MicroStrategy beat the S&P 500 with its bitcoin investment

MicroStrategy has outperformed the S&P 500 index thanks to its investment in bitcoin (BTC), according to data revealed by Michael Saylor, the company’s CEO. Since adopting BTC as part of its corporate strategy in August 2020, the company has seen over 1,000% growth in its stock performance. MicroStrategy’s performance not only outperformed the S&P 500. … Read more

MicroStrategy buys more bitcoin and now has more than 250,000 BTC

MicroStrategy, led by Michael Saylor, acquired more than 7,400 bitcoin (BTC) between September 13 and 19, investing almost USD 460 million in the digital currency. With this purchase, the company now has a total of 252,220 BTC, consolidating itself as one of the main whales in the BTC market. The most recent purchase was made … Read more

Mining companies follow in MicroStrategy’s footsteps

Key facts: The company will focus on developing data centers and will buy bitcoin with the profits. Cathedra will use other options such as debt, equity and derivatives to buy bitcoin. Cathedra Bitcoin, a company known for its focus on Bitcoin mining, has announced a significant shift in its corporate strategy. The company now considers … Read more

Japanese “MicroStrategy” bought another $2 million in bitcoin

Key facts: So far, the Japanese company has 398 bitcoins stored. Metaplanet follows the strategy of Michael Saylor and Microstrategy. On Tuesday, September 10, investment and consulting firm Metaplanet announced the purchase of 38.4 bitcoin (BTC), worth approximately USD 2 million, increasing its total reserve to 398.8 BTC. This acquisition aligns with Michael Saylor and … Read more