#MicroStrategy
#MicroStrategy

Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin

MicroStrategy plans to increase its Bitcoin stack by offering $525 million convertible debt.

The private placement was upsized to likely yield around $600 million proceeds. [ more ]

Coindesk

'Bitcoin Is Going to Eat Gold': MicroStrategy's Michael Saylor

Bitcoin positioned to surpass gold as valuable asset

MicroStrategy continues to increase its bitcoin holdings [ more ]

Coindesk

MicroStrategy Upsizes Convertible Debt Offering to $700M to Buy Even More Bitcoin

MicroStrategy upsized convertible debt offering to $700 million.

Conversion price at 42.5% premium to March 5 close. [ more ]

Coindesk

MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark

Benchmark initiates coverage of MicroStrategy with a buy rating and a $990 price target based on Bitcoin's potential growth.

MicroStrategy's unique business model relies heavily on Bitcoin acquisition, with spot Bitcoin ETFs and the upcoming halving expected to drive cryptocurrency price higher. [ more ]

Coindesk

Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth

MicroStrategy purchased an additional 3,000 BTC for $155 million, holding a total of 193,000 BTC.

MicroStrategy holds an unrealized profit of $3.8 billion with BTC trading at $51,366. [ more ]

Coindesk

Michael Saylor Not Interested in Selling: 'Bitcoin Is the Exit Strategy'

Michael Saylor plans to hold onto MicroStrategy's bitcoin long-term, believing in its superiority over traditional asset classes.

Bitcoin's value is seen as surpassing gold, real estate, and the S&P index, with Saylor advocating for keeping the winning asset rather than selling. [ more ]

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Microstrategy Buys 6,455 More Bitcoin Now Holds 138,955 BTC Featured Bitcoin News

Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin.With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin.Moreover, the company also paid off its loan from troubled Silvergate Bank in full.

news.bitcoin.com

Microstrategy Buys More Bitcoin Company's Crypto Holdings Grow to 132,500 BTC Featured Bitcoin News

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases.This year, the world's largest cryptocurrency has emerged as the institutional-grade digital asset, said Microstrategy founder Michael Saylor.Microstrategy Acquires More Bitcoin Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury.

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Tech industry

Elon Musk Says Apple Has Threatened to Withhold Twitter From App Store as Battle for Free Speech Escalates Bitcoin News

Tech giant Apple has threatened to withhold Twitter from its app store, according to Tesla CEO and Twitter chief Elon Musk.The billionaire added: This is a battle for the future of civilization.If free speech is lost even in America, tyranny is all that lies ahead.Apple's Threat to Musk and Twitter The battle for free speech has escalated for Elon Musk and his newly acquired social media company as Apple has threatened to withhold Twitter from its app store, Tesla CEO and Twitter chief Elon Musk revealed Monday, noting that Apple will not say why.

news.bitcoin.com

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is 'a Losing Trade' Reignites Feud With Laser Eyes Movement Bitcoin News

Veteran trader Peter Brandt's latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter.

Bitcoin

Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC

Microstrategy Acquires More Bitcoin at an Average Price of $19,851 per Coin

Bitcoin

Business

HSBC's CEO Explains Why Crypto Is Not in the Banking Giant's Future

HSBC Will Not Get Into Crypto, CEO Says

The chief executive of HSBC, Noel Quinn, talked about his bank's cryptocurrency stance in an interview with CNBC-TV18 last week.He confirmed:

Bitcoin

Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO

Microstrategy's Performance Since Adopting Bitcoin Strategy

The Nasdaq-listed software company Microstrategy Inc. (Nasdaq: MSTR) released its Q2 financial results Tuesday.

Bitcoin

Mad Money's Jim Cramer Expects Bitcoin to Fall to $12,000

Jim Cramer's Bitcoin Price Prediction

Jim Cramer, the host of Mad Money, talked about the future outlook for bitcoin on CNBC Friday.

