MicroStrategy Buys Additional 12,000 BTC Worth $800M
MicroStrategy has concluded a new convertible note offering worth $800 million. Funds from the offering were utilized to purchase an additional 12,000 BTC to add to its treasury reserve. The announcement of MicroStrategy’s intention to issue a fresh series of convertible notes coincided with Bitcoin’s ascent to a record high on March 6. On March […]
MicroStrategy Stock Surges Over 20% Following BTC Price Rise
As the price of Bitcoin continues to rise, Bitcoin Investor MicroStrategy (MSTR) has experienced a surge in its stock price exceeding 20% during the initial trading hours of March 4. MicroStrategy experienced a surge in value from $1,079 at the close of trading the day before March 4 to $1,220, attaining an intraday peak of […]
Breaking: MicroStrategy Makes Major Bitcoin Purchase
MicroStrategy’s Michael Saylor reveals a new Bitcoin purchase of $155 million, bringing the BTC holdings to 193,000. On Monday, Michael Saylor, executive chairman and co-founder of MicroStrategy, announced that the organization had acquired an additional $155 million worth of Bitcoins, bringing its total BTC holdings to 193,000. Michael Saylor has taken a significant step in advance […]
MicroStrategy Buys 14,620 Bitcoins for $615.7 M
In anticipation of a spot Bitcoin exchange-traded fund (ETF) approval, business intelligence firm MicroStrategy buys 14,620 Bitcoins, increasing its total stash to 189,150 BTC Between November 20, 2023, and December 26, 2023, MicroStrategy and its subsidiaries acquired an additional 14,620 BTC for $615.7 million in cash, the company disclosed in its 8-K filing with the […]
YieldMax Launches New ETF Based on MicroStrategy’s Bitcoin Exposure
YieldMax, a company specializing in exchange-traded funds, has filed for a new ETF that focuses on derivatives of MicroStrategy, a company with massive Bitcoin holdings. The ETF aims to provide monthly income to investors with a balanced risk strategy. The ETF, named Option Income Strategy ETF and set to debut in 2024, will trade under […]