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Tag: MicroStrategy

  • MicroStrategy Continues Relentless Buying, Scoops 15,350 BTC Above $100K Price.

    MicroStrategy Continues Relentless Buying, Scoops 15,350 BTC Above $100K Price.

    MicroStrategy, the American business intelligence firm and first corporate bitcoin holder, has continued increasing its holdings. As its founder, Michael Saylor, announced on Monday, the company acquired an additional 15,350 BTC to expand its holdings despite the uptrend in the price of BTC.

    Over 2% of the Total Bitcoin Supply

    MicroStrategy’s latest bitcoin purchase cost about $1.5 billion. It acquired the crypto at an average price of $100,386 per BTC, the first time Saylor’s company has bought bitcoin above the $100,000 mark.

    Concluding its latest purchase, the publicly traded firm now holds 439,000 BTC acquired for $27.1 billion at approximately $61,725 per bitcoin. The business intelligence firm now controls about 2.10% of the total fixed bitcoin supply.

    70%+ Profits

    Saylor’s confidence in bitcoin over the years has yielded massive returns. Calculating by spot bitcoin price of $105,000, MicroStrategy sits in more than 70% profits as its holdings are currently worth over $46 billion.

    MicroStrategy has achieved a BTC Yield of 46.4% QTD and 72.4% YTD. By adopting a strategic Bitcoin reserve, the company continues to generate more profits for its investors, following the uptrend in the BTC price.

    Moreover, following the company market capitalization increase fueled by the crypto uptrend this year, it has increased its chances of making it into the  Nasdaq-100 index.

    MicroStrategy Leads the Pack

    Since MicroStrategy started acquiring bitcoins in 2020, many publicly traded firms have followed in the company’s footsteps, adopting bitcoin as their primary reserve asset instead of holding fiat.

    American Bitcoin mining firm Riot joined the pack earlier this month with its 5,117 bitcoins acquisition. Despite being a miner, the firm has revealed plans to buy BTC from the open market periodically. It now holds 16,728 bitcoins worth more than $1.7 billion.

    The list includes Japanese firm Metaplanet, American Miner, Marathon Digital, and others.

    Meanwhile, MicroStrategy’s Saylor recently stated that America should sell its Gold holdings and use the proceeds to acquire more BTC.

  • MicroStrategy’s Bitcoin Holdings Exceed $40B as BTC Hits $100K Milestone

    MicroStrategy’s Bitcoin Holdings Exceed $40B as BTC Hits $100K Milestone

    The world’s largest cryptocurrency, Bitcoin (BTC), has surged past the $100,000 mark for the first time in history, solidifying its position as a global financial asset. The latest milestone has had a monumental impact on Bitcoin-heavy institutions like MicroStrategy, whose Bitcoin holdings have now exceeded a staggering $40 billion in value.

    According to data from Saylor Tracker, MicroStrategy currently holds 402,100 BTC, purchased at an average of $58,402, and is collectively worth $41.33 billion. Bitcoin was trading at $101,184 at the time of writing, up 5.87% daily, per data from CyptotocurrenciesToWatch.

    MicroStrategy Acquires Large BTC

    The business intelligence company has continued to accumulate large amounts of BTC throughout the year. In November alone, the firm allocated $13.5 billion to acquire 149,880 BTC at an average cost of $90,231 per coin. By December 2, MicroStrategy disclosed an additional investment of $1.5 billion, securing another 15,400 BTC at an average price of $95,976.

    Furthermore, Michael Saylor, the founder and executive chairman of MicroStrategy, noted that the firm’s Bitcoin acquisitions in November delivered a 38.7% return, adding a net gain of 97,500 BTC to shareholder value. With Bitcoin trading at $96,000, this translated to an estimated monthly benefit of $9.4 billion for shareholders, averaging about $312 million per day.

    Generally, MicroStrategy’s cumulative bitcoin acquisitions amounted to approximately $23.48 billion. However, with the current valuation of its holdings reaching $41.21 billion, the company’s investment has appreciated by 75.48% since it began acquiring BTC in 2020.

