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Microstrategy Announces $1 Billion Dollar Purchase Of Bitcoin

MicroStrategy has announced it has purchased over $1 billion worth of Bitcoin, after finalizing another sale of senior convertible notes in debt. The software intelligence technology company stated the purchase of 19,452 bitcoins puts the company’s total holdings of the number one digital asset at 90,531.  Microstrategy said it paid an average price of $52,765… Read More

Microstrategy To Sell $600 Million Dollar Convertible Notes For More Bitcoin

Microstrategy is continuing to buy more Bitcoin as the price of the cryptocurrency crosses the $50,000 level. In a press release on Tuesday, the software intelligence technology company stated it plans to raise an additional $600 million from convertible senior notes, to buy more Bitcoin. MicroStrategy was the first corporation to directly purchase Bitcoin, as… Read More

Report Says Corporations Buying Bitcoin With Just 10% Allocated Could Push Price To $500K

According to a report by Ark Invest, if corporations convert just 10% of their cash reserves to Bitcoin the price of the number one digital asset could surge to $535,000. In its latest report,  in a section called “Bitcoin: Preparing for Institutions,” investment firm Ark Invest stated that even a tiny 1% allocation from S&P… Read More

Microstrategy CEO Michael Saylor To Host Cryptocurrency Corporate Summit In February

Last year, Microstrategy was one of the first major institutions to support Bitcoin openly and buy up hundreds of millions of dollars-worth of Bitcoin between August and December of last year. Now the company’s CEO Michael Saylor is planning to host the world’s first digital summit for corporations on Bitcoin. Saylor further noted he’s confident… Read More

SkyBridge Capital Buys $25 Million of Bitcoin Launches Fund

Anthony Scaramucci’s hedge fund SkyBridge Capital has bought and invested $25 million worth of Bitcoin. The fund has started trading and shall open to the public early next month. Scaramucci said his interview with Michael Saylor influenced his decision to buy $25 million BTC. CNBC first broke the news announcing that the New York-based hedge… Read More

Microstrategy CEO Michael Saylor Says He Personally Owns $240 Million In Bitcoin

Microstrategy CEO Michael Saylor has revealed that he personally owns about $240 million in Bitcoin. The CEO of the billion-dollar company Microstrategy, Michael Saylor, has revealed his own bitcoin holdings. His company, Microstrategy, recently bought $425 million in bitcoin as its primary Treasury reserve asset. Saylor, who has been outspoken about Bitcoin ever since his… Read More

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