As Bitcoin price hovers around $90,000, MicroStrategy has invested $2.1 billion to purchase 22,300 Bitcoins, marking the company's largest acquisition in over nine months. The purchase was primarily financed through the issuance of common stock. Meanwhile, the company's stock price has dropped over 7%, and its preferred stock product STRC (currently with an 11% dividend yield) is being actively promoted by Executive Chairman Michael Saylor. Due to the overall market volatility triggered by geopolitical events, Bitcoin's price has fallen from $95,000.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)