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[Warfare]

MicroStrategy has bought another 3000 Bitcoin for ~$155 million at an average price of $51,813 per Bitcoin.
Their total holding amount now stands at 193,000 Bitcoin (acquired for ~$6.09 billion at an average price of $31,544 per Bitcoin).
So even when Bitcoin is reaching new yearly highs, MicroStrategy is still buying Bitcoin.

 

[Warfare]

So they might be on their way to become the Number 1 BTC gatherer in the world !

Yeah, they already are the biggest buyer given their non-stop purchases, no matter if it's bull market or bear market.
Latest purchase: MicroStrategy buys another 2,530 BTC for ~$243 million at ~$95,972 per Bitcoin.

 

[Ptrikha90]

Yeah, they already are the biggest buyer given their non-stop purchases, no matter if it's bull market or bear market.
Latest purchase: MicroStrategy buys another 2,530 BTC for ~$243 million at ~$95,972 per Bitcoin.

By the end of this year I suppose that the gap between their holdings and #2 becomes wider.

 

[Warfare]

MicroStrategy buys another 11,000 BTC for ~$1.1 billion at ~$101,191 per Bitcoin.

 

[Ptrikha90]

MicroStrategy buys another 11,000 BTC for ~$1.1 billion at ~$101,191 per Bitcoin.

Looks like they want to be proclaimed as the "Bitcoin King" !!

 

[Warfare]

MicroStrategy buys another 10,107 BTC for ~$1.1 billion at ~$105,596 per Bitcoin.
MicroStrategy has also filed for a mixed securities shelf with the potential proceeds aimed at acquiring additional Bitcoin and general corporate purposes.

 

[Qwertu3000]

This shows how takin movements and positions at the right moment of time can always be beneficial we should always aim for making sure taking the right call it can always be beneficial for us in the long term indeed

 

[Warfare]

Strategy (formerly MicroStrategy) buys another 7,633 BTC for ~$742.4 million at ~$97,255 per Bitcoin.

 

[Ptrikha90]

Strategy (formerly MicroStrategy) buys another 7,633 BTC for ~$742.4 million at ~$97,255 per Bitcoin.

Well, the pause is over !
And they indulge in a bit of Dip buying.

They are increasing the gap with the Number 2 in total BTC acquisition.

 

[Warfare]

Strategy (MSTR) announces $2B Convertible Senior Notes offering.
Therefore, we can expect another Bitcoin purchase from them soon.

 

[Ptrikha90]

Strategy (MSTR) announces $2B Convertible Senior Notes offering.
Therefore, we can expect another Bitcoin purchase from them soon.

The term "Senior" sounds interesting!
Is this offering related to Government treasury Bills or Corporate Bonds?

 

[Warfare]

The term "Senior" sounds interesting!
Is this offering related to Government treasury Bills or Corporate Bonds?

They are similar, the senior notes have two benefits over normal bonds: a call option and priority for recourse if the issuer goes bankrupt.
"The notes will mature on March 1, 2030, unless earlier repurchased, redeemed or converted".

 

[Ptrikha90]

They are similar, the senior notes have two benefits over normal bonds: a call option and priority for recourse if the issuer goes bankrupt.
"The notes will mature on March 1, 2030, unless earlier repurchased, redeemed or converted".

These ones seem to be in the domain of Institutional Investors or those retail ones who have a very close understanding of how these instruments work.

 

[Warfare]

Just as expected, Strategy buys another 20,356 BTC for ~$1.99B at ~$97,514 per Bitcoin.

 

[Warfare]

Big move from Strategy as they file to offer up to $21 Billion in preferred stock to raise funds for general purposes, including potential acquisitions of Bitcoin.
The current market dip could be a great entry point for them.

 

[Warfare]

Strategy buys another 130 BTC for ~$10.7M at ~$82,981 per Bitcoin.
It's a smaller purchase than their regular ones, meanwhile they are still raising funds.

 

[Warfare]

I would like to know what microstrategy is and how is it used?

Strategy (formely MicroStrategy) is a software company providing business intelligence.
They gained notoriety for their frequent purchases of Bitcoin, currently holding 499,226 BTC worth over $41 billion, the largest corporate holder of Bitcoin.