MSTR
Strategy Inc. (MSTR)
138.41
-3.07% (-4.39)
Updated 09:30 PMMSTR
Strategy Inc. (MSTR)
138.41
-3.07% (-4.39)
Updated 09:30 PMMSTR
138.41
-3.07% (-4.39)
Updated 09:30 PM
Overview
The company now holds a substantially larger cash buffer, giving it more capacity to absorb market volatility or fund further Bitcoin purchases. The simultaneous share sale and buyback signals the company is actively managing its capital structure rather than holding a passive position.
Updated 07:28 PM
Medium confidence08/24, 07:05 PM
MicroStrategy raised $1.59 billion in cash from selling 18.3 million shares, leaving its Bitcoin holdings unchanged at 840,447 BTC.
Affected assets
Bloomberg
08/24, 07:05 PM
Related updates
CoinDesk·08/21, 03:24 PM
Strategy holds $1.4 billion profit on its bitcoin holdings as the price surges, with its common stock rising 7% in Friday pre-market trading to $120, the highest in two months.
Bloomberg·08/10, 07:03 PM
MicroStrategy sold 1,690 Bitcoin for $108.6 million and raised $653.1 million from share sales to boost dollar reserves to $4.65 billion.
Bloomberg·08/03, 09:00 PM
Cantor Fitzgerald reduced its price target on MicroStrategy to $186 from $212 while maintaining an Overweight rating, citing a more conservative Bitcoin price assumption of $98K down from $111K.
Bloomberg·07/27, 08:16 PM
Microstrategy launched a share buyback program repurchasing 288,930 shares for $25 million at $86.52 per share, and reported USD reserves increased to $3.75 billion.
Bloomberg·07/27, 07:03 PM
Microstrategy raised $544.5 million by selling 5.4 million shares via ATM program and paused Bitcoin purchases, holding 843,775 BTC unchanged.