MicroStrategy buys 1,045 BTC for $29.3 million
The analytics software provider MicroStrategy has added to its bitcoin holdings by purchasing 1,045 BTC, according to founder Michael Saylor.MicroStrategy is a business intelligence company known for its software platform and data analytics solutions.
MicroStrategy buys 1,045 BTC for $29.3 million
The analytics software provider MicroStrategy has added to its bitcoin holdings by purchasing 1,045 BTC, according to founder Michael Saylor.
MicroStrategy buys 6,455 more BTC for $150 million
The analytics software provider MicroStrategy has added 6,455 BTC. This was announced by the company's founder, Michael Saylor.
Michael Saylor to Stand as Defendant in Tax-Fraud Case
The Supreme Court of the District of Columbia denied MicroStrategy founder Michael Saylor's motion to dismiss the income tax suit.
MicroStrategy reports raising $46.6 million since September 2022
MicroStrategy has raised $46.6 million from the sale of its securities since September 2022, according to the Securities and Exchange Commission filing.
MicroStrategy reports quarterly loss of $249.7 million
The business analytics software company MicroStrategy said that net loss in the fourth quarter of 2022 amounted to $249.7 million. The write-down of Bitcoin assets weighed on results as the price declined. During the period the company {{AOPEN_1}}sold 704 BTC{{ACLOSE_1}}, but remains the owner of 132,500 BTC. The coins lost $197.6 million in value. “Our corporate strategy and conviction in buying, holding, and expanding our position in Bitcoin in the long term remain unchanged,” said Chief Financial Officer Andrew Kang. Market analysts had expected that the quarter would be profitable for MicroStrategy for the first time in two years. Revenue from the core business was $132.6 million, down 1.5% year on year. In the wake of the earnings release, MicroStrategy co-founder and former CEO Michael Saylor posted a tweet with a statement: “Bitcoin is a mission.” Earlier, in November 2022, Saylor confirmed the commitment of the company to a strategy of buying and accumulating the first cryptocurrency.
Market maker Group One acquires 13.5% stake in MicroStrategy
Based in Chicago, market maker Group One became the owner of 1,261,744 MicroStrategy shares, equivalent to a 13.49% stake. The information is contained in the SEC filing.
MicroStrategy to roll out Lightning Network-based solutions in 2023
In 2023, MicroStrategy will roll out a range of Lightning Network-based solutions built on the Bitcoin Lightning Network (LN). This was stated by the founder and executive chairman Michael Saylor.
MicroStrategy buys 2,501 BTC for about $44.6 million, says founder Michael Saylor
MicroStrategy, the analytics software provider, added 2,501 BTC for about $44.6 million, according to founder Michael Saylor.
Michael Saylor reaffirms MicroStrategy’s plan to continue buying Bitcoin
MicroStrategy does not abandon its strategy of buying and accumulating Bitcoin, despite the continued market decline, according to CoinDesk.
Experts estimate MicroStrategy’s gains from investing in Ethereum instead of Bitcoin
Experts from Blockchain Center calculated that MicroStrategy could have earned $1.6 billion instead of losing $1.3 billion if it had invested in Ethereum instead of Bitcoin.We use cookies to improve the quality of our service.
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