MicroStrategy redeems $1.05B in 2027 convertible notes, offering investors the option to convert into shares before February 20.
MicroStrategy plans to redeem $1.05B of convertible notes due 2027 with Class A common stock, aligning with its Bitcoin-focused strategy.
MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, is grappling with potential federal tax obligations tied to its massive Bitcoin holdings, according to a Wall Street Journal report.
Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential
MicroStrategy, the top corporate holder of the world's first cryptocurrency Bitcoin, may pay taxes on its holdings despite never selling any.
TYSONS CORNER, Va. - MicroStrategy Incorporated (NASDAQ:MSTR), known for its significant Bitcoin investments and remarkable 727% return over the past year, has issued a notice for the full redemption of its 0.
MicroStrategy Buys $1.1 Billion of Bitcoin
The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether through sell or buy transaction, it will continue make money from the trading fees. This article first appeared on GuruFocus.
Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.
MicroStrategy's bitcoin-backed bonds attract conservative investors despite high risks. With shares surging and critics skeptical, is the bet sustainable?
Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.