MicroStrategy Is Not Done Buying Bitcoin, CFO Reveals
MicroStrategy, it seems, is not done with its bitcoin buying spree despite its large holdings. The company’s CFO Phong Le has revealed the firm’s strategy going forward. According to Le, MicroStrategy is not done investing in bitcoin. The firm remains unfazed by the recent downtrend in the market and given that its previous investments remain […]
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Software intelligence firm MicroStrategy announced details following a proposal to offer more convertible senior notes to buy bitcoin. The post MicroStrategy Ups Note Offering For Buying More Bitcoin To $900 Million appeared first on Bitcoin Magazine.
MicroStrategy has made headlines again, but this time not for another mammoth Bitcoin acquisition. The company, known for its aggressive accumulation strategy, has temporarily put the brakes on its Bitcoin buying spree after 12 straight weeks of purchase. Related Reading: El Salvador Stays Bullish, Adds 5 Bitcoin To Its Growing Reserve Some analysts believe a […]
The story of MicroStrategy CEO Michael Saylor buying Bitcoins aggressively has continued to make headlines over the last two years. However, according to one allegation, Mr. Saylor may be dumping his thousands of Bitcoins behind your back. MicroStrategy, a Bitcoin-accumulating business intelligence software company, is known to have 129,218 Bitcoin in its possession. This is […]
Buying the dip is essential for MicroStrategy as the company’s reserve of nearly 129,699 BTC currently suffers an aggregated value loss of over $1 billion. MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing.MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC over several years at an aggregate purchase price of $3.977 billion. Despite market uncertainties,....
MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its BTC reserves with a fresh 2,138 […]