Tag

Michaelsaylor

All articles tagged with #michaelsaylor

finance1 year ago•3 min saved

MicroStrategy Stock Soars Amid Bitcoin Surge and Bond Offering

MicroStrategy's stock hit a record high as Bitcoin reached a new all-time high price, driven by increased investor interest following Donald Trump's election win and his crypto-friendly stance. The company, which holds the largest corporate Bitcoin treasury, expanded its convertible notes offering to $2.6 billion due to high demand, aiming to purchase more Bitcoin. MicroStrategy's stock has surged significantly since it began investing in Bitcoin in 2020, making it a top performer on the S&P 500.

via Decrypt|

#bitcoin #cryptocurrency #finance

cryptocurrency2 years ago•2 min saved

"Bitcoin's January Surge: ETF Hopes and $45K Breakthrough Amid Market Turbulence"

Bitcoin experienced a strong start in January, surpassing $45,000, but historical data suggests gains in this month are not common. A potential U.S. approval of a spot bitcoin ETF could further boost the cryptocurrency's value. MicroStrategy's Michael Saylor has begun selling a significant portion of his stock options, while CNBC's Jim Cramer has shifted to a positive view on bitcoin, highlighting its resilience and technological significance, despite previously bearish comments.

via CoinDesk|

##bitcoin #cryptocurrency

business-and-finance2 years ago•1 min saved

"Michael Saylor Converts $216M in MicroStrategy Stock into Bitcoin Investment"

Michael Saylor, co-founder of MicroStrategy, plans to sell $216 million in stock options to exercise and purchase more Bitcoin for his personal holdings. He will sell 5,000 shares daily from January 2nd to April 25th, subject to a minimum price condition. Saylor is known for his transformation into a Bitcoin advocate and has significant personal and company investments in the cryptocurrency. Despite his past statement against selling Bitcoin, he is exercising his options to fulfill financial obligations and increase his Bitcoin assets. MicroStrategy's aggressive Bitcoin acquisition strategy has placed the company in a strong position within the cryptocurrency market.

via Decrypt|

##bitcoin #business-and-finance

business-and-finance2 years ago•1 min saved

"Michael Saylor Liquidates $216M in MicroStrategy Shares to Increase Bitcoin Holdings"

Michael Saylor, executive chairman of MicroStrategy, has initiated the sale of $216 million worth of stock options, planning to sell 5,000 shares daily over the next four months. The sale is part of a strategy disclosed during the company's third quarter earnings call, with Saylor aiming to meet personal obligations and purchase more Bitcoin. Despite the sale, Saylor remains optimistic about MicroStrategy's future and will retain a significant equity stake in the company. MicroStrategy is currently the largest corporate holder of Bitcoin, and its shares rose 8.5% against a backdrop of a general slump in cryptocurrency-focused stocks.

via CoinDesk|

##bitcoin #business-and-finance