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, December 17, 2024 – MicroStrategy has acquired an additional 15,350 bitcoin for approximately $1.5 billion, averaging $100,386 per coin, as the company continues its aggressive purchasing strategy. The latest acquisition, spanning December 9 to December 15, follows the sale of 3.88 million MicroStrategy shares for a similar amount. The company now holds 439,000 […]
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, Thursday, February 06, 2025 – MicroStrategy has rebranded as “Strategy” after posting a $143 million net loss in Q4 and a $139 million loss for 2024, reflecting its dual focus on Bitcoin and artificial intelligence. The Q4 Financial Report can be found here. Strategy reported total revenue of $120.7 million in the fourth quarter […]
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 […]
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, Tuesday, March 11, 2025- Michael Saylor’s Strategy (Formerly MicroStrategy) continued to buy bitcoin despite a market drop following President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve last week reports said. The order mandates that the reserve be funded with bitcoin already owned by the government, limiting additional acquisitions unless they adhere […]
Catenaa, Saturday, March 22, 2025- Strategy announced plans Tuesday (18) to offer 5 million shares of its newly introduced Series A Perpetual Strife Preferred Stock, aiming to raise approximately $500 million. The proceeds will be used for general corporate purposes, including Bitcoin acquisitions. The perpetual preferred stock will carry a fixed 10% annual dividend, payable […]