News with the tag "microstrategy"

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,’...

The 10.00% Series A Perpetual Preferred Stock (STRF) from Strategy has been successfully priced, with a planned issuance of 8.5 million shares at $85.00 per share. This is a very healthy increase from the initial offering size of $500 million, which later grew to $722.5 million, thanks to investor d...

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...

After weeks of instability and unpredictability amid Trump’s trade war and the FOMC meeting, the MicroStrategy (MSTR) stock is gaining momentum. The Fed’s decision to keep the interest rate unchanged has played the biggest role, as it influenced the financial market, including stock and crypto. In t...

A filing by the asset management company Strategy (formerly MicroStrategy) with the U.S. SEC on March 18 revealed that the firm planned to issue an additional 5,000,000 shares of its 10.00% Series A Perpetual Strife Preferred Stock. The firm also confirmed that the stock would be available at $100 p...

A bullish technical analysis pattern, contrasting with the one in bitcoin ( BTC ) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy's (MSTR) price chart. The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, s...

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...

Strategy has expanded its bitcoin holdings to 499,226 BTC after a $10.7 million purchase, while preparing a massive $21 billion stock offering for future BTC acquisitions. Strategy Holds 499,226 BTC—While Raising Nearly $21B for Even Bigger Buys Software intelligence firm Microstrategy (Nasdaq: MSTR...