MicroStrategy | ForkLog

ForkLog 16 06.12.2024

Michael Saylor Dismisses Likelihood of Bitcoin Plummeting by 80%

Michael Saylor, the founder of MicroStrategy, explained in an interview with Yahoo Finance why he considers a deep correction in Bitcoin unlikely in the current cycle. On $BTC 100K Day, my discussion with @JulesHyman covered advice to @stoolpresidente, cyber-manhattan, the need for a digital assets framework, the emergence of #Bitcoin as the world reserve capital […]

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ForkLog 10 02.12.2024

MicroStrategy Acquires 15,400 BTC for $1.5 Billion

MicroStrategy has acquired an additional 15,400 BTC, as announced by the company’s founder, Michael Saylor. MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR https://t.co/K3TK4msGp0 […]

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ForkLog 15 02.12.2024

Michael Saylor Proposes Bitcoin Strategy for Microsoft

Transitioning to Bitcoin could add $5 trillion to Microsoft’s market capitalization, according to MicroStrategy founder Michael Saylor in a presentation to the tech giant’s board of directors. Saylor suggested the company convert its reserves, cash flows, and debts into Bitcoin. He believes this would boost MSFT’s stock growth: “If you do this, you will add […]

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ForkLog 65 29.11.2024

Peter Schiff Predicts Bankruptcy for MicroStrategy

Peter Schiff, President of Euro Pacific Capital and a critic of Bitcoin, described MicroStrategy as a “great short” and predicted its bankruptcy in an interview with Kitco News. The entrepreneur criticized Michael Saylor’s strategy of large-scale Bitcoin purchases through debt financing. “If you understand the dynamics of how this works, you realize that it can […]

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ForkLog 5 27.11.2024

Public Companies’ Bitcoin Strategy: A Rare Phenomenon

Currently, a mere 0.01% of public companies globally hold the premier cryptocurrency, according to estimates from OKG Research. OKG Research said that currently only 0.01% of listed companies in the world hold Bitcoin. According to conservative estimates, the amount of funds that can enter Bitcoin in the next year is about 2.28 trillion US dollars. […]

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ForkLog 19 25.11.2024

MicroStrategy Expands Bitcoin Holdings, Analysts Predict Reserves Could Reach 4% of Total Supply

Bernstein experts predict that by the end of 2033, MicroStrategy will own 4% of the total bitcoin supply — 830,000 BTC at a price of $1 million. On November 25, the company additionally acquired 55,500 BTC at ~$97,862. By the end of 2033, MicroStrategy is expected to increase its bitcoin reserves from 1.7% to 4% […]

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ForkLog 8 24.11.2024

Doubts Cast on MicroStrategy’s Bitcoin Strategy

MicroStrategy’s strategy of purchasing bitcoin through debt financing is unsustainable in the long term, according to Bloomberg Opinion columnist Lionel Laurent. Michael Saylor’s company has increased its market capitalization by approximately 50 times since August 2020, when it adopted the leading cryptocurrency as a reserve asset. MicroStrategy primarily uses equity and debt capital to acquire […]

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ForkLog 102 21.11.2024

MicroStrategy’s Stock Outpaces Bitcoin by Fivefold Since January

Since the beginning of the year, MicroStrategy’s shares have surged by 650.2%, while the digital gold has risen by 123.1%. These figures are provided by MSTR Tracker. Data: MSTR Tracker. The illustration also highlights MSTR’s advantage over the S&P 500 index (24.2%), Nvidia shares (194.6%), and other members of the “Magnificent Seven“. The company’s total […]

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ForkLog 7 19.11.2024

MicroStrategy to Raise $1.75 Billion for Bitcoin Acquisition

MicroStrategy plans to issue five-year senior convertible bonds worth $1.75 billion. The funds will be used for acquiring digital gold and general corporate purposes. MicroStrategy Announces Proposed Private Offering of $1.75B of Convertible Senior Notes. $MSTR https://t.co/dBJMUvfjj1 — Michael Saylor⚡️ (@saylor) November 18, 2024 The interest rate on the securities will be 0%. They will […]

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ForkLog 198 18.11.2024

MicroStrategy Acquires 51,780 BTC; MARA Secures $700 Million for Bitcoin Investments

Between November 11 and 17, MicroStrategy acquired an additional 51,780 BTC for approximately $4.6 billion, with an average purchase price of about $88,627. MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC acquired for […]

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ForkLog 16 12.11.2024

Tesla’s Bitcoin Holdings Surpass $1 Billion

Tesla holds 11,509 BTC valued at over $1 billion. El Salvador’s bitcoin assets exceed $500 million. MicroStrategy’s unrealized profit from bitcoin investments surpasses $10 billion. The German government missed out on $1.6 billion in profit by selling 50,000 BTC in the summer. The value of Tesla’s digital gold on its balance sheet has exceeded $1 […]

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ForkLog 13 12.11.2024

MicroStrategy Shares Hit Record High, Coinbase Reaches Peak Since November 2021

On November 11, MicroStrategy’s stock price reached a new all-time high of $351.73, marking a year-to-date growth of 438.3%. The surge was driven by a cryptocurrency market rally following Donald Trump’s victory in the U.S. presidential election. Daily chart of MSTR. Data: Finviz. MicroStrategy’s market capitalization jumped by 25.7% to $68.9 billion. According to Bloomberg […]

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