Microstrategy Is Doubling Down on Giant Bitcoin Bet 2021/07/01 14:01:35 Techtelegraph
Text size Microstrategy owns 92,079 Bitcoins. Dreamstime.com Bitcoins recent weakness may have scared some companies away from acquiring more, but one company seems more bullish than ever. The business-software firm Microstrategy (ticker: MSTR) said on Monday that it will sell $400 million worth of bonds to institutional investors and use the proceeds to buy more  The post Microstrategy Is Doubling Down on Giant Bitcoin Bet appeared first on TECHTELEGRAPH .
MicroStrategy CEO: Bitcoin Will Bring Financial Security 2021/07/01 14:00:32 Investing.com
MicroStrategy''s Stock Is Tied To Bitcoin''s Success Or Failure Tech Companies 2021/07/01 02:19:54 Green Ground
MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention. (Photo by Joe Raedle/Getty [+] Images) Getty Images MicroStrategy embarked on a strategy to invest some of its cash and future cash flow in alternative assets such as stocks, bonds, commodities and digital assets such as bitcoin in July last year. At the time 
Is the Options Market Predicting a Spike in MicroStrategy (MSTR) Stock? 2021/06/30 12:40:00 Investing.com
TP ICAP launches a crypto trading platform 2021/06/29 21:12:52 Cryptopolitan
TL;DR Breakdown The UK-regulated crypto trading platform promises to boost the Bitcoin price. Microstrategy, like other institutional organizations, invests in Bitcoins on their decline. TP ICAP, one of the best brokers globally, announces this Tuesdays launch of their crypto trading platform. This is achieved in partnership with Fidelity Investments and Standard Chartered. With this 
MicroStrategy buys the dip, add 271 BTC to stash 2021/05/14 22:00:39 Investing.com
MicroStrategy Now Owns 91,850 Bitcoin After Revealing New Purchase 2021/05/13 14:25:55 Benzinga
One of the biggest Bitcoin (CRYPTO: $BTC) bulls announced a new purchase of the cryptocurrency , adding to a massive stake for his publicly-traded company. What Happened: MicroStrategy Incorporated (NASDAQ: MSTR ) announced it acquired 271 Bitcoin for $15 million at an average price point of $55,387. The purchase was revealed in a filing and confirmed by CEO Michael Saylor on Twitter . MicroStrategy now owns … Full story available on Benzinga.com
US stocks rally as jobless claims hit another pandemic-era low 2021/05/13 13:34:10 Business Insider
Summary List Placement US stocks edged higher Thursday, snapping a three-day losing streak, as new jobless claims hit another pandemic-era low. Jobless claims totaled an unadjusted 473,000 last week, the Labor Department said Thursday, lower than the median estimate of 490,000 from economists surveyed by Bloomberg. The reading marks the fourth decline in five weeks and is the lowest since the pandemic froze economic activity in March 2020. The previous week's reading was revised to 507,000 from 498,000. "Taking a step back from inflation, the fact that jobless claims hit another pandemic-era low suggests we're inching even closer to full reopening, which is no doubt a good thing," Mike Loewengart, managing director of investment strategy at E-Trade Financial, said in a statement. US stocks tumbled Wednesday with the Dow dropping nearly 700 points as investors feared overheating inflation will stifle the nation's economic recovery. Key inflation data came in significantly higher than expected Wednesday morning.
Elon Musk's change of course on bitcoin is a threat to Tesla stock, Wedbush says 2021/05/13 13:00:02 Business Insider
Summary List Placement Elon Musk's reversal on allowing Tesla accept bitcoin as payment sent shockwaves across the digital asset ecosystem, and is "very surprising and confusing", not only to cryptocurrency enthusiasts but to Tesla shareholders, Wedbush's Dan Ives said in a note Thursday. "For Tesla and the stock, not accepting bitcoin does not change the thesis or growth trajectory for the EV story, however, it does add to the noise and volatility around the name at a time in which risk assets are under enormous selling pressure on the Street with Tesla leading the charge," Ives wrote. Musk's Twitter announcement saying Tesla has suspended vehicle purchases using bitcoin just came three months after the company invested billions in the cryptocurrency and accept it as payment for its electric cars. Following news of Musk's reversal, bitcoin plunged nearly 15%. Other digital assets such as ether and XRP , as well as crypto-linked stocks including Coinbase , MicroStrategy , and Square , all sank on the news.
Crypto bulls challenge Elon Musk's environmental concerns on bitcoin — but billionaire Mike Novogratz takes a softer stance 2021/05/13 08:15:25 Business Insider
Summary List Placement The crypto community was swift to reject Elon Musk's decision late on Wednesday to halt payment in bitcoin for Tesla vehicles due to =environmental concerns, suggesting that renewable energy is largely used to mine the popular cryptocurrency. "We are concerned about the rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel," Musk said in a tweet Wednesday. Here's how some bitcoin bulls reacted to Musk's announcement: "Ironic because no incremental energy is used in a #bitcoin transaction. The energy is used to secure the crypto-asset network, and the net impact on fossil fuel consumption over time will be negative, all things considered." — MicroStrategy CEO, Michael Saylor . "Elon probably did not research how much energy is required to run other (non crypto) currencies that Tesla accepts." Binance CEO Changpeng Zhao . "Elon … you realize that 75% of miners use renewable energy, right?
MicroStrategy stock finally takes a breather following massive BTC-inspired rally 2021/01/11 18:43:50 Cointelegraph
MicroStrategy shares declined in lockstep with Bitcoin on Monday. The stock is still up 300% from last summer.
Marathon Patent Among Crypto-Adjacent Stocks Tumbling With Bitcoin 2021/01/11 16:29:20 The Street
Bitcoin's big two-day decline is also affecting stocks such as Marathon Patent and MicroStrategy.
‘Full-Blown Mania’: Stock Market Jackpot Bells Just Keep Ringing 2021/01/10 19:06:45 Yahoo Finance
(Bloomberg) -- Like a slot machine paying off on every pull, the stock market’s most reliable bets lately have often been its riskiest.Go long a company that sounds like something Elon Musk mentioned in a tweet (but wasn’t)? Signal Advance Inc. just soared 12-fold. Lend money to a software maker to buy Bitcoin? A Microstrategy Inc. convertible bond is up 50% in four weeks (its option is in the money). Back up the truck on bullish options after the Nasdaq 100 doubled in 24 months? Wednesday was the fourth-busiest day ever for call trading in the U.S. (the other three were last year).Throw a dart, hit a winner, so it has lately seemed. Emboldened by Federal Reserve stimulus, vaccines and the psychological conditioning that arises when no bad patch lasts, everyone from retail newbies to institutional managers is rushing to cash in on the 10-month-old meltup. Of course, it’s possible that all of this could continue for weeks, if not months, without so much of even a little reversal. Predicting exactly when such fevers will break is a near impossible task.
Morgan Stanley Now Owns Over $300 Million in BTC - BeInCrypto 2021/01/10 12:16:41 BeInCrypto
Morgan Stanley purchased a 10.9% stake in MicroStrategy to gain control over its bitcoin reserves. The stake equals 300 million in BTC.
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy | Markets and Prices Bitcoin News 2021/01/09 21:30:45 Bitcoin.com News
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy.