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MicroStrategy share boost approved for Bitcoin purchases
MicroStrategy share boost approved for bitcoin purchases - report
Shareholders of MicroStrategy (MSTR) gave the company the go-ahead to boost its number of authorized class A common shares by 30-fold to finance purchases of bitcoin.
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
MicroStrategy buys 11,000 Bitcoin for $1.1 billion, boosting holdings to 461,000 BTC
MicroStrategy bought another 11,000 Bitcoin for $1.1 billion ahead of Trump's inauguration. Total holdings are now at 461,000 BTC.
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1m
5 ETFs Betting Big on Michael Saylor’s Bold Bitcoin Strategy
Michael Saylor's Bitcoin strategy has attracted plenty of fanfare. Basically, MicroStrategy (NASDAAQ:MSTR) borrows money to ...
22h
on MSN
MicroStrategy adds $1.1B in Bitcoin, raising total to 461K BTC
MicroStrategy, the business intelligence company that’s the world’s largest corporate bitcoin holder, has added to its ...
10h
Michael Saylor's Proposal To Increase MicroStratagy's Share Count Approved By Shareholders — More Bitcoin Purchases On The Cards?
MicroStrategy Inc. (NASDAQ:MSTR) shareholders on Tuesday approved a proposal to increase the company’s authorized Class A shares by 30 times to support future Bitcoin (CRYPTO: BTC) acquisitions.
5d
The Bitcoin Betting Man: MicroStrategy’s High-Stakes Finance
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
5d
MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade)
Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin.
decrypt
23h
MicroStrategy Bitcoin Stash Grows by $1 Billion
MicroStrategy has added another $1.1 billion worth of Bitcoin to its corporate treasury according to a Tuesday SEC filing.
23h
MicroStrategy's $1.1 Billion Bitcoin Bet Sparks Corporate Crypto Frenzy
MicroStrategy's bold play is sparking a ripple effect. Canadian video-sharing platform Rumble just made its first Bitcoin ...
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