Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.
MicroStrategy raises $1.01B for Bitcoin acquisitions
MicroStrategy raises $1.01 billion through convertible senior notes, aiming to acquire more Bitcoin and redeem $500M in senior notes.
MicroStrategy doubles down on Bitcoin, proposes $700M convertible notes to fund BTC acquisition
MicroStrategy plans to issue $700M in convertible notes to redeem older debts and increase its Bitcoin holdings.
MicroStrategy Announces $700 Million Raise To Redeem Senior Secured Notes and Buy Bitcoin
MicroStrategy will use the net proceeds from this offering to redeem Senior Secured Notes due 2028 and to acquire additional bitcoin.
MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases
Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028. What Happened: This offering, expected to close by Sep.
MicroStrategy Plans to Raise $700M For Additional Bitcoin Investment And Buyback Debt
MicroStrategy, a business intelligence and cloud-based services firm, announced its plans to sell $700 million in senior convertible notes.
MicroStrategy’s Latest $1.1 Billion Bitcoin Purchase Is Largest Since 2021
MicroStrategy Inc. purchased 18,300 Bitcoin for around $1.11 billion, the largest acquisition of the digital asset by the ...
TMCnet34m
MicroStrategy Completes $1.01 Billion Offering of 0.625% Convertible Senior Notes Due 2028
The notes are unsecured, senior obligations of MicroStrategy, and bear interest at a rate of 0.625% per annum, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on ...
CoinDesk on MSN1d
Maximizing Bitcoin per Share: A New Corporate Strategy
Cathedra's goal is now to maximize bitcoin holdings per share by moving away from mining to create a more sustainable cash ...
Max Keiser Attacks Michael Saylor For Finding Fault With El Salvador's Bitcoin Strategy: 'You Owe Nayib Bukele An Apology'
Staunch Bitcoin (CRYPTO: BTC) advocate Max Keiser slammed MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor for ...
MicroStrategy continues bitcoin buying spree, lifting holdings to $9.45 bln
Software firm MicroStrategy acquired bitcoin worth $1.11 billion between Aug. 6 and Sept 12, boosting its total holdings of ...
Investing21h
Is MicroStrategy’s Borrow-to-Buy Bitcoin Strategy a Risk Too Big to Take on?
Much of the proceeds from that debt will be used to redeem/pay off other debt, but MicroStrategy also expects to use some of the proceeds to purchase Bitcoin. Previously known mainly as a software ...
According to MicroStrategy's Michael Saylor, Now Is the Time to Go All-In on Bitcoin. Is He Right?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
MicroStrategy's Bitcoin Playbook Is Becoming A Hit Among Companies, But There's A Catch
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative ...