MicroStrategy Buys $1.1 Billion of Bitcoin

MicroStrategy Buys $1.1 Billion of Bitcoin Before Share Vote
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases
The shareholders behind MicroStrategy have voted to dramatically increase the number of shares in a bid to raise funds for additional Bitcoin (BTC).
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
MicroStrategy Share Increase Approved to Fund Bitcoin Purchases
MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.
MicroStrategy Shareholders Approve 10.3 Billion Shares through Voting
MicroStrategy shareholders approves major increase in the company’s authorized shares, expanding from 330M to 10.3B for BTC acquisitions.
MicroStrategy Bought Another $1B in Bitcoin Last Week
Key Takeaways MicroStrategy has purchased another $1.1 billion worth of bitcoin for its treasury, which brings its total holdings to 461,000 bitcoin.This is the eleventh week in a row MicroStrategy has announced a bitcoin purchase.
MicroStrategy buys ~$1.1B bitcoin from Jan. 13-20
MicroStrategy (NASDAQ:MSTR) acquired around 11,000 bitcoins for ~$1.1B in cash for the period between Jan. 13-20, 2025. The purchases were made using proceeds from the company’s recent stock offering having an aggregate offering price of up to $21B.
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MicroStrategy Pulls Back; Is It Time To Buy As Crypto Prices Ride Trump Train?
MicroStrategy stock is testing a closely watched level as bitcoin prices have risen. So, is it time to buy, sell or hold?
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MicroStrategy Acquires Another $1.1B Bitcoin, BTC Price Recovery Ahead?
MicroStrategy, led by Michael Saylor, has announced its latest Bitcoin purchase, marking its third acquisition of the year.
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MicroStrategy Added 11K Bitcoin for $1.1B, Pushing Holdings to 461K BTC
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Led by Executive Chairman Michael Saylor, ...
Where Will MicroStrategy Stock Be in 5 Years?
That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s ( BTC 4.66%) for $250 million. It then accumulated more Bitcoin each year, and ...
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UTXO and Partners Announce Acquisition of Hong Kong-listed Company
UTXO Management, in partnership with Sora Ventures and others, acquires a majority stake in Hong Kong-listed HK Asia Holdings Limited, unveiling plans to rebrand as Moon Inc. and lead strategic ...
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MicroStrategy Targeting $2B Perpetual Preferred Stock Offering: Benchmark
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 ...