has revealed ambitious plans to purchase as much Bitcoin as market conditions will allow.
Speaking on"Bloomberg Markets," Saylor disclosed that MicroStrategy's current Bitcoin holdings are nearly 153,000, with nearly 500 of those purchased since June 30. The company's acquisition strategy, Saylor noted, is driven by the goal of accumulating Bitcoin on behalf of its shareholders. It's a strategy that includes not only the use of cash flows but also equity and debt issuances from time to time, provided it creates value for common stock shareholders.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin.Saylor’s Microstrategy could be buying a bunch more Bitcoin soon, as it announces plans for a $750 million stock sale. saylor never enough 😏
Source: Cointelegraph - 🏆 562. / 51 Read more »
MicroStrategy’s Saylor Expects to Retain Appeal Even If Bitcoin ETF Is ApprovedMicroStrategy Inc.’s Michael Saylor says investors will continue to view his software firm as a Bitcoin proxy even if regulators approve the first US exchange-traded fund to directly hold the cryptocurrency.
Source: crypto - 🏆 292. / 63 Read more »
MicroStrategy to stay on Bitcoin course even if spot ETFs approved: SaylorMicroStrategy co-founder Saylor said a spot Bitcoin ETF approval wouldn’t diminish the firm’s role in providing an avenue for investors to gain exposure to Bitcoin.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $30,000, Following Latest Microstrategy Filing – Bitcoin NewsBitcoin moved towards the $30,000 level on Aug. 2, as markets reacted to the latest filings by Michael Saylor’s Microstrategy.
Source: BTCTN - 🏆 531. / 51 Read more »
MicroStrategy Books Impairment Charge of $24.1M on Massive Bitcoin Holdings in Q2.MicroStrategy posted an impairment charge of $24.1 million on its massive bitcoin (BTC) holdings in the second quarter, compared to $917.8 million in the year-ago quarter and an $18.9 million charge in Q1. By NelWang
Source: CoinDesk - 🏆 291. / 63 Read more »
MicroStrategy back in the black, ending Q2 with 152,800 bitcoinMichael Saylor's MicroStrategy now holds nearly $4.5 billion in bitcoin after recent acquisition of 467 more coins.
Source: TheBlock__ - 🏆 464. / 53 Read more »