Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). MicroStrategy (MSTR) brought its bitcoin holdings to 471,107 following another week of accumulating tokens. Alongside,
MicroStrategy offers 8% dividends with preferred shares. Learn why MSTR stock’s unique structure provides a low-risk way to gain Bitcoin exposure and growth.
Mizuho Securities started coverage on MicroStrategy ( NASDAQ: MSTR) with an Outperform rating on Wednesday, as analyst Dan Dolev believes the company will continue to buy more bitcoin ( BTC-USD ), the price of which he expects will keep climbing over time.
MicroStrategy continues its ambitious Bitcoin acquisition strategy with a $1.1 billion purchase of 10,107 BTC, bringing its total holdings to 471,107 BTC, while implementing new financing mechanisms to support future cryptocurrency investments.
MicroStrategy revealed in a press release that it purchased 10,107 BTC for $1.1 billion at an average price of $105,596 per Bitcoin, achieving a year-to-date (YTD) BTC yield of 2.90%. With this latest purchase, MicroStrategy now holds 471,107 Bitcoin, according to Michael Saylor’s latest tweet.
MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.
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 voted last week to increase its number of Class A common shares to 10.3 billion. Separately, MicroStrategy also plans to offer 2,500,000 in new shares of MicroStrategy’s Series A Perpetual Strike Preferred Stock for the purpose of buying more bitcoin.
MicroStrategy announced Monday that it had bought even more Bitcoin and revealed it would sell stock to raise capital and fund future purchases of the cryptocurrency. MicroStrategy’s latest purchase brings its total holdings to more than 470,
Michael Saylor is everywhere, and now he’s on the cover of Forbes in an issue released Jan. 30. The 59-year-old CEO of MicroStrategy was pictured grinning