    With all its total BTC stash, MicroStrategy plans to raise $2.6 billion from senior convertible notes at a 0% interest rate. The company aims to use the funds to accumulate more BTC. The notes will be offered privately, exclusively to individuals reasonably believed to qualify as institutional buyers under Rule 144A of the Securities Act.

    MicroStrategy’s Portfolio Hits Over $22B

    In the wake of United States President Donald Trump’s electoral win in early November, the value of MicroStrategy’s Bitcoin holdings surged past $22.98 billion, marking a return on investment exceeding 100%. At that moment, the company reported unrealized profits of $11.08 billion. Currently, the unrealized gains have grown to over $17.72 billion.

    With the crypto asset’s performance, the executive also aims to transform the firm into a trillion-dollar company and become the world’s leading Bitcoin bank. Saylor announced this vision during an interview with analysts at asset management firm Bernstein.

  • MicroStrategy Has Done It Again! Purchases 15,400 BTC Worth $1.5B

    MicroStrategy Has Done It Again! Purchases 15,400 BTC Worth $1.5B

    The America-based publicly traded company MicroStrategy has made another massive investment in Bitcoin, purchasing an additional 15,400 of the pioneer crypto worth $1.5 billion. This marks the company’s fourth consecutive weekly purchase, bringing its total Bitcoin holdings to 402,100 worth $39 billion.

    Interestingly, this recent purchase has contributed to the company’s impressive BTC yield, with a 38.7% return quarter-to-date (QTD) and a 63.3% return year-to-date (YTD). This move demonstrates MicroStrategy’s continued commitment to investing in Bitcoin.

    MicroStrategy Purchases More BTC

    The Virginia-based firm made the latest purchases between November 25 and December 1, as reported in a United States Securities and Exchange Commission (SEC) filing. Since November 11, MicroStrategy has invested over $13.5 billion in Bitcoin, solidifying its position as a significant player in the crypto market.

    MicroStrategy’s co-founder and Chairman, Michael Saylor, has been instrumental in transforming the enterprise software maker into a “Bitcoin Treasury” company. This bold move has captured the attention of Wall Street and the crypto industry, with the company’s shares surging over 500% this year, outperforming almost every other major stock.

    MicroStrategy has been relying on the sale of convertible notes and at-the-market share offerings to fund these massive purchases. The company’s commitment to Bitcoin is evident in its actions, and the crypto community is interested in seeing how this strategy plays out in the long run.

    Four Purchases in One Month

    MicroStrategy has made four significant BTC purchases in just one month, reminding the crypto industry of Saylor’s statement. The Bitcoin Maximalist revealed that the company’s vision is to be the world’s leading Bitcoin bank.

    MicroStrategy’s Bitcoin purchases in one month totaled 149,880 BTC, making its stash precisely 2% of the crypto’s total supply. The acquisitions include 27,200 BTC for $2.03 billion, 51,780 BTC for $4.6 billion, 55,500 BTC for $5.4 billion, and the latest 15,400 BTC for $1.5 billion.

    Meanwhile, MARA (formerly Marathon Digital), a Bitcoin mining company, plans to raise up to $805 million to purchase more BTC. The education-focused company Genius Group has also recently invested $1.8 million in the pioneer crypto. As more institutions vie for a share of the digital asset, it could do more numbers and surpass the $100,000 zone, as predicted by several analysts.

  • Michael Saylor Flaunts 100,247% Rise in MSTR, Buoyed by Bitcoin

    Michael Saylor Flaunts 100,247% Rise in MSTR, Buoyed by Bitcoin

    Michael Saylor, the executive chairman of business intelligence company MicroStrategy, has put the company on air as the biggest corporate firm that has journeyed from grass to financial grace, even in the face of market volatility.

    In a recent tweet, the American billionaire entrepreneur flourished MicroStrategy’s rich historic transition from 2002 to date. He stated that on July 3, 2002, the publicly traded company recorded its lowest end-of-day price at $0.42.

    A Journey of Resilience And Grit

    Fast-forward 22 years, and the business intelligence firm records a 100,247% increase in the price of its market stock, which is now $421.88.

    At the time of writing, however, data found on companiesmarketcap.com revealed that $MSTR stock market prices have pumped up once again from $421.88 to $473.83, another 12% increase from the time Michael Saylor made the latest flaunt on X(formerly Twitter).

    Notably, the software company’s stock market value started to appreciate significantly in August 2020, when MicroStrategy became the first publicly traded company in the United States to acquire bitcoin as part of its capital allocation scheme.

    Since then, the publicly traded company has made bitcoin a core reserve asset, acquiring the king crypto as a hedge against the influence and having diversity in its corporate treasury asset.

    Michael Saylor’s Business Model

    Over the past few years, the business intelligence company has been on countless bitcoin purchase sprees, applying Saylor’s unconventional model to bitcoin banking, which he dubbed  “capital market arbitrage,” as a vehicle to making MicroStrategy the world’s leading bitcoin bank.

    The firm has been to the bitcoin market on several occasions recently. MicroStrategy recently announced that it has added 55,500 BTC to its holding, worth $5.4 billion. This brings its total holdings to 386,700 BTC. Interestingly, this portfolio is worth over 1.84% of BTC’s total supply of 21 million coins.

  • Saylor Doesn’t Care: MicroStrategy Spends $5.4B on Latest Bitcoin Shopping

    Saylor Doesn’t Care: MicroStrategy Spends $5.4B on Latest Bitcoin Shopping

    American business intelligence firm and the world’s first corporate bitcoin holder, MicroStrategy, has hit the market again with a whooping 55,500 BTC purchase completed on Monday.

    MicroStrategy’s chairman, Michael Saylor, has shown unwavering confidence in the leading cryptocurrency by adopting it as a reserve for his company and acquiring it despite the market uptrend. He does not care about the market price.

    $5.4 Billion BTC Shopping

    According to Saylor, his company stormed the crypto market with $5.4 billion and got about 55,500 BTC at an average price of $97,862 per bitcoin. Completing its latest purchase, MicroStrategy has achieved a BTC Yield of 35.2% QTD and 59.3% YTD.

    To finance its large purchase, MicroStrategy completed a $3 billion convertible senior notes offering to qualified institutional investors at 0% interest, maturing by December 2029 with a buyback clause.

    Following the purchase, MicroStrategy now holds 386,700 BTC, over 1.84% of the total fixed bitcoin supply, acquired for $21.9 billion at an average price of $56,761 per bitcoin.

    MSTR Investors Benefit

    Saylor revealed in a recent X post that the company’s MSTR stock has increased since it switched to a Bitcoin primary reserve strategy. Within the past 22 years, the stock has jumped by 100,247%, from $0.42 to $421.88, with most of the massive jumps occurring since he adopted bitcoin in 2020.

    He also noted that year to date, MSTR holders are enjoying a net benefit of approximately 112,125 BTC, or 341 BTC per day.

    Confirming the rise, a recent participant in CNBC’s Mad Money show noted that he has only held MSTR for a year and is swimming in over 1000 % profit.

    MicroStrategy Sets Pace

    Semler Scientific, a U.S. healthcare technology firm, follows in MicroStrategy’s footsteps. According to its latest release, it has acquired 297 BTC for $29.1 million at 97,995 per bitcoin. Concluding its last purchase, it now holds 1,570 BTC acquired for $117.8 million at $75,039 per bitcoin.

    Alongside Semler is Marathon Digital, a Bitcoin mining firm that also added to its stack with a just-concluded 5,771 BTC purchase on Friday. It now holds 33,875 BTC, valued at almost $3.4 billion.

    Meanwhile, at the current bitcoin price of $96,000, MicroStrategy’s holdings are worth over $37.1 billion.

