MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
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MicroStrategy is slowly catching up to Wall Street’s Big TechMichael Saylor has a plan to boost MicroStrategy’s authorized Class A shares to 10.3 billion, far above its current 330 million. It puts it in the same league as Wall Street tech giants like Amazon and Alphabet.
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
We recently published a list of 11 Stocks That Will Go to the Moon According to Reddit. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against other stocks that will go to the moon according to Reddit.
MicroStrategy has proposed amendments to increase authorized common shares to 10.33 billion and preferred stock to over 1 billion.
Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin. Click for this MSTR update.
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 BTC taking total holdings to 450,000 BTC.
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If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.
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Michael Saylor’s MicroStrategy buys another 2,530 Bitcoin worth $243 millionMicroStrategy adds 2,530 BTC worth $243M, continuing its aggressive Bitcoin acquisition strategy with over 450,000 BTC in reserves.
MicroStrategy shares have surged due to its unique strategy of leveraging Bitcoin and issuing debt and equity. Read my MSTR stock analysis.
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BlackRock doesn’t like being compared to MicroStrategy when it comes to BitcoinBlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game.
The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program. MicroStrategy announced it would be raising up to $2 billion via a preferred stock offering to acquire more bitcoin.
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