The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently […]
Category: MSTR
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The broker raised its year-end price target for the software company to $2,150 from $1,875.
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the […]
MicroStrategy reported second-quarter earnings on Thursday.
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used […]
Michael Saylor doesn’t plan to sell any of MicroStrategy’ (MSTR)s bitcoin (BTC) anytime soon, or potentially ever, he said in […]
The company added to its holdings in November.
Amid BTC’s big rally, the company’s impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in […]