MicroStrategy spends $5.4 billion buying another 55,000 bitcoins, shares slide
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
MicroStrategy's $5.4B Buy Last Week Adds To Its Bitcoin Hoard; Stock Stumbles
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software company said it had bought $5.4 billion of the cryptocurrency.
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
MicroStrategy acquired 55,500 bitcoins for about $5.4B from Nov. 18-24
In a regulatory filing, the company announced that, during the period between November 18 and November 24, the company acquired approximately
MicroStrategy Buys Record $5.4 Billion of Bitcoin
MicroStrategy, the software-intelligence company turned bitcoin-holding entity, has bought about $5.4 billion of bitcoin, its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago.
MicroStrategy Adds $5.4B of Bitcoin; Trump Taps Pro-Crypto Scott Bessent for Treasury Secretary
MicroStrategy has added another 55,500 BTC to their stack in the most recent bitcoin purchase. The company now holds nearly 387,000 BTC in total. Plus, Tether is reportedly in talks with Cantor Fitzgerald to support the firm's plan for a bitcoin lending program and president-elect Trump picks pro-crypto hedge fund manager Scott Bessent for Treasury Secretary.
MicroStrategy sets new record with another $5.4B Bitcoin purchase
MicroStrategy is now sitting on 55,000 more Bitcoin after spending an additional $5.4 billion on the cryptocurrency. With the purchase, the company’s Bitcoin reserves total 386,700 BTC. According to a filing released on November 25,
MicroStrategy Shares Rise In Monday Pre-Market As Michael Saylor Reveals MSTR Generating $500M Daily Amid Bitcoin's Surge (UPDATED)
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
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MicroStrategy (MSTR) Stock Price Target Raised To $600 By Bernstein
Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining ...
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Stock Market News: Nasdaq Composite Rises & Wall St Upgrades MicroStrategy (MSTR) and Palantir (PLTR)
Live Updates Make sure to refresh this page periodically for updates. Palantir Receives Upgrade 9:18 am Another stock seeing ...
Jim Cramer on MicroStrategy Incorporated (MSTR): ‘I’ve Gotta Tell You, It’s A Bitcoin Play’
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Understanding MicroStrategy
MicroStrategy faces significant refinancing risk, which could lead to unfavorable debt terms or even bankruptcy. Read why I'm ...
Analysts overhaul MicroStrategy stock price target amid bitcoin rally
Bernstein analyst Gautam Chhugani, who boosted his price target on MicroStrategy by $310 to $600 a share in a note published ...
What’s Flying Higher Than Bitcoin? The Software Company Buying Up Bitcoin
MicroStrategy shares are a more popular bitcoin play than the cryptocurrency itself for many individual investors.
MSTU: T-Rex's 2x MicroStrategy ETF Captures Lightning In A Bottle, Turns Into A $3 Billion Behemoth
MSTU has surged 800% since its launch, thanks to MSTR's stock performance and a favorable market environment. See why I rate ...