MicroStrategy executive chairman Michael Saylor says that he wanted to meet privately with Microsoft CEO Satya Nadella to talk about Bitcoin (BTC) adoption. In an X Space discussion, Saylor says the plan was to propose to Microsoft’s board of directors to consider Bitcoin as a treasury asset in a three-minute presentation. The Bitcoin bull says […]
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Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029. No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act. Initially proposed at $1.75 […]
MicroStrategy upsizes its note sale to $2.6 billion to fund Bitcoin purchases, boosting confidence in BTC’s price reaching the $100,000 milestone.
MicroStrategy said it has increased its upcoming note sale to $2.6 billion, signaling bullish expectations for Bitcoin’s potential to surpass the $100,000 mark.
MicroStrategy, the largest corporate Bitcoin (BTC) holder, is set to raise $2.6 billion from senior convertible notes at a 0% interest rate to buy more BTC.
The note sale was upsized from a previously announced offering of $1.75 billion aggregate principal amount of notes, the firm shared in a Nov. 20 statement.
Microstrategy Incorporated has unveiled a bold plan to raise $1.75 billion through a private offering of convertible senior notes, doubling down on its commitment to bitcoin investments. Business Intelligence Firm Seeks $1.75 Billion in Private Offering to Continue Bitcoin Strategy The business intelligence firm, Microstrategy (Nasdaq: MSTR), publicly listed and based in Virginia, is set […]
Microstrategy’s massive $4.6 billion bitcoin buy pushes its holdings to 331,200 BTC, fueling bold predictions of $100K soon and a bull case of $49 million. Microstrategy Secures 51,780 BTC, Pushing Bitcoin Treasury Beyond $16 Billion Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) filed a report with the U.S. Securities and Exchange Commission (SEC) on Monday, […]
MicroStrategy acquired an additional 51,780 BTC worth $4.6 billion, boosting its total holdings to 331,200 Bitcoin as BTC prices hit record highs above $92,400.
MicroStrategy, one of the world’s largest public holders of Bitcoin, continued stacking BTC even as the cryptocurrency broke new highs.
On Nov. 18, MicroStrategy announced it purchased 51,780 Bitcoin (BTC) for about $4.6 billion at an average price of $88,627 per BTC.
With the latest acquisition, MicroStrategy’s total Bitcoin holdings have grown to 331,200 BTC, purchased at an aggregate cost of $16.5 billion. The average price per Bitcoin across all purchases is $49,874.
Michael Saylor and MicroStrategy’s system of issuing bonds to buy Bitcoin (BTC) comes with substantial risk, according to BitMEX Research. In a new report, BitMEX comments on the business intelligence firm’s massive corporate holding of Bitcoin, which it has largely accumulated by issuing debt. While a forced liquidation is “highly unlikely,” BitMEX notes that Bitcoin […]
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Michael Saylor is planning a $100K bitcoin celebration, citing bullish momentum fueled by Wall Street support, regulatory optimism, and Microstrategy’s aggressive BTC acquisitions. ‘All of Our Investors Tell Me, They Want Me to Buy More Bitcoin’ Michael Saylor, the pro-bitcoin executive chairman of Microstrategy (Nasdaq: MSTR), delved into BTC’s trajectory and the cryptocurrency industry’s future […]
"Let's be clear on one thing. Gary Gensler is evil," Tyler Winklevoss said in a detailed thread about the SEC chair amid resignation rumors.
Cryptocurrency exchange Gemini co-founder Tyler Winklevoss claims the damage caused by United States Securities and Exchange Commission (SEC) chair Gary Gensler to the crypto industry is irreversible as speculation mounts that Gensler may resign.
“Let’s all be clear on one thing. Gary Gensler is evil,” Winklevoss declared in a Nov. 15 X post. “He should never again have a position of influence, power, or consequence,” Winklevoss added.
Winklevoss’ remarks follow growing optimism among crypto market participants that Gensler, a well-known crypto skeptic, may resign after Trump’s win in the US presidential election on Nov. 5.
This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway.
MicroStrategy is ramping up its Bitcoin (BTC) reserve strategy. On Nov. 11, the company disclosed another large purchase of the cryptocurrency, adding 27,200 BTC to its treasury for about $2.03 billion in cash.
According to the firm, the coins were purchased between Oct. 31 and Nov. 10, with an average cost of $74,463 per BTC, including fees and expenses.
The company remains by far the largest corporate holder of Bitcoin, followed only by major mining firms. According to the “Saylor Tracker,” named after the firm’s founder and chairman, Michael Saylor, MicroStrategy now holds 279,420 BTC, worth $24.9 billion as the coin price hovers around $89,000.
