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MicroStrategy has bought 5,262 bitcoin using proceeds from a sale of $561 million worth of stock. The company now holds 444,262 bitcoin, worth $27.7 billion, bought at an average price of $62,257.
(Reuters) -MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer. The change comes ...
The average daily retail inflow in MicroStrategy was $3.75 million so far this year, according to data from Vanda, which excludes trading activity via private bankers or savings plans like 401(k).
MicroStrategy stock jumped nearly 5% Monday as investors reacted to the company’s latest bitcoin purchase and its upcoming addition to the Nasdaq 100.The software firm-turned-bitcoin whale said ...
Microstrategy got a boost on Monday following the news that the bitcoin whale is joining the Nasdaq 100, putting it on the radar of more tech investors. Shares rallied as much as 4% Monday morning ...
MicroStrategy owns 1.8% of the total bitcoin supply and plans to increase its holdings. Bernstein projects the company will own $830 billion, or 4% of the total bitcoin supply by 2033.
MicroStrategy Incorporated is an American development company that provides business intelligence (BI), mobile software, and cloud-based services. Founded in 1989 by Michael J. Saylor , Sanju Bansal , and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps.
MicroStrategy resembles a Bitcoin holding company more than than anything else these days. Although it still generates revenue from its enterprise software, sales declined by more than 10% in the ...