MicroStrategy says it may buy more Bitcoin in stock sale filingThe Class A shares will be sold through Cowen & Co. and BTIG LLC, according to a filing Friday by the enterprise software company. No speci...
11 Sep, 2022, 09.35 AM IST
MicroStrategy’s Bitcoin holdings take a record $3.4 billion hitMicroStrategy will likely need to take a substantial impairment charge when it reports second-quarter results. And for shareholders, the st...
03 Jul, 2022, 09.28 AM IST
Crypto stock short sellers up about 126% this year, reports S3 PartnersShort sellers, who bet on a stock's decline, have an average short interest of $3 billion on the sector, according to S3.
16 Jun, 2022, 01.55 PM IST
MicroStrategy scotches 'margin call' fears, says can withstand volatilityMicroStrategy, an aggressive investor in the highly volatile cryptocurrency bitcoin, borrowed $205 million from crypto bank Silvergate Capi...
15 Jun, 2022, 11.15 AM IST
Bitcoin hovers near MicroStrategy 'margin call' priceMictroStrategy, an aggressive investor in bitcoin, said it borrowed $205 million from crypto bank Silvergate Capital in March, with the thr...
14 Jun, 2022, 08.59 PM IST
Bitcoin nears MicroStrategy 'margin call' priceIf the bitcoin price dropped below about $21,000 that would trigger a "margin call" or a demand for extra capital, MicroStrategy President ...
14 Jun, 2022, 01.31 PM IST
Bitcoin, Ether see brief spike after Elon Musk says he isn’t sellingMusk, the world’s richest person and the chief executive officer of Tesla Inc., is no stranger to social-media posts on cryptocurrencies.
14 Mar, 2022, 02.05 PM IST
Cryptocurrency prices tumble and exchange trading falters as snags crop upShares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador,...
08 Sep, 2021, 09.39 AM IST
MicroStrategy is selling corporate bonds to buy BitcoinThe firm is marketing the offering through Tuesday, and pricing is expected thereafter, according to a person with knowledge of the matter....
08 Jun, 2021, 07.03 AM IST
Bitcoin hits $60,000 in record highBitcoin is up more than 2 per cent from its previous year high of $58,354.14 on Feb. 21.
13 Mar, 2021, 06.03 PM IST
Bitcoin breaks through $55,000 mark as risk appetite revivesRecent trends signal digital tokens are stepping closer to mainstream finance.
10 Mar, 2021, 05.20 PM IST
Bitcoin gains 5% to $50,943Bitcoin's price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed ...
04 Mar, 2021, 08.24 AM IST
MicroStrategy prices upsized $900 mn debt sale to buy more BitcoinThe company, whose Chief Executive Officer Michael Saylor is one of the most vocal proponents of bitcoin, said proceeds of the offering wil...
17 Feb, 2021, 10.04 PM IST
Bitcoin scales $51,000 for the first time amid crypto feverThe largest cryptocurrency rose as much as 4.8% to about $50,927, according to a composite of prices compiled by Bloomberg. The token is up...
17 Feb, 2021, 05.03 PM IST
Bitcoin’s Tesla-driven rally fizzles after prices hit $48,000Bitcoin’s ascent to its latest summit came with big swings that continue to stoke controversy about its outlook.
09 Feb, 2021, 09.55 PM IST
Tesla boots the bitcoin bandwagon closer to corporate AmericaWhile crypto acolytes have been saying for some time that corporate adoption is imminent, in reality it had been limited to firms such as M...
09 Feb, 2021, 02.53 PM IST
MicroStrategy buys more Bitcoin at average price above $19,400Bitcoin on Monday surpassed its December 2017 record high of $19,511. It neared $20,000 but wasn’t able to crack that key level.
06 Dec, 2020, 04.51 PM IST