MicroStrategy Inc shares, trading under the ticker MSTR, saw a significant drop of 12.6% amid a general decline in the stock Market, with the S&P 500 down 2% and the Nasdaq down 3.5%. The company announced plans to raise up to $21 billion through perpetual strike preferred stock to further invest in Bitcoin, which has ...
Japanese Bitcoin investment firm Metaplanet is set to raise 116 billion yen ($745 million) by issuing 21 million shares. This significant capital increase aims to enhance the company’s Bitcoin holdings, with plans to grow from 1,762 BTC to 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. Metaplanet’s strategy focuses on converting ...
Metaplanet, a Japanese publicly traded company, plans to raise about $745 million to buy Bitcoin, aiming to acquire 21,000 BTC by 2026. This move is part of their strategy to enhance their presence in the cryptocurrency Market and tackle the falling value of the yen. To support this capital raise, Metaplanet issued 21 million shares ...
MicroStrategy Inc., led by co-founder Michael Saylor, has made headlines by purchasing an impressive $243 million worth of Bitcoin, marking its 10th consecutive weekly buy. The Virginia-based firm now holds over 2% of all Bitcoin ever created, valued at around $41 billion. Between January 6 and January 12, MicroStrategy acquired 2,530 Bitcoin at an average ...
