Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.
MicroStrategy doubles down on Bitcoin, proposes $700M convertible notes to fund BTC acquisition
MicroStrategy plans to issue $700M in convertible notes to redeem older debts and increase its Bitcoin holdings.
MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases
MicroStrategy, under the leadership of Executive Chairman ... the firm has grown into the largest corporate holder of Bitcoin, amassing 244,800 BTC, valued at around $14.2 billion at current prices. Recently, the company revealed a new Bitcoin purchase ...
MicroStrategy Announces Third Debt Offering of 2024, Aims to Raise $700M To Buy BTC
MicroStrategy announced the details of its third debt offering of 2024, underlying its commitment to Bitcoin. The technology firm intends to raise $700 million with the issuance of convertible senior notes that will mature in 2028.
MicroStrategy Buys Another 18,300 Bitcoins to Add to Its Massive BTC Holdings
MicroStrategy has increased its Bitcoin holdings to 244,800 BTC, with a new purchase of 18,300 Bitcoin worth $1.11 billion, as announced by Michael Saylor.
Michael Saylor’s MicroStrategy invests $1.1 billion to add 18,300 Bitcoins to its holdings
MicroStrategy’s total bitcoin holdings were acquired at a combined cost basis of $9.45 billion and an average price of $38,585 per BTC.
MicroStrategy Plans to Raise $700M For Additional Bitcoin Investment And Buyback Debt
MicroStrategy, a business intelligence and cloud-based services firm, announced its plans to sell $700 million in senior convertible notes.
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MicroStrategy moves 4,922.697 Bitcoin to three unmarked new addresses: Arkham
Blockchain intelligence firm Arkham has identified that MicroStrategy has transferred 4,922.697 BTC to three new unmarked ...
According to MicroStrategy's Michael Saylor, Now Is the Time to Go All-In on Bitcoin. Is He Right?
Buoyed by all this Bitcoin buying, MicroStrategy has skyrocketed in value. The company's stock is up more than 100% this year ...
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Big-game Bitcoin: MicroStrategy Issues $700 Million Bond to Buy BTC, Bhutan’s Stash Revealed
MicroStrategy’s $700 million bond will fuel its Bitcoin purchases, while Bhutan’s state-backed Bitcoin mining efforts are ...
MicroStrategy Is 'Aggressive' With 'BTC HODL', Analyst Says, Citing New Bitcoin Buys
Canaccord Genuity has revised its price target for MicroStrategy (NASDAQ:MSTR) from $185 to $173 while maintaining a Buy ...
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MicroStrategy acquires 18,300 BTC and earns a 17% return over the year – now owns 244,800 BTC
MicroStrategy Incorporated has disclosed that it acquired 18,300 Bitcoins for $1.11 billion between August 6 and 12, 2024.