could help solve half the world’s economic problems, especially for countries struggling with challenges related to rising national debt.

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MicroStrategy's Notes Offering to Buy Bitcoin Sees Surprising Twist

Unexpected twist in MicroStrategy's notes offering to buy Bitcoin unveiled, along with intriguing pricing details

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MicroStrategy issues $500M in convertible notes to buy more Bitcoin

MicroStrategy is set to offer $500 million in convertible senior notes due in 2032 to finance more Bitcoin acquisitions. This private offering targets qualified institutional buyers and seeks to bolster the company’s resources amid volatile market environments.

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MicroStrategy plans $500M stock sale to buy more Bitcoin

MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset.

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15% decline in MSTR share price amid non-adoption of new FASB Bitcoin standards

Quick Take MicroStrategy, the business intelligence firm, has further solidified its position as a Bitcoin corporate treasury, holding approximately 1% of the total Bitcoin supply. During the first quarter of 2024, MicroStrategy acquired an additional $1.

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MicroStrategy Q1 net loss hits $53.1M, but Bitcoin buying spree continues

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

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MicroStrategy to Host Bitcoin For Corporations Conference – Pioneering Bitcoin Adoption

MicroStrategy World and the Bitcoin for Corporations conference is set to gather leaders of Fortune 1000 companies to educate on trends in AI and analytics, and the strategic advantages of integrating Bitcoin into business operations.

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MicroStrategy Completes Latest 9,000 Bitcoin Buy

MicroStrategy has completed another significant Bitcoin buy, using funds from a private offering of $623 million in convertible notes to fund a purchase of 9,245 BTC, bringing the company's total holdings to 214,246 Bitcoin, more than 1% of the total supply.

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MicroStrategy To Raise Another $500 Million Via Debt Offering To Snap Up More Bitcoin

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How MicroStrategy's Bitcoin strategy paid off this bull run

MicroStrategy, led by Michael Saylor, is making big waves in the stock market. Renowned for its fervent embrace of Bitcoin [BTC], the company has witnessed an astonishing surge in its shares, withThe post How MicroStrategy's Bitcoin strategy paid off this bull run appeared first on AMBCrypto.

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MicroStrategy spends $821 million to grow its Bitcoin hoard to 205,000

MicroStrategy has increased its Bitcoin stash to more than 200,00 after acquiring 12,000 Bitcoin for $821 million between Feb. 26 and Mar. 10, according to a Mar. 11 SEC filing. This purchase was primarily financed by the net proceeds from its recent convertible debt offering, alongside excess cash reserves.

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MicroStrategy Completes Latest 12,000 Bitcoin Buy

MicroStrategy has completed another significant Bitcoin buy, using funds from a private offering of $600 million in convertible notes to fund a purchase of 12,000 BTC, bringing the company's total holdings to 205,000 Bitcoin.

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Saylor: Bitcoin ETFs surpass traditional assets, MicroStrategy expands to $700m investment

MicroStrategy CEO Michael Saylor sees Bitcoin ETFs outpacing gold and rivaling the S&P 500, with the company preparing a $700 million Bitcoin investment.

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Michael Saylor's MicroStrategy to Raise $600M to Buy More Bitcoin

MicroStrategy is the largest corporate owner of bitcoin, holding roughly $13 billion worth of BTC.

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MicroStrategy capitalizes on Bitcoin's 'gold rush era'

MicroStrategy bought 3,000 Bitcoins, increasing its total holdings to 193,000 BTC. Michael Saylor viewed Bitcoin as a superior investment compared to traditional stocks. In a recent strategiThe post MicroStrategy capitalizes on Bitcoin's 'gold rush era' appeared first on AMBCrypto.

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MicroStrategy’s bitcoin success sparks speculation on potential S&P 500 entry

MicroStrategy, the leading corporate holder of Bitcoin, has seen its investment in the cryptocurrency exceed $10 billion, with profits soaring above $4 billion as Bitcoin’s price approached $53,000.

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How and why is MicroStrategy's unique approach to holding Bitcoin paying off?

Former CEO Michael Saylor was pivotal to MicroStrategy's Bitcoin strategy The spot Bitcoin ETFs will likely help MSTR stock prices, instead of hurting it The business intelligence software vThe post How and why is MicroStrategy's unique approach to holding Bitcoin paying off? appeared first on AMBCrypto.

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MicroStrategy owns nearly 1% of Bitcoin’s circulating supply after new purchase

Quick Take MicroStrategy’s aggressive expansion into the Bitcoin market takes another leap as the firm adds 16,130 BTC to its coffers at $593. 3 million, procured at an average price of $36,785 per Bitcoin.

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MicroStrategy buys more Bitcoin in October - what now?

MicroStrategy held 158,400 Bitcoin in $4.69 billion, as of 31 October. Bitcoin was trading at $35,350 at press time. Virginia-based business intelligence firm MicroStrategy bought 155 BitcoiThe post MicroStrategy buys more Bitcoin in October - what now? appeared first on AMBCrypto.

