Shares of Strategy (MSTR) keep rising, boosted by a rebound in Bitcoin prices and the announcement of a quarterly dividend. As of March 4, MSTR stock saw a 9.66% increase before dipping slightly in pre-Market trading, with Bitcoin nearing a significant support level of $90,000. The U.S. government’s hint at easing tariffs on Canada and ...
MicroStrategy is planning to offer 2.5 million shares of its Series A Perpetual Strike Preferred Stock to raise funds for general corporate purposes, especially for acquiring more Bitcoin. The stock will have a liquidation preference of $100 per share and will pay fixed-rate cumulative dividends starting March 31, 2025. Investors can convert their shares to ...
MicroStrategy, led by Michael Saylor, continues its aggressive Bitcoin buying strategy, acquiring 2,530 BTC for the tenth consecutive week, raising its total to 450,000 BTC. These Bitcoins were purchased for $243 million at an average price of $95,972 each, slightly above their previous average of $62,691, as reported by Cointelegraph. Despite this strong acquisition trend, ...
MicroStrategy’s stock saw a nearly 5% increase on Monday, following the company’s announcement of a significant bitcoin purchase and its upcoming entry into the Nasdaq 100. The company acquired 15,350 bitcoins for $1.5 billion, boosting its total holdings to approximately 440,000 bitcoins, making it the largest corporate bitcoin investor. Recent Market dynamics, including Bitcoin’s surge ...
MicroStrategy, a major player in business intelligence, is energetically working towards raising $21 billion through stock sales to finance its Bitcoin purchases. Within a month of announcing this plan, the company has already secured about half of this amount, according to Bloomberg. Recently, MicroStrategy sold 3.7 million shares, using the $1.5 billion earned to buy ...
