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Tag Archives: microstrategy

MicroStrategy Adds 169 BTC to Holdings, Unveils New ‘Bitcoin Yield’ KPI

On August 1, MicroStrategy founder Michael Saylor announced that in July, the firm acquired an additional 169 BTC for $11.4 million and now holds a total of 226,500 BTC. The company continues to focus on its bitcoin acquisition strategy. However, it faced significant impairment losses due to BTC price fluctuations, resulting in a second consecutive quarterly loss. The world’s largest corporate holder of BTC now has $14.6 billion worth at current spot prices, and it wants...

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Buying Bitcoin Paid Off for Metaplanet as Shares Jump Over 800% YTD

Japanese investment firm Metaplanet has been on an aggressive Bitcoin buying spree. Earlier this week, it announced adding 21.877 BTC to its stash, bringing its total holdings to 225.611 BTC. At the current price, the Tokyo-listed company now holds Bitcoins worth almost $14.8 million. This investment strategy appears to have paid off as Metaplanet experienced an incredible surge in its shares this year, with a major boost recorded in May after the company announced tapping...

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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

Shares in Bitcoin development firm MicroStrategy popped 3% on Thursday after the company’s executive chairman, Michael Saylor, announced that it will soon undergo a 10-for-1 stock split. The action will make it far more affordable for smaller investors to gain minimal exposure to MSTR, which left them in the dust during its early-year rally alongside Bitcoin. Making MicroStrategy More Affordable Per a Thursday press release from the company, the action will apply to all...

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Metaplanet: Japanische Firma besitzt 20’195 Bitcoins

Metaplanet, gelistet an der Tokioter Börse unter dem Ticker 3350, gab am 1. Juli bekannt, dass es einen zusätzlichen Bitcoin-Kauf getätigt hat. Nachdem das Unternehmen am 24. Juni Pläne bekannt gegeben hatte, BTC im Wert von 1 Milliarde Yen (6,2 Millionen Dollar) zu erwerben, hat Metaplanet den Kauf mit einer Investition von 200 Millionen Yen eingeleitet. Damit ist Metaplanet sozusagen Japan’s MicroStrategy. Metaplanet: Japans Vorreiter im Bitcoin-Investment Metaplanet, ein...

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T-Rex Files for ‘Ghost Pepper’ 2x Leveraged MicroStrategy ETF

T-Rex Group – a financial services company – has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is being deemed as potentially the most volatile ETF in the country. The filing with the Securities and Exchange Commission’s EDGAR platform reveals that the main aim of the objective of the fund, dubbed ‘T-Rex 2X Long MSTR Daily Target ETF,’ is to magnify the daily performance of the publicly traded common...

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MicroStrategy Ups its Bitcoin-Centered Convertible Note Offering to $700 Million

Just a day after announcing a $500 million convertible senior note offering to purchase more BTC, among other goals, Michael Saylor’s brainchild increased its target to $700 million. The company’s shares have been on a wild ride in 2024, perhaps due to the developments around the Bitcoin landscape, but have soared by triple digits since the start of the year. $500M Not Enough Ever since August 2020, when it announced its first BTC purchase, the NASDAQ-listed business...

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