MicroStrategy Doubles Bitcoin Profits as BTC Price Soars 463%
MicroStrategy's profits double as Bitcoin skyrockets 463% since 2020. Explore the link between their success and the crypto's surge
MicroStrategy announced its second private fundraising this month for $500M of convertible notes to buy more Bitcoin.
BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC
MicroStrategy continues to gobble up Bitcoin (BTC) as the top crypto asset soars to new all-time highs.
MicroStrategy set to raise $600M via convertible notes to buy more Bitcoin
MicroStrategy has also pivoted to become a Bitcoin development company.
Though MicroStrategy is a software and AI company, they are hoping to rebrand themselves into the "the world's first Bitcoin development company". Led by chairman Michael Saylor, they are putting their money where their mouth is, literally. Saylor and MicroStrategy have acquired 193,000 Bitcoins since 2020, making them the largest institutional holder of BTC in the world. This investment has paid off tremendously, making MicroStrategy into one of the most relevant public companies in the crypto space. #newsonleo #bitcoin #crypto #microstrategy #boom
MICROSTRATEGY POSITIONS ITSELF AS A PRIME BITCOIN INVESTMENT ALTERNATIVE TO ETFS
Fixed money always pools.
#microstrategy up to 158K $BTC. #crypto
Here is what happened 3years ago. What a smart decision 🤗.
#microstrategy bought another 12,333 #bitcoin at $28,136 per $BTC
- Total = 52,333 BTC
- AVG purchase price = $29,668
- Invested = $4.52B
- Value = $4.6B
#microstrategy just bought another 1,045 $BTC for an average of $28k per coin
They now hold exactly 140,000 #btc
