Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Go to Source
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MicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence
Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week. Go to Source
JPMorgan raises price targets on Bitcoin mining stocks
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said. Go to Source
Microsoft shareholders vote ‘no’ on Bitcoin reserve
The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor. Go to Source
MicroStrategy will eventually unravel — Bitcoin bulls should look elsewhere
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course. Go to Source
‘Buying the top forever’ — MicroStrategy bags 21.5K Bitcoin at peak prices
MicroStrategy keeps stacking Bitcoin despite BTC hitting all-time high prices, with its co-founder Michael Saylor confident that his company will still buy it at $1 million per coin. Go to Source
Microstrategy’s Bitcoin Holdings Hit 423,650 After $2.1 Billion Purchase
Microstrategy has amassed 423,650 BTC worth $25.6 billion and just bought 21,550 more, underscoring its aggressive bet on bitcoin as a transformative asset. Michael Saylor Highlights Microstrategy’s 423,650 BTC Portfolio and KPI Success Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) has significantly expanded its bitcoin portfolio, as disclosed in a Dec. 9 filing with the … Read more
MicroStrategy’s Bitcoin buys clock $17B profit
MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin. Go to Source
What are convertible senior notes? How MicroStrategy uses them to buy Bitcoin
For companies like MicroStrategy, convertible senior notes provide low-interest financing and flexible capital without diluting shareholders. Go to Source
BlackRock’s Bitcoin ETF tops 500K BTC holdings worth $48B
BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books. Go to Source
