Why MicroStrategy’s stock dropped 8% after its latest Bitcoin buy

Dec 31, 2024  · At current Bitcoin prices, this translates to a value of approximately $41.1 billion. To finance this latest acquisition, MicroStrategy sold 592,987 shares for about $209 million. …


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Why MicroStrategy’s Stock Dropped 8% After Its Latest Bitcoin Buy

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Dec 31, 2024  · At current Bitcoin prices, this translates to a value of approximately $41.1 billion. To finance this latest acquisition, MicroStrategy sold 592,987 shares for about $209 million. …

dataconomy.com

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MicroStrategy Shares Slip 8% After Its End-of-year Bitcoin Buy

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Dec 31, 2024  · Shares in Michael Saylor’s MicroStrategy (MSTR) fell over 8% after its $209 million Bitcoin buy on Dec. 30, with some observers starting to share concerns about its …

cointelegraph.com

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MicroStrategy Buys Bitcoin Again, Stock Falls - Investopedia

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Dec 30, 2024  · This latest round of buying has pushed MicroStrategy's total bitcoin holdings to 446,400. ... Monday that it had spent around $209 million in cash to buy 2,138 bitcoin between …

investopedia.com

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MicroStrategy Shares Plunge 8% After Its End-of-year Bitcoin Buy

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Shares in Michael Saylor’s MicroStrategy (MSTR) fell over 8% after its latest $209 million Bitcoin buy, with some observers starting to share concerns about its “leveraged” play. MSTR made ...

msn.com

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MicroStrategy Shares Drop 8% After Year-end Bitcoin Buy

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Dec 31, 2024  · MicroStrategy has been purchasing Bitcoin for eight consecutive weeks since October 31. During this period, the firm added 194,180 BTC to its Bitcoin reserve, which …

cryptopolitan.com

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MicroStrategy Stock Declines Despite Bitcoin Purchase As

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4 days ago  · Its total Bitcoin holdings now stand at 471,107, and based on the current BTC price of $99,610, it is worth $47 billion. In a filing with the U.S. Securities and Exchange …

stocktwits.com

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MicroStrategy Paid Well Over $100,000 Per Coin In Its Latest Bitcoin ...

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Dec 23, 2024  · Also as of Dec. 22, the company said it held a total of about 444,262 bitcoins, for which it spent $27.7 billion, or an average purchase price of $62,257 per bitcoin. At current …

morningstar.com

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Microstrategy Shares Fall After Announcing Convertible Offering …

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Mar 4, 2024  · Shares of Microstrategy have shot up 111% year-to-date. The offering is the latest in a string of convertible bond deals as high U.S. interest rates and rising share prices have …

usnews.com

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MicroStrategy Shares Fall 13% After Convertible Deal For Bitcoin ...

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March 19 (Reuters) - Shares in MicroStrategy , opens new tab were down 13% on Tuesday as bitcoin fell after the company announced it had completed a $603.75 million convertible debt …

reuters.com

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MicroStrategy Stock Is Dropping. Its Latest Bitcoin Buy Doesn’t …

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MicroStrategy paid an average price of over $106,000 per coin for the latest purchase, made between Dec. 16 and Sunday. It now holds 444,262 Bitcoin worth about $43 billion.

msn.com

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MicroStrategy Shares Fall 8%, Following End-of-Year Bitcoin …

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Jan 16, 2025  · MicroStrategy Shares Fall 8%: MicroStrategy, a leading business intelligence and analytics company, recently made headlines following a significant drop in its stock price.The …

lkouniexam.in

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MicroStrategy Falls 16% Despite New Bitcoin Record As Some …

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Nov 22, 2024  · Of that valuation, MicroStrategy's market cap yesterday and earlier on Thursday topped $100 billion, or more than three times the value of the roughly 331,000 bitcoin on its …

yahoo.com

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MicroStrategy Shares Decline Following Another Major Bitcoin …

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Dec 31, 2024  · This month, MicroStrategy proposed increasing Class A common shares by $10 billion and preferred shares by $1 billion to support its $42 billion fundraising plan over the next …

tradersunion.com

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MicroStrategy Makes Record-Breaking Bitcoin Purchase, Bolstering …

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Nov 26, 2024  · MicroStrategy has made headlines with its largest Bitcoin purchase to date, acquiring 55,500 BTC between Nov. 18 and 24 for $5.4 billion. ... $56,761 per Bitcoin. The …

yahoo.com

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MicroStrategy Stock Falls 5% Amid A $42 Billion Bitcoin Plan - Quartz

