Tectono Business Review: MICROSTRATEGY SETS TO SELL $750M STOCKS TO ACQUIRE MORE BITCOIN

Wednesday, 2 August 2023

MICROSTRATEGY SETS TO SELL $750M STOCKS TO ACQUIRE MORE BITCOIN

MicroStrategy, an American company that provides business intelligence, mobile software, and cloud-based services, has perfected plans to sell up to $750 million of stock, possibly to acquire BTC.

Following this announcement, the price of Bitcoin rose noticeably, approaching $29,800 from around $29,200.

MicroStrategy, which is believed to be a proxy for Bitcoin by many investors, acquired a giant Bitcoin stash in recent years and may raise up to $750 million by selling more stock and plans to use the proceeds for a variety of general corporate purposes, including the acquisition of more Bitcoins as well as some working capital

The announcement was made in a U.S. Securities and Exchange Commission filing late Tuesday.

Chairman of the Microstrategy, Michael Saylor, has gotten the company heavily involved with Bitcoin, buying billions of dollars’ worth since the pandemic.

The company owned 152,800 bitcoin as of July 31, which are now worth about $4.5 billion.

Tectono Business Review

Dear highly esteemed readers, we hope you have benefitted a lot from our educative, informative and entertaining publications. Could you please support us in order to maximize the effectiveness and efficiency of our operations? Our Nigerian Naira Account Details: Tectono Ventures Limited GTBank 0136870505. If you want to support us with USDT or other cryptos, call or whatsapp us via: +2348067876251 to get our wallet address.

No comments:

GOF AD

Do you know that the kind of #vehicle you drive goes a very long way in affecting your #image? Yes, your vehicle tells people, including your #prospective #clients, how #comfortable you are. #Comfort is directly proportional to #competence. Of course, if you are competent in what you do, you will be comfortable enough to afford at least a #brand #new vehicle. Have you ever wondered why #banks and other #financial #institutions give their #marketers brand new cars? Your level of comfort goes a long way in determining if your prospective clients will trust you. The reason why you have not won those contracts or deals could be because your prospective customers think that you are incompetent owing to how worn-out your car is. Yes, the onus is on you to acquire brand new cars. Top sales people buy new cars every year. Do you know what? That worn-out vehicle that you currently drive can look like a brand new one. We, at GOF AUTOS LIMITED can make it possible via total #body #work, #refurbishing, #priming, #painting with the best #paint in the #world called #SIKKENS #PAINT, #OVEN #BAKING with a world-class oven and #BUFFERING. #Blue-chip #companies, #CEOs and top #managers give us all their worn-out vehicles for body work. You, too, can enjoy our world-class services. For details about GOF Autos Limited, click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html

EXPORT

Hmmm!!! Folks, let us say the truth and shame the #devil. Many #Nigerian #non-oil products #exporters have been defrauded of huge amount of #money in the process of #exporting #agricultural #commodities and solid #minerals to #foreign #countries. Do you know why? They were not trained on #export #operations, #management, #documentations and the best methods of #payment in export #trade. This is terrible!!! Nigerians cannot continue to lose money to #foreigners in the course of export #business. Exporters, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and #packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a #contemporary step-by-step #guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

EXPORT

Fellow #Nigerians, are you aware that our #crude #oil will soon become useless? Yes, it will, in no distant time, become #valueless owing to the fact that the #countries that rely on it as their only source of #energy are developing more affordable #alternative sources of energy. When this finally happens, what will we do? How are we currently preparing for this imminent #economic doom? Which other sector will continue to stabilize our economy? Nigerians, the only #solution is developing the #agricultural sector. In fact, this is the only #solution. Very soon, the major source of revenue will become agriculture and #agro-exports. How are you positioning yourself to play big in agro-export #business? Why don’t you get a practical manual that explains the stages of export trade from #processing and #packaging of #commodities to receipt of #payment by the #foreign buyers? Yes, arm yourself with the #contemporary #trends in #export #trade. This manual explains export #operations, export #management, export #documentations and methods of #payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

IBEJU-LEKKI PLOTS OF LAND

Extra-smart #people deserve extra-smart #investment in #landed #properties at the new #Lagos, otherwise known as #Ibeju #Lekki. This is where great #developmental #projects are currently going on and in the next two years, it will surpass #Lekki Phase 1 Estate. Are you aware that #Lekki #Port will commence full operations in 2022? This implies #port #operations and #development are shifting from #Apapa to Ibeju-Lekki. Any plot of land you buy in Ibeju-Lekki now will appreciate by excess of 200% in 2022. Other notable attraction here include: Lekki #Free #Trade #Zone, #Dangote #Refineries, Eleko #Beach, Lekki, New #Epe #International #Airport, #Eleganza #Industrial #Estate, Pan #Atlantic #University etc. If you have not invested heavily in landed properties, you have not landed. Acquire genuine plots and hectares of land free from government encumbrance in our estates at Ibeju-Lekki. For details, click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html

Tectono Business Review

Pages

Wednesday, 2 August 2023

MICROSTRATEGY SETS TO SELL $750M STOCKS TO ACQUIRE MORE BITCOIN

No comments:

Post a Comment