Bitcoin

Microstrategy Debunks Margin Call Rumor - Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562

Microstrategy Hasn't Received a Margin Call

Coindesk

Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says

Bitcoin's price and MicroStrategy's shares could surge due to positive catalysts. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference

MicroStrategy holds a significant amount of Bitcoin, emphasizing corporate adoption. The Bitcoin For Corporations conference aims to educate on Bitcoin as a treasury asset. [ more ]

Coindesk

First Mover Americas: Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations

Bitcoin fell below $62,000 during the European morning, with the broader digital asset market dropping around 2.7%. [ more ]

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MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord

MicroStrategy cut its price target to $1,590 from $1,810 after acquiring more bitcoin and reporting a net loss due to digital asset impairment charges. [ more ]

Coindesk

MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M

MicroStrategy reported a net operating loss due to a digital asset impairment charge in Q1 despite the significant increase in bitcoin's value. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

2 weeks ago

MicroStrategy to Host Bitcoin For Corporations Conference - Pioneering Bitcoin Adoption

MicroStrategy World conference aims to emphasize the importance of Bitcoin for corporations, highlighting its role in corporate strategies. [ more ]

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2 weeks ago

Tech industry

MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark

MicroStrategy could increase earnings by over $3 billion through new standards adoption. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

The Next MicroStrategy? Japanese Public Company Is Buying Bitcoin

Metaplanet purchased 1 billion yen worth of Bitcoin as part of its corporate treasury strategy, following MicroStrategy's lead.

The move aims to hedge risks from currency devaluation and inflation while capitalizing on Bitcoin's potential upside. [ more ]

Coindesk

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

MicroStrategy's price target raised to $1,875 from $990.

Broker Benchmark predicts a bitcoin year-end price of $150,000, benefiting MicroStrategy. [ more ]

Coindesk

MicroStrategy's Implied Premium to Bitcoin Settling Into New Norm, BTIG Says

BTIG raised Microstrategy price target to $1,800 from $780.

Microstrategy has a greater exposure to bitcoin on a per-share basis and is expected to benefit from bitcoin catalysts. [ more ]

Coindesk

MicroStrategy Trades at an Unjustifiable Premium to Bitcoin: Kerrisdale Capital

Kerrisdale Capital short MSTR stock, long BTC

MicroStrategy no longer unique for bitcoin exposure [ more ]

Coindesk

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

MicroStrategy and Coinbase are most likely to experience a short squeeze in the crypto sector.

Short sellers are heavily betting against crypto stocks like MicroStrategy and Coinbase. [ more ]

Coindesk

Michael Saylor's MicroStrategy Acquired Another 9,245 BTC For $623M

MicroStrategy purchased 9,245 bitcoins for $623 million, using funds from a recent fundraising and excess cash.

The company now owns more than 1% of all bitcoins that will ever exist. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Michael Saylor's MicroStrategy Acquired an Additional 9,245 BTC

MicroStrategy purchased approximately 9,245 bitcoins for $623 million, adding to its existing holdings.

MicroStrategy now holds around 214,246 bitcoins at an average price of $35,160 per bitcoin, worth $7.53 billion. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Increases Convertible Loan to $525 Million to Buy More Bitcoin

MicroStrategy upsized convertible notes offering to $525 million for Bitcoin acquisition strategy

Company's aggressive Bitcoin accumulation aims to position as a 'Bitcoin development company' [ more ]

Coindesk

Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says

Retail and institutional investors are buying both gold and bitcoin.

MicroStrategy's bitcoin accumulation amplified the cryptocurrency's rally. [ more ]

Coindesk

Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin

MicroStrategy plans to raise $500 million in convertible debt offering for more Bitcoin purchases.

The company's recent $800 million debt raise resulted in buying 12,000 Bitcoins, increasing its stack to 205,000 Bitcoins. [ more ]

Coindesk

MicroStrategy 'Not Resting on its Laurels' as Bitcoin Hits All-Time High: Canaccord

MicroStrategy continues to add bitcoin despite record highs

Canaccord raises price target on MicroStrategy stock to $1,810 [ more ]

Coindesk

BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin than MicroStrategy.

