MicroStrategy | ForkLog

ForkLog 6 11.11.2024

MicroStrategy Acquires 27,200 BTC for $2.03 Billion

Between October 31 and November 10, MicroStrategy acquired an additional 27,200 BTC for $2.03 billion, at approximately $74,463 per coin. This was announced by the company’s founder, Michael Saylor. MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, […]

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ForkLog 10 07.11.2024

JPMorgan Affirms Bitcoin’s Growth Forecast Amid Trump and MicroStrategy Influence

JPMorgan experts express confidence in the “positive outcomes” for both the leading cryptocurrency and gold during Donald Trump’s presidency in the United States, reports The Block.

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ForkLog 19 31.10.2024

MicroStrategy Aims to Raise $42 Billion for Bitcoin Purchases

In its financial results for the third quarter, MicroStrategy reported a loss of $340.2 million and unveiled a plan to raise $42 billion to continue its bitcoin acquisition strategy. The business analytics software provider’s revenue amounted to $116.1 million, falling short of the consensus estimate by about $8 million and down 10.3% from the same […]

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ForkLog 19 25.10.2024

BitMEX Assesses the Likelihood of MicroStrategy Liquidating Bitcoin Reserves

It is deemed “extremely unlikely” that market conditions will compel MicroStrategy to sell its bitcoin reserves, according to BitMEX Research experts. MicroStrategy Bonds – When Liquidation? We look at MSTR’s outstanding bonds & look at their structure. We assess the possibility MSTR could be forced to sell Bitcoin. We argue that forced liquidations are unlikely, […]

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ForkLog 9 24.10.2024

Michael Saylor Advocates for Bitcoin Self-Custody Amid Criticism

Michael Saylor, the founder of MicroStrategy, has expressed support for non-custodial storage of cryptocurrencies. This is presumably in response to criticism from the community following a recent interview. I support self-custody for those willing & able, the right to self-custody for all, and freedom to choose the form of custody & custodian for individuals & […]

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ForkLog 29 11.10.2024

Michael Saylor Envisions MicroStrategy as a $1 Trillion Bitcoin Bank

MicroStrategy’s ultimate ambition is to transform into a leading bitcoin bank with a market valuation of $1 trillion, according to the company’s founder, Michael Saylor, in an interview with Bernstein, as reported by The Block. The business analytics software provider began acquiring the first cryptocurrency for its balance sheet in August 2020. Its latest purchase […]

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ForkLog 6 25.09.2024

MicroStrategy Explores Bitcoin Lending, Says Benchmark

MicroStrategy may diversify its bitcoin asset revenues by offering loans in the leading cryptocurrency, according to a hypothesis proposed by Benchmark, reports The Block. Experts believe such an initiative could offset interest payments on debts and bolster its assets without concerns over excessive leverage or shareholder dilution. Analysts recalled MicroStrategy’s raising of $1.01 billion through […]

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ForkLog 24 20.09.2024

MicroStrategy Acquires 7,420 BTC Following $1 Billion Bond Sale

MicroStrategy announced the acquisition of an additional 7,420 BTC for $458.2 million (at approximately $61,750 per coin) following the sale of convertible senior notes amounting to $1.01 billion with an annual interest rate of 0.625% and maturing in 2028. MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin and has achieved BTC […]

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ForkLog 90 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 51 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 24 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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