MicroStrategy Added 11K Bitcoin for $1.1B, Pushing Holdings to 461K BTC
In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC. This latest bitcoin average purchase price was $101,191, increasing MicroStrategy's overall average purchase price to $63,610.
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether ...
MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help ...
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
With Bitcoin ETFs outperforming gold, this asset stands out as an important piece in diversified portfolios. Read my analysis ...
In an exclusive interview, Ondřej Kavka, CTO and Co-founder at BitDCA hinted that retail traders could mirror MicroStrategy ...
MicroStrategy Inc. (NASDAQ:MSTR) shares dropped 2.35% in overnight trading on Robinhood Markets on Tuesday, falling to ...
That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s ...
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