stock sales – DIGIT INFO

Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTC

DIGIT — Fri, 13 Sep 2024 12:40:29 +0000

Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made through a prior sales agreement enabling stock sales to fund […]

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DOJ and SEC to probe SVB collapse and insider stock sales: Report

DIGIT — Wed, 15 Mar 2023 02:15:13 +0000

The investigations are separate from one another but will both look into Silicon Valley Bank’s collapse and stocks sold by executives prior to its fall.

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

DIGIT — Tue, 14 Mar 2023 19:30:14 +0000

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and […]

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