Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy – Cointelegraph
Bitcoin bull Michael Saylor’s MicroStrategy has added former Binance US CEO Brian Brooks and two other executives to its board of directors. This appointment follows Nasdaq's recent announcement of MicroStrategy's inclusion in the Nasdaq 100. Brian Brooks, Jane Dietze, also a member of Galaxy Digital's board of directors, and Greg Winiarski, chief legal officer of […]
MicroStrategy Boosts Bitcoin Stash Above $46 Billion With Latest Buy – Decrypt
Bitcoin treasury firm MicroStrategy announced additional BTC purchases on Monday, bringing its total holdings in the major cryptocurrency to more than $46 billion. According to an announcement Monday, the company Bought From December 9th to December 15th, it held 15,350 Bitcoins, and currently holds a total of 439,000 Bitcoins, worth $46.6 billion at current prices. […]
Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry – Yahoo Finance
Written by Medha Singh (Reuters) – Shares of MicroStrategy (MSTR) rose 6% in pre-market trading on Monday. That's because the software company and Bitcoin buyer is set to join the tech-heavy Nasdaq 100 index, potentially further boosting its stock price. The $25.7 trillion index of the largest non-financial companies includes MicroStrategy, which holds $44 billion […]
Palantir, MicroStrategy, and Axon Enterprise To Join Nasdaq 100 – Investopedia
Important points Palantir, MicroStrategy, and Axon Enterprise are scheduled to join the Nasdaq 100 Index on Monday, December 23rd. Nasdaq announced Friday that it will replace Super Microcomputer, Moderna and Illumina as part of the index's annual reconstitution. It's been a big week for the Nasdaq 100, which topped 20,000 for the first time in […]
Bitcoin Bull MicroStrategy Joins Nasdaq 100 – Decrypt
MicroStrategy officially joined the Nasdaq 100 on Friday, cementing its place among an elite group of companies. Nasdaq announced Listing in a press release detailing annual changes in the Nasdaq 100 Index. MicroStrategy's MSTR stock rose 0.57% in after-hours trading on news of the listing, and is currently trading at $411.00 (versus its opening price […]
How to invest in MicroStrategy through Defiance's leveraged ETF – Yahoo Finance
Despite dropping 7.5% on Monday, MicroStrategy (MSTR) stock is still up more than 480% year-to-date as the software company continues to buy more Bitcoin (BTC-USD). Defiance ETF CEO and CIO Sylvia Jablonski joins the Market Domination team to discuss Daily Target 2X Long MSTR ETF (MSTX), the firm's newest single-stock fund covering microstrategies. I'll tell […]
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds – CNBC
Photo | Future Publishing | Getty Images ETFs that give retail investors greater exposure to individual stocks are booming. This could be an ominous sign for the market and for the funds themselves where the glitch appears. Leveraged single-stock ETFs hit a record $17 billion in trading volume on Nov. 21, according to Todd Thorne, […]
Forget Bitcoin, MicroStrategy is up 500% this year, and Michael Saylor explains how the stock has outperformed its underlying assets – Fortune
As crypto bulls continue to wait for Bitcoin to reach the $100,000 milestone, they may want to consider companies that own around 400,000 tokens. MicroStrategy has been on a Bitcoin ride, for better or for worse, since co-founder and executive chairman Michael Saylor poured the software company's fortune into the cryptocurrency in 2020. Recently, his […]
Booming, Risky MicroStrategy ETFs Testing Wall Street’s Limits – Yahoo Finance
(Bloomberg) — As MicroStrategy Inc.’s stock soared last month, Matt Tuttle received bad news from his prime broker about the rapid growth of leveraged ETFs tracking the crypto-focused company’s stock. Most Read Articles on Bloomberg Prime brokers, the division within banks that work with customers on activities such as securities lending, have reached a limit […]
MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Expand Bitcoin Holdings – Decrypt
There is a saying that the early riser gets the worm. In MicroStrategy's case, it has been steadily accumulating Bitcoin for just over four years and is hoping to earn more. MicroStrategy made the announcement Monday night. Plans to raise $1.75 billion to purchase more of the world's largest virtual currency through convertible banknotes, and […]