Tags : MicroStrategy

Bitcoin

MicroStrategy buys 13,005 more Bitcoin, now holds 105,000 BTC

Business analytics firm MicroStrategy has acquired 13,005 Bitcoin (BTC), CEO Michael Saylor said in a tweet today. The firm now holds over 105,000 Bitcoin in total as a result. “MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin,” tweeted Saylor, adding: “As of 6/21/21 […]Read More

Bitcoin

MicroStrategy may sell $1 billion in stock to buy even

Business analytics firm MicroStrategy has filed to sell $1 billion worth of its stock for ‘general purposes,’ which may include buying more Bitcoin, a filing with the US Securities and Exchange Commission (SEC) showed. MicroStrategy to sell $1 billion worth of their companies shares to finance “the acquisition of bitcoin”. pic.twitter.com/0tsRprMnZO — Documenting Bitcoin 📄 […]Read More

Bitcoin

Crypto market livens up as MicroStrategy says it wants more

Prices of Bitcoin (BTC) and other major cryptocurrencies swiftly began to pick up steam today after a week of uncertainty, potentially boosted by MicroStrategy announcing its plans to continue buying BTC. According to crypto metrics platform CoinGecko, Bitcoin is currently trading at over $57,000, up roughly 7% on the day. Ethereum (ETH), the second-largest crypto […]Read More

Bitcoin

MicroStrategy Acquires An Additional $15 Million in Bitcoin 

Microstrategy announced today that it purchased $15 million worth of Bitcoin. The company’s CEO, Michael Saylor, tweeted this morning that his company had bought approximately 253 BTC, bringing its total holdings to about 91,579 BTC. In his tweet, Saylor said that the company’s latest buy was at an average cost of $59,339 per Bitcoin, which […]Read More

Bitcoin

MicroStrategy continues to bet on Bitcoin with new $15 million

There’s no let-up in MicroStrategy’s Bitcoin buying spree as CEO Michael Saylor announced yet another $15 million purchase today. Saylor tweeted that the firm had acquired an additional 253 BTC at an average purchase price of $59,339 per token. This takes MicroStrategy’s aggregate holdings to 91,579 Bitcoin, at the cost of $2.226 billion, with an […]Read More

Bitcoin

MicroStrategy ignores critics to add a further $15 million of

MicroStrategy CEO Michael Saylor announced the firm had purchased a further 262 Bitcoin at the cost of $15mn. This brings its total holdings to 91,326 BTC, with a total spend of $2.2bn. Based on today’s price, MicroStrategy has an unrealized profit of $2.988bn. The move coincided with a bounce at $55k and the subsequent recovery […]Read More