IBIT has been adding hundreds of millions of dollars worth of bitcoin daily since its launch. [ more ]

Coindesk

Michael Saylor's MicroStrategy to Raise $600M to Buy More Bitcoin

MicroStrategy plans to raise $600 million through a private offering to acquire more bitcoin.

The company's founder has been accumulating bitcoin since mid-2020, with a substantial holding of 193,000 tokens worth over $13 billion. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy To Raise $600 Million To Buy More Bitcoin

MicroStrategy plans $600 million convertible notes offering for Bitcoin acquisition.

Company's dedication to Bitcoin drives use of cashflows and financing proceeds for acquiring Bitcoin. [ more ]

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MicroStrategy's X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT

MicroStrategy's X account was hacked, leading to a phishing message posted for followers.

Over $440,000 worth of crypto was stolen due to the phishing attempt. [ more ]

Coindesk

First Mover Americas: Bullish Week for Bitcoin and VeChain

Bitcoin and altcoins saw significant gains in a week.

VeChain's VET surged 65%, with unclear catalyst. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy's Bitcoin Holdings Now Worth Over $10 Billion

MicroStrategy's bitcoin holdings are now valued at over $10 billion as BTC surpasses $52,000.

MicroStrategy's continued accumulation of bitcoin signals its confidence in the cryptocurrency's potential for superior returns. [ more ]

Coindesk

Michael Saylor's MicroStrategy Bitcoin Bet Tops $4B in Profit

MicroStrategy's bitcoin holdings have surpassed $10 billion, with a profit of over $4 billion.

Bitcoin's price rally and the listing of spot bitcoin ETFs have contributed to MicroStrategy's increasing profits. [ more ]

Coindesk

Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply

Bitcoin ETFs are driving up the price of bitcoin due to high demand and limited supply.

MicroStrategy plans to re-brand as a bitcoin development company to reflect its success in cryptocurrency. [ more ]

Coindesk

Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

Spot bitcoin ETFs now hold more bitcoin than MicroStrategy, excluding Grayscale's GBTC.

The concentration of coins held by these entities is not seen as a risk to the Bitcoin Network. [ more ]

Coindesk

MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs

MicroStrategy reported weaker-than-expected Q4 earnings.

The company emphasized its focus on bitcoin and being the world's first bitcoin development company. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Buys 850 More Bitcoin for $37 Million

MicroStrategy has purchased an additional 850 BTC at a cost of $37.2 million, increasing their total Bitcoin holdings to 190,000 BTC worth over $8.2 billion.

MicroStrategy's Bitcoin strategy and solid track record have allowed them to consistently add to their Bitcoin holdings and create value for shareholders. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

China Emerging As Surprising Source Of Bitcoin Demand

The Bitcoin ETFs, MicroStrategy, Tether's constant buying, and the halving are major sources of demand for Bitcoin this cycle.

The crash of the Chinese real estate market and stock market is a visible indication of the end of an economic model in China. [ more ]

Coindesk

Michael Saylor's Bitcoin Bet Profit Tops $2B

MicroStrategy holds over $2 billion in profit from its bitcoin holdings after the cryptocurrency's rally.

MicroStrategy purchased 174,530 bitcoin for an average price of $30,252 each. [ more ]

Coindesk

First Mover Americas: BlackRock Received $100K Seed Funding for Its Spot BTC ETF

BlackRock received $100,000 as seed capital for its proposed spot bitcoin ETF.

MicroStrategy's bitcoin holdings reached over $2 billion in profit following the cryptocurrency's rally. [ more ]

Coindesk

First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year

Bitcoin continues to rise, reaching $38,800 and supported by institutional demand.

Microstrategy increases its bitcoin holdings by buying 16,130 BTC worth $608 million in November. [ more ]

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Business intelligence

Microstrategy's Bitcoin Stash Grows to 174,530 BTC With Latest Purchase Featured Bitcoin News

Microstrategy acquires additional 16,130 bitcoins.

