‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express
Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express Source link
Bitcoin jumps 2% on MicroStrategy buy with $100K BTC price in focus
An unusual BTC price reaction to MicroStrategy’s latest confirmation of increased BTC exposure accompanies the week’s first Wall Street open. Source link
MicroStrategy purchased $1.5B in Bitcoin last week
MicroStrategy announced that it bought 15,400 Bitcoin for $1.5 billion between Nov. 25 and Dec. 1. Source link
Solv to launch ‘onchain MicroStrategy’
The goal is to create an onchain product that generates yield on Bitcoin, according to Solv’s co-founder. Source link
MicroStrategy wipes $30B in biggest 4-day drop amid Bitcoin correction
On the yearly chart, Bitcoin rose 146% and MicroStrategy gained 599% as more retail investment increased MicroStrategy’s volatility compared to BTC. Source link
MicroStrategy raises $1.75 billion to acquire more Bitcoin
MicroStrategy announced it would raise the private offering of convertible senior notes to $1.75 billion, as they acquire $4.6 billion Bitcoin to holdings on the same day. According to the company’s official statement on Nov. 18, MicroStrategy is raising funding to buy more Bitcoin in the future through private offerings that qualify as institutional buyers. […]
MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin
MicroStrategy’s 0% senior convertible note means it will not need to pay regular interest to bondholders. Source link
Bitcoin price dips 3% as liquidity hunt follows $4.6B MicroStrategy buy
Bitcoin appears to react to news that MicroStrategy went on a giant BTC buying spree last week. Source link
MicroStrategy buys $4.6B of Bitcoin as price hits new highs
MicroStrategy has acquired an additional 51,780 BTC worth $4.6 billion, boosting its total holdings to 331,200 Bitcoin as BTC prices hit record highs above $92,400. Source link
MicroStrategy is trading at an ‘unjustifiable premium’ to Bitcoin: Analyst
In a recent report, investment firm Kerrisdale Capital stated that it has taken a short position on MicroStrategy while remaining bullish on Bitcoin in the long haul. Source link
