MicroStrategy | ForkLog

ForkLog 92 17.09.2024

MicroStrategy to Issue $700 Million in Convertible Bonds for Bitcoin Acquisition

MicroStrategy plans to issue four-year senior unsecured convertible bonds worth $700 million for “acquiring additional bitcoins and funding general corporate purposes.” MicroStrategy Announces Proposed Private Offering of $700M of Convertible Senior Notes $MSTR https://t.co/OCq7wj2u0P — Michael Saylor⚡️ (@saylor) September 16, 2024 $500 million of the raised funds will be used to repay the remaining principal […]

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ForkLog 53 13.09.2024

MicroStrategy Acquires 18,300 BTC for $1.1 Billion

MicroStrategy has purchased an additional 18,300 BTC for approximately $1.11 billion, at a price of $60,408 per coin. This was announced by the company’s founder, Michael Saylor. MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per #bitcoin and has achieved BTC Yield of 4.4% QTD and 17.0% YTD. As of 9/12/2024, we hodl […]

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ForkLog 25 07.08.2024

Michael Saylor Reveals Over $1 Billion in Bitcoin Holdings

Michael Saylor, the founder of MicroStrategy, disclosed to Bloomberg that he personally owns the leading cryptocurrency valued at over $1 billion. #Bitcoin is a capital investment you can hold for decades that a corporation, competitor, counterparty, or country can’t take away from you. It will create generational wealth for your family, corporation, or country. pic.twitter.com/amQNn4JQwR […]

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ForkLog 21 02.08.2024

MicroStrategy Acquires $805 Million in Bitcoin in Q2

MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 12,222 BTC for $805 million in the second quarter, bringing its total reserves to 226,500 BTC (~$14.7 billion). This was revealed in the firm’s report. Over the past three months, the company reported a loss of $5.74 per share with quarterly revenue of $111.4 million—a […]

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ForkLog 111 28.07.2024

Michael Saylor Predicts Bitcoin to Reach $13 Million by 2045

The price of the leading cryptocurrency is projected to hit $13 million by 2045, according to MicroStrategy founder Michael Saylor during his speech at the annual Bitcoin 2024 conference in Nashville, reports Cointelegraph. He noted that with Bitcoin’s current price around $65,000, its market capitalization stands at $1.3 trillion—merely 0.1% of global wealth. With an […]

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ForkLog 20 24.06.2024

Michael Saylor Predicts Bitcoin’s Ascent to $10 Million

Michael Saylor, the founder of MicroStrategy, is confident in Bitcoin’s potential to reach $10 million, driven by support from China and other factors. During a podcast with Robin Sier, the entrepreneur described Bitcoin as a “perfect” asset: “What is the difference between perfect and imperfect money? Perfect money is economic immortality. Imperfect money: we all […]

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ForkLog 13 22.06.2024

Michael Dell Shows Interest in Bitcoin

Michael Dell, the founder and CEO of Dell, has expressed interest in the leading cryptocurrency on the social network X. #Bitcoin is Digital Scarcity. — Michael Saylor⚡️ (@saylor) June 20, 2024 “Scarcity creates value,” he wrote. The post caught the attention of MicroStrategy founder Michael Saylor, who described Bitcoin as “digital scarcity.” In response, Dell […]

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ForkLog 18 20.06.2024

MicroStrategy Acquires 11,931 BTC and Issues $800 Million in Shares

MicroStrategy has acquired an additional 11,931 BTC for $785 million (~$65,883 per coin), utilizing proceeds from convertible notes and excess cash. This was announced by the company’s founder, Michael Saylor. MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin. As of 6/20/24, $MSTR […]

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ForkLog 13 13.06.2024

MicroStrategy to Issue $700 Million in Convertible Bonds for Bitcoin Acquisition

MicroStrategy plans to issue eight-year convertible senior unsecured notes amounting to $500 million for “acquiring additional bitcoins and funding general corporate purposes.” June 14, 2024 | 15:22Update: MicroStrategy has raised the target threshold for the bond issuance to $700 million. MicroStrategy Announces Pricing of Offering of Convertible Senior Notes $MSTR https://t.co/ejEbX1a7P9 — Michael Saylor⚡️ (@saylor) […]

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ForkLog 13 07.06.2024

Short Positions on MicroStrategy Stocks Surge to $6.9 Billion

The value of open short positions on MicroStrategy stocks has tripled over the past six months, reaching $6.9 billion, according to Cointelegraph. The securities of the “Bitcoin and related products developer” are among the 2500 largest shorts in the US stock market. The top position on the list is valued at $2.47 billion (ranked 27th). […]

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ForkLog 32 03.06.2024

MicroStrategy and Michael Saylor Settle Tax Case for $40 Million

MicroStrategy and its founder, Michael Saylor, have reached a $40 million settlement with the District of Columbia’s prosecutor in a tax evasion case, according to The New York Times, citing court documents. Local authorities filed a lawsuit against Saylor in August 2022, alleging that he had failed to pay over $25 million in taxes on […]

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ForkLog 17 02.05.2024

MicroStrategy to Launch Bitcoin-Based Decentralized Identity Solution

MicroStrategy intends to launch a decentralized identity protocol, MicroStrategy Orange, built on Bitcoin. This was reported by influencer Dylan LeClair, who attended the presentation. Source: I’m at the presentation. pic.twitter.com/bVJvWh2PxB — Dylan LeClair ? (@DylanLeClair_) May 1, 2024 The solution stores and interacts with users’ personal information using unspent transaction outputs (UTXO) on the blockchain. […]

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