WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference
MicroStrategy holds a significant amount of Bitcoin, emphasizing corporate adoption. The Bitcoin For Corporations conference aims to educate on Bitcoin as a treasury asset. [ more ]
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
Benchmark initiates coverage of MicroStrategy with a buy rating and a $990 price target based on Bitcoin's potential growth.
MicroStrategy's unique business model relies heavily on Bitcoin acquisition, with spot Bitcoin ETFs and the upcoming halving expected to drive cryptocurrency price higher. [ more ]
MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
MicroStrategy cut its price target to $1,590 from $1,810 after acquiring more bitcoin and reporting a net loss due to digital asset impairment charges. [ more ]
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
MicroStrategy reported a net operating loss due to a digital asset impairment charge in Q1 despite the significant increase in bitcoin's value. [ more ]
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MicroStrategy Buys An Additional 16,130 Bitcoin For $593 Million
MicroStrategy has purchased an additional 16,130 BTC for $593.3 million, bringing their total Bitcoin holdings to over 174,530 BTC worth more than $6.59 billion.
The company has consistently added to their Bitcoin holdings since August 2020 and has implemented a treasury reserve strategy.
MicroStrategy's aggressive bitcoin investment strategy continues despite the upcoming Bitcoin halving and potential approval of a Bitcoin ETF by the SEC. [ more ]
MicroStrategy Purchases 6,455 BTC, Pays Off $205M Loan At 22% Discount
MicroStrategy has announced the repayment of a $205M bitcoin-collateralized loan in full at a 22% discount for $160M, along with the acquisition of an additional 6,455 BTC, bringing their total holdings to 138,955 BTC.According to a tweet by Chairman Michael Saylor, the bitcoin was acquired at an average price of ~$29,817 per bitcoin.
Microstrategy Buys 6,455 More Bitcoin Now Holds 138,955 BTC Featured Bitcoin News
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin.With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin.Moreover, the company also paid off its loan from troubled Silvergate Bank in full.
Microstrategy Buys More Bitcoin Company's Crypto Holdings Grow to 132,500 BTC Featured Bitcoin News
Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases.This year, the world's largest cryptocurrency has emerged as the institutional-grade digital asset, said Microstrategy founder Michael Saylor.Microstrategy Acquires More Bitcoin Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury.
Elon Musk Says Apple Has Threatened to Withhold Twitter From App Store as Battle for Free Speech Escalates Bitcoin News
Tech giant Apple has threatened to withhold Twitter from its app store, according to Tesla CEO and Twitter chief Elon Musk.The billionaire added: This is a battle for the future of civilization.If free speech is lost even in America, tyranny is all that lies ahead.Apple's Threat to Musk and Twitter The battle for free speech has escalated for Elon Musk and his newly acquired social media company as Apple has threatened to withhold Twitter from its app store, Tesla CEO and Twitter chief Elon Musk revealed Monday, noting that Apple will not say why.
MicroStrategy Adds 2,500 Bitcoin To Holdings Despite Tax-Loss Harvesting
Michael Saylor's MicroStrategy bought 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21, 2022.It then sold 704 BTC at a loss on Dec. 22 to offset previous capital gains.MicroStrategy then bought 810 BTC on Dec. 24.Software analytics company MicroStrategy has sold bitcoin for the first time since it first began adding the digital currency to its treasury in 2020.
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MicroStrategy To Launch Bitcoin Lightning Solutions In 2023: Saylor
MicroStrategy will release software applications and solutions powered by the Bitcoin Lightning Network in 2023.MicroStrategy executive chairman Michael Saylor spoke about his company's plans in a Twitter Spaces room on Wednesday, shedding light on some of the offerings currently in the works at the software firm.
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Michael Saylor To Change His MicroStrategy Role To Focus On Bitcoin
MicroStrategy, the software intelligence firm famously bullish on Bitcoin, announced on Tuesday that its CEO Michael Saylor will step down from his current position to assume the new role of executive chairman, effective on August 8.
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