MicroStrategy’s $42B Bitcoin bet is bullish for shareholders — Analyst

One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans. 

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MicroStrategy Plans to Buy $42 Billion Worth of Bitcoin

MicroStrategy has announced its plan to raise $42 billion to buy more Bitcoin

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MicroStrategy's Saylor Shares Stunningly Bullish Bitcoin Rumor

Several major banks might be able to start offering Bitcoin custody services, according to MicroStrategy co-founder Michael Saylor

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$175 Million Added to MicroStrategy's Offering: Is Target Bitcoin?

MicroStrategy ups its funding to $875 million, reinforcing plans to buy more Bitcoin

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MicroStrategy doubles down on Bitcoin with $700M - Here's everything to know!

MicroStrategy plans a $700 million convertible note offering amid Bitcoin market uncertainty. MicroStrategy now holds 1.17% of the total Bitcoin supply, increasing its crypto dominance. MicrThe post MicroStrategy doubles down on Bitcoin with $700M - Here's everything to know! appeared first on AMBCrypto.

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MicroStrategy Buys Additional 18,300 Bitcoin (BTC)

MicroStrategy now holds 244,800 Bitcoin

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MicroStrategy adds 18,300 Bitcoin, now holds $14.14B worth of BTC

MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over 8 million company shares through a sales agreement.

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'Each Day I Grow More Bullish': MicroStrategy CEO Speaks out on Bitcoin

Michael Saylor's AI-powered post with Wall Street bull shows his unshakable Bitcoin optimism as MicroStrategy gears up for another big purchase

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MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share

Quick Take Q2 2024 Highlights On Aug. 1, MicroStrategy announced its Q2 results, highlighting a significant milestone as its total Bitcoin holdings reached 226,500 BTC. The company reported several key financial moves in Q2 2024, according to their quarterly presentation, including raising $800 million through 2032 convertible notes, calling $650 million of 2025 convertible notes, […] The post MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share appeared first on CryptoSlate.

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MicroStrategy’s stock performance soars amid Bitcoin rally

MicroStrategy’s stock outperformed major tech stocks due to its significant Bitcoin holdings, surging 15% recently. Since the start of 2024, MicroStrategy’s stock price has risen by 135%, driven by Bitcoin’s rally.

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MicroStrategy stock outshines U.S. tech giants: Thanks to Bitcoin?

MicroStrategy outperformed other major stocks in terms of price performance. The price of BTC retained the $65,000 level at the time of writing. Bitcoin's [BTC] recent rally has generated a The post MicroStrategy stock outshines U.

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MicroStrategy's Enormous Bitcoin Purchase Announced by Michael Saylor: Details

Breaking: MicroStrategy has acquired additional $768 million worth of Bitcoin

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MicroStrategy Plans $500 Million Convertible Debt Offering To Snatch Up Even More Bitcoin 

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MicroStrategy decentralized identity solution leveraging Ordinals attracts criticism from core Bitcoin proponents

MicroStrategy’s chairman, Michael Saylor, revealed the firm’s ambitious plan to introduce a decentralized identity solution called MicroStrategy Orange on the Bitcoin network during his Bitcoin For Corporations talk on May 1.

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MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

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Here's How Much Michael Saylor's MicroStrategy Now Owns in Bitcoin

MicroStrategy's Bitcoin stash remains focal point for crypto community

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Michael Saylor's MicroStrategy Reveals Bitcoin Wins and Losses

MicroStrategy's latest financial report sheds light on its Bitcoin journey, revealing both successes and setbacks

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Bitcoin Bull Michael Saylor Dumps 370,000 MicroStrategy Stocks During 80% Price Rally

Amid MicroStrategy's 80% stock price surge in 2024, Bitcoin advocate Michael Saylor executes strategic move, selling 370,000 shares

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'Bitcoin a better investment than MicroStrategy' - Is it really?

MSTR and Bitcoin prices dropped, signaling a broader market downturn. Kerrisdale Capital suggests BTC is a better investment than MicroStrategy stock. The market seems to have been on a loweThe post 'Bitcoin a better investment than MicroStrategy' - Is it really? appeared first on AMBCrypto.

