Michael Saylor, chairman of MicroStrategy, recently spoke at the Bitcoin 2024 conference, highlighting the company’s significant strides in the cryptocurrency Market. Now rebranded as Strategy, the firm has raised $20 billion of its ambitious $42 billion capital plan and continues to aggressively buy Bitcoin, amassing 471,107 BTC, roughly 2% of the total supply. The company ...
KULR Technology Group, Inc. has announced a significant increase in its Bitcoin holdings, adding an additional $8 million to its Bitcoin Treasury, bringing the total to $50 million. This means the company now owns 510 Bitcoin. KULR’s strategy involves using up to 90% of its surplus cash for these acquisitions, and they’ve achieved an impressive ...
MicroStrategy, a company focused on business intelligence and cloud services, recently announced a significant move in its investment strategy. For 2024, they reported a remarkable 74.1% yield from Bitcoin (BTC) investments. In December 2024, the company sold $209 million worth of shares to acquire 2,138 bitcoins, bringing their total holdings to 446,400 bitcoins. This underscores ...
MicroStrategy recently announced a significant update regarding its business strategy. The company reported an impressive Bitcoin yield of 74.1% for 2024, reflecting its commitment to using equity capital for Bitcoin acquisition. In December 2024, MicroStrategy sold shares worth $209 million and purchased 2,138 more bitcoins, bringing its total holdings to 446,400 bitcoins. This move underscores ...
MicroStrategy, led by Michael Saylor, has gained attention for its bitcoin strategy, significantly boosting its stock value due to substantial bitcoin holdings. The company generated around $10 billion in shareholder value in the last quarter of 2024 and plans to continue purchasing bitcoin using proceeds from new share sales, raising over $2.1 billion recently. Analyst ...
Amazon shareholders are pushing for the company to invest at least 5% of its assets in Bitcoin as a way to protect against inflation. This proposal, backed by the National Center for Public Policy Research, highlights how Bitcoin could safeguard Amazon’s $88 billion in cash and short-term assets, especially during times of economic uncertainty. While ...
MARA Holdings, Inc. (NASDAQ: MARA) made headlines in November by mining an impressive 907 BTC, a 26% increase from October, thanks to operational upgrades and a rise in hash rate. The company also reached a record by snagging 254 blocks, boosting its BTC yield per share to 37.2%. In addition to mining, MARA expanded its ...
Korea Zinc Co. shares surged again on Friday after a 30% rise on Thursday. The market is eagerly awaiting the results of a stock buyback initiated by Chairman Choi Yun-beom, aimed at countering a $12.5 billion takeover offer.
