Browsing: MicroStrategy
MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin
A similar fund, the Defiance Daily Target 1.75X Long MicroStrategy ETF (MSTX), promises traders returns of 175% of the daily…
Also active in the bitcoin treasury arena is Metaplanet, led by CEO Simon Gerovich. Similar to Cathedra, Metaplanet is also…
MicroStrategy (MSTR) Boosts Bitcoin (BTC) Holdings with $460M Purchase, Upsized Convertible Note Offering to $1B
The company, led by Executive Chairman Michael Saylor, has been a pioneer for bitcoin adoption as a corporate treasury asset,…
Michael Saylor’s MicroStrategy (MSTR) Plans Another $700M Convertible Note Issuance to Redeem Debt, Boost Bitcoin (BTC) Stash
The company, led by Executive Chairman Michael Saylor, started purchasing bitcoin in 2020, adopting it as a reserve asset for…
The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently…
Another Bitcoin Miner Adopts MicroStrategy (MSTR) Playbook of Buying BTC in Open Market
“Indeed, nine of the 10 largest (by market capitalization) publicly listed bitcoin mining companies hold less bitcoin per share today…
The U.S. SEC apologizes for its “crypto assets securities” tag in the Binance case; Bitcoin ETFs recover lost capital; Harris…
The new purchases was made at an average price of $60,408 per token, Executive Chairman Michael Saylor said in an…
MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement.
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF.