News with the tag "bitcoin purchases"

Michael Saylor’s MicroStrategy, now doing business as Strategy, has revealed that it didn’t make any Bitcoin purchases or sell any shares last week. This development is significant, considering that the company has bought BTC in thirteen of the last fourteen weeks as it moves to solidify its positio...

In an era where bitcoin (BTC) has become synonymous with substantial wealth, tales of its early days evoke both fascination and disbelief. Most are familiar with the now-legendary story of two pizzas purchased for 10,000 BTC—valued today at nearly $1 billion. However, the chronicles of bitcoin’s his...

Abra CEO Bill Barhydt revealed that midcap companies and nonprofit organizations are increasingly converting their treasuries to Bitcoin (BTC). This trend follows the successful strategy employed by MicroStrategy (MSTR), which has seen its stock appreciate due to its substantial Bitcoin holdings. Mi...

MicroStrategy Executive Chairman Michael Saylor recently announced that his firm has purchased an additional 11,931 Bitcoins at an average price of ~$65,883 per Bitcoin. This development has given some upside push to the Bitcoin (BTC) price currently trading 1.46% up at $65,995 with a market cap of ...

MicroStrategy, led by Michael Saylor, is once again increasing its bets on the crypto sector with the aim to add more Bitcoin to its portfolio. In a recent announcement, the firm has unveiled its plans to issue $500 million in convertible senior notes. Notably, MicroStrategy said that it intends to ...

MicroStrategy, a business intelligence and analytics software platform, is known for its continuous efforts to collect more and more Bitcoins. Over the years, the company has collected Bitcoin worth billions and swore to continue doing it for a long time. Recently, the company has revealed a loss of...

MicroStrategy (NASDAQ: MSTR), the world’s largest corporate Bitcoin holder, saw a sharp decline in its share price tanking over 25% this week. This MSTR price pullback coincides with the Bitcoin (BTC) price slump in recent times. Amid its strong Bitcoin purchases, the MSTR stock has been running at ...

Bitcoin price has dropped to $68,091.34 after setting the ATH value of $73,750.07 on the 14th of March. After years of struggling in the bearish zone, it has achieved a deserving price. In 2022, there was a time when Bitcoin hit as low as $15,885, and many experienced investors took that as an oppor...

As Bitcoin’s (BTC) value hits unprecedented peaks, MicroStrategy consistently acquires more of the cryptocurrency, capitalizing on each surge in price. According to the latest documentation filed with the SEC, the firm has added another 12,000 Bitcoins to its holdings in just the past fortnight. Mic...

While the Bitcoin (BTC) price continues to make new all-time highs, MicroStrategy continues to scoop up fresh supplies at every new rise. As per the recent SEC filing, the company purchased an additional 12,000 Bitcoins during the last two weeks. MicroStrategy Buys $821 Million Worth of Bitcoins Mic...