Windtree, a biotech-turned BNB treasury firm, is facing delisting from the Nasdaq on August 21. Summary Nasdaq is set to delist Windtree on August 21, following non-compliance with its $1 share price rule Windtree’s stock price lost 97.74% in the past six months, to $0.11 Delisting would make it much harder for Windtree to gain…
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MicroStrategy, now known as ‘Strategy,’ reported a staggering $670M impairment loss in Q4, mainly from Bitcoin. Yet, despite the hit, it continues accumulating BTC, believing in its long-term value. MicroStrategy has officially rebranded as Strategy. Announced on Feb. 5, the rebranding comes with a new logo featuring a stylized “B,” reflecting its identity as the world’s largest…
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MicroStrategy announced a Bitcoin purchase for the twelfth consecutive week, while also unveiling a new stock offering to finance additional crypto acquisitions. MicroStrategy, the world’s largest corporate Bitcoin btc2.69%Bitcoin holder, increased its holdings to a staggering 471,101 tokens after completing its second purchase during President Donald Trump’s administration. The company invested another $1.1 billion in BTC, acquiring…
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MicroStrategy, the largest corporate holder of Bitcoin, has announced plans to redeem all outstanding 0% convertible senior notes due in 2027, totaling approximately $1.05 billion. The redemption is set for Feb. 24, 2025, at 100% of the principal amount, plus any accrued interest. Noteholders have until Feb. 20, 2025, to convert their notes into MicroStrategy’s Class A…
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MicroStrategy, the business intelligence firm known for its aggressive Bitcoin investment strategy, acquired an additional 1,070 BTC last week for approximately $101 million. The company disclosed the purchase in an SEC filing on Jan.6, noting an average acquisition price of $94,004 per Bitcoin btc2.17%Bitcoin. This latest acquisition brings MicroStrategy’s total Bitcoin holdings to 447,470 BTC, purchased at an…
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MicroStrategy stock and Bitcoin price have historically had a close correlation as the company became the biggest BTC investor. MicroStrategy shares have dropped by 21% in the last 30 days, while Bitcoin btc1.22%Bitcoin is down by less than 2%. This marks a significant divergence, as MSTR stock has typically moved in tandem with Bitcoin. Bitcoin vs MicroStrategy…
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MicroStrategy Inc., the business intelligence company that is now the biggest corporate holder of Bitcoin, has ranked as the best-performing cryptocurrency stock in 2024, according to The Block. The company’s stock climbed up to 402% on the year, pushing the company’s market cap to $83 billion. This continued the trend of MicroStrategy buying more Bitcoin btc0.17%Bitcoin in…
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Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in…
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According to breaking information, MicroStrategy today announced that, subject to market conditions and other factors, it will offer $600 million of aggregate principal convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. announced his…
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