MicroStrategy
MicroStrategy Shares Drop 8% Following Year-End Bitcoin Purchase.
Following its $209 million Bitcoin purchase on December 30, some analysts began to express worries about Michael Saylor’s MicroStrategy’s (MSTR) “leveraged” position, which caused shares to drop more than 8%.…
MicroStrategy Joins Top 100 US Public Companies by Market Capitalization.
MicroStrategy (MSTR), a self-described bitcoin (BTC) development company, has recently entered the top 100 of the United States’ publicly traded corporations, ranking 97th. The stock soared 29 positions on Tuesday’s…
Coinbase and MicroStrategy See Jump in Share Prices.
Crypto exchange Coinbase and business intelligence firm MicroStrategy have recorded a surge in share prices after a challenging 2022. Coinbase share is up 69% after it fell as low as…
MicroStrategy Sees Improvement Despite Muted Bitcoin Volatility.
MicroStrategy, despite recording a net loss for Q3, has seen dramatic improvement amid Bitcoin volatility. The firm will continue buying and holding Bitcoin. In the third quarter, MicroStrategy saw a…
MicroStrategy wants to buy more Bitcoin.
Already holding more than 129,000 BTC in its coffers, MicroStrategy wants to buy more Bitcoin. The publicly traded software company is already the single largest corporate holder of the world’s…
MicroStrategy to boost usage with Lightning network: CEO Michael Saylor.
Developers at MicroStrategy are working on solutions to onboard large numbers of people onto the Lightning network, says CEO Michael Saylor. Speaking at the Baltic Honeybadger conference in Riga, Latvia,…
Michael Saylor to step down as MicroStrategy’s CEO, take up chairmanship.
MicroStrategy chief executive Michael Saylor is expected to step down from his current position and to take the reins as the company’s executive chairman. The new position will help Saylor…
MicroStrategy continues to buy Bitcoin dip despite new lows.
MicroStrategy sees “opportunities” in Bitcoin’s present low prices amid high volatility in the crypto market. The business intelligence and software company now has nearly 130,000 Bitcoin worth around $2.61 billion.…
MicroStrategy is like a non-existent spot ETF: Michael Saylor
MicroStrategy, a publicly-traded company, doubles as the first and only Bitcoin spot exchange-traded fund in the United States, says CEO Michael Saylor. He described MicroStrategy, which is in the business…
MicroStrategy, a Bitcoin Proponent, Increases Investments in Cryptocurrencies to $25 Million
The price of bitcoin is steadily climbing around $36,000. During the recent recession, MicroStrategy, a US-based business intelligence software organization, purchased additional Bitcoin worth $25 million (roughly Rs 187 crore)…
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