Michael Saylor got a big investment.
Capital International buys 1 million shares of Microstrategy.
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
Michael Saylor got a big investment.
Capital International buys 1 million shares of Microstrategy.
Posted Using LeoFinance Beta
It is a nugget in the basin of crypto.
#MTSR looks more crypto than cloud service company
Posted Using LeoFinance Beta
They are fully making the transition to cryptocurrency. I agree with you they are no longer a cloud service company, at least not primarily.
Posted Using LeoFinance Beta
Was this part of his recent raise to buy more bitcoin? Or was it off the open market? I couldn't really tell from the limited information in the article...
Posted Using LeoFinance Beta
I would presume it was open market.
The most recent raise of capital was done using debt, not equity.
So this was likely just purchased through normal channels.
Posted Using LeoFinance Beta
I am guessing the funds from doing so will probably go towards buying more BTC off the market.
Posted Using LeoFinance Beta
I have a feeling it was an open market buy so they are buying the stock from others. It wasnt a direct purchase.
Posted Using LeoFinance Beta
Microstrategy is a BTC whale. Their shares are going to follow Bitcoin's pattern. ☝️☝️☝️
Posted Using LeoFinance Beta
$MSTR jumped in price after this news came out:
Posted Using LeoFinance Beta
They are a huge hodler of Bitcoin, there is no doubt about it. It is going to really enhance that company's holdings down the road if all of this pans out well.
Posted Using LeoFinance Beta