
MicroStrategy Poised for Nasdaq 100 Entry: Momentum Builds for Bitcoin Pioneer
MicroStrategy has, so far, employed a rather aggressive approach in its Bitcoin accumulation.
MicroStrategy has, so far, employed a rather aggressive approach in its Bitcoin accumulation.
Metaplanet might be taking a cue from the playbook of MicroStrategy, the current leader in corporate Bitcoin ownership.
Business intelligence firm MicroStrategy (MSTR) may be living up to its reputation as the largest corporate holder of Bitcoin (BTC).
MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency.
For MicroStrategy, Bitcoin is still the top digital currency, despite the downturn in market trends and volatility. And according to Binance CEO, there is common sense in such a position and Bitcoin-related decisions made by Michael Saylor.
MicroStrategy is planning to further expand its Bitcoin holdings, raising additional capital to continue with its Bitcoin strategy. This is because Michael Saylor strongly supports Bitcoin and believes in the currency’s potential.
MicroStrategy’s BTC acquisition spree is in line with its new corporate policy devised in late 2020. MSTR stock is down.
Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours.
According to MicroStrategy, they expect the net proceeds from the sale to total $537.2 million. If the initial purchasers fully exercise their option to buy additional notes, this amount may be even higher, $634.9 million.