Bitcoin Purchase | ForkLog

ForkLog 230 18.03.2025

Strategy Seeks $500 Million for Bitcoin Purchases via Stock Offering

Strategy (formerly MicroStrategy) plans to issue an additional 5 million Class A preferred shares at $100 each. Strategy today announced the launch of $STRF (“Strife”), a new perpetual preferred stock offering, available to institutional investors and select non-institutional investors. For more information, click here. $MSTR https://t.co/XM7XbMepEY — Michael Saylor⚡️ (@saylor) March 18, 2025 The firm […]

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ForkLog 47 17.03.2025

Strategy Acquires Bitcoin Worth $10 Million

Strategy (formerly MicroStrategy) has announced the purchase of 130 BTC for $10.7 million. This marks the smallest transaction in the past 12 months. Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 3/16/2025, we hodl 499,226 $BTC acquired for ~$33.1 billion at […]

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ForkLog 48 10.03.2025

Strategy to Raise Up to $21 Billion for Bitcoin Acquisition

The company Strategy (formerly MicroStrategy) intends to raise $21 billion through the sale of Series A preferred stock as part of an ATM program. The funds raised will be used for purchasing Bitcoin and other corporate purposes. According to the press release, the program will allow the firm to issue and sell 8% Series A […]

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ForkLog 50 05.03.2025

El Salvador Augments Bitcoin Reserves by 19 BTC

On March 4, El Salvador’s authorities expanded the national bitcoin reserve by 19 BTC, once again deviating from the plan to purchase one coin per day. This occurred amid a decline in the first cryptocurrency’s price below $90,000. ? pic.twitter.com/cR1U4he9io — Nayib Bukele (@nayibbukele) March 4, 2025 CoinDesk noted the signing of an Extended Fund […]

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ForkLog 36 24.02.2025

Strategy Shares Decline Following Acquisition of 20,356 BTC

The founder of Strategy (formerly MicroStrategy), Michael Saylor, announced the purchase of an additional 20,356 BTC for $1.99 billion at a price of $97,514 per coin. Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 $BTC acquired for […]

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ForkLog 6 24.02.2025

Montana House Rejects Bitcoin Reserve Bill

The Montana House of Representatives voted 59-41 against a bill to establish a Strategic Bitcoin Reserve (SBR) during its second reading. ? MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 — 59. It was largely partisan, but […]

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ForkLog 23 24.02.2025

Montana House Rejects Bitcoin Reserve Bill

The Montana House of Representatives voted 59-41 against the bill to establish a Strategic Bitcoin Reserve (SBR) during its second reading. ? MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 — 59. It was largely partisan, but […]

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ForkLog 4 19.02.2025

Utah Senate to Review Bitcoin Reserve Bill

The Utah Senate’s Revenue and Taxation Committee (USA) will review a bill proposing the establishment of a strategic reserve in the leading cryptocurrency (SBR). This follows its approval by the state’s House of Representatives. The document, titled H.B. 230, received eight votes in favor, with one legislator opposing. The initiative allows for the investment of […]

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ForkLog 14 19.02.2025

Strategy to Issue $2 Billion in Bonds for Bitcoin Acquisition

Strategy, formerly known as MicroStrategy, has announced the issuance of convertible bonds amounting to $2 billion. The firm intends to use the proceeds from these securities for general corporate purposes, including the purchase of Bitcoin. The bonds will carry an interest rate of 0% and are set to mature on March 1, 2030, although early […]

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ForkLog 40 14.02.2025

Michigan Joins the Race to Establish a Bitcoin Reserve

The Michigan House of Representatives has introduced Bill 4087, which proposes investing up to 10% of the general and economic stabilization funds in cryptocurrencies. The document also includes an option for lending in digital assets without increasing financial risk to generate additional revenue. One of the authors, Brian Posthumus, expressed the state’s ambition to become […]

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ForkLog 8 13.02.2025

VanEck Predicts US States to Acquire $23.5 Billion in Bitcoin

The adoption of state-level strategic bitcoin reserve (SBR) bills could generate additional demand for digital gold amounting to 242,787 BTC ($23.5 billion), according to calculations by VanEck. We analyzed 20 state-level Bitcoin reserve bills.If enacted, they could drive $23 billion in buying, or 247k BTC. This sum is independent of any pension fund allocations, likely […]

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ForkLog 14 06.02.2025

MicroStrategy Rebrands as Strategy Amid $670.8 Million Loss

MicroStrategy removed Micro from its name, emphasizing its commitment to acquiring digital gold. Net loss in Q4 amounted to $670.8 million; the company will adopt new digital asset accounting standards. In 2025, management aims to earn $10 billion from the revaluation of the leading cryptocurrency. MicroStrategy has rebranded, changing its name to Strategy. The corporation […]

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