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Corporate Treasury

All articles tagged with #corporate treasury

business5 months ago

Michael Saylor's Strategy Boosts Bitcoin Holdings with $4.2B Plan

Michael Saylor, chairman of MicroStrategy, defends the firm's substantial Bitcoin holdings, which control about 3% of the total supply, and potentially up to 7%, asserting it is not excessive and comparing it to BlackRock's holdings. The company reported its first profitable quarter with a $10 billion net income in Q2 and a $13.2 billion gain from BTC holdings year-to-date. MicroStrategy funds its Bitcoin acquisitions through stock issuance and debt, and plans to use yield-bearing preferred stocks to raise capital for further Bitcoin purchases, viewing its stock as undervalued and a way to generate Bitcoin-denominated returns.

via AMBCrypto|
#bitcoin#btc-holdings#business
finance6 months ago

Bitcoin Treasury Companies Face Growing Risks Amid Market Saturation

The article discusses the recent rise of corporate Bitcoin treasury strategies, highlighting how companies are adopting Bitcoin as a treasury asset for reasons like mandated capital allocation and leveraging advantages. It explores whether this trend benefits or harms Bitcoin's mission, emphasizing that large institutional involvement is inevitable and can enhance Bitcoin's network effect, despite concerns about centralization and control. The piece also explains Bitcoin's role as a store of value and its potential to become a medium of exchange once its size and stability increase, while acknowledging the risks and opportunities in the evolving corporate and institutional landscape.

via Lyn Alden - Investment Strategy|
#bitcoin#corporate-treasury#finance
cryptocurrency1 year ago

MicroStrategy's Bold Bitcoin Moves Propel Stock to New Heights

MicroStrategy, led by Executive Chairman Michael Saylor, has significantly increased its Bitcoin holdings with a recent purchase of 51,780 BTC, valued at $4.6 billion. This acquisition brings the company's total Bitcoin holdings to 331,200 BTC, worth over $30 billion. MicroStrategy has been strategically investing in Bitcoin since 2020 to maximize shareholder value, becoming the largest corporate holder of the cryptocurrency. The company's Bitcoin purchases have often influenced market prices, with the latest buy coinciding with Bitcoin reaching new all-time highs.

via Decrypt|
#bitcoin#corporate-treasury#cryptocurrency
business2 years ago

MicroStrategy's Bitcoin Holdings Boost Q1 Earnings and Potential for Riches.

MicroStrategy, a business analytics software company, holds approximately 140,000 Bitcoin as a balance sheet treasury asset, making it the largest corporate holder of Bitcoin. Berenberg initiated coverage of the stock with a "Buy" rating and a $430 price target, suggesting that MicroStrategy shares offer an attractive way for investors to gain exposure to Bitcoin and navigate the digital asset space amidst an ongoing regulatory crackdown. If investors increasingly turn to Bitcoin as an alternative currency amidst macro-related fears, then MicroStrategy shares stand poised to benefit.

via Benzinga|
#bitcoin#business#corporate-treasury