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Bitcoin, MicroStrategy
MicroStrategy Wants to Massively Dilute Shareholders to Fund Its Bitcoin Dreams
MicroStrategy (NASDAQ:MSTR) wants to kick its Bitcoin (CRYPTO:BTC) buying strategy into hyperdrive, but is doing so at the expense of existing shareholders. It just bought its latest tranche of the cryptocurrency,
MicroStrategy calls shareholders meeting to fund more Bitcoin purchases
According to a Dec. 23 proxy filing with the Securities and Exchange Commission, the company is seeking permission to increase the number of authorized shares for both Class A common stock and preferred stock, giving it more flexibility to issue additional shares as needed in the future.
Bitcoin Fails to Benefit From Microstrategy’s Latest Purchases
Bitcoin struggled to regain material upward momentum even after Microstrategy announced it had added to its bitcoin holdings.
Crypto Briefing
1h
Strive files for "Bitcoin Bond" ETF tied to MicroStrategy holdings
Strive's new ETF aims to capitalize on MicroStrategy's Bitcoin investments, offering exposure to companies holding Bitcoin.
Cryptopolitan on MSN
5h
GameStop, MicroStrategy, and Coinbase stocks among top performers today
The US stock market seems to be reviving after a period of intense sell-off, courtesy of the Federal Reserve. GameStop (GME) ...
3d
on MSN
MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet ...
6h
MicroStrategy and Coinbase Slide as Bitcoin Nears $95K – Traders Brace for Volatility
Bitcoin falls below $96K, dragging down MicroStrategy and Coinbase. Traders brace for volatility as ETF outflows and ...
SchaeffersResearch.com
10h
2 Crypto Stocks Slipping Alongside Bitcoin
Crypto
is falling despite
MicroStrategy
's plans to buy up more Bitcoin Bitcoin (BTC) is falling today, pressuring the ...
Cryptopolitan on MSN
1d
Tech stocks see historic gains in 2024 thanks to crypto and AI
Tech stocks are having their biggest year in decades, with 2024 turning into a profit carnival for companies tied to ...
10h
Crypto got everything it wanted in 2024
Crypto was once a fringe sideshow for the investing public, a concern for DC policymakers and a subject of ridicule for top ...
4d
on MSN
Scaramucci Defends MicroStrategy's Bitcoin Strategy, Predicts Long-Term Crypto Growth
Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., ...
6d
on MSN
Bitcoin Reaches New High As MicroStrategy Prepares To Join Nasdaq 100 (And More!)
Bitcoin hit a new all-time high, while MicroStrategy continues stacking BTC and prepares for it’s Nasdaq 100 stock listing.
cryptonews
13h
Bitcoin Price Holds Steady Near $98,000 as Russia Embraces BTC for Trade and MicroStrategy Expands Holdings
Bitcoin stabilizes near $98,000 amid Russia's adoption of BTC for trade and MicroStrategy's continued Bitcoin accumulation, ...
3d
on MSN
MicroStrategy shares slump on first day in the Nasdaq 100 index: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
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