MicroStrategy buys $2.03B worth of bitcoin
MicroStrategy Inc. (MSTR) has executed its largest bitcoin (BTC-USD) acquisition since initiating its cryptocurrency strategy four years ago. The company bought approximately 27,200 bitcoins for $2.03 billion.
MicroStrategy Stock Hits All-Time High as Bitcoin Breaks $88,000
Fresh off a $2 billion Bitcoin acquisition, MicroStrategy's share price hit an all-time high Monday, breaking a nearly 25-year-old record.
Will MicroStrategy's $42 Billion Bitcoin Bet Boost MSTR Stock Further?
MicroStrategy Inc (NASDAQ:MSTR) has made waves with its bold, billion-dollar bet on Bitcoin (CRYPTO: BTC). The company recently announced an aggressive acquisition plan, vowing to invest $42 billion into Bitcoin over the next three years.
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in cryptocurrency plays.
MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B
Michael Saylor's MicroStrategy, the largest corporate holder of bitcoin, has bought another 27,200 BTC for $2 billion.Its bitcoin stash was
MicroStrategy’s Surging Stock Looks Costly at 3 Times Value of Bitcoin Stake
The company is the largest corporate holder of Bitcoin, with a stake of 279,420 coins. It disclosed early Monday that it had bought the additional coins for about $2 billion from
MicroStrategy’s Bitcoin Holdings Exceed $20B, With ROI Hitting Over 100%
SaylorTracker data shows that MicroStrategy's Bitcoin portfolio is worth over $20.67 billion, with a return on investment (ROI) of 107.8%.
MicroStrategy Buys Another $2 Billion Bitcoin, Taking BTC Hoard Past $23 Billion As Analysts Eye BTC At $100K
MicroStrategy has acquired 27,200 more Bitcoin for over $2 billion, boosting the value of its portfolio to about $23.5 billion as some analysts say Bitcoin is headed for $100K. The firm said in a Nov.
MicroStrategy keeps buying up Bitcoin as the Trump election rally powers crypto higher
A major Bitcoin investment fund just announced a ten-figure buy of the cryptocurrency. MicroStrategy Inc. said Monday that it spent the the first weeks of November stockpiling the digital asset, and its shares are up 17% in Monday trading.
MicroStrategy Acquires Another 27,200 Bitcoin Worth $2 Billion
MicroStrategy now holds 279,420 Bitcoin, purchased at an average price of $42,692. Michael Saylor has utilized stock sales to grow MicroStrategy's Bitcoin holdings as a strategic corporate reserve asset.
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MicroStrategy C Corp Means Double Taxation: $107 NAV Is Price Target
MicroStrategy may be overvalued at $350/share, with a NAV of $107/share. MSTR's C Corp structure results in double taxation ...
Bitcoin Proxy MicroStrategy Director Sells 40K Company Shares Worth $12M As Stock Hits All-Time High
MicroStrategy Inc. (NASDAQ:MSTR) director Leslie J. Rechan has executed a significant sale of company shares, amounting to ...
Bitcoin Price Forecast: BTC Crosses $90K as MicroStrategy, Blackrock and Elon Musk trigger $460 Billion Inflows
Bitcoin surged past $90K on Nov. 12, arket reports indicate U.S. corporate giants, notably MicroStrategy (MSTR) and BlackRock ...
MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)
MicroStrategy's market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x. Learn more ...
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Will MicroStrategy (MSTR) stock reach $300 as Bitcoin surpasses $82,000?
MicroStrategy holds over 252,000 Bitcoins acquired at an average price of $39,266. Observing how MSTR reacts as Bitcoin ...
MicroStrategy (MSTR) Stock Trades Up, Here Is Why
Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) jumped 22% in the afternoon session after the ...
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MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's ...
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Why MicroStrategy Inc (MSTR) Stock is Currently 17.39% Above from Its 20-Day SMA?
On Friday, MicroStrategy Inc (MSTR) stock saw a decline, ending the day at $270.42 which represents a decrease of $-0.39 or -0.14% from the prior close of $270.81. The stock opened at $275.58 and ...
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Master2100 Price Prediction: MSTR Tops Meme Coin Gainers With 48% Leap, But Traders Eye This Presale Token With 1,384% APY
The Master2100 price has jumped 48% in the last 24 hours to trade at $2.68 as of 8 p.m. EST on a 72% leap in trading volume ...
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What's Going On With MicroStrategy Stock Monday?
MicroStrategy Inc (NASDAQ:MSTR) shares are trading higher Monday after Bitcoin (CRYPTO: BTC) prices hit new all-time highs ...