To fund this investment, the company has made several bold moves. For example, for this last purchase, MicroStrategy sold $1.1 billion worth of its common shares. In October this year, the firm ...
MicroStrategy's mega $2.6 billion convertible issuance at a 0% coupon in November can be thought of as a loan with no interest. With it, MicroStrategy plans to buy more bitcoin, and to keep using ...
Since MicroStrategy (MSTR) became a bitcoin treasury company in August 2020, it has used three primary instruments to acquire bitcoin (BTC): cash on hand, at-the-market (ATM) offerings and ...
We came across a bearish thesis on MicroStrategy Incorporated (MSTR) on Monopolistic Investor’s Substack by Antoni Nabzdyk. In this article, we will summarize the bears’ thesis on MSTR. MicroStrategy ...
But the cryptocurrency quickly reversed course and now sits just under $96,000. That brings MicroStrategy’s total holdings to 450,000 bitcoin with an average purchase price of $62,691.
Benchmark Company maintains a "Buy" rating on MicroStrategy with a $650 price target based on projected value. Get the Real Story Behind Every Major Earnings Report What Happened: At a recent ...
MicroStrategy bought 2,530 more $BTC worth $243 million Some finance experts have questioned MicroStrategy's Bitcoin treasury strategy One analyst said MicroStrategy ...
MicroStrategy Inc. bought $243 million of Bitcoin, the 10th consecutive weekly purchase by the enterprise software company turned leveraged Bitcoin proxy. The Tysons Corner, Virgina-based firm now ...
The price of bitcoin (BTC-USD) may be slumping on Monday, but Wall Street firm Cantor sees plenty of room for MicroStrategy's (NASDAQ:MSTR) stock to run higher as the business software company ...
MicroStrategy shares have surged due to its unique strategy of leveraging Bitcoin and issuing debt and equity to grow Bitcoin holdings per share. The company's 21/21 plan aims to raise $42 billion ...
Cantor Fitzgerald raised the firm’s price target on MicroStrategy (MSTR) to $613 from $581 and keeps an Overweight rating on the shares. MicroStrategy “delivered a record year” in terms of ...
His bylines include Cointelegraph, Benzinga, Crypto.News, and BeInCrypto. MicroStrategy, a top corporate Bitcoin (BTC) holder, just acquired 2,530 BTC for $243 million. A recent 8-K form filed by ...