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MicroStrategy owns 226,500 Bitcoin nowadays, worth $13.4 billion at today's Bitcoin prices. It only has $67 million of cash equivalents on hand, the rest of its cash reserves being converted into ...
Its stock price, which had risen from $7 per share to as high as $333 per share in a year, fell to $120 per share, or 62%, in a day in what is regarded as the bursting of the dot-com bubble. [ 14 ] In December 2000, the U.S. Securities and Exchange Commission brought charges against the company and its executives. [ 15 ]
Bitcoin's spot price is just under $100,000, so using that round number for simplicity, MicroStrategy's Bitcoin holdings have a market value of approximately $27.9 billion today.
Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive. He is the executive chairman and co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
In November 1990, Jack Long and Gary Gunter began forming Lone Star Overnight in Austin, Texas.With 28 employees and seven packages, Lone Star Overnight began operations on March 4, 1991.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased.
On 11 September 2000, the financial secretary of the Hong Kong Government, Sir Donald Tsang, announced the partial privatisation of MTR Corporation Limited. [2] The offering was for one billion shares, but this was increased to 1.15 billion due to high demand. [3]
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