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 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.
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 $1.1B Bitcoin; Will BTC Price Recover?
MicroStrategy, the largest publicly traded corporate holder of Bitcoin, announced on Thursday, September 12, 2024, that it had acquired additional Bitcoin.
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.
MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases
Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028. What Happened: This offering, expected to close by Sep.
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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 ...
MicroStrategy's Bitcoin Playbook Is Becoming A Hit Among Companies, But There's A Catch
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative ...
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 ...
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Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month
The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, ...
MicroStrategy Doubles Down On Bitcoin: Can The Stock Sustain Its Rally?
MicroStrategy Inc (NASDAQ:MSTR) continues its audacious bet on Bitcoin (CRYPTO: BTC), recently purchasing $1.11 billion worth ...
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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.