You Searched For "microstrategy buying bitcoin" and got 20 results
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2 mins read
A short seller says it's buying bitcoin and betting against MicroStrategy because the stock trades at an 'unjustifiable' premium over the crypto itself
"MicroStrategy shareholders are now paying $177,000 per bitcoin when they could instead gain exposu…
Matthew Fox
1 min read
Short sellers have lost $3.3 billion betting against MicroStrategy this year as bitcoin's record streak has sent shares spiking 180%
If MicroStrategy's rally continues, short sellers may be forced to buy more shares to cover their l…
Aruni Soni
1 min read
MicroStrategy now owns 1% of all bitcoin in the world
The company's latest purchase takes its total holdings to 214,246 tokens out of the 19.7 million in…
Aruni Soni
1 min read
Michael Saylor's MicroStrategy makes its biggest bitcoin purchase in years as Wall Street grows more bullish
The software firm added $593.3 million worth of bitcoin in November, as Michael Saylor looks to acq…
Filip De Mott
1 min read
Michael Saylor wants to acquire 'as much bitcoin as we can' with MicroStrategy poised to go on a buying spree
A filing this week said proceeds of selling more common stock could be used to add to the company's…
Filip De Mott
2 mins read
MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says
"Purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk o…
Filip De Mott
1 min read
Bitcoin is going to 'eat' gold because it has all of its positives and none of the negatives, Michael Saylor says
Bitcoin has surged more than 1,000% since Saylor pivoted his firm. MicroStrategy currently has a ma…
Aruni Soni
1 min read
Michael Saylor's MicroStrategy adds to its bitcoin trove, purchasing 1,045 coins for $24 million
The business software maker now holds 140,000 bitcoin and the value of that stash was nearly $4 bil…
Carla Mozée
1 min read
MicroStrategy just bought 660 more bitcoins, boosting its stake to $3.78 billion
The enterprise software company now holds 125,051 bitcoins, acquired for around $3.78 billion at an…
Isabelle Lee
2 mins read
MicroStrategy reported a $146 million impairment charge related to its bitcoin holdings in the 4th quarter
The firm on Tuesday said it bought another $25 million of bitcoin at an average price of $37,865 pe…
Isabelle Lee
2 mins read
Michael Saylor's MicroStrategy will keep up its bitcoin buying despite cryptocurrency rout
The software firm's strategy is to buy and hold bitcoin, CFO Phong Le said.
Natasha Dailey
2 mins read
Michael Saylor's MicroStrategy buys another 7,002 bitcoins for $414 million — keeping its promise to keep adding the crypto
Tech firm MicroStrategy bought the bitcoin in the past two months, when the token hit a record high…
Camomile Shumba
1 min read
Bitcoin bull Michael Saylor says MicroStrategy will continue to use cash, debt, or equity to keep adding to its trove of bitcoin
MicroStrategy's stash of bitcoin is now worth around $7 billion after an additional 9,000 coins wer…
Carla Mozée
2 mins read
MicroStrategy CEO Michael Saylor defends the decision to turn his company's stock into a highly levered bitcoin bet: 'I can't come up with a better idea'
"If you had a chance to grab $2 billion at 1.5% interest, it seems like a reasonable thing to do an…
Matthew Fox
2 mins read
MicroStrategy falls 24% as bitcoin inches closer to its margin call level of $21,000
Bitcoin has dropped 20% over the past week, dipping below $31,000, after it was rejected at a key r…
Matthew Fox
2 mins read
Microstrategy said it would face a margin call and be forced to sell some of its crypto if bitcoin falls to $21,000
MicroStrategy could avoid being forced to sell its bitcoin at a lower price than it bought it if th…
Matthew Fox
1 min read
MicroStrategy has borrowed $205 million to buy more bitcoin as CEO Michael Saylor remains committed to the cryptocurrency
The three-year loan "effectively turned our bitcoin into productive collateral," said MicroStrategy…
Carla Mozée
2 mins read
MicroStrategy plunges 29% after bitcoin meltdown pushes crypto market cap below $1 trillion
MicroStrategy CEO Michael Saylor has said he will never sell bitcoin, but he may not have a choice …
Matthew Fox
2 mins read
Michael Saylor still sees bitcoin as a safe haven for investors, even after MicroStrategy's holdings shed $1.3 billion in value last year
"The only real safe haven for an institutional investor is bitcoin," Saylor said on MicroStrategy's…
George Glover
1 min read
MicroStrategy CEO Michael Saylor says there's no margin call on its bitcoin loan and it has plenty of collateral
MicroStrategy's bitcoin-backed loan came into focus as the cryptocurrency fell toward $21,000, pote…