Tag: MicroStrategy
Michael Saylor’s MicroStrategy Would Need to Liquidate Bitcoin (BTC) During Extreme Price Corrections: Bernstein
MicroStrategy holds around 152,000 bitcoin, with a total cost basis of about $4.5 billion, and an average price of roughly $29,600, the note said. The [...]
Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital
The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStra [...]
Coinbase $COIN, Microstrategy $MSTR Rally After Cboe Refiles Bitcoin $BTC ETF Applications
Cboe has been working with a number of providers to finally get an application for a spot bitcoin ETF approved by the U.S. Securities and Exchange Com [...]
MicroStrategy buys $347M worth of Bitcoin amid market thaw
On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 Bitcoin (BTC), worth $347 million at the time of publicat [...]
Michael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin
The firm bought over 12K bitcoin for $347 million in the last two months.
www.coindesk.com [...]
Crypto Industry Destined to be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
Saylor's MicroStrategy began buying bitcoin in 2020 while calling the cryptocurrency a million times better store of value than gold. The company now [...]
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.
www.coi [...]
MicroStrategy Is Uniquely Positioned to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target, implying 40% potential upside.
www.coindesk.com [...]
MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
MicroStrategy's infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023.Today, MicroStrategy's stock MSTR is up roughly [...]
Microstrategy Bitcoin bet turns green as BTC price climbs to 10-month high
Business intelligence and Fortune 500 company Microstrategy’s Bitcoin (BTC) investment has turned green again as BTC broke past the critical resistanc [...]
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 f [...]
MicroStrategy adds another 1,045 Bitcoin to its growing crypto treasury
MicroStrategy, the American business intelligence firm, has just announced its latest acquisition of an additional 1,045 Bitcoin (BTC) for approximate [...]
Michael Saylor’s MicroStrategy repays Silvergate loan and buys 6.5K BTC
MicroStrategy, a business intelligence firm and a major Bitcoin (BTC) investor, is acquiring more BTC amid the recent cryptocurrency market recovery.M [...]
MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin
The company in March 2022 had borrowed $205 million from Silvergate Bank.
www.coindesk.com [...]
MicroStrategy and Marathon Digital Lead Tenuous Bounce for Crypto-Related Stocks
The price of bitcoin on Sunday bounced as high as $22,600 on the news. It's currently pulled back a bit to $22,100. Among stock movers this morning, M [...]