MicroStrategy acquires 15,350 Bitcoin, now holds 439,000 BTC valued at over $45B
MicroStrategy bought its latest Bitcoin between December 9, 2024, and December 15, 2024 Last week, the company purchased 21,550 Bitcoin for $2.1 billion and the week before it bought 15,400 Bitcoin for $1.4 billion The Bitcoin buying spree comes as MicroStrategy will be added to the Nasdaq-100 Index on December 23 MicroStrategy has acquired an […]
MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k
MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset. On Monday, Saylor announced that the publicly-traded company had acquired another 27,200 BTC for over $2 billion. The news coincided with the surge in Bitcoin price – which […]
South Korea’s national pension fund buys $34M of MicroStrategy shares
The National Pension Service, South Korea’s national pension fund, has reported purchases of nearly $34 million in MicroStrategy shares. NPS is South Korea’s largest public pension fund and the third-largest in the world with over $729 billion worth of assets. Wu Blockchain shared the news via X: South Korea’s National Pension Service (NPS) disclosed that […]
Coinbase and MicroStrategy climb as Bitcoin reclaims $59k
Coinbase and MicroStrategy stocks rose 6% and 7% respectively as Bitcoin surged to above $59,000. Analysts say crypto markets may be choppy amid potential bearish catalysts. Coinbase and MicroStrategy stocks have climbed more than 6% each on Aug. 8 (as of 2 pm ET), gains that come as the price of Bitcoin broke above $59,000. […]
MicroStrategy boosts Bitcoin holdings with $615M purchase, eyes 1% of supply
MicroStrategy acquires 14,620 BTC for $615.7M, pushing total holdings to 189,150 BTC at $5.9B. CEO Michael Saylor remains bullish on Bitcoin, considering it the world’s most valuable asset class. The company’s proactive crypto strategy aligns with growing institutional interest, eyes 1% of Bitcoin supply. MicroStrategy (NASDAQ: MSTR), the business intelligence giant led by CEO Michael […]
MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m
Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone over the last few days. However, that hasn’t halted Chancer’s […]
Microstrategy has bought an additional 5,445 BTC
MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of $4.68 billion. MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its Bitcoin (BTC) haul again. In crypto news shared on Monday […]
MicroStrategy narrowed its crypto-related impairment charge in Q2
MicroStrategy bought another 12,333 Bitcoin in its second quarter. The business intelligence company returned to profitability in Q2. MicroStrategy stock has roughly tripled versus the start of 2023. MicroStrategy Inc – one of the most prominent institutional holder of Bitcoin – says it returned to profitability in its second financial quarter. Its shares are still […]
Bitcoin-focused MicroStrategy stock has 22% upside – analyst says
TD Cowen analyst sees upside in MicroStrategy to $520. Lance Vitanza explained his bullish view in a research note. MicroStrategy stock has already tripled since the start of 2023. MicroStrategy Inc has already tripled since the start of this year but a TD Cowen analyst continues to see further upside in this stock. MicroStrategy stock […]
MicroStrategy better than Coinbase for crypto exposure: Berenberg
Berenberg analysts sees upside in MicroStrategy to $340. They explain their bullish view in a recent research note. Coinbase stock has a “hold” rating only at Berenberg. MicroStrategy Inc is a better pick for exposure to cryptocurrencies than Coinbase Global Inc, as per the Berenberg analysts. MicroStrategy stock has upside to $340 Mark Palmer and […]