MicroStrategy join Nasdaq 100 before year-end, odds for S&P 500 rise

MicroStrategy, as the leading company that acquired Bitcoin, is expected to join the Nasdaq 100 index, but analysts have given the company a notice. Bloomberg ETF analyst Eric Balchunas, in his X post on Dec. 11, stated that MicroStrategy (MSTR) would like… Source link

MicroStrategy hits $40b in Bitcoin, Saylor draws criticism

A prominent investment expert has raised concerns about MicroStrategy’s aggressive Bitcoin accumulation strategy, even as the company’s holdings reach $40.01 billion. The warning comes as the company’s portfolio shows unrealized gains of 70.35% ($16.52 billion) on its total investment. Gavin Baker, managing partner and chief investment officer of Atreides Management LP, highlighted potential risks in […]

MicroStrategy raises $1.75 billion to acquire more Bitcoin

MicroStrategy announced it would raise the private offering of convertible senior notes to $1.75 billion, as they acquire $4.6 billion Bitcoin to holdings on the same day. According to the company’s official statement on Nov. 18, MicroStrategy is raising funding to buy more Bitcoin in the future through private offerings that qualify as institutional buyers. […]