Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC

Microstategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTCMicrostrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate Bank in full. Microstrategy Buys More Bitcoin Nasdaq-listed Microstrategy Inc. […]

Go to Source

Powered by WPeMatico

Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC

Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTCMicrostrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor. Microstrategy Acquires More Bitcoin Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury. Michael Saylor, the company’s founder and […]

Go to Source

Powered by WPeMatico

Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC

Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTCThe Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday: Macrostrategy has purchased an additional 4,167 bitcoins for […]

Go to Source

Powered by WPeMatico

Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC

Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTCNasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one of its subsidiaries […]

Go to Source

Powered by WPeMatico

Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC

Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTCNasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash flows or we find other ways to raise money, we continue […]

Go to Source

Powered by WPeMatico

Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC

Microstrategy Buys More Bitcoin, Now Hodls 124,391 BTCNasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has […]

Go to Source

Powered by WPeMatico

Microstrategy Buys 5,050 More Bitcoins, Now Hodls 114,042 BTC

Microstrategy Buys 5,050 More Bitcoins, Now Hodls 114,042 BTCNasdaq-listed Microstrategy has purchased 5,050 more bitcoins for $243 million, raising its total bitcoin holdings to 114,042 coins. Microstrategy Continues to Grow Its Bitcoin Stash The pro-bitcoin software company Microstrategy announced Monday that it has purchased more bitcoins. CEO Michael Saylor tweeted: Microstrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at […]

Go to Source

Powered by WPeMatico

Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC

Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 10,000 BTCMicrostrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends to offer $400 million of “senior secured notes due 2028” in a […]

Go to Source

Powered by WPeMatico

Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase

Nasdaq-Listed Microstrategy Looks to Increase Reserve Beyond $250 Million in BitcoinBillion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoin, CEO Michael Saylor revealed on Tuesday. He tweeted: On September 14, 2020, Microstrategy completed its acquisition of […]

The post Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico