MicroStrategy, a major Bitcoin holder among publicly traded companies in the U.S., announced yesterday (13th) its plan to issue $500 million worth of convertible senior notes to qualified institutional investors and use the proceeds to buy more Bitcoin. However, the stock price fell instead of rising.
AlexSoros Fund Management disclosed holdings of $6 billion across 193 positions in Q1 2024, with a notable $135 million investment in MicroStrategy (MSTR). MSTR's ties to Bitcoin and strong Q1 performance reflect investor interest in crypto-related companies.
EdmundGolden Finance launches the 2277th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceThanks to its founder Mike Saylor's aggressive currency hoarding strategy, from 2020 to 2024, as of March 12, MicroStrategy has hoarded 205,000 BTC, with an average cost of 33,706 BTC, or 72k BTC. Calculated, the floating profit exceeds 7.8 billion U.S. dollars.
JinseFinanceBakkt's future hangs in the balance as it navigates turbulent waters in the stock market. With mounting pressure from the NYSE and persistent financial woes, the company faces an uphill battle to regain stability and investor confidence.
BerniceMicroStrategy’s Bitcoin holdings have surpassed $11 billion and its shares are likely to rise on increased institutional Bitcoin demand and the cryptocurrency’s halving, Benchmark said.
JinseFinanceMicrosoft's robust performance, driven by AI prospects and Copilot's potential, positions the tech giant for continued success. Analyst Dan Ives' bullish projection of a $450 stock target underscores optimism for Microsoft's future growth. However, as the company navigates evolving technology landscapes, strategic decisions in 2024 will be crucial.
Cheng YuanBloXroute Labs decides to censor Ethereum blocks with OFAC-sanctioned transactions, sparking debate over blockchain ethics and regulatory compliance.
AlexThe announcement of this partnership took place at the recent Plan B event held in Lugano, Switzerland.
DavinFollowing the initial report on Monday, BC Technology's Share Price fell by 22 per cent.
Clement