Tag: microstrategy

On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin The post MicroStrategy's Michael Saylor Defends the Massive...

The overall cryptocurrency market continues to trade under pressure with Bitcoin (BTC) and Ethereum (ETH) dropping below their crucial support levels. The crypto market came under pressure on Tuesday, July 13, as the U.S. Labor Department released the inflation data for June 2021. The Consumer Price Index (CPI) surged 5.4% in comparison to the last The post Rising U.S. Inflation Puts Additional Pressure...

July 14, 2021 / Unchained Daily / Laura Shin Daily Bits...

With 105,084 BTC on its books, MicroStrategy is by far the largest business Bitcoin holder on the planet. More than 111,000 BTC are held by entities controlled by Michael Saylor. Capital International Group Acquires Part Of Microstrategy According to SEC filings, Capital International Group, a $2.3 trillion asset management based in Los Angeles, declared a 12.2 percent interest in bitcoin-focused MicroStrategy. Capital Group...

Investment funds holding bitcoin, Powell admitting inflation may be higher than expected, and more in this edition of Last Week In Bitcoin.Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.SummaryAfter breaching $40,000 on Monday, it seemed a bull run was all but...

MicroStrategy has acquired 13,005 additional BTC for $489 million, now holding an aggregate of 105,085 bitcoin.MicroStrategy announced that it has acquired 13,005 additional bitcoin for approximately $489 million in cash, at an average price of...

June 17, 2021 / Unchained Daily / Laura Shin Daily Bits...

For the last week and more, the world's second-largest cryptocurrency Ethereum (ETH) has been trading under pressure with its price failing to hold above the $2500 support levels. However, ETH whales seem to be making the most of...

An excerpt from Bitcoin Magazine's Deep Dive: Michael Saylor's MicroStrategy continues to lead the corporate world in BTC accumulation.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Since Microstrategy’s $500 million sale in debt offerings, the publicly traded software company has taken further steps to fuel its Bitcoin hoarding. In an announcement earlier this Tuesday, Microstrategy indicated through an SEC filing that it had planned to sell up to $1 billion of its shares. The specifics of the offering were all detailed in the firm’s...

Reading Time: 2 minutes Microstrategy has revealed its intentions to sell up to $1 billion in stock to acquire more Bitcoin. Just today, the company completed the sale of $500 million in bonds and will use its proceeds to buy Bitcoin. Microstrategy has gained around...

MicroStrategy, which holds more than 92,000 bitcoin, laid the groundwork for a potential $1 billion stock sale in order to buy more BTC.MicroStrategy, the software intelligence firm that has acquired more than 92,000 BTC under CEO Michael Saylor, is considering offering up to $1 billion of stock to buy more bitcoin, immediately following a successful $500 million bond sale for the same...

MicroStrategy, the Fortune 500 software giant, that is seen as the pioneer for Bitcoin adoption among institutions is taking things forward by a notch. The firm closed another $500 million...

Michael Saylor has doubled down on MicroStrategy's huge bets on bitcoin, borrowing $500 million through junk bonds to plow into the cryptocurrency - $100 million more than expected. Michael Saylor's MicroStrategy ramps up junk- bond The firm said that it will borrow around $500 million in the form of senior secured notes. At a time when the flagship crypto currency is over 50% below...

MicroStrategy has raised its latest note offering, meant to fund additional bitcoin purchases, after receiving major interest.Software intelligence firm MicroStrategy has reportedly raised its latest note offering from $400 million to $500 million, bearing an interest rate of 6.125%, which will fund more bitcoin purchases by...

June 8, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ MicroStrategy intends to offer $400M in notes to...

MicroStrategy will offer $400 million in senior notes to buy more bitcoin, which will be held by its MacroStrategy subsidiary.Software intelligence firm MicroStrategy has announced that it will offer $400 million in senior secured notes to buy more bitcoin and that the more than 90,000 BTC it has bought to date will now be held by a subsidiary called MacroStrategy.“MicroStrategy …...