The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% annually.
TYSONS CORNER, VA - MicroStrategy Incorporated (NASDAQ:MSTR), a prominent business intelligence firm, disclosed the pricing details for its recent offering of perpetual strike preferred stock on Monday.
TYSONS CORNER, Va. - MicroStrategy Incorporated (NASDAQ:MSTR), known for its substantial Bitcoin holdings and remarkable 578% return over the past year, has priced its public offering of 7.3 million shares of 8.
The shares, the first preferred stock issue by the largest corporate holder of Bitcoin, didn’t get as strong a reception as the company planned.
MicroStrategy Inc. (MSTR) has seen an oversubscription of its latest perpetual convertible preferred stock offering, with subscriptions rising from 2.5 million shares to 7.3 million shares, priced at $80 each.
MicroStrategy (NASDAQ: MSTR) has priced its offering of 7.3M shares of 8.00% Series A Perpetual Strike Preferred at $80.00 per share. The issuance and sale of the perpetual strike preferred stock are scheduled to settle on February 5, 2025, subject to customary closing conditions.
Bitcoin investor MicroStrategy’s $250 million preferred-stock offering may price at a discount to its face value of $100 per share due to apparent insufficient demand for the deal.
TYSONS CORNER, Va. - MicroStrategy Incorporated (NASDAQ:MSTR), a leader in AI-powered business intelligence with a market capitalization of $88 billion, has announced an update to MicroStrategy ONE, its platform designed to improve user interaction with generative AI.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), was reported to have increased its indirect exposure to Bitcoin by 153% year-over-year, reaching a total of 3,821 BTC,
MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company’s play on the cryptocurrency as the “Lever for the Believer” in its note dated Jan.
Norwegian central bank says it owns about $500 million of MicroStrategy stock. Its announcement reflects growing institutional interest in crypto.
Why Michael Saylor’s MicroStrategy is a brilliant blueprint for manipulating traditional finance to harness the pixie dust of crypto mania.