The price of Bitcoin is recording fluctuations amid a general rebound in the crypto market. BTC prices have traded by over 5% in the past seven days, from around $56,800 to $60,350. Although this price remains far from its previous All-Time High (ATH) of $73,800 in March, investors see the current trend as a bullish…
September 19, 2024 at 11:56 AM GST updated: September 19, 2024 at 11:57 AM 2 mins read News MicroStrategy transferred 4,922.697 BTC, worth $294 million, to three new addresses, aligning with its strategy to increase Bitcoin holdings. The transfer coincided with the Federal Reserveâs rate cut, sparking Bitcoinâs 3% price surge and a rise in…
MicroStrategy has increased its convertible debt offering to $875 million from $700 million to purchase more Bitcoin, according to a Sept. 18 statement. The Virginia-based company aims to raise these funds by selling convertible senior notes with an interest rate of 0.625% annually. These unsecured senior obligations will be available to institutional investors in a…
The CEO of JAN3 Bitcoin, Samson Mow, an enthusiastic Bitcoin supporter, recently boasted about his abilities and knowledge of investing in the crypto and utilizing fiat forms of currency. According to Mow, explaining what Bitcoin is and its price in fiat currencies would enhance the simple entry of novices to the worldâs biggest cryptocurrency. Mow…
September 17, 2024 at 11:15 AM GST updated: September 17, 2024 at 10:37 AM 2 mins read News MicroStrategy plans to expand its Bitcoin holdings using a $700 million convertible notes offering targeting institutional buyers. Funds will repay $500 million in debt and buy more Bitcoin, showing MicroStrategyâs commitment to Bitcoin as a financial strategy….
On Sept. 16, MicroStrategy founder Michael Saylor announced that the firm was planning its third debt offering this year, aiming to raise $700 million by issuing convertible senior notes. The figure is the aggregate principal amount, and there is an option for an additional $105 million in notes that mature in September 2028. Buying More…
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to…
MicroStrategy Incorporated has disclosed that it acquired 18,300 Bitcoins for $1.11 billion from August 6, 2024, to September 12, 2024. The co-founder of the company, Michael Saylor, also owns $1 billion worth of Bitcoin with plans to acquire more. MicroStrategy has, in its latest report, disclosed that its consistent Bitcoin (BTC) accumulation has brought its…
September 15, 2024 at 04:55 AM GST updated: September 15, 2024 at 02:08 AM 2 mins read News Bitcoin peaks at $60,770, highest since early September, amid Federal Reserve rate cut expectations. MicroStrategyâs BTC holdings now valued at $14.15B, with a profit of $4.71B at current prices. Bitcoin whale transactions soar, with $12.18M moved to…
Nasdaq-listed software firm MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), has added another 18,300 BTC to its holdings for approximately $1.11 billion, according to a recent announcement from Executive Chairman Michael Saylor. As of September 12, 2024, the company now holds a total of 244,800 bitcoins, acquired for roughly $9.45 billion at an…
đ Stay Ahead with AltcoinDaily.co! đ Bitcoin (BTC) development MicroStrategy has expanded its portfolio with an additional 18,300 BTC valued at about $1.1 billion. The new purchases were made at an average cost of $60,408 per coin. MicroStrategyâs Executive Chairman, Michael Saylor, gave the update, earlier today in a post on X. MicroStrategyâs Increasing BTC…
September 13, 2024 at 11:36 PM GST updated: September 13, 2024 at 11:37 PM 2 mins read News MicroStrategy acquired 18,300 Bitcoin between Aug. 6 and Sept. 12, 2024, for $1.11 billion at an average price of $60,408 per BTC. The company raised $1.11 billion through the sale of 8 million shares to fund its…
MicroStrategy acquired approximately 18,300 Bitcoin for $1.1 billion between Aug. 6 and Sept. 12 at an average price of $60,408 per BTC, according to a Sept. 13 filing with the US Securities and Exchange Commission (SEC). Coinflip data shows the companyâs latest purchase already has a paper loss of $2.2 million due to the top…
Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made through a prior sales agreement enabling stock sales to fund…
Michael Saylor, the co-founder and current chairman of MicroStrategy, announced the latest massive BTC purchase his company made. With it, the business intelligence software giantâs total Bitcoin stash skyrocketed to 244,800 BTC, worth more than $14 billion at current prices. MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per #bitcoin and has achieved…
Saylor projects Bitcoinâs value will soar to $13M, driven by its compound annual growth rate of 44%. MicroStrategyâs Bitcoin-focused strategy has increased its stock by 800%, surpassing even Nvidiaâs impressive growth. Despite recent Bitcoin price drops, Saylor remains confident in its long-term growth, with a $256 trillion market cap forecast. Michael Saylor, Executive Chairman of…
Este artĂculo tambiĂ©n estĂĄ disponible en español. Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firmâs trust in the leading digital asset. âJapanese MicroStrategyâ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought…
In a recent interview on CNBCâs âSquawk Box,â Michael Saylor, the executive chairman of MicroStrategy, shared details about the companyâs bold Bitcoin investment strategy. He said how BTC strategy has reshaped their business. Since the companyâs first purchase investment in August 2020, MicroStrategy has bought approximately $8.3 billion Bitcoin from this, leading to its growth….
