MicroStrategy redeems $1.05B in 2027 convertible notes, offering investors the option to convert into shares before February 20.
MicroStrategy Buys $1.1 Billion of Bitcoin
MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, is grappling with potential federal tax obligations tied to its massive Bitcoin holdings, according to a Wall Street Journal report.
MicroStrategy, the top corporate holder of the world's first cryptocurrency Bitcoin, may pay taxes on its holdings despite never selling any.
TYSONS CORNER, Va. - MicroStrategy Incorporated (NASDAQ:MSTR), known for its significant Bitcoin investments and remarkable 727% return over the past year, has issued a notice for the full redemption of its 0.
Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential
Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.
The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether through sell or buy transaction, it will continue make money from the trading fees. This article first appeared on GuruFocus.
Shares of MicroStrategy Inc. (MSTR) fell nearly 1% in pre-market trading on Tuesday after Bitcoin (BTC) prices tumbled from highs of $109,114.88 to as low as $100,103.96 on Monday. President Donald Trump was expected to mention Bitcoin during his inauguration speech on Monday.
MicroStrategy (MSTR) stock has been on an incredible upward trajectory, delivering jaw-dropping returns for its investors. In 2024, the stock soared an astounding 358.54%, vastly outpacing the S&P 500 Index’s ($SPX) 23.
MicroStrategy continues its Bitcoin acquisition strategy with a new $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor.