MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The company's shares rose nearly 2% in the early Friday session following yesterday's tumble.
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Jun 14, 2024 at 2:38 p.m. UTC
Jun 14, 2024
MicroStrategy
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Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker assigned the software company an outperform rating and a $2,890 price target.
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Jun 14, 2024 at 8:42 a.m. UTC
Jun 14, 2024
MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash
The Nasdaq-listed firm currently holds 214,400 BTC.
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Jun 13, 2024 at 11:04 a.m. UTC
Jun 13, 2024
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Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
The investment firm now owns 141 BTC, worth about $9.4 million.
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Jun 11, 2024 at 2:31 p.m. UTC
Jun 11, 2024
MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case
The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district.
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Jun 3, 2024 at 12:04 p.m. UTC
Jun 3, 2024
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
MicroStrategy shares are up 89% year-to-date but TD Cowen analyst Lance Vitanza believes the software firm could end the year “meaningfully higher.”
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May 6, 2024 at 8:03 p.m. UTC
May 6, 2024
MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals
MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity o...
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May 2, 2024 at 3:21 p.m. UTC
May 2, 2024
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Hong Kong Bitcoin and Ether ETFs Have Soft Debut; What Indonesia’s Election Means for Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Hong Kong’s bitcoin and ether ETFs failed to lift off on their...
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Apr 30, 2024 at 4:58 p.m. UTC
Apr 30, 2024
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MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
The broker cut its price target on the firm to $1,590 from $1,810, while maintaining its buy rating.
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Apr 30, 2024 at 8:09 a.m. UTC
Apr 30, 2024
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MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices.
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Apr 29, 2024 at 8:33 p.m. UTC
Apr 29, 2024