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MicroStrategy Buys More Bitcoin for 7th Consecutive Week
MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
MicroStrategy adds to bitcoin holdings for seventh straight week
MicroStrategy (NASDAQ:MSTR) acquired 5,262 bitcoin (BTC-USD) for a total of $561M for the week ended Dec. 22, the company disclosed on Monday, marking its seventh consecutive weekly bitcoin purchase.
MicroStrategy Buys More Bitcoin for Seventh Consecutive Week
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
Cryptopolitan on MSN
1h
Tech stocks see historic gains in 2024 thanks to crypto and AI
Tech stocks are having their biggest year in decades, with 2024 turning into a profit carnival for companies tied to ...
20h
on MSN
MicroStrategy calls shareholders meeting to fund more Bitcoin purchases
According to a Dec. 23 proxy filing with the Securities and Exchange Commission, the company is seeking permission to ...
6h
AI and crypto drove gains in this year's top 5 tech stocks
The promises of artificial intelligence and the rally in crypto prices were the main drivers of the best-performing tech ...
Cryptopolitan on MSN
2d
MicroStrategy outperforms nearly every US stock with 480% yearly gain thanks to Bitcoin
MicroStrategy (MSTR) is on a tear, blowing past nearly every other stock in the U.S. with a 480% surge this year, thanks to ...
1d
on MSN
MicroStrategy shares slump on first day in the Nasdaq 100 index: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
The Daily Hodl
19h
31% of All Bitcoin Holdings Now Belong to ETFs, Governments and Microstrategy (MSTR): CryptoQuant CEO
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
2d
on MSN
MicroStrategy’s Long-Shot S&P 500 Bid Stokes Wall Street Agita
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc.
2d
MicroStrategy rides ‘red sweep' to 477% gain in 2024, topping almost all U.S. stocks
Of the 439,000 bitcoin that MicroStrategy owns, more than one-third have been purchased since Trump’s election victory last ...
2d
on MSN
Scaramucci Defends MicroStrategy's Bitcoin Strategy, Predicts Long-Term Crypto Growth
Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., ...
5d
on MSN
Bitcoin Reaches New High As MicroStrategy Prepares To Join Nasdaq 100 (And More!)
Bitcoin hit a new all-time high, while MicroStrategy continues stacking BTC and prepares for it’s Nasdaq 100 stock listing.
CoinDesk
7d
How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin
Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — ...
Crypto Briefing
1d
MicroStrategy shareholders will vote on proposals to boost stock issuance for Bitcoin strategy
MicroStrategy's stockholders to vote on increasing stock for capital, acquisitions, aligning incentives, and procedural ...
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