Michael Saylor’s Strategy Resumes Bitcoin Purchase Amid Crypto Market Crash
After a one-week break, Michael Saylor’s Strategy has started buying Bitcoin again, even with a decline in the cryptocurrency market. Michael Saylor’s Strategy has restarted its weekly Bitcoin purchases following a one-week hiatus. This latest acquisition comes during a crypto market downturn, during which BTC lost all of its gains since the beginning of the […]
MicroStrategy Poses As Major Risk to Bitcoin, How?
The aggressive acquisition of BTC by MicroStrategy and the higher MSTR premium over Bitcoin. The following are the potential long-term risks. In the past few weeks, MicroStrategy has been on a Bitcoin purchasing spree, resulting in a significant increase in MSTR stock’s value, reaching an all-time high of $473 in November. Nevertheless, the company’s valuation […]
MicroStrategy (MSTR) Stock Pump and Dump, Concerns for Retail Investors
Retail investors invested over $100 million in MicroStrategy stock just before the 35% drop, but analysts forecast a recovery in MSTR soon. MicroStrategy (NASDAQ: MSTR) stock has faced intense selling pressure, plunging another 12% on Tuesday to close at $353. Over the past five trading days, the stock has declined by 35% from its November […]
MicroStrategy Raises $3B To Acquire More Bitcoin
MicroStrategy (MSTR) has concluded a $3B offering of 0% convertible senior notes due in December 2029. The company intends to allocate the proceeds to buy more Bitcoin. MicroStrategy (MSTR) has successfully concluded a $3 billion offering of 0% convertible senior notes due in December 2029. The company intends to allocate a portion or the entirety […]
MicroStrategy To Raise $1.75B Through PO To Buy More BTC
MicroStrategy intends to issue $1.75 billion in Convertible Senior Notes through Private offering to maintain its Bitcoin acquisition strategy. MicroStrategy Inc ., an American software and business intelligence company, has disclosed its intention to offer its Convertible Senior Notes to the public for a maximum of $1.75 billion. Subject to market conditions, the organization intends […]