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Hedge Fund Goes Long Bitcoin, Short MicroStrategy: Details

Kerrisdale Capital, a hedge fund, today disclosed a nuanced investment thesis: going long on Bitcoin while concurrently taking a short position on MicroStrategy shares. This move is predicated on the assessment that MicroStrategy, which has positioned itself as a de facto Bitcoin investment vehicle, is trading at a significantly unjustified premium to the underlying cryptocurrency […]

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Bitcoin is ‘winning,’ compared to S&P 500, MicroStrategy’s Michael Saylor says: Others disagree

Economist Peter Schiff clapped back at Saylor's approach to Bitcoin: If BTC plummets to $20,000, MicroStrategy could incur $3.25 billion in losses.

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MicroStrategy's Saylor Offered to Buy Out Shareholders Before Buying Bitcoin

Speaking at the 2024 Abundance360 Summit, MicroStrategy CEO Michael Saylor offered new details on his historic 2020 Bitcoin purchases.

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MicroStrategy Now Owns Over 1% of the Total Bitcoin Supply

MicroStrategy now owns over 1% of all Bitcoin after acquiring an additional 9,245 BTC, cementing its status as a major player in the cryptocurrency market with holdings valued at $7.53 billion. The post MicroStrategy Now Owns Over 1% of the Total Bitcoin Supply appeared first on BeInCrypto.

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Brace For Impact: MicroStrategy Is Planning Another $500 Million Bitcoin Purchase

American business intelligence and software development company, MicroStrategy has unveiled new plans to acquire an additional Bitcoin, further bolstering its already substantial BTC holdings. MicroStrategy Mega Bitcoin Purchase In The Works In a recent press release published on MicroStrategy’s official website, the software development company announced plans to raise $500 million in convertible debt offerings to purchase more Bitcoin.

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MicroStrategy buys $820m in Bitcoin after debt security sale

As Bitcoin usurped silver as the eighth most valuable asset, Michael Saylor’s MicroStrategy filled its digital coffers with more cryptocurrency. 

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MicroStrategy Trumps BlackRock With New 12,000 BTC Buy at $72,000 Bitcoin Price

MicroStrategy's purchase of 12,000 Bitcoins at $72,000 each solidifies its lead in corporate Bitcoin ownership, surpassing BlackRock

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From tech boom to Bitcoin era: MicroStrategy’s journey to a $20 billion market cap

Quick Take MicroStrategy (MSTR), known for its significant bitcoin treasury, has experienced an impressive financial climb, concluding 24% higher after the March 4 close, placing its current trading value at $1,334.

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MicroStrategy Announces Major Bitcoin (BTC) Purchase

MicroStrategy bolsters its Bitcoin portfolio with a $155 million purchase

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MicroStrategy Continues To Make Major Bitcoin Buys

Bull market or not, MicroStrategy Chairman Michael Saylor remains committed to his company's Bitcoin treasury philosophy - with MicroStrategy adding another 31,755 Bitcoins to its holdings in just the last three months.

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$593 Million Bitcoin (BTC) Purchase Announced by MicroStrategy

MicroStrategy significantly expanded its Bitcoin portfolio with purchase of whopping 16,130 coins

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MicroStrategy up $1.2B on its holdings as Bitcoin rallies

Bitcoin’s (BTC) recent rally to a yearly high of more than $37,000 has pushed MicroStrategy‘s multibillion-dollar bet on the flagship digital asset into a whopping profit of more than $1 billion.

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Here’s How Much Bitcoin MicroStrategy Holds After Recent Purchase

Michael Saylor has announced how much Bitcoin MicroStrategy now owns after buying another BTC lump last month

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MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3

MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday.

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MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge

Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter.

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Bitcoin: Despite MicroStrategy's conviction, why are profits elusive?

MicroStrategy recently invested $147.3 million into Bitcoin, increasing its holdings to $4.7 billion. However, Bitcoin needed to pass $30k to ensure profits. Recently, MicroStrategy was in tThe post Bitcoin: Despite MicroStrategy's conviction, why are profits elusive? appeared first on AMBCrypto.

