tzongocu on Nostr: š° News Alert: š Title: MicroStrategy Is Raising $584 Million to Stack Even More ...
š° News Alert:
š Title: MicroStrategy Is Raising $584 Million to Stack Even More Bitcoin
šļø Published: Fri, 31 Jan 2025 20:37:38 +0000
š Summary: 1. MicroStrategy plans to issue new stock (STRK) to raise funds to increase its $48 billion Bitcoin holdings, potentially impacting the company's stock price and the cryptocurrency market.
2. The company currently holds $48 billion worth of Bitcoin in its treasury stash.
3. The issuance of new stock could have future implications on MicroStrategy's financial position and its ability to further invest in Bitcoin.
š https://decrypt.co/303896/microstrategy-raising-584-million-stack-bitcoin
šļø Source: Decrypt
#bitcoin #crypto #news
š Title: MicroStrategy Is Raising $584 Million to Stack Even More Bitcoin
šļø Published: Fri, 31 Jan 2025 20:37:38 +0000
š Summary: 1. MicroStrategy plans to issue new stock (STRK) to raise funds to increase its $48 billion Bitcoin holdings, potentially impacting the company's stock price and the cryptocurrency market.
2. The company currently holds $48 billion worth of Bitcoin in its treasury stash.
3. The issuance of new stock could have future implications on MicroStrategy's financial position and its ability to further invest in Bitcoin.
š https://decrypt.co/303896/microstrategy-raising-584-million-stack-bitcoin
šļø Source: Decrypt
#bitcoin #crypto #news