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MicroStrategy Buys $1.1 Billion of Bitcoin
MicroStrategy Buys $1.1 Billion of Bitcoin Before Share Vote
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
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.
MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases
The shareholders behind MicroStrategy have voted to dramatically increase the number of shares in a bid to raise funds for additional Bitcoin (BTC).
Hosted on MSN
1m
Buy Bitcoin, stock price goes up 80%: Rumble follows 'MicroStrategy' strategy
Rumble’s foray into
Bitcoin
appears to be motivated by a combination of financial and strategic factors mentioned in ...
24/7 Wall St. on MSN
1h
5 ETFs Betting Big on Michael Saylor’s Bold Bitcoin Strategy
Michael Saylor's Bitcoin strategy has attracted plenty of fanfare. Basically, MicroStrategy (NASDAAQ:MSTR) borrows money to ...
4h
Coinbase vs. MicroStrategy: Why Coinbase Thrives Beyond Bitcoin's Price
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether ...
5d
The Bitcoin Betting Man: MicroStrategy’s High-Stakes Finance
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
cryptonewsz
23h
MicroStrategy Acquires Another $1.1B Bitcoin, BTC Price Recovery Ahead?
MicroStrategy, led by Michael Saylor, has announced its latest Bitcoin purchase, marking its third acquisition of the year.
5d
MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade)
Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin.
10m
The market has entered the 'fartcoin' stage of the cycle, says billionaire investor who's staying out of crypto
"It's anyone's guess as to what will happen next, but it feels like it's going to be wild," Greenlight Capital founder David ...
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