Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.

MicroStrategy has increased its Bitcoin holdings to 244,800 BTC, with a new purchase of 18,300 Bitcoin worth $1.11 billion, as announced by Michael Saylor.

MicroStrategy adds 18,300 BTC for $1.11B, nearing $10B total investment. US Bitcoin ETFs see inflows after two weeks of outflows.

According to a new report by Bloomberg, MicroStrategy purchased 18,300 Bitcoin for about $1.1 billion between August 6th and September 12th, the highest amount the firm has bought since February 2021 when it purchased 19,452 BTC.

MicroStrategy announced the details of its third debt offering of 2024, underlying its commitment to Bitcoin. The technology firm intends to raise $700 million with the issuance of convertible senior notes that will mature in 2028.

MicroStrategy has rocked the crypto market with a Bitcoin purchase worth $1.11 billion this week. The Bitcoin price now sits at $60,411, its highest value in ten days. BTC Rallies

MicroStrategy (NASDAQ:MSTR) has acquired an additional 18,300 Bitcoin. The company now reports holding 244,800 BTC.

MicroStrategy announced the purchase of 18,300 Bitcoins totaling $1.11 billion, elevating its net Bitcoin holdings to 244,800 BTC worth $9.45 billion. This marks one of the companys largest Bitcoin investments,

Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028. What Happened: This offering, expected to close by Sep.

MicroStrategy, a business intelligence and cloud-based services firm, announced its plans to sell $700 million in senior convertible notes.