News with the tag "Michael Saylor"

Strategy founder Michael Saylor declared that bitcoin will absorb up to $500 trillion in global capital by displacing gold, real estate, and other traditional stores of value (SoV) in a sweeping digital transformation of wealth. Bitcoin’s $500 Trillion Future Lies in Replacing ‘20th-Century Assets,’...

Strategy, led by Michael Saylor, has announced a funding round, raising $722 million through the sale of its Series A Perpetual Strife Preferred Stock (STRF). The company plans to use the proceeds to further expand its Bitcoin holdings. This marks another move in Strategy’s ongoing effort to increas...

Strategy (formerly Microstrategy) announced the pricing of 8.5 million shares of 10.00% Series A Perpetual Strike Preferred Stock at $85 per share, expecting $711.2 million in net proceeds after underwriting fees. Settlement is scheduled for March 25, 2025. Strategy Prices 8.5M Shares at $85 Each in...

Strategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest preferred stock issue. The company sold 8.5M shares of its 10% Series A Perpetual Strife Preferred Stock at price of $85 each, raising roughly $711.2M. Strategy init...

Michael Saylor’s Strategy (formerly MicroStrategy) unveiled a $10.7 billion Bitcoin purchase Monday, lifting its total holdings to nearly 500,000 BTC as the company resumed Bitcoin acquisitions after a two-week hiatus. It’s the smallest Bitcoin purchase in Strategy history, both in terms of BTC tota...

Prominent American entrepreneur Jason Calacanis has accused Michael Saylor of hijacking Bitcoin

Michael Saylor’s Strategy, formerly known as MicroStrategy, has added 130 Bitcoin (BTC) to its growing cryptocurrency holdings. The company disclosed that it acquired these assets between March 10 and March 16, at an average purchase price of $82,981 per BTC, for a total expenditure of $10.7 million...

Michael Saylor, the executive chairman of MicroStrategy and one of Bitcoin’s most vocal advocates, is reportedly preparing to purchase $21 billion worth of Bitcoin , a move that could have profound implications for the cryptocurrency market. According to Ash Crypto, if Saylor executes this purchase ...

The Strategic Bitcoin Reserve could generate up to $81 trillion for the U.S. Treasury by 2045, offsetting national debt and securing economic dominance. Michael Saylor Calls on the US Government to Embrace Bitcoin for $81 Trillion Growth Michael Saylor, executive chairman of software intelligence fi...

Strategy raises up to $21B through stock sales to boost Bitcoin holdings. Saylor proposes the U.S. acquire 5%-25% of Bitcoin supply to create a national reserve. Strategy holds 499,096 BTC, worth $41.2B, aiming for more acquisitions. Strategy, formerly MicroStrategy, is launching a $2.1 billion fund...