MicroStrategy share boost approved for Bitcoin purchases
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
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MicroStrategy Inc (MSTR) stock saw a modest uptick, ending the day at $396.5 which represents a slight increase of $29.50 or 8.04% from the prior close of $367. The stock opened at $383.28 and touched ...
In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC. This ...
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Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin.
That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s ...
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The company's bold move could raise $2 billion, reinforcing its aggressive Bitcoin accumulation despite dilution concerns ...
Cryptocurrencies pulled back after President Trump didn't mention crypto in his inauguration address. Shares in MicroStrategy, which also disclosed it had [recently bought another $1.1 billion of bitc ...
The announcement appeared nearly two months after Rumble confirmed its plans to allocate $20 million from its excess cash ...
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