Cathedra Bitcoin will move away from mining business and will develop data center instead.
Category: MicroStrategy
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The company is the largest corporate bitcoin holder with 244,800 bitcoin worth over $14 billion in its treasury.
Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on […]
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF.
The broker raised its year-end price target for the software company to $2,150 from $1,875.
MicroStrategy reported second-quarter earnings on Thursday.
Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.
Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor’s MicroStrategy (MSTR) stock could surge, […]