MicroStrategy was born a software company, but at this point it's best known for its massive bitcoin holdings — and it may be changing its name to reflect as much.
Their biggest backers include an unlikely group of insurance companies, mutual funds and other usually conservative bond investors. The software company turned itself into a bitcoin whale and now owns some $48 billion of the cryptocurrency.
The Bitcoin price rose 4% in the last 24 hours while traders rush to buy this Pepe 2.0 ICO that might sell out soon.
CNBC's Jim Cramer has told audiences to own Bitcoin over investing in Virginia-based Bitcoin treasury firm MicroStrategy.
MicroStrategy’s relentless Bitcoin buying spree continues, adding 10,100 BTC for $1.1 billion. With 471,100 BTC now in its treasury, valued at $46 billion, the firm reinforces its commitment to a Bitcoin-centric strategy amid market volatility.
Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.
Cramer said that bitcoin was likely topping out and called for an exit. The asset has surged more than 100% since.
Nasdaq-listed Nuvve is the latest company to announce a Bitcoin reserve: The green energy firm will allocate 30% of its cash to the asset.
Discover how Japan’s MicroStrategy Metaplanet plans to raise $745M for a 21,000 Bitcoin acquisition, one of the biggest ever in Asia.
MicroStrategy unveiled its Series A Perpetual Strike Preferred Stock (STRK) with an 8% cumulative dividend. MicroStrategy’s preferred stock offering unlocks a new way to raise
MicroStrategy’s unique Bitcoin strategy offers massive long-term potential but comes with extreme volatility, making it speculative and risky for most investors. Read more here.