MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
MicroStrategy
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.
MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash
MicroStrategy Executive Chairman Michael Saylor (CoinDesk)
Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).
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.
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor’s MicroStrategy (MSTR) stock could surge, too, on its way toward getting “meaningfully higher” by the end of the year, TD Cowen analyst Lance Vitanza said in a note Monday.
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 of the sender.
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
Michael Saylor, executive chairman of MicroStrategy (Michael.com)
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
MicroStrategy Executive Director Michael Saylor (CoinDesk)
MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.