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MicroStrategy Buys More Bitcoin for 7th Consecutive Week
MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
MicroStrategy Buys More Bitcoin for Seventh Consecutive Week
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
MicroStrategy Continues Bitcoin Buying Spree, Adds $561 Million Worth of BTC
Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total.
MicroStrategy paid well over $100,000 per coin
MicroStrategy Just Bought More Bitcoin. Its Latest Purchase Was a Lot Smaller.
The company, the largest corporate holder of the cryptocurrency, continued a string of weekly purchases that began in early November.
MicroStrategy paid well over $100,000 per coin in its latest bitcoin purchases
MicroStrategy’s stock falls after the sale of $561 million worth of shares was used to buy bitcoin at more than $106,000 each.
MicroStrategy acquired 5,262 bitcoins for about $561M from Dec. 16-22
In a regulatory filing, MicroStrategy (MSTR) disclosed that on December 23, the company announced that, during the period between December 16
decrypt
9h
MicroStrategy Shares Fall Amid $516 Million Bitcoin Buy and Nasdaq-100 Entry
MicroStrategy unveiled a Bitcoin purchase for the seventh consecutive week, topping off its corporate coffers alongside its ...
3d
MicroStrategy Hits The Nasdaq 100: What It Means For The Bitcoin Firm
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on ...
CoinDesk
5d
How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin
Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — ...
cryptoglobe
9d
MicroStrategy and Bitcoin: A Perpetual Machine or a House of Cards?MicroStrategy and Bitcoin: A Perpetual Machine or a House of Cards?
Is it a perpetual money machine or a high-stakes gamble dependent on Bitcoin's price? Examining the risks, rewards, and ...
11h
MicroStrategy bags 5.2K Bitcoin at average BTC price of $106K
MicroStrategy bought 5,262 BTC at an average price of roughly $106,662, the highest cost the firm has ever paid per BTC.
CoinDesk
7d
MicroStrategy Boosts Bitcoin Holdings to 439,000 BTC Following Nasdaq 100 Inclusion
MicroStrategy has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC.
11h
on MSN
MicroStrategy’s Long-Shot S&P 500 Bid Stokes Wall Street Agita
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc.
14h
MicroStrategy rides ‘red sweep' to 477% gain in 2024, topping almost all U.S. stocks
Of the 439,000 bitcoin that MicroStrategy owns, more than one-third have been purchased since Trump’s election victory last ...
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