MicroStrategy to raise $21 billion for Bitcoin
MicroStrategy Unveils $21 Billion Stock-Sale Plan to Buy Bitcoin
MicroStrategy said on Monday that it plans to raise up to $21 billion to turbocharge its bitcoin accumulation bet. MicroStrategy, which holds nearly 500,000 bitcoins worth $40 billion, intends to sell a type of special stock called “perpetual strike preferred stock.
MicroStrategy, led by Michael Saylor, has transformed into a Bitcoin-backed company, using BTC as its primary treasury reserve asset. The company's stock (MSTR) is heavily correlated with Bitcoin's ...
In the Bitcoin (BTC) world, when MicroStrategy makes a move, the market shifts. With every purchase, MicroStrategy tightens ...
Shares of MicroStrategy Inc ( MSTR 2.99%) are falling on Monday. The company's stock lost 12.6% as of 10:50 a.m. ET and was ...
Michael Saylor, a name synonymous with cryptocurrency innovation and advocacy, has once again caught the attention of the ...
Bitcoin’s price and shares of Strategy (MSTR), previously MicroStrategy, fell sharply after the U.S. government said that its ...
Bitcoin was supposed to boom under a crypto-friendly Trump administration, but prices have tumbled 25% since hitting an ...
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