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Bitcoin, MicroStrategy and Buys

Hosted on MSN · 10h

Bitcoin Rises. MicroStrategy Buys $2.1 Billion of the Crypto as Spending Spree Continues.

The price of Bitcoin was rising Tuesday, but it looks unlikely that the cryptocurrency’s recent red-hot rally will reignite soon. The world’s largest token crept up 1.7% to $97,826. It topped $100,000 for the first time last week but has see-sawed around that level since then.

Investopedia · 1d

MicroStrategy Buys Another $2.1 Billion Worth of Bitcoin

The company spent roughly $2.1 billion to add 21,550 bitcoins to its stash that has now grown to 423,650 BTC, and is worth close to $41.5 billion at current prices. MicroStrategy now controls over 2% of the 21 million bitcoin that will ever exist.

Bloomberg L.P. · 1d

MicroStrategy Buys More Bitcoin as Funding Draws Scrutiny

MicroStrategy Inc. bought another $2.1 billion in Bitcoin while its combination of equity and fixed-income securities sales to finance the rapidly increasing acquisitions draws increased scrutiny.

Microsoft shareholders reject call to invest in Bitcoin

TheStreet.com · 1d

Amazon Shareholders Want E-Commerce Giant to Invest $29 Billion in Bitcoin, Inspired by MicroStrategy’s Success

Amazon ranks fourth on the S&P 500, boasting a market cap of $2.38 trillion, ahead of Google, Tesla, and Meta, but trailing Apple, Nvidia, and Microsoft. Amazon’s proposal follows a similar push at Microsoft, where shareholders will vote on Dec. 10 on whether the tech giant should diversify with Bitcoin.

Geekwire on MSN · 7h

Microsoft shareholders reject call to invest in Bitcoin, but company doesn’t entirely rule it out

Microsoft shareholders turned down a proposal calling on the company to consider diversifying its investments by including Bitcoin in the mix, but the company was actually more open-minded than it might seem.

Fox Business on MSN · 10h

Microsoft shareholders vote against company investing in bitcoin

Microsoft shareholders rejected a proposal that would've tasked the company's board of directors with considering investments in bitcoin as a means of diversifying its portfolio.

Bitcoin-Friendly MicroStrategy Eyes Nasdaq 100 Index Inclusion

The Nasdaq 100 Index is on track to experience a shake-up that might see MicroStrategy gain inclusion into the presitigious ...

3d

'Selling $1 bills for $3': Why bond buyers and equity investors can't get enough of bitcoin-obsessed MicroStrategy

MicroStrategy has been one of the market's best stocks, crushing bitcoin and even Nvidia. Here's why investors are obsessed ...

MicroStrategy Adds Billions More in Bitcoin in Fifth-Straight Weekly Buy

Michael Saylor's software firm now has $42 billion worth of Bitcoin after adding 21,550 BTC in MicroStrategy's fifth ...

6d

Bitcoin Now Poised For A $26 Trillion MicroStrategy Game-Changer As Crypto Prices Soar

Bitcoin juggernaut MicroStrategy is poised to be added to the Nasdaq-100 Index, potentially sending huge swathes of investor ...

Bitcoin Magazine9h

MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg

Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart announced that MicroStrategy (MSTR) is expected to enter into ...

MicroStrategy's Nasdaq Debut Could Trigger $2.1 Billion ETF Buying Spree

MicroStrategy's official announcement is expected this week, with implementation scheduled for December 23, Bloomberg ...

14h

Michael Saylor: The Architect of MicroStrategy’s Huge Bitcoin Bet

Most companies were leery of Saylor’s strategy when he started amassing bitcoin back in 2020. Some are no longer skeptical.

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