Search results
Results From The WOW.Com Content Network
MicroStrategy (NASDAQ: MSTR) stock saw big sell-offs in Tuesday's trading. As of 3:15 p.m. ET, the company's share price was down 11% amid a 1.1% pullback for the S&P 500 index and a 1.9% decline ...
Shares of MicroStrategy (NASDAQ: MSTR) jumped 24.7% higher this week, according to data from S&P Global Market Intelligence. The Bitcoin investment company was helped by the cryptocurrency's price ...
The software-company-turned-bitcoin-play disclosed earlier this week it purchased another 51,780 bitcoins for approximately $4.6 billion in cash at an average price of just over $88,500 per ...
Today, MicroStrategy holds approximately 226,500 Bitcoin at $8.34 billion in cost, worth over $15 billion at Bitcoin's current price. The company funds this primarily with convertible bonds .
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 ]
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 ...
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.
Here's a look at the history of MicroStrategy and where the stock stands today. ... MSTR) first went public in June 1998 as a business-to-business enterprise software company ahead of the dot-com ...