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MicroStrategy Resumes Buying Spree By Splashing Another $147M On Bitcoin

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MicroStrategy has spent another $147 million on buying Bitcoin

Bitcoin has slipped rather significantly over the past couple of months – weakness that MicroStrategy Inc (NASDAQ: MSTR) used to increase its exposure to the world’s largest cryptocurrency.

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MicroStrategy’s Bitcoin Investment Suffers – Currently Down $600M

MicroStrategy's Bitcoin bet has turned negative following the recent market crash that pushed its value to $25k. The post MicroStrategy’s Bitcoin Investment Suffers – Currently Down $600M appeared first on BeInCrypto.

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MicroStrategy’s Bold Bitcoin Bet: A Thrilling Tale of Profit and Persistence

MicroStrategy’s steadfast belief in Bitcoin has proven to be a wise investment strategy, as the company’s significant BTC holdings have begun to yield substantial returns. Despite facing challenges such as the bear market and industry crises, MicroStrategy remained committed to accumulating Bitcoin, and their patience seems to be paying off. $200M In Profit For MicroStrategy […]

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Former MicroStrategy CEO Says Bitcoin Rally Just Getting Started

MicroStrategy is a business intelligence firm and one of the biggest holders of Bitcoin, the world’s most valuable cryptocurrency by market capitalization. And Michael Saylor, the former CEO of MicroStrategy, believes the cryptocurrency market is bottoming, and a Bitcoin rally is on the horizon.

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MicroStrategy bitcoin holdings keep growing: what it means for crypto

MicroStrategy, the business intelligence software company, has been known for its ever-growing portfolio since 2020. The company’s positive stance and love for bitcoin (BTC) have been met with both applause and condemnation, which begs the question: is MicroStrategy’s ever-growing bitcoin…

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1 in every 138 Bitcoins are now owned by MicroStrategy, but it doesn’t make much sense

Key Takeaways MicroStrategy has purchased another thousand Bitcoin, taking their holdings to 140,000 at an average price of $28K The total investment is now $4.2 billion, with the company’s fate tied to the Bitcoin price CEO Saylor remains ultra-bullish, but has no regard for risk management For investors, someone may as well just purchase Bitcoin […] The post 1 in every 138 Bitcoins are now owned by MicroStrategy, but it doesn’t make much sense appeared first on CoinJournal.

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MicroStrategy Buys Another 1,045 Bitcoin for $23.9M

Software company MicroStrategy (MSTR) purchased 1,045 bitcoin for a total of $23.9 million in cash between March 23 and April 4, according to an SEC filing.

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MicroStrategy adds another 1,045 Bitcoin to its growing crypto treasury

MicroStrategy buys another 1,045 Bitcoin for $29.3 million, taking its total holdings to 140,000 BTC worth over $12.6 billion.

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MicroStrategy acquires Bitcoin worth $150M, makes repayment on Silvergate loan

MicroStrategy said it spent roughly $150 million to acquire 6,455 Bitcoin (BTC) between February 16 and March 23, according to a March 27 SEC filing. The post MicroStrategy acquires Bitcoin worth $150M, makes repayment on Silvergate loan appeared first on CryptoSlate.

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MicroStrategy’s Bitcoin holdings were valued at $2.2B in Q4 2022

MicroStrategy, known for its repeat investments in Bitcoin, purchased more of the digital asset last quarter, according to a February 2 investor report. The post MicroStrategy’s Bitcoin holdings were valued at $2.2B in Q4 2022 appeared first on CryptoSlate.

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Tax attorney breaks down the MicroStrategy Bitcoin sale

MicroStrategy’s recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight.

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MicroStrategy Doubles Down On Bitcoin Bet With $56.4 Million Purchase

There have been a lot of rumors lately surrounding MicroStrategy and the massive stash of bitcoin the company currently owns. Most of these have revolved around the possibility of MicroStrategy having to sell off its bitcoin.

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MicroStrategy Bitcoin Bet Backfires, Holding Losses Near $1 Billion – What Now?

Michael Saylor, founder and CEO of MicroStrategy, placed a large wager on Bitcoin that did not appear to pay off. But as the sages would say, you’ll never know what you’re gonna get, unless you try.

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