#microstrategy

Mar 11, 2021
4 min

'Enormous Wall of Money' Coming Into Bitcoin, Price to Reach $1 Million

In the event that buys by MicroStrategy and Tesla can send bitcoin rocketing, what happens when greater players begin entering the market? Bitcoin is authoritatively standard. Before the finish of the last super buyer market in 2017, a large portion of the world had known about bitcoin (BTC, +5.5%). Be that as it may, after Tesla as of late bought $1.5 billion for its corporate depository and not for a theoretical innovative work sleeve, those actually thinking bitcoin was a

Michael Saylor’s MicroStrategy supersizes debt offering to buy more Bitcoin

-

Mar 9, 2021
2 min

Michael Saylor’s MicroStrategy supersizes debt offering to buy more Bitcoin

Michael Saylor reported MicroStrategy's obtaining of another $15 million worth of Bitcoin as MicroStrategy proceeds to dollar-cost-normal into BTC. MicroStrategy's Bitcoin purchasing binge gives no indications of easing back after CEO Michael Saylor reported the acquisition of another 328 Bitcoin (BTC) on Monday. The obtaining, which was paid for in real money, cost the firm around $15 million and likened to a normal coin cost of $45,710 at the hour of procurement. The specul

-

Dec 13, 2020
1 min

MicroStrategy invested $50M in Bitcoin

MicroStrategy CEO Michael Saylor declared his organization's third bitcoin buy on Twitter Friday night, per Securities and Exchange Commission filings the exact day. Saylor bought 2,574 bitcoins for $50 million in real money, bringing the business knowledge organization's depository property to around 40,824 bitcoins. MicroStrategy first purchased $250 million in bitcoin (BTC, - 1.54%) (BTC) on Aug. 11. followed by an extra $175 million worth of BTC one month later. Saylor sa

Novogratz is Saying that Bitcoin is Becoming Less-Risky for Investment

-

Oct 28, 2020
2 min

Novogratz is Saying that Bitcoin is Becoming Less-Risky for Investment

10 years ago investing a big amount of money in Bitcoin began with huge skepticism. According to the ex-hedge fund manager investing in the asset carries a smaller threat right now. Bitcoin (BTC) has achieved notable notoriety in the decade since the start of 2009. Such as MicroStrategy and other huge mainstream members have lately started to invest big sums of money in the asset, normalizing its tenacity as an investment for some people. Mike Novogratz, who is the CEO of Gal

Jack Dorsey’s Company Square Buys Bitcoin Which Value is About $50 Million

-

Oct 9, 2020
2 min

Jack Dorsey’s Company Square Buys Bitcoin Which Value is About $50 Million

Square, which is owned by Twitter CEO Jack Dorsey, has bought about 4,709 bitcoin at an aggregate buying value of $50 million, i.e. at a medium value of about $10,600 per bitcoin. The news was announced on Thursday, Square told “cryptocurrency is an instrument of economic empowerment and provides a way to participate in a global monetary system, which aligns with the company’s purpose.” The investment serves nearly 1% of Square’s entire assets as of Q2 2020. "We believe that

Michael Saylor, the CEO of MicroStrategy, shares the firm’s unexpected Bitcoin purchasing strategy

-

Sep 21, 2020
2 min

Michael Saylor, the CEO of MicroStrategy, shares the firm’s unexpected Bitcoin purchasing strategy

This kind of effort may present a long-term commitment to the asset class. Mainstream company intelligence behemoth MicroStrategy has made a number of titles lately for its first $250 million Bitcoin (BTC) investment. The business later put a subsequent $175 million into the asset — a long effort totaling about 100 hours of work. On Friday MicroStrategy CEO said in a tweet: "To acquire 16,796 BTC (disclosed 9/14/20), we traded continuously 74 hours, executing 88,617 trades ~0

MicroStrategy’s Michael Saylor Explains His $425 Million Bet on Bitcoin

-

Sep 20, 2020
4 min

MicroStrategy’s Michael Saylor Explains His $425 Million Bet on Bitcoin

MicroStrategy is made to HODL its BTC for at least a century. Or so stated the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CoinDesk, soon after he declared on Twitter that MicroStrategy was growing down on the godfather crypto with the investment of $175 million more BTC. “I need something that I could put $425 million toward for 100 years,” said Michael Saylor. In the last two months, Michael Saylor has changed his company’s once-sleep

Now Bitcoin is The Primary Reserve Currency for Microstrategy, it holdings may rise beyond $250M

-

Sep 16, 2020
2 min

Now Bitcoin is The Primary Reserve Currency for Microstrategy, it holdings may rise beyond $250M

MicroStrategy has exceeded the Nasdaq since purchasing BTC. Right now, it's doubling down. Bitcoin was selected by Microstrategy's board of directors to be the business's primary reserve asset. MicroStrategy’s board of directors elected to make Bitcoin (BTC) the company’s primary reserve asset. The US Securities and Exchange Commission revelation said that this may guide to the future expansion of the firm's cryptocurrency holdings beyond the original investment of 21,454 BTC

MicroStrategy Adopted Bitcoin - 3 Major Reasons Other Will Follow it Too

-

Aug 14, 2020
3 min

MicroStrategy Adopted Bitcoin - 3 Major Reasons Other Will Follow it Too

The CEO of the organization that just purchased 21,454 BTC calls it "digital gold," and the tide will make the business world concede the equivalent, state supporters. MicroStrategy has embraced Bitcoin (BTC) as its hold cash — and shocked observers by buying more than 21,000 BTC on Aug. 11. The world's biggest traded on an open market business insight organization has traded fiat for Bitcoin as its depository holds a resource, however, the purposes for it propose that all th

World’s Largest Business Intelligence Company, MicroStrategy, Purchases 21K Bitcoin for $250M

-

Aug 11, 2020
1 min

World’s Largest Business Intelligence Company, MicroStrategy, Purchases 21K Bitcoin for $250M

MicroStrategy verifies that it has made Bitcoin its first treasury reserve asset as institutional uptake takes a tense bullish step ahead. The world’s biggest publicly traded business intelligence company MicroStrategy (Nasdaq: MSTR) has formally selected Bitcoin (BTC) as its primary reserve asset. MicroStrategy confirmed on August 11 that it had bought 21,454 BTC for $250 million. MicroStrategy: Move “reflects our belief in Bitcoin” CEO of MicroStrategy, Michael J. Saylor, s