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MicroStrategy buys $1B+ in bitcoin
Tysons-based software company now has $4.5B in bitcoin holdings
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August.
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MicroStrategy ups the ante on bitcoin investment
Tysons company increases latest announced bitcoin buy to $900M
Published
Tysons-based business software company MicroStrategy Inc. is going all in on its bitcoin strategy: The company announced Wednesday it would raise $900 million from a convertible senior notes offering set
Va. bank is first to allow customers to buy, redeem bitcoin at ATMs
Blue Ridge Bankshares opens ATMs with cryptocurrency access
Published
With cryptocurrency use on the rise, customers of Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, will now be able to purchase and redeem bitcoin at
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MicroStrategy stock jumps 29% after Tesla bitcoin purchase
Tysons software company's bitcoin holdings now worth $3B
Published
Following Tesla’s announcement that it had purchased $1.5 billion in bitcoin, Tysons-based business software company MicroStrategy Inc. — which has converted hundreds of millions in holdings to bitcoin now worth
MicroStrategy raises $650M to be invested in bitcoin
Company announced debt offering last week
Published
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates
MicroStrategy to increase bitcoin holdings by $550M
Tysons tech firm was one of the first public companies to use cryptocurrency for cash holdings
Published
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it will increase its bitcoin holdings by as much as $550 million following a convertible debt offering. In August, the company
SEC charges Herndon-based tech company, CEO with fraud
SEC orders Boon.Tech to relinquish $5M raised through unregistered coin offering
Published
The Securities and Exchange Commission announced charges Thursday against Herndon-based Kelvin Boon LLC/Boon.Tech and its CEO, Rajesh Pavithran, for fraud and registration violations in connection with a $5 million initial
MicroStrategy converts $250M cash holdings to bitcoin
Tysons software company also offering $250M of its common stock
Published
Tysons-based business software company MicroStrategy Inc. announced Tuesday it has converted $250 million from its cash holdings into more than 21,000 bitcoins. The company will keep its bitcoin holdings on