Microstrategy now holds 174,530 BTC. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Buys An Additional 16,130 Bitcoin For $593 Million

MicroStrategy has purchased an additional 16,130 BTC for $593.3 million, bringing their total Bitcoin holdings to over 174,530 BTC worth more than $6.59 billion.

The company has consistently added to their Bitcoin holdings since August 2020 and has implemented a treasury reserve strategy.

MicroStrategy's aggressive bitcoin investment strategy continues despite the upcoming Bitcoin halving and potential approval of a Bitcoin ETF by the SEC. [ more ]

Coindesk

MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%

MicroStrategy increased its bitcoin holdings by buying 16,130 BTC in November.

The company now holds 174,530 BTC, worth around $608 million.

MicroStrategy also entered into an agreement to offer up to $750 million worth of class A common stock. [ more ]

Coindesk

MicroStrategy Is Uniquely Positioned to Benefit From Rising Bitcoin Price: Berenberg

Featured Speaker Alex Thorn

Head of Firmwide Research Galaxy

Hear Alex Thorn share his take on "Bitcoin and Inflation: It's Complicated" at Consensus 2023.MicroStrategy (MSTR) is uniquely positioned among listed companies to benefit from an increase in the price of bitcoin (BTC), Berenberg said in a report Thursday.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Purchases 6,455 BTC, Pays Off $205M Loan At 22% Discount

MicroStrategy has announced the repayment of a $205M bitcoin-collateralized loan in full at a 22% discount for $160M, along with the acquisition of an additional 6,455 BTC, bringing their total holdings to 138,955 BTC.According to a tweet by Chairman Michael Saylor, the bitcoin was acquired at an average price of ~$29,817 per bitcoin.

Coindesk

Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit

Stocks of crypto companies fell Monday after the U.S. Commodity and Futures Trade Commission (CFTC) sued Binance, the world's largest cryptocurrency exchange, and its CEO Changpeng "CZ" Zhao.Coinbase (COIN), the only U.S. publicly-traded crypto exchange, fell 9.1% as of 15:25 UTC.Bitcoin mining companies Marathon Digital (MARA), Riot Blockchain (RIOT) and Hut 8 Mining (HUT) all slid more than 7%.

Coindesk

U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts

U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they'd go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board (FASB).

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Adds 2,500 Bitcoin To Holdings Despite Tax-Loss Harvesting

Michael Saylor's MicroStrategy bought 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21, 2022.It then sold 704 BTC at a loss on Dec. 22 to offset previous capital gains.MicroStrategy then bought 810 BTC on Dec. 24.Software analytics company MicroStrategy has sold bitcoin for the first time since it first began adding the digital currency to its treasury in 2020.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy To Launch Bitcoin Lightning Solutions In 2023: Saylor

MicroStrategy will release software applications and solutions powered by the Bitcoin Lightning Network in 2023.MicroStrategy executive chairman Michael Saylor spoke about his company's plans in a Twitter Spaces room on Wednesday, shedding light on some of the offerings currently in the works at the software firm.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Looks To Hire Bitcoin Engineer For Building Lightning Platform

MicroStrategy is looking to hire a Bitcoin software engineer.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Buys $6 Million In Bitcoin Amid Market Rout

MicroStrategy has acquired a fresh batch of bitcoin despite the ongoing market rout.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Michael Saylor To Change His MicroStrategy Role To Focus On Bitcoin

MicroStrategy, the software intelligence firm famously bullish on Bitcoin, announced on Tuesday that its CEO Michael Saylor will step down from his current position to assume the new role of executive chairman, effective on August 8.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

What's Next For Bold Bitcoin-Buyer MicroStrategy?

MicroStrategy (MSTR) currently sits on a huge loss on their bitcoin purchases.

Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

MicroStrategy's Bitcoin Holdings And The Grayscale Bitcoin Trust Discount

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Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides