Articles for tag: bitcoin purchase, cryptocurrency investment, Digital Assets, Market Dynamics, MicroStrategy, MSTR stock, Nasdaq 100

Market News

MicroStrategy Stock Surges with New Bitcoin Purchase and Nasdaq 100 Inclusion: What Investors Need to Know

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 ...

Market News

MicroStrategy Reaches Halfway Milestone in $21 Billion Bitcoin Investment Strategy

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 ...

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