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Oct 30, 2024  · MicroStrategy Corp. (MSTR-4.40%, a prominent advocate for Bitcoin, saw its shares fall by nearly 5% in after-hours trading following news that the business intelligence …

qz.com

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MicroStrategy Stock Falls 5% Amid A $42 Billion Bitcoin Plan - Yahoo

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Oct 30, 2024  · MicroStrategy Corp. (MSTR), a prominent advocate for Bitcoin, saw its shares fall by nearly 5% in after-hours trading following news that the business intelligence firm intends to …

yahoo.com

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MicroStrategy Buys Another 10,107 Bitcoin For $1.1 Billion, …

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4 days ago  · The bitcoin acquisitions follow MicroStrategy's latest sale of shares during the same period, equivalent to the same value. ... a row following news last Monday that it had acquired …

theblock.co

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MicroStrategy Adds Another Billion Worth Of Bitcoin, Will Sell …

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4 days ago  · The company continued to flex its bitcoin treasury muscle with a purchase of 10,107 bitcoin for approximately $1.1 billion over the past week. This latest acquisition brings the …

investopedia.com

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MicroStrategy's Bitcoin Holdings Soar To 331,200 Following Massive …

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Nov 18, 2024  · Michael Saylor's MicroStrategy, the largest corporate holder of bitcoin, announced on Monday that it spent $4.6 billion to acquire 51,780 bitcoin (BTC), bringing its total holdings …

thestreet.com

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MicroStrategy Buys More Bitcoin While Adding Capital Raising Tools

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4 days ago  · MicroStrategy shares have risen around 600% in the past year. The stock fell about 1.4% to $348.65 as of 9:50 a.m. in New York. Bitcoin fell around 2.5% to $101,953.

yahoo.com

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MicroStrategy Purchases A Further 15,350 BTC Following

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Dec 16, 2024  · MicroStrategy disclosed that the 15,350 BTC purchase came to a total of $1.5 billion for an average price of $100,386 per bitcoin. This brings the company's total holdings to …

coindesk.com

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MicroStrategy Is Still Loading Up On Bitcoin, But The Pace Of Buying …

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4 days ago  · MicroStrategy has spent $20.5 billion to buy bitcoin in less than three months, or nearly half what it planned to spend over the next three years Last Updated: Jan. 27, 2025 at …

marketwatch.com

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MicroStrategy Buys The Top, Adding $1.1 Billion In Bitcoin Ahead …

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5 days ago  · Bitcoin development company MicroStrategy has bought the top—again—spending over $1 billion on the biggest cryptocurrency ahead of its Monday plunge.. The firm’s Bitcoin …

decrypt.co

FAQs about Why MicroStrategy’s stock dropped 8% after its latest Bitcoin buy Coupon?

Why did MicroStrategy sell 1.3 million shares?

Selling 1.3 million shares over the past week, MicroStrategy said it used the proceeds to expand its Bitcoin holdings by 5,200 BTC, according to a SEC filing. The self-described Bitcoin development company now sits on a trove of 444,262 BTC, valued at $42 billion as of this writing. ...

Did MicroStrategy buy more bitcoin?

Its Latest Purchase Was a Lot Smaller. MicroStrategy Just Bought More Bitcoin. Its Latest Purchase Was a Lot Smaller. M icroStrategy bought $561 million of Bitcoin during the past week, continuing a string of weekly purchases that began in early November. But the latest buys amounted to one of the smallest weekly purchase over the span. ...

Why did MicroStrategy stock fall 5%?

MicroStrategy Corp. (MSTR), a prominent advocate for Bitcoin, saw its shares fall by nearly 5% in after-hours trading following news that the business intelligence firm intends to continue expanding its Bitcoin holdings despite a downturn in overall revenue. ...

How much bitcoin did m icrostrategy buy?

M icroStrategy bought $561 million of Bitcoin during the past week, continuing a string of weekly purchases that began in early November. But the latest buys amounted to one of the smallest weekly purchase over the span. They were far below the $1.5 billion announced on Dec. 16 and the $2.1 billion disclosed on Dec. 9. ...

Does MicroStrategy buy BTC?

Since Oct. 31, MicroStrategy has bought BTC weekly, adding 194,180 BTC to its holdings. Trading resource The Kobeissi Letter said in a Dec. 30 X post that the markets are concerned about MicroStrategy’s proposed 10 billion increase in authorized shares. ...

Why did MicroStrategy shares fall in extended trade?

NEW YORK (Reuters) - Microstrategy shares fell in extended trade on Monday, after the company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin. ...

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