  • MicroStrategy Raises Note Sales to $2.6B for Bitcoin Acquisitions

    MicroStrategy Raises Note Sales to $2.6B for Bitcoin Acquisitions

    MicroStrategy, a leading business intelligence firm and one of the largest corporate holders of Bitcoin, has announced that it has raised its convertible note offering. This move further cements the company’s commitment to the crypto asset as a long-term investment strategy.

    MicroStrategy noted that it plans to raise $2.6 billion from senior convertible notes at a 0% interest rate to acquire more BTC. The note sale was increased from the initially announced offering of $1.75 billion in aggregate principal amount of notes.

    According to the announcement, the notes will be offered privately, exclusively to individuals reasonably believed to qualify as institutional buyers under Rule 144A of the Securities Act.

    MicroStrategy to Raise More Cash

    The $2.6 billion note offering is directed at qualified institutional buyers and is anticipated to be finalized on November 21, pending the fulfillment of standard closing requirements.

    The increase in the note offering indicates growing institutional confidence in Bitcoin. Investors appear willing to back MicroStrategy’s bold strategy as BTC nears the $100,000 mark.

    MicroStrategy’s move comes when bitcoin is experiencing renewed bullish momentum, hovering over $94,100. At the time of publication, the crypto asset is up 2.46% in the last 24 hours.

    The business intelligence company also gave the notes’ initial buyers a three-day window to acquire up to an additional $400 million in total principal value.

    Starting December 4, 2026, and contingent upon specific conditions, MicroStrategy can repurchase some or all of the notes for cash at a price equivalent to 100% of their principal value, along with any accumulated and unpaid special interest.

    If MicroStrategy opts to repurchase only a portion of the outstanding notes, a minimum of $75 million in total principal value must remain unredeemed as the redemption notice is issued.

    MicroStrategy Holds $30.3B in BTC

    The announcement comes after MicroStrategy plans to raise $1.75 billion from senior convertible notes at a 0% interest rate to acquire additional bitcoin. The company intends to use the net proceeds from the offering to purchase additional BTC and support various general corporate objectives.

    MicroStrategy, led by executive chairman Michael Saylor, has solidified its position as a top player in BTC acquisition. The company currently holds 331,200 bitcoins, valued at over $30.3 billion, after acquiring an additional $4.6 billion in BTC on November 18.

  • MicroStrategy to Raise $1.75B with 0% Interest Note Offering to Buy Bitcoin

    MicroStrategy to Raise $1.75B with 0% Interest Note Offering to Buy Bitcoin

    MicroStrategy, the largest corporate holder of Bitcoin, is making waves again with its latest announcement. The company plans to raise $1.75 billion from senior convertible notes at a 0% interest rate to acquire additional bitcoin (BTC).

    The company noted that it aims to allocate the net proceeds from this offering toward purchasing more BTC and addressing broader corporate needs.

    The notes will be made available to individuals deemed eligible institutional investors under Rule 144A of the Securities Act and to specific international buyers through transactions conducted outside the United States by Securities Act regulation. The business intelligence giant’s 0% senior convertible notes indicate that it will not provide periodic interest payments to investors.

    MicroStrategy to Raise More Cash

    According to MicroStrategy, the offering depends on prevailing market dynamics and other factors, and there is no certainty about its timing, terms, or successful execution.

    The firm also plans to provide initial buyers of the notes with a three-day window, starting from the issuance date, to acquire up to an additional $250 million in total principal value of the notes.

    These convertible notes are issued at a reduced price and will reach their total face value upon maturity in 2029, provided they are not converted beforehand.

    MicroStrategy Continues Shopping

    If MicroStrategy allocated the entire $1.75 billion to purchasing bitcoin at current market rates, it could acquire approximately 19,065 BTC.

    MicroStrategy, led by executive chairman Michael Saylor, has solidified its position as one of the largest corporate holders of Bitcoin. The company currently holds 331,200 bitcoin, valued at over $30.3 billion, after acquiring an additional $4.6 billion in BTC on November 18.

