Category: microstrategy

Microstrategy Selling $400M Bonds To Buy Bitcoin — Holding To Exceed 100,000 BTC

Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional…

Crypto Proponents Become Skeptical Of Closed-Door Meeting Between Billionaires And Bitcoin Miners

After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like…

Elon Musk Convinces Miners To Form ‘Bitcoin Mining Council’ To Promote Renewable Energy Usage

Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives…

Billionaire David Rubenstein Says ‘Unrealistic’ To Think Government Will Stop Cryptocurrency From Being What Investors Want

The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to…

Microstrategy Buys $10M Worth Of Bitcoin, MSTR Shares Down Over 60% Since February

On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto. The company’s CEO Michael Saylor told his Twitter…