Michael Saylor’s MicroStrategy is at it again, adding another 2,530 Bitcoin (BTC) to its digital treasure trove. According to a new post on the social media platform X by Saylor himself, the software development firm now holds 450,000 BTC valued at $28.2 billion. “MicroStrategy has acquired 2,530 BTC for ~$243 million at ~$95,972 per Bitcoin […]
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Microstrategy, a leading business intelligence firm, has added 2,530 bitcoin (BTC) to its holdings, bringing its total to 450,000 BTC. The purchase, valued at approximately $243 million, was announced by Michael Saylor, Microstrategy’s executive chairman, on the social media platform X. Microstrategy’s Bitcoin Holdings Now Worth Over $28 Billion The latest acquisition, made at an […]
Critics call it heedless; supporters say it’s brilliant. Either way, Michael Saylor continues doubling down on Bitcoin.
MicroStrategy co-founder Michael Saylor has adopted an aggressive Bitcoin acquisition strategy that onlookers say is either a visionary stroke of genius or a reckless gamble.
Those in the latter camp warn that MicroStrategy’s heavy reliance on a volatile asset like Bitcoin is fraught with risk. A significant drop in Bitcoin’s price could strain the company’s balance sheet and heighten financial pressures, potentially undermining its ability to meet debt obligations or raise additional funds.
Despite the risks, Saylor remains resolute. The American entrepreneur says he has “no reason to sell the winner.”
Microstrategy’s bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates. Microstrategy’s Bitcoin Empire Surges – $22B in BTC for 2024 Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), has shared details on the company’s bitcoin acquisitions for 2024, highlighting significant […]
Enterprise software firm MicroStrategy is announcing a $2 billion fundraising plan to purchase more Bitcoin (BTC). In a new company press release, MicroStrategy says it’s looking to accumulate more of the top crypto asset by market cap in 2025 to strengthen its position in the market. However, the firm says its planned capital raise slated […]
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According to data from the SaylorTracker website, MicroStrategy currently holds 446,400 Bitcoin, valued at approximately $43.7 billion.
MicroStrategy co-founder Michael Saylor posted the Bitcoin (BTC) chart from the SaylorTracker website on Jan. 5 — the same chart Saylor typically posts on Sunday before purchasing Bitcoin on the following day.
"Something about SaylorTracker.com is not quite right," the tech founder wrote to followers on X, hinting at an impending Bitcoin acquisition on Monday.
Saylor posted the same chart one week ago, on Sunday, Dec. 29, and MicroStrategy purchased 2,138 BTC, at an average purchase price of $ 97,837 per coin, on Dec. 30.
The largest publicly traded corporate holder of Bitcoin (BTC) just added over 2,000 new tokens to its stash. According to MicroStrategy founder Michael Saylor, the software development firm just snagged 2,138 BTC worth approximately $209 million. “MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per Bitcoin and has achieved BTC yield of 47.8% […]
The post MicroStrategy Acquires 2,138 Bitcoin As Value of the Firm’s BTC Stash Balloons to Over $27,000,000,000 appeared first on The Daily Hodl.
Microstrategy may have scooped up 2,138 BTC recently, but its stock price has been anything but steady. The company’s shares are now trading more than 36% below their record high. Microstrategy Doubles Down on Bitcoin, but Can It Weather a 36% Stock Drop? Since adopting its bitcoin (BTC) strategy in 2020, Microstrategy, led by founder […]
MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices.
Business intelligence firm and Bitcoin investor MicroStrategy has acquired 2,138 Bitcoin for $209 million, boosting its total holdings of the cryptocurrency.
On Dec. 30, MicroStrategy announced that it added 2,138 BTC to its holdings between Dec. 23 and Dec. 29. The company said it used $209 million in cash to purchase the coins at an average price of about $97,837 per BTC.
According to a filing, MicroStrategy funded the acquisition by selling 592,987 shares during the same week.
Energy management platform KULR Technology is debuting its Bitcoin (BTC) treasury strategy with the acquisition of $21 million worth of the flagship crypto asset. In a new statement, the company says it bought 217.18 BTC at an average price of $96,556.53 per Bitcoin. The asset is currently trading for $95,737. KULR completed the purchase just […]
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