Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to the digital asset that drives its value,” the company stated. MicroStrategy’s shares witnessed a notable 14% decline on Thursday following the disclosure. Unjustifiable Premium The firm argued that the premium at which MicroStrategy’s shares are trading,...
Read More »MicroStrategy: Die Bitcoin-Aktie?
Ok, Bitcoin hat keine eigene Aktie. Aber Michael Saylor, der CEO der Software-Firma MicroStrategy, ist ein grosser Bitcoin-Enthusiast und Förderer und hat auch einen beachtlichen Teil der Firmengelder von MicroStrategy in Bitcoin investiert. Wer Bitcoin liebt und in Aktien investiert, sollte sich MicroStrategie einmal genauer anschauen. Die Aktien gibt es u.a. bei Bitpanda zu kaufen. Man braucht dort lediglich einen verifizierten Account. MicroStrategy: Ein führender Akteur im Bereich...
Read More »Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate
Crypto industry veterans and investors are debating whether Bitcoin (BTC) or MicroStrategy (MSTR) is a better buy following several weeks of stellar performance for both assets. Since the start of the year, Bitcoin has rallied 54% on the back of massive demand for newly launched Bitcoin ETFs, whose shares have appreciated at the same rate as the underlying coin. MicroStrategy, however – the company owned by Bitcoin billionaire Michael Saylor – has risen 155% in that same...
Read More »MicroStrategy to Raise $500M to Bolster Bitcoin Holdings through Convertible Note Offering
CoinspeakerMicroStrategy to Raise $500M to Bolster Bitcoin Holdings through Convertible Note Offering MicroStrategy has made it clear that the proceeds from this offering, along with the previous $800 million raise, will be used to acquire additional Bitcoin and for general corporate purposes. MicroStrategy to Raise $500M to Bolster Bitcoin Holdings through Convertible Note Offering
Read More »MicroStrategy Announces Another $500 Million Note Sale To Buy Bitcoin
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has announced another senior note offering for $500 million, with which proceeds will be used to purchase even more Bitcoin. At current prices, the next purchase is expected to take the company’s holdings beyond 210,000 coins – over 1% of the entire Bitcoin supply that will ever exist. Per the company’s announcement on Wednesday, the convertible notes are due for repayment in 2031. Their interest rate and...
Read More »MicroStrategy Buys Additional 12,000 Bitcoin Following Completion of $800M Notes Offering
CoinspeakerMicroStrategy Buys Additional 12,000 Bitcoin Following Completion of $800M Notes Offering MicroStrategy said the note offerings which were used to fund the acquisition of the 12,000 BTC were completed on March 8, 2024. MicroStrategy Buys Additional 12,000 Bitcoin Following Completion of $800M Notes Offering
Read More »Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
CoinspeakerCrypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T Multiple crypto stocks jumped in premarket following Bitcoin's continuous rise past the $51,000 mark as ETFs receive large inflows. Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
Read More »MicroStrategy’s Michael Saylor Says Bitcoin Products Demand Exceeds Supply by 10x
Michael Saylor, MicroStrategy’s co-founder and executive chairman, said in a recent interview that the demand for Bitcoin coming from the recently listed spot Bitcoin exchange-traded funds (ETFs) is tenfold the supply available from natural sellers, who are miners. Saylor believes the ETFs are supporting the surge in the Bitcoin price since there is an imbalance in the crypto’s supply. Demand for Bitcoin Products is 10x the Supply In an interview with CNBC, Saylor noted that...
Read More »Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
CoinspeakerBitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000 The inflow recorded by spot Bitcoin ETFs nearly surged to $500 million yesterday, as the price of Bitcoin hit a level not seen for 2 years. Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
Read More »Recently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings
CoinspeakerRecently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings The several spot Bitcoin ETFs excluding Grayscale Investments now hold about 192k Bitcoins compared to MicroStrategy’s 190k according to its latest quarterly report. Recently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings
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