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.
MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B
The latest buying spree brought the firm's BTC holdings to 423,650, or nearly $42 billion worth at current prices. Led by Executive Chairman Michael Saylor, MicroStrategy now holds more than 2% of the 21 million bitcoin that can ever exist.
MicroStrategy shareholders continue to shoulder the cost of more bitcoin buys
The company has diluted shareholders to the tune of roughly $12 billion via share sales in recent weeks to stock up on bitcoin.
MicroStrategy acquires 21,550 bitcoins from December 2 to December 8
In a regulatory filing from before the market opened, the company disclosed that, during the period between December 2 and December 8, it had
MicroStrategy Buys More Bitcoin. It Now Holds $42 Billion of the Cryptocurrency.
The software company’s total holdings amount to 423,650 coins, or more than 2% of the total amount of the currency outstanding.
MicroStrategy's Bold Bitcoin Moves: $2.1 Billion Purchase Amid Rising Interest and Whale Activity
MicroStrategy has made headlines by buying 21,550 bitcoins for about $2.1 billion between December 2 and December 8, 2024. This brings their total Bitcoin holdings to 423,650 BTC, worth
MicroStrategy Seizes Bitcoin Dip With $2.1B Purchase
MicroStrategy brings total holdings to 423,650 BTC. The firm has invested $26 billion in Bitcoin and now sits on a $15 billion profit. Its aggressive
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MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg
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MicroStrategy will eventually unravel — Bitcoin bulls should look elsewhere
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Why Hedge Funds Are Betting Big on MicroStrategy’s (NASDAQ:MSTR) Bitcoin Strategy
As MicroStrategy ($MSTR) continues to buy into Bitcoin (BTC-USD), it is interesting to look at where the company is getting ...
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Is Unusual Options a Good or Bad Thing for MicroStrategy (MSTR)? Why It Might Not Matter.
Thanks to MicroStrategy (MSTR) effectively becoming a proxy for the cryptocurrency ecosystem, it wasn’t unusual to see MSTR ...
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MicroStrategy Looks Poised to Join Influential Nasdaq-100 Index. Here's What That Means for the Stock.
MicroStrategy’s (MSTR) potential ranking could weigh around 0.3-0.45% which would result in an approximate of $1 billion in ...
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MicroStrategy (MSTR) Stock: Hedge Funds Bet Big As BTC Breaks $100K
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Nasdaq 100: Upcoming Index Reconstitution Could Be A Major Event
Index impacts funds like QQQ and QYLD. Read why NDX ETFs may face unique challenges with rebalancing and Bitcoin exposure.
MicroStrategy Shares Jumps In Friday Pre-Market As Bitcoin Rebounds To $96,000: Consensus Price Target Reveals Over 15% Upside For MSTR
MicroStrategy Inc. (NASDAQ:MSTR) experienced a notable 4.44% increase in its share price during pre-market trading on Friday ...
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MSTR Stock Trade Review (Or How to Gain 257.42% in 2 Months)
The Path to Profitability on Wall Street Because the future is uncertain and unpredictable, market participants must ...