MicroStrategy Executive Chairman Michael Saylor predicted on Monday that Bitcoin will reach $13 million over the next two decades. The billionaire explained why the leading digital assetâs recent volatility hasnât frightened his company, and the advantages for investors to buy into MSTR instead. Bitcoin To $13 Million, Says Saylor During an interview with CNBC, Saylor…
September 9, 2024 at 09:10 PM GST updated: September 9, 2024 at 08:22 PM 2 mins read Crypto Live News MicroStrategy holds over $8.3B in Bitcoin and offers Bitcoin-backed convertible bonds to mitigate volatility risks for investors. Bitcoin has grown 44% annually since 2020, outpacing the S&P 500âs 12%, driving MicroStrategyâs success in the cryptocurrency…
El Salvador-based activist and founder of My First Bitcoin, John Dennehy highlighted the evolution of Bitcoin (BTC) in three years. On X, the crypto enthusiast recalled being in San Salvador on September 6, 2021, just a day before it became legal tender in El Salvador. On September 7, 2021, El Salvador, under the leadership of…
September 5, 2024 at 10:09 AM GST updated: September 5, 2024 at 09:22 AM 2 mins read News Companies have grown their Bitcoin holdings by 587% over the last four years, led by firms like MicroStrategy, Tesla, and Square. MicroStrategy alone holds over 152,000 BTC, having increased its Bitcoin reserves by more than 300% since…
September 5, 2024 at 01:15 AM GST updated: September 5, 2024 at 12:12 AM 2 mins read News MicroStrategy holds 226,500 BTC valued at $12.78 billion, showcasing a strong institutional belief in Bitcoin. DOGEâs price skyrockets by 678% due to heavy whale activity, highlighting market volatility.â Michael Saylor adopts a fast-food worker persona in latest…
đ Stay Ahead with AltcoinDaily.co! đ Metaplanet, a Japanese venture capital firm, has collaborated with SBI VC Trade, the crypto arm of financial services behemoth SBI Group. Interestingly, Metaplanet will leverage SBIâs secure services, such as tax efficiency, trading assistance, and other operations. Metaplanet, the Japanese Microstrategy Above all, the crypto trading company is set…
Japanese investment firm Metaplanet has announced a partnership with SBI VC Trade, a subsidiary of financial services behemoth SBI Group. Partnership will help boost Metaplanetâs Bitcoin strategy, including compliance. Metaplanet has acquired 360 Bitcoin (BTC) as it targets becoming âAsiaâs MicroStrategyâ In an announcement on Sept. 2, Metaplanet said its collaboration with SBI VC Trade…
MicroStrategy, American software company has already become the largest institutional Bitcoin holder ranking even above certain countries. For the first four months of 2024, MicroStrategy purchased 25,250 more bitcoins, thus accumulating 214,400 BTC worth more than $14 billion. Such a stash is equal to more than 1% of all bitcoins and far exceeds the countryâs…
In the latest news, Vortex Brands Co. has started buying shares of MicroStrategy Inc. to copy MicroStrategyâs approach to buying Bitcoin. Vortex, a cryptocurrency miner, will purchase 10 MicroStrategy shares per month and report its positions quarterly. Vortex Brands Invests in MicroStrategy for Bitcoin As stated in a press release, Vortexâs first investment was to buy 10…
August 21, 2024 at 02:17 PM GST updated: August 21, 2024 at 11:39 AM 2 mins read News Michael Saylorâs bold tweet claims Bitcoin is âgoing up foreverâ after its recent surge past $61K, despite a slight pullback. MicroStrategy boosts its Bitcoin stash to 226,500 BTC, raising $2B to buy more, signalling confidence in future…
Tokyoâs Metaplanet investment firm revealed that it has acquired an additional 57.273 BTC, valued at approximately 500 million yen or $3.4 million amidst the current market lull to set the stage for long-term growth. This purchase is part of the strategy announced on August 8, following the firmâs acquisition of a 1 billion yen loan,…