MicroStrategy’s share price rose to $341.14, after a rocky 24 hours when share prices tanked 40%. Earlier this week, the firm – the world’s largest corporate holder of bitcoin – announced the acquisition of 2,

A big reason MicroStrategy ( MSTR -4.40%) was such a hot stock in 2024 is its bullish position on Bitcoin. The company is such a big believer in crypto that it's planning to raise $42 billion in capital during the next three years for the purpose of adding to its tally.

MicroStrategy's share price has faced a prolonged plunge, falling 45% from its November peak as the firm's Bitcoin buys get smaller.

MicroStrategy, the largest corporate Bitcoin holder, has announced plans to raise another $2 billion through a perpetual preferred stock offering.

MicroStrategy's Bitcoin purchases 2,138 BTC, worth $209 million, reflecting a continued investment strategy in the growing market.

MicroStrategy continues to grow its Bitcoin holdings. Just last week, the company purchased another 2,138 bitcoins, taking its total to an astonishing 446,400 coins. At today’s Bitcoin prices, this translates into a staggering value of 41.

MicroStrategy today announced the purchase of an additional $209 million worth of Bitcoin, its eighth consecutive weekly buy.

MicroStrategy is targeting a capital raise of up to $2 billion to continue to strengthen its balance sheet and acquire more Bitcoin, the business software company announced. The capital raise will be through one or more public underwritten offerings of perpetual preferred stock,

Shares of software company MicroStrategy ($MSTR) climbed to $339.66 on Friday following its recent plunge. The rally came after the company