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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 buys 5,262 more bitcoins with share sale proceeds
MicroStrategy Incorporated (NASDAQ:MSTR) said on Monday it acquired 5,262 bitcoins at an average price of $106,662 each, using proceeds from the sale of 1.32 million shares, which raised $561 million.
5h
on MSN
MicroStrategy shares slump on first day in the Nasdaq 100 index: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
13h
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 ...
11h
on MSN
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 ...
cryptonews
12h
MicroStrategy Acquires 5,262 BTC for $561M, Total Holdings Reach 444,262 BTC
MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million.
12h
‘Tipping Point’—Crypto Braced For $280 Trillion Price Bitcoin Reserve After Trump Picks
Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance ...
1d
on MSN
Scaramucci Defends MicroStrategy's Bitcoin Strategy, Predicts Long-Term Crypto Growth
Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., ...
11h
on MSN
MicroStrategy joins Nasdaq 100 while Sol Strategies enters CSE 25 index
MicroStrategy joins the Nasdaq 100, reflecting its Bitcoin-driven strategy, while Sol Strategies enters the CSE 25 index ...
3d
MicroStrategy Surges 6.5%, Riot Platforms Gains--Is Bitcoin's Rebound Fueling a New Crypto Boom?
The Fed is set to deliver a final rate cut to end 2024. The bigger question is whether they are ready to rip up the script ...
3d
on MSN
Bitcoin Reaches New High As MicroStrategy Prepares To Join Nasdaq 100 (And More!)
Bitcoin hit a new all-time high, while MicroStrategy continues stacking BTC and prepares for it’s Nasdaq 100 stock listing.
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 — ...
11d
on MSN
MicroStrategy shares could surge even higher if added to Nasdaq 100 on Friday, crypto analyst says
MicroStrategy’s inclusion on the Nasdaq 100 index largely depends on whether it is classified as a software developer or a ...
13h
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.
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