MicroStrategy

MicroStrategy CEO: Not Selling BTC, Rumors Untrue
MicroStrategy CEO: Not Selling BTC, Rumors Untrue

Microstrategy CEO Michael Saylor disposed of the rumors that his company was quietly selling bitcoin via Twitter. The executive said that the company will disclose any changes the company will make to its shareholders. The company recently purchased $200 million worth of BTC earlier this month. Recently, a rumor spread on social media that Nasdaq-listed software company Microstrategy has been silently selling its Bitcoin holdings. Michael Saylor, Microstrategy CEO, shared a tweet last Friday to get rid of the rumor. Saylor clarified that the company is regulated by the US Securities and Exchange Commission (SEC). Microstrategy is obligated to reveal

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Rising Economic Strain Leads to Higher Faith in Bitcoin
Rising Economic Strain Leads to Higher Faith in Bitcoin

CEO of MicroStrategy — Michael Saylor shares an interesting video on Twitter.  The tweet highlights a quote from the video about Bitcoin gaining global interest. Host of Coin Stories podcast — Natalie Burnell shares her opinion on the power of Bitcoin CEO of MicroStrategy — Michael Saylor, shares an insightful video from Fox Business. Specifically, the video is about a conversation between a reporter and Natalie Burnell. Burnell is the host of a famous Bitcoin and crypto podcast — Coin Stories.     As we can see from this video, Burnell talks about how the old financial system is slowly crashing and

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Bitcoin Starts Rally as MicroStrategy Announces BTC Buy
Bitcoin Starts Rally as MicroStrategy Announces BTC Buy

Bitcoin price is rallying toward the $40,000 psychological resistance level. The upward price movement is due to India’s announcement that it will not ban crypto. MicroStrategy also purchased an additional 660 bitcoins. Christmas appears to have come very early, as Bitcoin price is rallying after a prolonged downtrend. In fact, Bitcoin is now flirting with the $40,000 psychological resistance level after dipping as low as $32,000 in the last week. As we can see in the chart above, Bitcoin is now reclaiming its previous bullish positions in a convincing manner. From a dip of as low as $32,000, Bitcoin price

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MicroStrategy Buys 7,002 Bitcoins
Saylor Buys the Dip: MicroStrategy Buys 7,002 Bitcoins

MicroStrategy has purchased an additional 7,002 bitcoins. CEO Michael Saylor said each bitcoin acquired averaged $59,187. MicroStrategy now holds 121,044 bitcoins. MicroStrategy CEO Michael Saylor definitely did not pass up the opportunity to buy bitcoins at a discounted price during the Black Friday sale. In fact, he announced that the company has purchased an additional 7,002 bitcoins for $414.4 million. According to Saylor, they bought the bitcoins with cold cash at an average price of $59,187 each. That is, with Bitcoin still trading at a sub-$60,000 range. At the time of writing, Bitcoin price is at $56,559.38, according to CoinGecko.

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MicroStrategy Buys $242.9M Worth of Bitcoin
MicroStrategy Buys $242.9M Worth of Bitcoin. Golden Cross Soon?

MicroStrategy has bought an additional 5,050 BTC for $242.9 million. The crypto market recently experienced another dump in September. A potential Golden Cross is forming. Bitcoin’s foremost institutional backer MicroStrategy announced that it has purchased an additional 5,050 bitcoins for $242.9 million in cash. According to CEO Michael Saylor, each BTC was purchased at an average of $48,099 per piece. Currently, the firm is now holding and managing a total of 114,042 bitcoins, which would amount to about $5 billion at the time of writing. MicroStrategy’s recent Bitcoin buy was welcome news within the crypto community, as the market is

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46M Americans Hold Bitcoin
46M Americans Hold Bitcoin, BTC Offers Financial Freedom

