The first Bitcoin-related convertible security readily available to individual investors should begin trading on Friday.

Saylor's bull case gives Bitcoin a $49 million price target in 2045, putting its market cap at an astronomical $1 quadrillion. Even the bear case is very optimistic, with Bitcoin's price rising at an average annual pace of 18.4% and hitting $3 million in 20 years.

MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency. Most Read from BloombergWhat Happened to Hanging Out on the Street?

MicroStrategy continues its ambitious Bitcoin acquisition strategy with a $1.1 billion purchase of 10,107 BTC, bringing its total holdings to 471,107 BTC, while implementing new financing mechanisms to support future cryptocurrency investments.

Business intelligence firm MicroStrategy (NASDAQ:MSTR), spearheaded by Michael Saylor, has once again demonstrated its unwavering faith in Bitcoi

MicroStrategy co-founder Michael Saylor has hinted at another Bitcoin purchase scheduled for Jan. 27, following the company’s recent acquisition of 11,000 BTC on Jan. 21.

That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s (CRYPTO: BTC) for $250 million. It then accumulated more Bitcoin each year, and it held 450,000 Bitcoins as of Jan. 13.

Nasdaq-listed Nuvve is the latest company to announce a Bitcoin reserve: The green energy firm will allocate 30% of its cash to the asset.

MicroStrategy Incorporated (NASDAQ:MSTR), once known primarily for its business intelligence software, has transformed itself into a unique player in the cryptocurrency space. With a market capitalization of over $85 billion and an impressive 557% return over the past year according to InvestingPro data,

MicroStrategy announced Monday that it had bought even more Bitcoin and revealed it would sell stock to raise capital and fund future purchases of the cryptocurrency. MicroStrategy’s latest purchase brings its total holdings to more than 470,

MicroStrategy (NASDAQ: MSTR) has been one of the most unlikely winners in the software sector in recent years. The company has evolved from an enterprise analytics software company to primarily a Bitcoin (CRYPTO: BTC) treasury company,