MicroStrategy | ForkLog

ForkLog 25 27.03.2024

MicroStrategy Shares Reach 24-Year High

On March 26, MicroStrategy’s market capitalization reached a new high of $31.85 billion, the highest since March 2000. This daily increase of 1.13% was driven by Bitcoin’s recovery to $70,000. Daily chart of MicroStrategy shares on Nasdaq. Data: Finviz. The stock closed the day at $1877, setting a new intraday record of $1909.5. Since the […]

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ForkLog 30 19.03.2024

MicroStrategy’s Bitcoin Holdings Surpass 1% of Cryptocurrency’s Total Supply

Following its acquisition of 9,245 BTC for $623 million, MicroStrategy’s cryptocurrency reserves have reached 214,246 BTC, exceeding 1% of the total supply of digital gold. MicroStrategy has acquired an additional 9,245 BTC for ~$623.0M using proceeds from convertible notes & excess cash for ~$67,382 per #bitcoin. As of 3/18/24, $MSTR hodls 214,246 $BTC acquired for […]

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ForkLog 19 14.03.2024

MicroStrategy to Issue $500 Million in Bonds for Bitcoin Acquisition

MicroStrategy plans to raise $500 million through the issuance of convertible bonds maturing in 2030 for qualified investors. The funds will be used for “acquiring additional bitcoins and general corporate purposes.” The company intends to offer buyers an option to purchase additional securities worth up to $75 million. The issuance will depend on “market and […]

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ForkLog 17 13.03.2024

Coinbase Follows MicroStrategy with $1 Billion Convertible Bond Offering

Coinbase plans to raise $1 billion through a private placement of convertible debt. The cryptocurrency exchange intends to use the proceeds for debt repayment, general corporate purposes, and potential acquisitions. Investors will have an option to purchase an additional $150 million in securities. The offering includes a provision for “capped call transactions,” which aims to […]

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ForkLog 33 11.03.2024

MicroStrategy Acquires Additional 12,000 BTC

MicroStrategy has made an additional purchase of 12,000 BTC, as announced by its founder, Michael Saylor. MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477 per #bitcoin. As of 3/10/24, $MSTR hodls 205,000 $BTC acquired for ~$6.91B at average price of $33,706 per bitcoin. https://t.co/YayyKtpz8d […]

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ForkLog 14 11.03.2024

BlackRock’s IBIT Surpasses MicroStrategy in Bitcoin Holdings

BlackRock’s iShares Bitcoin Trust (IBIT) has acquired 197,943 BTC, surpassing MicroStrategy’s 193,000 BTC, according to data from BitMEX Research. [2/4] Same data in BTC terms pic.twitter.com/1sccUA2FTE — BitMEX Research (@BitMEXResearch) March 9, 2024 In value terms, the largest competitor, GBTC, holds the leading cryptocurrency worth $13.58 billion. This volume was achieved nearly 40 trading sessions […]

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ForkLog 24 05.03.2024

MicroStrategy to Issue $600 Million in Bonds for Bitcoin Acquisition

MicroStrategy will raise $600 million through the issuance of convertible bonds for qualified investors. The funds will be used for “purchasing additional bitcoins and general corporate purposes.” MicroStrategy Announces Proposed Private Offering of $600 Million of Convertible Senior Notes $MSTR https://t.co/PEN5dxesIb — Michael Saylor⚡️ (@saylor) March 4, 2024 The offering will depend on “market and […]

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ForkLog 16 04.03.2024

Michael Saylor Declares a ‘Gold Rush’ for Bitcoin

Spot Bitcoin ETFs have accelerated the adoption of digital gold among institutions. This trend will be bolstered by the rise of autonomous artificial intelligence, according to MicroStrategy founder Michael Saylor. MUST WATCH‼️ — Michael Saylor: We are in the Bitcoin Gold Rush era. It started in January 2024 and will last until the end of […]

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ForkLog 21 28.02.2024

MicroStrategy’s Unrealized Bitcoin Gains Surpass $5 Billion

MicroStrategy’s unrealized gains from its acquisition of 193,000 BTC have reached $5.3 billion. The surpassing of the significant $5 billion mark was facilitated by Bitcoin’s rally to $59,000. The corporation allocated $6.088 billion for the purchase of digital gold. At the time of writing, its holdings of the leading cryptocurrency are valued at $11.46 billion, […]

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ForkLog 23 26.02.2024

MicroStrategy Acquires 3,000 BTC for $155 Million

MicroStrategy has made an additional purchase of 3,000 BTC, as announced by the company’s founder, Michael Saylor. MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per #bitcoin. As of 2/25/24, @MicroStrategy now hodls 193,000 $BTC acquired for ~$6.09 billion at an average price of $31,544 per bitcoin. […]

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ForkLog 25 26.02.2024

Hackers Compromise MicroStrategy’s X Account for Phishing Scheme

On January 25, hackers took control of MicroStrategy’s X account and posted malicious links promoting a fake token giveaway of MSTR. there was a second best after all (hacked acc if not obvious lol) pic.twitter.com/cdLqbqiiCO — Spreek (@spreekaway) February 26, 2024 Users who clicked the link were prompted to connect their wallets and request a […]

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ForkLog 112 21.02.2024

Michael Saylor Rules Out Bitcoin Sales from MicroStrategy’s Holdings

Michael Saylor, the founder of MicroStrategy, stated in an interview with Bloomberg that the company has no plans to sell its bitcoin holdings in the near or long term. “There is no reason to sell winners and buy losers,” Saylor noted. In his view, spot ETFs have paved the way for institutional capital in the […]

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