microstrategy

microstrategy

MicroStrategy Plans To Buy Bitcoin Further, After $250M Investment

Billion dollar business intelligence firm MicroStrategy (MSTR) just made waves with a heavy $250M in bitcoin. Their announcement to shareholders mentioned they may invest upto $250M in the next 12 months. But, just days after the announcement, they went ahead with the plan so quickly. MicroStrategy’s strategic plan mission is to maximize their value for …

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microstrategy buys bitcoin

MicroStrategy Buys Bitcoin for $250M as part of capital allocation strategy

MicroStrategy buys Bitcoin for a huge chunk of $250 Million. MSTR has become the first ever public listing giant to buy bitcoin.  Micro Strategy does it as part of strategic capital allocation process. MSTR declared that it has bought 21.4K bitcoin, with a current valuation of $250 million. Bitcoin has fought through ups and downs …

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