MicroStrategy Inc. is considering perpetual preferred stock to fund its Bitcoin strategy, aiming to offer 1.5x returns and ...
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
(Bloomberg) -- MicroStrategy Inc. bought $243 million of Bitcoin, the 10th consecutive weekly purchase by the enterprise software company turned leveraged Bitcoin proxy. The Tysons Corner, Virgina ...
The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Since MicroStrategy (MSTR) became a bitcoin treasury company in August 2020, it has used three primary instruments to acquire ...
Disclaimer: The analyst who co-wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). Michael Saylor's MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for ...
(Bloomberg) -- MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency.
Sell new stock to buy more Bitcoin. Wash, rinse, repeat. This has been MicroStrategy‘s (NASDAQ:MSTR) business strategy since 2020 when it decided to become a bitcoin treasury company.