No, MicroStrategy Not Selling 10 Billion Shares to Buy Bitcoin

CoinMarketCap12-25 03:34

Cover image via U.Today MicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that theMichael Saylor-led firm plans to issue 10 billion MSTR ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2494055512?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/e31d135cbc99464c86931c8c51ae8cd0.jpeg","is_english":true,"pubTime":"2024-12-25 03:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2494055512","market":"us","top_or_hot":-1,"title":"No, MicroStrategy Not Selling 10 Billion Shares to Buy Bitcoin","media":"CoinMarketCap","content":"<div>\n<p>Cover image via U.Today\n\n\nMicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that theMichael Saylor-led firm plans to issue 10 billion MSTR ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/676b0cc2bc421d2e05bc7d61/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, MicroStrategy Not Selling 10 Billion Shares to Buy Bitcoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo, MicroStrategy Not Selling 10 Billion Shares to Buy Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-25 03:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/676b0cc2bc421d2e05bc7d61/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cover image via U.Today\n\n\nMicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that theMichael Saylor-led firm plans to issue 10 billion MSTR ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/676b0cc2bc421d2e05bc7d61/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"Grayscale Bitcoin Mini Trust","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/676b0cc2bc421d2e05bc7d61/","article_id":"2494055512","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/e31d135cbc99464c86931c8c51ae8cd0.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2494055512","pubTimestamp":1735068863,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"MicroStrategy , the business intelligence firm, is in the news again. This time, there are speculations that theMichael Saylor-led firm plans to issue 10 billion MSTR shares to purchase an additional $3 trillion worth of Bitcoin .Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, proffered reasons not to believe the speculation in apost on X. Park’s tone suggests disbelief, given the unrealistic nature of such a move, and dismisses it outright.Primarily, the figure is staggeringly huge. To Park, it sounds absurd for a company to invest $3 trillion into an asset. Interestingly, the total market capitalization of Bitcoin currently at the market price is less than $2 trillion. Hence, pulling such a move would be almost impossible, as MicroStrategy is worth about $85 billion.Furthermore, Park maintains that investors need to avoid being bearish with MSTR every time the price of Bitcoin drops. As of this writing, the BTC price wastrading up by 3.95% at $97,548 in a surprising ","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTC":"Grayscale Bitcoin Mini Trust","BK4594":"比特币ETF概念","BK4588":"碎股","BK4023":"应用软件","BK4516":"特朗普概念","BK4596":"哈里斯概念","BK4595":"比特币概念","MSTR":"MicroStrategy","BK4585":"ETF&股票定投概念","BK4600":"加密货币概念","BK4601":"加密货币现货ETF","IBIT":"iShares Bitcoin Trust"},"translate_title":"不，MicroStrategy不会出售100亿股股票来购买比特币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":1,"IBIT":1,"MSTR":1},"content_text":"Cover image via U.Today\n\n\nMicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that theMichael Saylor-led firm plans to issue 10 billion MSTR shares to purchase an additional $3 trillion worth of Bitcoin (BTC).\nAnalyst dispels MicroStrategy rumors\nJeff Park, Head of Alpha Strategies at Bitwise Asset Management, proffered reasons not to believe the speculation in apost on X. Park’s tone suggests disbelief, given the unrealistic nature of such a move, and dismisses it outright.\nPrimarily, the figure is staggeringly huge. To Park, it sounds absurd for a company to invest $3 trillion into an asset. Interestingly, the total market capitalization of Bitcoin currently at the market price is less than $2 trillion. Hence, pulling such a move would be almost impossible, as MicroStrategy is worth about $85 billion.\n\n$MSTR is not issuing 10 billion shares to buy $3 trillion worth of Bitcoin.I can’t believe I’m tweeting this on Christmas Eve.— Jeff Park (@dgt10011) December 24, 2024\n\nBeyond the surface, Park also addressed critical issues among some potential investors holding back from MSTR due to the price fluctuations of BTC. He referenced a previous post explaining the fears around MSTR and its price performance relative to the crypto market.\nBitcoin and MSTR’s valuation\nNotably, Park clarified that MicroStrategy’s heavy investment in Bitcoin makes the value of the company’s shares intrinsically tied to BTC. He noted that if MSTR should dip to zero, Bitcoin’s value will be negatively affected.\nHowever, he assured readers that even if Bitcoin plummets to a record low of $30,000, MSTR will still not crash to zero.\nPark highlighted that MicroStrategy has multiple capital extension strategies and additional levers to win in the broader market. This aligns with a U.Today report, where Adam Back, Blockstream CEO, maintains that MicroStrategy’s shares are cheap, believing they are undervalued.\nFurthermore, Park maintains that investors need to avoid being bearish with MSTR every time the price of Bitcoin drops. As of this writing, the BTC price wastrading up by 3.95% at $97,548 in a surprising market rebound. Read original article on U.Today","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2494055512"}