September 20, 2024

Dow Jones and S&P 500 Soar to Record Highs on Rate Cut Rally

The Dow Jones and S&P 500 hit record highs on Thursday as the markets soared after the Federal Reserve cut interest rates Wednesday.

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September 20, 2024

MicroStrategy to Issue Nearly $1B of Debt, Buy More Bitcoin

microstrategy stock

MicroStrategy Incorporated (NASDAQ:MSTR) announced on Wednesday afternoon that it intends to issue up to nearly $1 billion worth of corporate debt. Much of the proceeds from that debt will be used to redeem/pay off other debt, but MicroStrategy also expects to use some of the proceeds to purchase Bitcoin. Previously… Continue reading MicroStrategy to Issue Nearly $1B of Debt, Buy More Bitcoin

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