Tag: microstrategy

Jan 24 2021

Famed Investor Bill Miller Explains Buying MicroStrategy Debt: It’s the Bitcoin

"Not owning any Bitcoin has been a massive mistake, and we expect that will continue to be true," the famed value investor wrote to clients.

Top 5 Crypto News: 01/23

After making a daily low of $31,480, Bitcoin is now trading close to $32,409, and Ethereum is trading close to $1,295. According to Coingecko, Chainlink surpassed the market cap of Litecoin and grabbed 7th rank. Let’s find out...

Jan 22 2021

MicroStrategy Buys Bitcoin Dip, Now Holds 70,784 BTC

MicroStrategy just spent another $10 million on Bitcoin. The purchase brings MicroStrategy's holdings to 70,784. MicroStrategy Buys Bitcoin, Again MicroStrategy isn't done buying Bitcoin just yet. The business intelligence giant, headed by crypto convert Michael Saylor, has purchased 314 Bitcoin, worth roughly $10 million. The move brings the company's total holdings to 70,784 BTC....

MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury

Jan 22 2021 Published at CoinDesk under tags  business microstrategy news

CEO Michael Saylor bought the coins for an average price of $31,808.

MicroStratergy Buys The Bitcoin Dip Again With $10 Million BTC Purchase

Jan 22 2021 Published at Coingape under tags  bitcoin dip bitcoin news btc btcbrl btcbusd

MicroStrategy, the software giant with over $1.3 billion bitcoin purchase in the past 6 months has...

Jan 20 2021

MicroStrategy’s Stock Price Up 339% Since Adding BTC to its Treasury

Quick summary: Microstrategy's stock price has increased by 339% since the company started adding Bitcoin to its treasury Bitcoin has gained by 216% in the same time period with the Nasdaq gaining 19.5% Institutional interest in Bitcoin is growing with 1.216 Million BTC now owned by private and publicly trading companies Current Bitcoin prices won't matter in a few years as institutions 'hoard'...

Jan 09 2021

Morgan Stanley’s $500 Million Microstrategy Bet a “No-Brainer,” According to Expert

Morgan Stanley's approximately $500 million investment in Microstrategy Inc. may come as a surprise to many. Not veteran investor Ben Miller, however. That's because betting on the firm in its current form is also a bet on Bitcoin. Buy MSTR, Buy Bitcoin Microstrategy Inc. was one of the...

Jan 08 2021

Morgan Stanley Boosts Stake in Bitcoin-Laden MicroStrategy to 10.9%

Morgan Stanley now owns 792,627 shares in the company best known for using its treasury funds to load up on bitcoin.

Jan 06 2021

Bitcoin (BTC) Hits New All-Time High Above $35,500, SkyBridge Founder Says “Buy and Hold”

Bitcoin (BTC) continues to make a bold move northwards hitting a new all-time high above $35,500 levels. At press time, BTC is trading 15% up at $35.320 with a market cap of $657 billion. As per analysts Ki-Young Ju, this BTC...

Dec 27 2020

Crypto Long & Short: The Christmas Poem Edition

Dec 27 2020 Published at CoinDesk under tags  bitcoin holidays microstrategy people ripple

Looking back on the year in bitcoin and crypto, with rhymes.

Dec 24 2020

MicroStrategy CEO Says Flow of Money From Conventional Assets Into Bitcoin Not a Bubble

Dec 24 2020 Published at Coingape under tags  bitcoin (btc) bitcoin news btc btcbrl btcbusd

Bitcoin activist and the CEO of Nasdaq-listed MicroStrategy, Michael Saylor...

Dec 23 2020

Grayscale Bitcoin Trust (GBTC) Adds 12,000+ BTC In a Single Day! Over 16K BTC Moved Out of Exchanges

Dec 23 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Don't be late for the Bitcoin party! If you are waiting on the sidelines, note that institutions are already making bold moves. On Tuesday, December 22, Grayscale has reportedly 12,319 BTC to the Grayscale Bitcoin Trust...

Dec 22 2020

Pantera Capital CEO Says Institutional Buying Has Created a Bitcoin Shortage

Bitcoin's growing influence as an inflation hedge and a treasury asset courtesy...

MicroStrategy Surpasses $1 Billion in Bitcoin Purchases

MicroStrategy, one of the largest business intelligence businesses, announced they purchased $650 million in Bitcoin (BTC). The announcement was made by the company a few hours ago. The […]

Dec 21 2020

MicroStrategy Splurges Another $650M in Latest Bitcoin Investment

Dec 21 2020 Published at CoinDesk under tags  business michael saylor microstrategy news

MicroStrategy is transforming itself into corporate America's boldest bitcoin bull, now owning bitcoin worth over $1.596 billion.

MicroStrategy Buys Additional 29,646 Bitcoins (BTC) for $650 Million During Recent Correction

Dec 21 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Business Intelligence firm MicroStrategy knows how to make the most of the Bitcoin (BTC) price correction. As Bitcoin corrected over 5.5% in a marketwide correction, MicroStrategy director Michael Saylor...

Dec 18 2020

Bitcoin Whales Have Accumulated 500,000 BTC Since September

Quick take: Bitcoin whales worth $20 Million and above have collectively accumulated 500k BTC since September This amount is roughly worth $11.5 Billion and explains why Bitcoin's value has risen Bitcoin is currently experiencing a cool-down around the $23k price level There is a 50:50 chance that it goes either way for Bitcoin A record number of Bitcoin options expire on Christmas day...

Dec 17 2020

Who Are The Investors Backing Michael Saylor’s Big Play Into Bitcoin?

Software intelligence firm MicroStrategy made one of the boldest investment moves of the year when it invested $250 million into bitcoin, buying about 0.1 percent of the total supply in August. Its CEO, Michael Saylor, has doubled down on the move in countless public comments and earlier this month,...

Dec 16 2020

Today In Crypto: MicroStrategy to Buy ~$635 M Worth of Bitcoin | $200 M Tether [USDT] Minted | SBI Acquires Crypto Exchange B2C2

Dec 16 2020 Published at Coingape under tags  altcoin news bitcoin news btcusd btcusdt ethusd

Its never a boring day in cryptocurrency world and the day was filled with bullish news from all across globe. Here is a round up of today's major cryptocurrency news and headlines which you should not miss. The major headlines are: As planned MicroStrategy today purchased Bitcoin from the proceedings of its $650 Million senior The post Today In Crypto: MicroStrategy to Buy...

Bitcoin (BTC) Trade the Third Most-Crowded After Tech Stocks and USD, Driven By Institutional Interests

The latest institutional interest in Bitcoin (BTC) has brought massive trading volumes to the asset class. As per fund managers of top financial institutions, Bitcoin is the third-most crowded trade after technology...

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