If you’ve been watching the crypto world lately, you’ve probably heard of MicroStrategy (MSTR). What started as a regular software company has become one of Wall Street’s most interesting Bitcoin stories. Let’s look at how this company changed from making business software to becoming a powerful force in the Bitcoin market. The Birth of a […]
MicroStrategy, a prominent business intelligence software company, has further solidified its position in the cryptocurrency market by increasing its Bitcoin holdings. The company recently disclosed the purchase of an additional 3,000 bitcoins for $155 million, expanding its total holdings to 193,000 coins, acquired at an average price of $31,555 per BTC. MicroStrategy has acquired an […]
MicroStrategy, a prominent player in the realm of business intelligence software, is set to undergo a significant transformation. The company has unveiled plans to rebrand itself as a Bitcoin development firm, capitalizing on its successful foray into the world of cryptocurrency investment. Michael Saylor, co-founder and executive chairman of MicroStrategy, emphasized the organic nature of […]
In a bold chess move that echoed through the financial world, MicroStrategy, a trailblazing software company, didn’t just dip its toes into the cryptocurrency waters—it made waves. In late December 2023, the company committed over $615 million to acquire 14,620 bitcoins, catapulting its total bitcoin holdings to a staggering 189,150, with a market value exceeding […]
MicroStrategy, a prominent software company specializing in business intelligence solutions, has reaffirmed its commitment to Bitcoin (BTC) with a substantial investment. On Wednesday, the company disclosed the acquisition of 14,620 BTC, valued at approximately $615.7 million. This move elevates MicroStrategy’s total Bitcoin holdings to an impressive 189,150 BTC, worth around $5.9 billion. Michael Saylor, the […]
Bitcoin just got a big, fat vote of confidence from MicroStrategy, and the cryptocurrency market is buzzing with excitement. MicroStrategy, the software company co-founded by Michael Saylor, a crypto evangelist, has prepaid its $205 million loan from Silvergate Bank and increased its Bitcoin holdings to a whopping 138,955 BTC. MicroStrategy repaid its $205M Silvergate loan […]
In yet another Bitcoin (BTC) acquisition strategy, MicroStrategy has filed a registration statement with the US Securities and Exchange Commission (SEC) to launch an “‘at the market’ securities offering for flexibility to sell up to $1 billion of its class A common stock over time.” The firm’s class A common stock trades on the Nasdaq […]