    Similarly, on November 11, 2024, the business intelligence firm acquired approximately 27,200 bitcoins at a total cost of about $2.03 billion, with an average purchase price of roughly $74,463 per BTC, including fees and expenses.

    This year, MicroStrategy has acquired approximately 142,050 bitcoins, which are worth approximately $12.8 billion based on current market prices. With BTC’s current performance, the firm’s bitcoin investment portfolio is anticipated to skyrocket.

    CryptocurrenciesToWatch reported that Saylor aims to transform the firm into a trillion-dollar value and become the world’s leading Bitcoin bank. The company’s CEO plans to raise hundreds of billions through various financial instruments, including convertible notes and preferred stock, which will be used to purchase bitcoins. He predicts MicroStrategy’s value will skyrocket, dominating options and equity markets.

  • MicroStrategy Goes Shopping, Adds 51,780 BTC to Stash

    MicroStrategy Goes Shopping, Adds 51,780 BTC to Stash

    Publicly traded business intelligence firm MicroStrategy continues showing its unswerving commitment to growing its Bitcoin stash. Today, the firm announced that it has acquired an additional 51,780 to its bitcoins holding, worth $4.6 billion, buying each BTC at $88,627.

    The latest acquisition brings the company’s bitcoin holdings to 331,200 BTC, worth approximately $16.5 billion. On average, each BTC costs $49,874.

    Year-to-date, MicroStrategy has recorded a 41.8% BTC yield and a 20.4% yield from the start of Q4 to date alone (QTD) following the current market price.

    MicroStrategy’s Bitcoin Adventure

    Since 2020, MicroStrategy has been passionate about Bitcoin. In 2024 alone, the company has been on several bitcoin purchase sprees. For instance, on March 11, 2024, the Bitcoin-loving company added 12,000 bitcoins to its portfolio at an average price of $68,477, valued at $821.7 million.

    Just eight days later, on March 19, 2024, MicroStrategy acquired another 9,245 bitcoins, valued at $245 million. Only a few weeks later, the company again added 112 BTC to its stash.

    At the helm of MicroStrategy’s BTC buying culture is its executive chairman and co-founder, Michael Saylor, who remains committed to making the company the largest corporate bitcoin holder. These acquisitions serve as a testament to this commitment.

    MicroStrategy Growing in World’s Rating Ranking

    The latest purchase brings MicroStrategy’s market capitalization to $74.8 billion, moving it from the #390 market ranking to #204 on the U.S. list of companies.

    Recently, Michael Saylor openly expressed his vision to transform MicroStrategy into a trillion-dollar valued company and make it the world’s leading Bitcoin bank in an interview with analysts at Bernstein. He is bullish about Bitcoin because he sees digital gold as an unbeatable hedge against inflation.

    The company’s co-founder also sees potential in the pioneer cryptocurrency as a unique asset that will attract investors who desire to generate yields.

  • MicroStrategy Buys 27200 BTC Worth $2.03B in Latest Acquisition

    MicroStrategy Buys 27200 BTC Worth $2.03B in Latest Acquisition

    MicroStrategy, the largest corporate bitcoin (BTC)  holder, has announced updates regarding its bitcoin holdings and activities, capital market operations, and BTC Yield, a key performance indicator.

    The company noted that between October 31, 2024, and November 10, 2024, it acquired roughly 27,200 bitcoins at a total cost of about $2.03 billion in cash, with an average purchase price of approximately $74,463 per bitcoin, including fees and expenses.

    With the latest acquisition, the company now holds a total of 279,420 BTC, worth approximately $23 billion at current market prices.

    Selling Shares to Purchase More BTC

    The firm further stated that the funds for these bitcoin acquisitions were sourced from proceeds raised through the issuance and sale of shares under existing Sales Agreements.

    MicroStrategy disclosed that it entered sales agreements with multiple firms on August 1 and October 30. By November 10, the company had sold around 7.8 million shares, raising approximately $2 billion.

