MicroStrategy Buys 6 Million More in Bitcoin With Note Proceeds

MicroStrategy Buys $786 Million More in Bitcoin With Note Proceeds

(Bloomberg) — MicroStrategy Inc. bought approximately $786 million in Bitcoin with the proceeds raised from the sale of convertible notes. Most Read from Bloomberg The company acquired 11,931 Bitcoin between April 27... Read more »
Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR

Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR

Last updated: April 9, 2024 18:48 EDT | 1 min read Bitcoin (BTC) development company MicroStrategy may be planning to dilute shareholder value after the price of its stock and convertible bonds... Read more »
Bitcoin (BTC) bet made by MicroStrategy paid off

Bitcoin (BTC) bet made by MicroStrategy paid off

Beyond the bout of profit that the business intelligence and software firm has seen in the last few weeks, MicroStrategy’s Bitcoin (BTC) strategy has paid off well. MicroStrategy’s shares (MSTR) have grown... Read more »
MicroStrategy Increases Bitcoin Holdings Pre Spot-ETF Decisions

MicroStrategy Increases Bitcoin Holdings Pre Spot-ETF Decisions

MSTR 011223 Daily ChartNotably, the purchase comes as the markets bet on the SEC approving a batch of BTC-spot ETFs. BTC-Spot ETF Updates Draw Interest On Thursday, Bloomberg Intelligence Analysts James Seyffart... Read more »
MicroStrategy buys 7M worth of Bitcoin, now holds 158K BTC

MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC

MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency. Michael Saylor, co-founder and... Read more »
News on Bitcoin and Microstrategy

News on Bitcoin and Microstrategy

Since Microstrategy and Michal Saylor adopted the Bitcoin Standard in September 2020, BTC and MSTR prices have risen more than any other asset class. Equity indices, Commodity and bonds have had smaller... Read more »
MicroStrategy Makes Profit, Reports  Million Bitcoin Impairment Charge in Q2

MicroStrategy Makes Profit, Reports $24 Million Bitcoin Impairment Charge in Q2

Business intelligence company MicroStrategy—one of the largest institutional holders of Bitcoin in the U.S.—reported a $24.1 million impairment charge on its crypto holdings today but nonetheless returned to profitability this quarter. MicroStrategy... Read more »
MicroStrategy Cites Tax Benefits in Bitcoin

MicroStrategy Cites Tax Benefits in Bitcoin

MicroStrategy has cited tax advantages as the rationale for its latest shopping for and promoting of bitcoin. The agency — which develops enterprise software program however can be the biggest corporate buyer... Read more »
MicroStrategy Plans to Buy More Bitcoin, Files to Sell Up to 0M of Stock

MicroStrategy Plans to Buy More Bitcoin, Files to Sell Up to $500M of Stock

MicroStrategy is one of the most important institutional buyers in Bitcoin. The chairman of the software program developer firm, Michael Saylor, is a Bitcoin maximalist and has vowed not to promote the... Read more »
MicroStrategy Calls D.C. ‘Tax Fraud’ Lawsuit ‘False’ and Says it Will Fight Back ‘Aggressively’

MicroStrategy Calls D.C. ‘Tax Fraud’ Lawsuit ‘False’ and Says it Will Fight Back ‘Aggressively’

Michael Saylor on the Bitcoin 2022 convention in Miami. Source: A video screenshot, Youtube/Bitcoin Magazine   The District of Columbia’s Attorney General has publicly said that his workplace will launch a tax... Read more »