MicroStrategy Starts Preferred Stock Sale to Fund Bitcoin Purchases, Buys 471,107 BTC
MicroStrategy has added to its bitcoin stash for 12 consecutive weeks. MicroStrategy (MSTR), announced a preferred share offering of 2.5 million as the firm looks…
Tag: MicroStrategy
Crypto Daybook Americas: Bitcoin Defends $100K as MicroStrategy Votes on Share Increase
Bitcoin held above $100,000, with VET, ENA, LINK and LDO posting notable gains a day after President Donald Trump bypassed mentioning crypto or a strategic…
Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday. The surging price of bitcoin (BTC) has pushed the asset’s largest public holder, business…
MicroStrategy denies it received a margin call against bitcoin-backed loan
Aggressive bitcoin investor and American software firm MicroStrategy says it hasn’t received a margin call against a $205 million bitcoin-backed loan it took in March. A margin…
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
The software firm recently told the SEC it would revise its disclosures related to adjustments for impairments on its digital assets. MicroStrategy (MSTR) reported a…
Billionaire Investor Bill Miller Now Has 50% of His Personal Wealth in Bitcoin
Market-beating fund manager and billionaire Bill Miller is so bullish on bitcoin that it and investments tied closely to the crypto now represent 50% of…
Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High
Ned Segal’s comments likely provided a reason for traders to take some risk off the table in the wake of the rising dollar and U.S.…
Bitcoin Now Legal Tender in El Salvador, Marking World First
In a show of support, crypto proponents are buying $30 worth of bitcoin to commemorate the occasion known colloquially as “Bitcoin Day.” Bitcoin is now…
US Financial Giant Capital Group Buys 12% Stake in Bitcoin-Exposed MicroStrategy
The purchase provides the firm with indirect exposure to MicroStrategy’s more than 105,000 bitcoin reserves. Capital International Investors, a unit of Los Angeles-based investment firm…
Here Are The Top Stocks Riding The Crypto Wave And ‘Dramatically’ Outperforming The Market
KEY FACTS In a note to clients Tuesday morning, Goldman analysts identified 19 U.S. stocks with market capitalizations over $1 billion that have the highest…