MicroStrategy Buys $1.1 Billion of Bitcoin

MicroStrategy Buys $1.1 Billion of Bitcoin Before Share Vote
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
MicroStrategy Bought Another $1B in Bitcoin Last Week
MicroStrategy added to its bitcoin stash for the 11th week in a row, as the company's investors get ready to vote on increasing its Class A and preferred stock and enhancing its ability to buy more bitcoin.
MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases
The shareholders behind MicroStrategy have voted to dramatically increase the number of shares in a bid to raise funds for additional Bitcoin (BTC).
MicroStrategy Share Increase Approved to Fund Bitcoin Purchases
MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
MicroStrategy Shareholders Approve 10.3 Billion Shares through Voting
MicroStrategy shareholders approves major increase in the company’s authorized shares, expanding from 330M to 10.3B for BTC acquisitions.
MicroStrategy buys ~$1.1B bitcoin from Jan. 13-20
MicroStrategy (NASDAQ:MSTR) acquired around 11,000 bitcoins for ~$1.1B in cash for the period between Jan. 13-20, 2025. The purchases were made using proceeds from the company’s recent stock offering having an aggregate offering price of up to $21B.
Behind MicroStrategy’s Bitcoin Bet: Investors Who Usually Play It Safe
Their biggest backers include an unlikely group of insurance companies, mutual funds and other usually conservative bond ...
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MicroStrategy Stock Is About to Rival Amazon in This 1 Unexpected Way
When you think of companies that rival Amazon (AMZN) in size and scope, MicroStrategy (MSTR) isn’t the first name that comes ...
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MicroStrategy Acquires Another $1.1B Bitcoin, BTC Price Recovery Ahead?
MicroStrategy, led by Michael Saylor, has announced its latest Bitcoin purchase, marking its third acquisition of the year.
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MicroStrategy Added 11K Bitcoin for $1.1B, Pushing Holdings to 461K BTC
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Led by Executive Chairman Michael Saylor, ...
Where Will MicroStrategy Stock Be in 5 Years?
That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s ( BTC 4.66%) for $250 million. It then accumulated more Bitcoin each year, and ...
Why investors are lending MicroStrategy billions of dollars at 0% interest so it can buy bitcoin
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for ...
Greenlight Capital’s Thoughts on Bitcoin and MicroStrategy (MSTR)
Greenlight Capital, an investment management firm, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. In 2024, the Greenlight Capital funds returned 7.2% ...
New Bitcoin ETF Promises 100% Downside Protection Against Price Volatility. Here Is How
CBOJ, the first of three ETFs, provides investors with 100% downside protection while offering 10% to 11.5% upside potential ...