Software firm MicroStrategy has announced the addition of more Bitcoins to its balance sheet. This time, the company said it took out a $250 million Bitcoin-backed loan to purchase the number one cryp...
Tag: MicroStrategy
Leverage! MicroStrategy Subsidiary Lands $205M Loan to Buy More Bitcoin
MacroStrategy, a subsidiary of publicly-traded company MicroStrategy, has obtained a $205 million loan term to purchase more bitcoin. The latest development represents the first move by MicroStrategy ...
MicroStrategy to buy yet more Bitcoin with $205 million loan
Michael Saylor’s MicroStrategy has announced that one of its subsidiaries has taken out a loan of $205 million with which to buy more bitcoin. With bitcoin getting close enough to have a very real ch...
MicroStrategy Takes Loan To Buy Bitcoin
Software company MicroStrategy is read to buy the Bitcoin dip. According to a press release, the company took a $205 million loan from Silvergate Bank, a financial solution provider for the crypto ind...
Michael Saylor’s MicroStrategy Borrows $205 Mln To Buy More Bitcoin
MicroStrategy said on Tuesday it had borrowed $205 million from crypto bank Silvergate Capital to purchase more Bitcoin (BTC). The loan will be backed by some of MicroStrategy’s BTC holdings as collat...
MicroStrategy Subsidiary Borrows $205 Million from Silvergate Bank to Buy Bitcoin
Yuri Molchan A subsidiary of Michael Saylor’s company has taken a Bitcoin-collaterized loan to stock up on BTC Disclaimer: The opinion expressed here is not investment advice – it is provided fo...
MicroStrategy Borrows Against Bitcoin to Buy More Bitcoin
Key Takeaways MacroStrategy, a branch of MicroStrategy, has received a $215 million loan from Silvergate Bank to buy more Bitcoin. MicroStrategy provided a portion of its Bitcoin reserves as collatera...
MicroStrategy to Buy More BTC Following $205M Bitcoin-Collaterized Loan From Silvergate
Silvergate Bank has provided a $205 million term loan, collateralized by BTC holdings, through its SEN leverage program to MicroStrategy’s subsidiary – MacroStrategy. The company wants to use the fund...
Billionaire Saylor’s MicroStrategy Takes On $205 Million Loan To Buy More Bitcoin As Experts Eye $50,000 Price
Topline MicroStrategy, the data analytics firm helmed by billionaire cryptocurrency bull Michael Saylor, announced Tuesday one of its subsidiaries has taken on a $205 million loan to buy more bitcoin ...
MicroStrategy CEO Michael Saylor Thinks So –
Michael Saylor has always been optimistic about Bitcoin and often expresses his opinions regarding cryptocurrency and its potential. He does not like Gold, as it can not be developed or rented, unlik...
Tesla’s Elon Musk Says He’s Not Selling His Crypto Holdings. Bitcoin Is Up.
Text size Bitcoin Dreamstime Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell. Dogecoin (D...
What According To MicroStrategy CEO, The Reasons Behind Volatility In Crypto Market?
In the latest CNBC interview, Microstrategy founder Michael Saylor discusses the reason behind the large fluctuations in the price of the crypto assets. Wild-west of crypto derivatives and 20X l...
Crypto Entices Skeptics In Its First War
two commemorative bitcoins seen in front of the national flag of Russia (Photo by Artur … [+] Widak/NurPhoto via Getty Images) NurPhoto via Getty Images The value of the Russian ruble is in free...
Bitcoin Could Stifle Incidents Of Cyber Attacks, Says MicroStrategy CEO With Compelling Reasons ⋆ ZyCrypto
Advertisement     Michael Saylor claims Bitcoin can stifle incidents of cyber attacks. He claims that this will be possible because of Bitcoin’s nature as it revolves ...
CryptoQuant CEO urges Bitcoin (BTC) investors to follow MicroStrategy
According to the CEO of CryptoQuant, Ki Young Ju, Bitcoin (BTC/USD) will hold the narrative of being digital gold as long as large HODLers such as MicroStrategy do not sell. The actions of these major...
Digital Gold Narrative Survives If MicroStrategy Keep HODLing Bitcoin, Says CryptoQuant CEO
Amid international crises and a shaky crypto market, debates rage on about what role Bitcoin actually serves as an investment. Is it digital gold, or just another risk asset? In a recent tweet, Ki You...
Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec
As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative for now, or u...
Microstrategy price outlook as Bitcoin turns bullish again
MicroStrategy Incorporated (NASDAQ:MSTR) was in the green all through last week, with a minor correction towards the end of the week. This is strongly correlated to Bitcoin’s price action. Bitcoin sta...
Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC – Coinotizia
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Mich...
Microstrategy CEO Foresees Bitcoin’s Price Reaching $6 Million – Coinotizia
The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hod...
MicroStrategy Has Lost a Lot of Money On BTC
MicroStrategy has already lost nearly $150 million this quarter largely because bitcoin’s price has dipped so much. MicroStrategy Stock Has Fallen Due to BTC It wouldn’t matter if bitcoin fell on its ...
Tesla’s Bitcoin Investment Hits Nearly $2 Billion—Here’s How That Compares To Billionaire Novogratz’s Galaxy, Dorsey’s Square And More
Topline Electric carmaker Tesla revealed in a public filing Monday that the value of its bitcoin holdings ballooned to nearly $2 billion by the end of December, confirming the firm helmed by billionai...
Bitcoin is a 100 year investment: Microstrategy CEO
Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor sa...
MicroStrategy Could Lend out Its Massive Bitcoin Stash for Yield, Says CEO Michael Saylor – But There’s a Catch
MicroStrategy CEO Michael Saylor says that the enterprise software firm is considering lending out its massive Bitcoin (BTC) holdings to earn income. In a 2021 fourth-quarter earnings call, Saylor say...
MicroStrategy Buys the Bitcoin Dip, Increases Crypto Stash to a Massive 125,051 BTC
MicroStrategy CEO Michael Saylor says that the enterprise analytics firm is buying the dip and scooping up even more Bitcoin (BTC). According to Saylor, MicroStrategy just purchased an additional 600 ...
MicroStrategy and why holding Bitcoin on balance sheets might go both ways
Several financial institutions have had a complicated relationship with the cryptocurrency since Bitcoin emerged to take centerstage in the global economy. Over the years, however, BTC has been fairly...
MicroStrategy Will Proceed To Purchase BTC Despite $146.6 Million In Q4 Impairment Charges
MicroStrategy purchased 53,922 BTC for an average buying price of $48,710. This takes the total BTC held by the company to 124,391 The company incurred $146.6 million of bitcoin impairment costs. Impa...
Michael Saylor Interviews Jack Dorsey About Bitcoin Principles, MicroStrategy Purchases 660 More BTC
MicroStrategy CEO Michael Saylor recently held a live keynote session with Jack Dorsey, CEO of Block Inc., in which the two executives discussed the principles behind Bitcoin and what its outlook is f...
MicroStrategy CEO: ‘BTC is the most disruptive force of the decade’
Bitcoin crashed to a low of $33,000 in January, which MicroStrategy Incorporated (NASDAQ: MSTR) saw as an opportunity to load up on the world’s largest cryptocurrency. The known BTC bull investe...
MicroStrategy reports a $146.6M impairment on Bitcoin holdings in Q4 2021
MicroStrategy, a business analytics firm that has invested heavily in Bitcoin, has released its financial results for Q4 2021. The company reported a net loss of $146.6 million from impairment charges...