MicroStrategy’s 0% senior convertible note means it will not need to pay regular interest to bondholders. MicroStrategy, the largest corporate holder of Bitcoin, is set to raise $1.75 billion to buy more Bitcoin from senior convertible notes at a 0% interest rate. MicroStrategy said it “intends to use the net proceeds from this offering to acquire additional…
Read more
MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat. MicroStrategy purchased its first Bitcoin stash on Aug. 10, 2020, becoming the first public-traded company to adopt the cryptocurrency as its primary treasury reserve asset. Four years later, the bold move has evolved…
Read more
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender. MicroStrategy, the largest corporate holder of Bitcoin , has announced it will launch a decentralized identity solution on the Bitcoin network that uses Ordinal-based inscriptions to store and retrieve…
Read more
Hackers took over the official MicroStrategy X account, posting a series of malicious links to a fake airdrop for a so-called Ethereum-based $MSTR token. Business intelligence firm MicroStrategy’s X account has been hacked, posting malicious links to a fake airdrop of a so-called “official” Ethereum-based MSTR token. A user clicking on the link is directed…
Read more
Key Points MicroStrategy’s profits were reported at $3.5 billion, emphasizing the potential of crypto investments. The Federal Reserve Chairman called for a legal framework for stablecoin amid crypto market expansion. Bitcoin is reaching new all-time highs after 2 years, partly due to the forthcoming ‘halving’ event and Bitcoin ETFs. Get an in-depth look at crypto’s…
Read more
MicroStrategy snapped up another 850 Bitcoin in January, increasing its total BTC holdings to a value of $8.1 billion. MicroStrategy, the largest publicly traded holder of Bitcoin , says it acquired an additional 850 BTC in January bringing its total holdings to 190,000 BTC — worth $8.1 billion. In its Q4 2023 Feb. 6 earnings call, the…
Read more
Central issues: Michael Saylor plans to sell $216 million in MicroStrategy shares procured through investment opportunities, lining up with a pre-declared system. MicroStrategy’s portions flood by 372%, coming to more than $685, the most noteworthy since December 2021, pushed by Bitcoin’s assembly and expectation of the principal US spot ETF. In spite of the auction,…
Read more