    MicroStrategy also revealed that as of November 10, 2024, the company and its subsidiaries collectively held around 279,420 bitcoins, acquired at a total cost of roughly $11.9 billion, with an average purchase price of approximately $42,692 per BTC, including all fees and expenses.

    The firm noted that its BTC yield was 7.3% from October 1, 2024, to November 10, 2024, and 26.4% from January 1, 2024, to November 10, 2024.

    BTC Yield is a key performance indicator (KPI) that represents the percentage change period-to-period of the ratio between the Company’s bitcoin holdings and its Assumed Diluted Shares Outstanding.

    Assumed Diluted Shares Outstanding represents the total of the company’s actual common stock shares at the end of each period, combined with any additional shares that would arise from the assumed conversion of all outstanding convertible notes.

    According to MicroStrategy, it uses BTC Yield as a key performance indicator to evaluate the effectiveness of its bitcoin acquisition strategy, which it believes adds value for shareholders.

    The KPI aims to enhance investors’ understanding of the Company’s approach to financing bitcoin purchases by issuing additional common stock or convertible instruments.

    MicroStrategy’s BTC Portfolio Surpasses $20B

    The recent announcement comes as MicroStrategy’s Bitcoin portfolio exceeds $20 billion, with over 100% investment return.

    The data tracker indicated that the firm’s holding exceeded $20.5 billion before adding its latest BTC acquisition.

    Data from BitcoinTreasuries revealed that MicroStrategy has made roughly 42 purchases, with an average acquisition cost of $39,292 per BTC.

  • MicroStrategy’s Bitcoin Portfolio Exceeds $20B with Over 100% ROI

    MicroStrategy’s Bitcoin Portfolio Exceeds $20B with Over 100% ROI

    Business intelligence firm MicroStrategy has seen its Bitcoin (BTC) portfolio exceed $20 billion. With BTC’s recent price rally, MicroStrategy’s 252,200 BTC is currently worth $20.5 billion, marking a gain of over 104% on the company’s Bitcoin investment strategy.

    The world’s largest cryptocurrency by market capital has made headlines in the past week, hitting a new all-time high (ATH) of over $82,000. However, the asset has slightly dropped to over $81,900. The pump has also benefited other major BTC holders.

    According to data from BitcoinTreasuries, MicroStrategy has made roughly 42 purchases, with an average acquisition cost of $39,292 per BTC.

    MicroStrategy as Largest Corporate BTC Holder

    MicroStrategy started buying and holding bitcoin in August 2020 as revenue from its software business eased. Today, it is now the largest corporate BTC holder, followed by Bitcoin miners Marathon Digital and Riot Platforms, which hold $2.1 billion and $840 million worth of bitcoin, respectively.

    Since it commenced its acquisition spree, the business intelligence firm has purchased bitcoin worth millions of dollars, enlarging its company’s portfolio.

    On September 20, 2024,  MicroStrategy acquired BTC worth $458.2 million after it raised $1.01 billion from convertible note sales. The company also bought an additional 18,300 BTC valued at $1.11 billion.

    Big Firms Buying BTC

    Like MicroStrategy, other big firms have begun accumulating the leading crypto asset globally. The Japanese investment firm Metaplanet, famously known as “Asia’s MicroStrategy,” has expanded its Bitcoin holdings. The company acquired 38.4 BTC, valued at around $2.1 million, cementing its position as a major player in the crypto market.

    The company also purchased BTC worth $3.4 million and made an additional acquisition of BTC worth $1.2 million, which shows its commitment to building its Bitcoin reserves.

    Popular United States bitcoin mining firm Marathon Digital is not left out. Between August 12 and August 14, the company purchased 4144 BTC worth approximately $249 million at an average price of $59,500 per coin.

    With its purchases, the miner owns approximately 25,000 BTC, valued at about $1.5 billion, almost 0.12% of the total Bitcoin supply.