Results For: microstrategy
MicroStrategy Acquires 9,245 Bitcoin For $623M, Holds 214,246 BTC
MicroStrategy has announced another substantial purchase of Bitcoin. According to a tweet by the company’s former CEO, Michael Saylor, MicroStrategy has purchased an additional 9,245 BTC for approximately $623 million. According to the details, the company utilized proceeds from convertible notes and excess cash. The average purchase price for this latest acquisition stands at around …...
MicroStrategy’s Michael Saylor Predicts Bitcoin to “Eat Gold”
MicroStrategy executive chairman Michael Saylor boldly predicted Bitcoin dethroning gold as a store of value asset during a CNBC interview Monday. His comments came on the heels of the firm disclosing purchases of about 12,000 additional Bitcoin. Key details: Read more: MicroStrategy Buys 12,000 Bitcoin For $821 Million As BTC Hits $72,000 Appearing on CNBC, …...
MicroStrategy Buys 12,000 Bitcoin For $821 Million As BTC Hits $72,000
Business intelligence firm MicroStrategy has capitalized on its latest convertible debt offering to accumulate roughly 12,000 additional Bitcoin worth over $821 million. The purchase expands the company’s existing BTC portfolio to approximately 205,000 BTC bought for $6.91 billion. Key details: Read more: Coinbase Report Urges Caution On Emerging Crypto AI Sector MicroStrategy announced the purchases …...
MicroStrategy Price Target Set at $990 on Bitcoin Growth Forecast
Investment banking firm Benchmark initiated coverage of business intelligence firm MicroStrategy on Tuesday, publishing a ‘buy’ rating and a 2025 share price target of $990. The bold MicroStrategy forecast centers on an assumed future appreciation of the company’s sizable Bitcoin holdings. The analysts expect the BTC stash to swell on factors like SEC spot ETF …...
MicroStrategy Buys 3,000 Bitcoin (BTC) For $155 Million
Business intelligence firm MicroStrategy has purchased an additional 3,000 Bitcoin for approximately $155 million, company former CEO Michael Saylor announced Monday. The purchase was made at an average price of $51,813 per Bitcoin. Additionally, this latest acquisition brings MicroStrategy’s total Bitcoin holdings to 193,000 BTC, purchased for $5.978 billion at an average price of $31,464.74 …...
MicroStrategy’s Official X Hacked: Over $440,000 In Crypto Stolen
The official X account of software intelligence company MicroStrategy fell victim to an apparent hack on Monday morning. Attackers accessed the profile to share phishing links that security experts estimate drained over $440,000 in cryptocurrency from deceived users. According to crypto personality Spreek, unauthorized messages appeared on MicroStrategy’s 196,000+ X account urging users to visit …...
MicroStrategy Nears $3 Billion in Bitcoin Profit As BTC Hovers Around $47,000
The massive Bitcoin pile of MicroStrategy is on the verge of clinching an unrealized profit of $3 billion as the cryptocurrency briefly surpassed $47,000. The data, as per the Saylor Tracker, reveals an unrealized profit of $2,928,147,368.20 at press time. Bitcoin experienced a surge from a 24-hour low of $46,291.51 to a high of $47,193.19, …...
MicroStrategy Buys 14,620 Bitcoin (BTC) For $615,700,000
Business intelligence firm MicroStrategy announced the purchase of over 14,620 Bitcoin on December 26th, worth $615.7 million. As revealed by the company’s former CEO and Bitcoin evangelist Michael Saylor via X on Wednesday, MicroStrategy paid an average of $42,110 for its latest crypto haul accumulated. Read more: Cathie Wood Bullish On Bitcoin ETF Approval, Says …...
Bitcoin Will Go Forward in 2024, Says MicroStrategy’s Saylor
In a recent interview with CNBC, Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, shared insights on the regulatory landscape and the factors influencing the recent Bitcoin rally. Addressing concerns about the impact of Coinbase’s petition in the federal appeals court on Bitcoin and MicroStrategy, Saylor expressed confidence in Bitcoin’s resilience amid regulatory uncertainty. He …...
MicroStrategy’s Bitcoin Holdings Surpass $2 Billion in Profits as Bitcoin Tops $42,000
The eye-catching Bitcoin pile of MicroStrategy has recently surpassed $2 billion in unrealized profit. As the price of bitcoin briefly surpassed $42,000, MicroStrategy’s bitcoin accumulation seems to be paying off handsomely on paper. Bitcoin surged from a 24-hour low of $39,400 to a high of $42,108 before dropping to its current price of $41,715. This …...
