MicroStrategy Drops Another $209 Million On Bitcoin, Extends
3 days ago · MicroStrategy buys 2,138 BTC for $209 million, bringing total holdings to 446,400 BTC at average price of $62,428 per coin. Company's aggressive Bitcoin strategy boosts market cap to $80 billion ...
Michael Saylor's MSTR Stock Down 30% Since Nasdaq-100 (QQQ …
3 days ago · Despite bitcoin's continued rise through late November and early December to an ultimate high above $108,000, MSTR lost ground — what technicians might call a troubling negative divergence.
Is There An End To MicroStrategy’s (MSTR) Bitcoin Madness?
3 days ago · MicroStrategy continues to grow its Bitcoin holdings. Just last week, the company purchased another 2,138 bitcoins, taking its total to an astonishing 446,400 coins. At today’s Bitcoin prices ...
MicroStrategy Keeps Building Its $41.6B Bitcoin Fortune, While …
3 days ago · MicroStrategy (NASDAQ:MSTR) revealed Monday that it now owns 446,400 Bitcoins (BTC-USD) after acquiring an extra 2,138 Bitcoins for $209 million last week. Its Bitcoin holdings taken together are ...
Why I Capitulated And Started Buying MSTR - Bitcoin Magazine
3 days ago · I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy. ... Sure my bitcoin has performed extremely well, but MSTR has outperformed bitcoin. I know I could just buy spot bitcoin, and maybe that’s the safest play to make. But I’ve ...
MicroStrategy’s Strategic Bitcoin Investment and Equity Sale
3 days ago · MicroStrategy reported a BTC Yield of 74.1% for the year 2024, which is a key performance indicator reflecting the company’s strategy of using equity capital to acquire bitcoin. During December ...
MicroStrategy Hits The Nasdaq 100: What It Means For The Bitcoin …
Dec 20, 2024 · MicroStrategy’s inclusion in the Nasdaq 100 will make its bitcoin returns all the more mind-bending. Popular ETFs tracking the index, including the Invesco QQQ Trust Series ETF with $300 billion...
What Could Go Wrong as MSTR and Others Go Billions in Debt for More Bitcoin
Dec 17, 2024 · In MicroStrategy’s case, that could compel the company to sell some of its bitcoin holdings to pay investors back, while bitcoin mining firms could be forced to sell off various mining assets.
MicroStrategy Bought $4.6B Worth Of Bitcoin Even As It
Nov 18, 2024 · MicroStrategy (MSTR) made a massive addition to its bitcoin (BTCUSD) holdings over the past week. Over the six days ending on Sunday, the technology company acquired 51,780 BTC for...
MicroStrategy shares slip 8% after its end-of-year Bitcoin buy
2 days ago · Shares in Michael Saylor’s MicroStrategy (MSTR) fell over 8% after its $209 million Bitcoin buy on Dec. 30, with some observers starting to share concerns about its “leveraged” play.