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Recently, Michael Saylor, Chairman of MicroStrategy and a notable advocate for Bitcoin, conducted a poll to gauge community expectations on Bitcoin’s potential growth over the next decade.
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Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.
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Dell’s message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.
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MicroStrategy purchased nearly 12,000 BTC for $786 million, according to a June 20 filing with the US Securities and Exchange Commission (SEC).
Following the news, the company shares rose by 3% at pre-market trading to $1,507, according to Google Finance data.
MicroStrategy has completed a $800 million convertible note offering, which it will use to acquire more Bitcoin and for “general corporate purposes.
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MicroStrategy, a leading American business intelligence and analytics company, has unveiled plans to buy Bitcoin once again. The AI-powered firm upsized its initial $500 million offerings on convertible notes to $700 million, intending to use the proceeds to acquire an equivalent amount of Bitcoin.
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MicroStrategy, the business intelligence firm with an insatiable appetite for bitcoin, sent ripples through the market this week after announcing a $500 million convertible debt offering.
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MicroStrategy is set to offer $500 million in convertible senior notes due in 2032 to finance more Bitcoin acquisitions.
This private offering targets qualified institutional buyers and seeks to bolster the company’s resources amid volatile market environments.
Metaplanet has become one of the top 30 corporate holders of Bitcoin in the world after its recent acquisition.
On June 11, Metaplanet announced the purchase of 23.25 Bitcoin for ¥250 million ($1.59 million), averaging ¥10,706,180 ($69,627) per Bitcoin.
Big shorters have placed significant bets on Michael Saylor’s business intelligence and software firm, MicroStrategy, selling stocks worth approximately $6.9 billion. Despite the substantial short positions, MicroStrategy stocks (MSTR), have continued to rise, outperforming investor expectations.
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The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.
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