MicroStrategy announced a new purchase of 5,050 bitcoins (BTC). According to Michael Saylor, CEO of the company, the company paid an average price of $48,099 per BTC, which resulted in a total value of $242.9 million. As a result, the company surpassed the 110,000 BTC
Software company MicroStrategy announced this Tuesday (14) that it purchased more than 3,907 bitcoins for $177 million in cash between July and August. Each token was purchased for an average price of $45,294, including fees and expenses — lower than today’s currency quote of $48,200.
Many Bitcoin enthusiasts recommend that the best strategy with regard to cryptocurrency is to buy and store, the famous hold. But Michael Saylor, CEO of a business intelligence firm MicroStrategy, went further. According to him, investors should never sell their BTCs. As Saylor pointed out,
MicroStrategy released its quarterly results on Thursday (29), with strong losses in Bitcoin (BTC). In total, the company accumulates a loss of US$ 689 million. Such loss is an unrealized loss as the company did not sell BTC. However, the sharp drop did not discourage
MicroStrategy completed today its $500 million offering of secured notes, according to a statement. The company said it plans to use the proceeds, which it estimates at $488 million — after discounts, comissions and expenses — to buy more bitcoin. The offering was of secured
MicroStrategy booked $ 1.6 billion in orders in a recent junk bond offering, four times the amount originally sought to buy bitcoin. Earlier this week, MicroStrategy announced that it would issue $400 million in junk bonds as part of a private offering, with a view
It seems that Tesla and SpaceX CEO Elon Musk is back to the bitcoin community, this is what his and MicroStrategy CEO Michael Saylor tweets show. Elon Musk tweeted on Monday (24) that he spoke with North American Bitcoin miners, and it seems that they
After promoting Bitcoin in the past few months, Elon Musk stepped back and caused prices to crash. While the billionaire causes the price to drop, MicroStrategy takes the opportunity to buy 271 BTC. On Wednesday (12), the executive announced that Tesla will no longer sell
Binance, one of the largest cryptocurrency exchanges in the world, announced that they will make available stock tokens from Apple, Microsoft and Microstrategy. These are tokenized versions of assets traded on the Nasdaq stock exchange and which have become the subject of controversy involving regulatory
MicroStrategy bought another $10 million in Bitcoin. This is the latest in a series of Bitcoin purchases, as the company continues to increase its $4.4 billion cash flow. MicroStrategy CEO Michael Saylor announced today that the company has purchased 205 Bitcoins for about $ 10