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Peter Schiff Predicts Bitcoin To Drop to $20K Price Level
15.4.2024
On April 14, well-known Bitcoin critic Peter Schiff projected that the price of BTC may drop to $20K. Additionally, he issued a cautionary statement, stating that in the event of a price collapse, Microstrategy—the biggest corporate Bitcoin holder—may lose an estimated $2.7 billion.
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Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR
10.4.2024
MicroStrategy's convertible bonds are due in December 2025, and seem due to a large-scale conversion into equity.
The post Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR appeared first on Cryptonews
Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response
9.4.2024
According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin...
Metaplanet’s Stock Surges by 90% in Two Days After Adding $6.56M in Bitcoin to Balance Sheet
9.4.2024
Web3 infrastructure provider Metaplanet has seen a surge in its Tokyo-listed stock by nearly 90% within just two days after adding $6.56 million worth of Bitcoin to its balance sheet.
The post Metaplanet’s Stock Surges by 90% in Two Days After Adding $6.56M in Bitcoin to Balance Sheet...
Blockstream CEO Adam Back Criticizes MicroStrategy Short ETF as ‘Terrible Product’
8.4.2024
Blockstream CEO Adam Back chastised the recently released Defiance 2X Short MSTR ETF (exchange-traded fund). According to the SEC statement, the Defiance ETF, which was proposed on March 7, was filed under the TIDAL TRUST II financial organization.
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MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
8.4.2024
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock
Investment Manager Shorts MicroStrategy, Calls Bitcoin Premium “Unjustifiable” — Is There Trouble Ahead?
28.3.2024
Analysts call MicroStrategy's Bitcoin premium "unjustifiable," asserting the stock is due for a 50% correction.
The post Investment Manager Shorts MicroStrategy, Calls Bitcoin Premium “Unjustifiable” — Is There Trouble Ahead? appeared first on Cryptonews
MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin
28.3.2024
The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said
Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
27.3.2024
MicroStrategy and Coinbase's stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners
Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply
19.3.2024
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382.
The post Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply appeared first on Cryptonews
Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
19.3.2024
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds...
Michael Saylor's MicroStrategy Acquired Another 9,245 BTC For $623M
19.3.2024
MicroStrategy now holds approximately 214,246 BTC ($13.5 billion), which is more than 1% of all the 21 million bitcoin that will ever exist
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
15.3.2024
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering
Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings
14.3.2024
On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various...
MicroStrategy Plans Another $500 Million Private Offering of Convertible Senior Notes, Will Use Proceeds to Buy Bitcoin
13.3.2024
MicroStrategy is diving back into the market with a new $500 million private offering of convertible senior notes. The firm plans to use the proceeds to bolster its already considerable Bitcoin holdings. This comes after a previous successful offering and underscores MicroStrategy's unwavering...
Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin
13.3.2024
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin
Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor's Successful Bitcoin Playbook
13.3.2024
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors
MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord
12.3.2024
The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts
Billionaire Michael Saylor Sells $800 Million Convertible Notes to Buy More Bitcoin
11.3.2024
MicroStrategy’s billionaire executive chairman, founder and former CEO Michael Saylor has just sold $800 million in convertible senior notes to add to his company’s ~ $13 billion Bitcoin war chest. Saylor made the announcement in a tweet on his X profile. MicroStrategy Completes $800...
'Bitcoin is Going to Eat Gold': MicroStrategy’s Michael Saylor
11.3.2024
Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 of bitcoin {{BTC]], MicroStrategy (MSTR) Executive Chairman Michael Saylor said the crypto will be a much more valuable asset than gold in the future