Catenaa, Tuesday, November 19, 2024-Michael Saylor, co-founder and former CEO of MicroStrategy, predicts Bitcoin will exceed $100,000 before the end of 2024, citing the cryptocurrency’s recent surge and favorable conditions following Donald Trump’s election victory. Speaking to CNBC, Saylor said he is planning a New Year’s Eve “$100,000 party,” confident that Bitcoin’s price will continue […]
Catenaa, Tuesday, December 10, 2024-Business intelligence firm MicroStrategy announced Monday that it purchased 21,550 bitcoin for approximately $2.1 billion in cash between December 2 and December 8, 2024. The acquisition, made at an average price of $98,783 per coin, represents one of the company’s largest investments in the cryptocurrency to date. The purchase was funded […]
Catenaa, Tuesday, November 26, 2024-MicroStrategy, led by Michael Saylor, has acquired 55,000 additional Bitcoin in a landmark $5.4 billion purchase, solidifying its position as one of the largest corporate holders of the cryptocurrency. The acquisition, disclosed in a US Securities and Exchange Commission (SEC) filing on November 25, has taken place between November 18 and […]
Catenaa, Wednesday, January 22, 2025 – MicroStrategy, the business intelligence firm led by Bitcoin proponent Michael Saylor, announced Monday that it has purchased an additional $1.1 billion worth of Bitcoin, bringing its total holdings to a staggering 461,000 BTC. This marks the company’s 11th consecutive week of Bitcoin acquisitions. According to an SEC filing, MicroStrategy […]
Catennaa, Tuesday, November 13, 2024-MicroStrategy, the largest corporate holder of Bitcoin, yesterday announced that it had added another 27,200 BTC to its holdings for a reported $2 billion, solidifying its position as a leader in Bitcoin investment. This acquisition is believed to be its largest purchase since it began accumulating the cryptocurrency over four years […]
Tysons Corner, VA, Monday, February 12, 2024- MicroStrategy’s Q4 Earnings Statement also revealed that it had purchased an additional 850 Bitcoins in January 2024 alone. Its total holdings now stand at 190,000, valued at approximately $8.1 billion. Its Q4 2023 earnings statement also reveals that the company had purchased 56,650 Bitcoins throughout 2023 at an […]
Catenaa, Tuesday, December 24, 2024 – MicroStrategy has purchased an additional 5,262 BTC for $561 million at an average price of $106,662 per Bitcoin, according to post on Platform X posted on Monday. The acquisition raises the company’s total Bitcoin holdings to 444,262 BTC, accumulated at an average cost of $62,257 per Bitcoin, co-founder Michael […]
Catenaa, Tuesday, December 03, 2024-MicroStrategy, the largest corporate holder of Bitcoin, announced its purchase of an additional 15,400 Bitcoins for $1.5 billion, bringing its total holdings to 402,100 Bitcoins, valued at $38 billion. The acquisition, completed at an average price of $95,976 per coin, marks the company’s fourth consecutive week of significant Bitcoin investments. According […]
Catenaa, Monday, January 27, 2025- MicroStrategy, led by CEO Michael Saylor, may face significant federal tax liabilities on its unrealized Bitcoin gains, which total over $19.3 billion. The company’s massive holdings, exceeding 450,000 BTC valued at more than $48 billion, have drawn attention under the corporate alternative minimum tax introduced by the 2022 Inflation Reduction […]
Catenaa, Monday, December 16, 2024- MicroStrategy, the largest corporate holder of Bitcoin, will officially join the Nasdaq 100 index on December 23 following a nearly 500% surge in its stock price this year. The company will be included alongside Palantir and Axon Enterprise, replacing Moderna, Illumina, and Super Micro Computer. The move comes as part […]
NEW YORK, Monday, May 6, 2024 – MicroStrategy Incorporated (MSTR), known for its aggressive Bitcoin holdings, reported a net loss of $53.1 million for the first quarter of 2024, as reported in the Q1 2024 Financial Report. This translates to $3.09 per share. The loss stems primarily from a $191.6 million digital asset impairment charge, […]
Catenaa, Tuesday, November 19, 2024- MicroStrategy has acquired $4.6 billion worth of Bitcoins in a record-breaking purchase, according to an SEC filing on Monday, November 18. The BTC is hovering just above $90,000 after Trump winning the November 4 Presidential Election. The Virginia-based software firm now holds 331,200 Bitcoins, valued at $30 billion, according to […]
Catenaa, Friday, December 06, 2024 – Shares of MicroStrategy Inc. surged by more than 8% Thursday following Bitcoin’s landmark rise to $100,000 late Wednesday. The software firm, led by Michael Saylor, has amassed significant Bitcoin holdings since 2020, with the recent price surge proving highly profitable. Bitcoin continued its upward trajectory on December 5, reaching […]
Catenaa, Friday, November 22, 2024- MicroStrategy announced an increase in its previously declared convertible note offering, raising the sale from $1.75 billion to $2.6 billion on Wednesday. This move is aimed at further expanding the company’s already extensive Bitcoin reserves, underscoring its continued commitment to cryptocurrency investment under the leadership of Executive Chairman Michael Saylor. […]
Introduction : Get ready to dive into the exciting world of MicroStrategy’s Bitcoin strategy! Imagine being the first publicly traded company to invest in Bitcoin and now holding a whopping 140,000 coins worth over $4.17 billion. This move, seen as “daring” and “bold” by many industry analysts, has caught the attention of big players like […]
Catenaa, Sunday, January 26, 2025 – Video platform Rumble revealed its first Bitcoin purchase on Friday, following through on a strategy announced in November to allocate up to $20 million of its cash reserves into the cryptocurrency. Rumble CEO Chris Pavlovski shared the news on X (formerly Twitter), confirming that the company had made its […]