BITPRISMIA
Michael Saylor’s Strategy, the new name announced earlier today for MicroStrategy Inc., had a fourth consecutive quarterly loss as the company faced a $1 billion impairment charge against its Bitcoin holdings.
MicroStrategy Inc., the software maker that has been tapping capital markets to fund purchases of Bitcoin, announced on Wednesday that the company would now be doing business under the name Strategy.
MicroStrategy Inc. has raised $563 million through a debt-like equity offering to help finance its purchase of more Bitcoin.
MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency.
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders of the dot-com-era software maker turned leveraged Bitcoin proxy.
MicroStrategy Inc., the dot-com-era software maker turned leveraged Bitcoin proxy, bought an additional $1.5 billion of the cryptocurrency through the sale of stock.