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Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy

Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused MicrostrategyMajor asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares of Microstrategy’s Class A common stock (MSTR). The filing states: […]

US Bitcoin reserve could slash national debt 35% by 2049: VanEck

Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin

Microstrategy Selling up to  Billion of MSTR Stock to Buy BitcoinMicrostrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to Buy Bitcoin Microstrategy Inc. has […]

US Bitcoin reserve could slash national debt 35% by 2049: VanEck