Tag Archives: microstrategy

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

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...

Bitcoin may have struggled to reclaim its position above the recently established all-time high of over $73,000, but prominent brokerage firm Bernstein remains optimistic about the asset’s future trajectory. In its latest report, Bernstein analysts even upped their long-term price forecast for BTC to $200,000 by the end of 2025. The firm had previously predicted the cryptocurrency to hit $150,000 that year. Bernstein’s Bold Predictions for Bitcoin The analysts attributed this...

CoinspeakerBernstein Predicts Bitcoin (BTC) Price to Reach $1M by 2033 Gautam Chhugani and Mahika Sapra from Bernstein also believe that the digital currency could reach a circle-high of $200,000 by 2025. Bernstein Predicts Bitcoin (BTC) Price to Reach $1M by 2033

Business intelligence firm and long-time Bitcoin holder MicroStrategy announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. Interestingly, the proceeds of this initiative will be used to buy more Bitcoin and for other corporate purposes. According to its official announcement, the NASDAQ-listed company also intends to grant initial buyers of the notes an option to purchase up to an additional $75 million in principal amount of...

California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024, Semler holds a total of 828 bitcoins, which were acquired for an aggregate of $57 million, inclusive of fees and expenses. Preps $150M Bitcoin Warchest In a new filing, the Nasdaq-listed medical manufacturer also revealed looking to raise $150 million to buy more bitcoins in the future,...

Bitcoin development company MicroStrategy has found another copycat willing to mimic its investment strategy of going all-in on BTC. Semler Scientific (SMLR), a little-known medical company trading on the NASDAQ, announced on Tuesday that it had adopted Bitcoin as its “primary treasury reserve asset” that will henceforth be bought using the company’s excess cash. Semler Scientific Makes The Bitcoin Leap Semler kicked off its plans with an initial purchase of 581 BTC at a cost...

Metaplanet, a firm in Japan known as “Japan’s MicroStrategy” on Crypto Twitter, has seen its shares surge 158% over the last week. Following this, trading stock came to a stop for two consecutive days. Meanwhile, the company is now in the lead among Japanese stocks as the highest gainer. Metaplanet’s Bitcoin Strategy Pays Off Metaplanet has gained attention due to its strategy, which has been likened to MicroStrategy’s. Notably, the latter is the largest Bitcoin corporate...

CoinspeakerEMURGO Inks Partnership with GSR to Promote Cardano Ecosystem EMURGO has been a core supporter of the Cardano blockchain since 2021. EMURGO Inks Partnership with GSR to Promote Cardano Ecosystem