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MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter.

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MicroStrategy Bitcoin Buy Strategy Might Be Impacted by ETF Approval, Here's How

Bitcoin corporate holder MicroStrategy holds nearly 158,245 BTC

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Crypto-related stocks soar as Bitcoin gains 10% on the day

Crypto-based firms like Coinbase and MicroStrategy experience notable upticks on the stock market and Bitcoin rallies.

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MicroStrategy's BTC Holdings Give It Huge Unrealized Profit as Bitcoin Pumps

As Bitcoin jumped more than 13% overnight, most persistent Bitcoin investor MicroStrategy has made staggering unrealized profit on BTC it holds

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MicroStrategy’s Bitcoin Plan Has Been Nothing But Lucrative – Here’s How Much They Generated

As the price of Bitcoin surges, MicroStrategy’s massive bet on the cryptocurrency continues to pay off in spades according to Lookonchain. The business intelligence firm, led by vocal Bitcoin bull Michael Saylor, holds an astonishing 158,245 bitcoins worth over $5.

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Bitcoin Jumps Above $31,000, Making MicroStrategy Profitable

Bitcoin's rally past $31,000 breathes new life into MicroStrategy's crypto venture, mirroring a broader market optimism fueled by potential Bitcoin ETF approval and its decoupling from altcoins.

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Bitcoin recent rally pushes MicroStrategy into over $110M in paper profit

MicroStrategy’s Bitcoin (BTC) investment is now in the green, boasting over $110 million in unrealized profits after the flagship asset jumped above $30,000 earlier today, according to CryptoSlate’s data.

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By The Numbers: Here’s How MicroStrategy’s Bitcoin Strategy Is Going

MicroStrategy’s Bitcoin holdings are now in profit again. MicroStrategy is well known to be one of the largest Bitcoin buyers in recent years. The company is such a believer in Bitcoin that it sold some of its stocks to increase its Bitcoin holdings.

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MicroStrategy boosts Bitcoin holdings as BTC sits tight near the $26k range

MicroStrategy buys additional Bitcoin worth $147.3 million The firm's Bitcoin hoardings were worth over $4 billion MicroStrategy's bullish stance on Bitcoin [BTC] continues to hold strong grThe post MicroStrategy boosts Bitcoin holdings as BTC sits tight near the $26k range appeared first on AMBCrypto.

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MicroStrategy adds $147m worth of Bitcoin to balance sheet

Michael Saylor, founder of MicroStrategy, announced that his company added 5,445 Bitcoin to its massive crypto holdings between Aug. 1 and Sept. 24.

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MicroStrategy Makes Major Bitcoin Buy

Bear market or not, MicroStrategy Chairman Michael Saylor remains committed to his company's Bitcoin treasury philosophy - announcing the purchase of another 5445 Bitcoin since August the 1st.

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MicroStrategy To Release Quarterly Updates On Bitcoin Holdings, Ignoring Impairment Losses

Software developer MicroStrategy is set to revamp its reporting of Bitcoin (BTC) holdings each quarter, thanks to a recent decision by the Financial Accounting Standards Board (FASB). Greater transparency into their financial health will be possible owing to this reform, which will permit businesses like MicroStrategy to declare the fair value of their Bitcoin holdings […]

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Michael Saylor Says Bitcoin ETFs Will Be the ‘Super Tanker’ for His MicroStrategy ‘Sports Car’

MicroStrategy (MSTR) CEO Michael Saylor said his software company will continue to be the go-to company for investors to gain exposure to bitcoin (BTC) without directly buying it, even if a spot bitcoin exchange-traded fund (ETF) is rolled out.

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MicroStrategy To Acquire More Bitcoin Using $750M Stock Sale Proceeds

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Bitcoin Supporter MicroStrategy Now Profitable Again

MicroStrategy, largest publicly traded holder of Bitcoin, has found its way back to profitability in second quarter

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MicroStrategy Buys 12,333 Bitcoin, Local Top for BTC Price?

Michael Saylor's MicroStrategy spends another $347 million worth on Bitcoin, expanding holdings

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Is The Bitcoin Ordinals Catalyst For A BTC Bull Market? – MicroStrategy’s Saylor Believes So

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MicroStrategy’s stock price more than doubles in 2023 in lockstep with Bitcoin

Bank of America and Fidelity have increased their MicroStrategy exposure in what appears to be a passive Bitcoin investment.

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With BTC above $30K, MicroStrategy Is Back in the Green

MicroStrategy co-founder Michael Saylors bitcoin position is no longer underwater. With Bitcoin trading for roughly $30,200, and an average purchase price of $29,803 per bitcoin, Saylor is now officially in...

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MicroStrategy moves to Bitcoin standard – firm now up +77%

Quick Take Yesterday, Microstrategy announced they acquired an additional 6,455 Bitcoin. The post MicroStrategy moves to Bitcoin standard – firm now up +77% appeared first on CryptoSlate.

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