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MicroStrategy share boost approved for Bitcoin purchases
MicroStrategy Buys $1.1 Billion of Bitcoin Before Share Vote
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
MicroStrategy share boost approved for bitcoin purchases - report
Shareholders of MicroStrategy (MSTR) gave the company the go-ahead to boost its number of authorized class A common shares by 30-fold to finance purchases of bitcoin.
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
MicroStrategy Share Increase Approved to Fund Bitcoin Purchases
MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.
MicroStrategy Buys $243 Million of Bitcoin After Share Sales (1)
MicroStrategy Inc. bought $243 million of Bitcoin, the 10th consecutive weekly purchase by the enterprise software company turned leveraged Bitcoin proxy.
MicroStrategy Share Expansion Approved To Fuel Aggressive Bitcoin Purchases
MicroStrategy shareholders approved an increase in Class A common shares. Authorized preferred stock shares will also rise. The proposals passed with 56% approval, bolstered by
13h
on MSN
Behind MicroStrategy’s Bitcoin Bet: Investors Who Usually Play It Safe
Bitcoin bonds’ offer insurers a less risky way to purchase cryptocurrency.
Barchart on MSN
18h
MicroStrategy Stock Is About to Rival Amazon in This 1 Unexpected Way
When you think of companies that rival Amazon (AMZN) in size and scope, MicroStrategy (MSTR) isn’t the first name that comes ...
6h
on MSN
Why MicroStrategy Incorporated (MSTR) Is Skyrocketing Now
We recently compiled a list of the Why These 10 Large-Cap Stocks are Skyrocketing. In this article, we are going to take a ...
24/7 Wall St. on MSN
7d
Rising Risk in MicroStrategy's Infinite Money Glitch
Borrow money through convertible debt. Buy Bitcoin (CRYPTO:BTC) to drive prices higher. Sell new stock to buy more Bitcoin.
2d
MicroStrategy Buys Another $1.1 Billion of Bitcoin
The software-intelligence company turned bitcoin-holding entity said Monday it bought $1.1 billion of bitcoin between Jan. 13 and Jan. 20. MicroStrategy said it bought 11,000 bitcoins. It paid an ...
10d
on MSN
MicroStrategy resumes bitcoin buying, but prices keep falling
Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it ...
decrypt
2d
MicroStrategy Bitcoin Stash Grows by $1 Billion
MicroStrategy has added another $1.1 billion worth of Bitcoin to its corporate treasury according to a Tuesday SEC filing.
3d
on MSN
Where Will MicroStrategy Stock Be in 5 Years?
MicroStrategy (NASDAQ: MSTR), which went public in 1998, was once considered a slow-growth analytics software company. It was ...
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