Over 46 million Americans now hold Bitcoin.  This proves that most people are against banning Bitcoin.  CEO of MicroStrategy — Michael Saylor, believes that Bitcoin will bring financial freedom. The journey of Bitcoin (BTC) continues with much gusto. Twitter account — Documenting Bitcoin, continues to make records of its every milestone.  As of today, the latest one says that over 46 million Americans are holding BTC. In detail, Documenting Bitcoin tweets saying — Bitcoin is for everyone.  It goes on to highlight that 46 million Americans now hold BTC. This means that most individuals are now aware of the pioneer

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MicroStrategy Announces $299M Loss
MicroStrategy Announces $299M Loss, Remains Bullish on Bitcoin

MicroStrategy, one of the largest institutional Bitcoin investors, recently announced a loss of $299 million during the second quarter of 2021. This is possibly due to the sheer drop of Bitcoin price from almost $65,000 to $41,355.74, according to CoinGecko at the time of writing. Nevertheless, the company remains bullish on Bitcoin, saying that they are “pleased” with their crypto strategy. According to CEO Michael Saylor, “We continue to be pleased by the results of the implementation of our digital asset strategy. Our latest capital raise allowed us to expand our digital holdings, which now exceed 105,000 bitcoins. Going forward,

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Capital International Buys 12% Shares in MicroStrategy
Capital International Buys 12% Shares in MicroStrategy

Capital International Investors recently bought 953,242 MicroStrategy shares, which is 12.2% of the total. MicroStrategy price rose to as high as $635.50. Bitcoin price also increased and is trading above the EMA. Multinational investment firm Capital International recently purchased 953,242 shares of MicroStrategy. According to a filing with the US Securities and Exchange Commission (SEC), the said amount is about 12% of the total available shares. After word got out, MicroStrategy’s stock saw a rise. At the time of writing, each $MSTR price is worth $628.66, according to Nasdaq. Earlier during the day, the price went up to $635.50.  Relatively,

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MicroStrategy Raises $400m
Michael Saylor’s MicroStrategy Raises $400m Debt to Buy BTC

MicroStrategy offered $400 million of senior secured notes to all qualified institutional investors  The senior secured notes will be due in 2028 and all the proceeds from the transaction will be used to buy Bitcoin. MicroStrategy, a firm headed by its CEO Michael Saylor is borrowing $400 million to buy Bitcoin. Specifically, MicroStrategy is offering $400 million of senior secured notes to all qualified institutional investors. These notes will be due in 2028 and all the proceeds from the transaction will be used to buy Bitcoin. Saylor explained: We say bitcoin is hope. Bitcoin fixes everything…that certainly was the case

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MicroStrategy-Buys-More-Bitcoin
MicroStrategy Buys More Bitcoin Amid Crypto Dip

MicroStrategy has purchased 229 additional bitcoins for about $43,663 each. The firm now holds and manages 92,079 bitcoins. Bitcoin and major altcoins took a massive dip after Tesla CEO Elon Musk halted bitcoin payments for car purchases. Amid massive outrage in the crypto community in relation to Bitcoin’s recent falloff from the $50,000 mark, enterprise analytics firm MicroStrategy has purchased additional bitcoins. The firm bought an additional 229 bitcoins at an average price of $43,663 per BTC. According to a tweet by CEO Michael Saylor, they bought the bitcoins in cash at a total of $10 million. Currently, the firm

1 min read
MicroStrategy-to-Buy-More-Bitcoins
MicroStrategy to Buy More Bitcoins After Q1 2021 Revenue

MicroStrategy announced that it will buy more bitcoins after an impressive Q1 2021 results. The firm revealed a gross profit increase of $100.4 million during the said time period. At the time of writing, BTC price is at $57,860.41. Cryptocurrency investment firm MicroStrategy announced its plan to buy more bitcoins after an impressive revenue in the first quarter of 2021. According to the press release, the firm raised more than $122.9 million, which is a 10.3% increase compared to the same quarter of last year. CEO Michael Saylor said that they have successfully raised an additional capital of over $1

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