News with the tag "strategy"

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...

Strategy CEO Michael Saylor has once again made a confident prediction regarding Bitcoin’s future, stating that the cryptocurrency’s price will hit $13 million in the next 20 years. In a speech at the Digital Asset Summit , Saylor reiterated how Bitcoin’s singular attributes as a scarce digital comm...

Ever wondered what truly drives the volatile world of cryptocurrency prices? Is it the groundbreaking technology, the passionate communities, or something else entirely? Matthew Sigel, VanEck’s head of digital assets research, recently dropped a bombshell at the Digital Asset Summit, suggesting that...

Strategy’s Michael Saylor posted on X today that: “EUR gonna need BTC.” The message came at a time when European leaders were already on edge. The U.S. is all in on crypto, and the Eurozone is scrambling to respond. On March 10, top European finance officials admitted they are worried about the euro...

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...

Bloomberg's Weisenthal has downplayed Strategy's Bitcoin success