Bitcoin24h $69,545.69-1.21%

Ethereum24h $2,028.92-4.34%

XRP24h $1.42-1.70%

BNB24h $621.23-2.84%

Solana24h $84.43-3.94%

TRON24h $0.2776-0.41%

Dogecoin24h $0.0936-2.49%

Bitcoin Cash24h $520.28-2.39%

Cardano24h $0.2629-3.01%

UNUS SED LEO24h $8.61+1.99%

Is MicroStrategy’s $563M STRK really oversubscribed?

MicroStrategy reportedly raised $563.4M via its new Series A Perpetual Strike Preferred Stock after targeting just $250M for the raise.

Ethereum MicroStrategy clone has shaky start, sends 165 ETH to wrong address

Some X users suspected that the problem lay with the use of a deposit address created before deployment on Ethereum’s mainnet.

MicroStrategy has filed a hybrid securities shelf registration, STRK, to dilute demand for MSTR and buy more bitcoin.

MicroStrategy rallied for an FASB change that it thought would help it properly value its bitcoin — but it could come with a nasty tax.

Adding bitcoin to a company’s balance sheet has been a terrific decision for the few winners and a terrible decision for others.