You Searched For "MicroStrategy" and got 20 results
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2 mins read
MicroStrategy reported a $146 million impairment charge related to its bitcoin holdings in the 4th quarter
The firm on Tuesday said it bought another $25 million of bitcoin at an average price of $37,865 pe…
Isabelle Lee
1 min read
MicroStrategy just bought 660 more bitcoins, boosting its stake to $3.78 billion
The enterprise software company now holds 125,051 bitcoins, acquired for around $3.78 billion at an…
Isabelle Lee
1 min read
MicroStrategy CEO Michael Saylor says there's no margin call on its bitcoin loan and it has plenty of collateral
MicroStrategy's bitcoin-backed loan came into focus as the cryptocurrency fell toward $21,000, pote…
Carla Mozée
2 mins read
Bitcoin losses are piling up for companies that added the crypto to their balance sheet. Here's what the recent crash has cost Tesla, Microstrategy, and Block.
The losses expose the big drawback of adding a highly volatile asset to a company's balance sheet, …
Matthew Fox
3 mins read
Jim Chanos defends short sellers, sounds the alarm on crypto fraud, and warns against investing in China. Here are his 12 best quotes from a new interview.
Chanos bemoaned the massive scale of the SPAC craze, described crypto speculators as gamblers, and …
Theron Mohamed
1 min read
Michael Saylor calls bitcoin the 'perfect asset' for retirement accounts and safer than bonds as Fidelity moves to let investors put the crypto in their 401(k)
Bitcoin is "less risky than bonds" and other asset classes, MicroStrategy's CEO told CNBC following…
Carla Mozée
2 mins read
Michael Saylor's MicroStrategy will keep up its bitcoin buying despite cryptocurrency rout
The software firm's strategy is to buy and hold bitcoin, CFO Phong Le said.
Natasha Dailey
1 min read
MicroStrategy extends 2-day decline to 30% as bitcoin melts down and SEC rejects its crypto accounting
MicroStrategy has bought 124,391 bitcoin at an average price of $30,159, which is just 10% below bi…
Matthew Fox
2 mins read
Michael Saylor says MicroStrategy stock is essentially serving as a spot bitcoin ETF as investors wait for the first one to be approved
'We're kind of like your nonexistent spot ETF,' Saylor told CNBC about MicroStrategy. The tech comp…
Carla Mozée
3 mins read
Bitcoin bull Michael Saylor says MicroStrategy will never sell its $5 billion crypto stash even if prices crash
"Never. No. We're not sellers," he told Bloomberg. "We're only acquiring and holding bitcoin, right…
Shalini Nagarajan
1 min read
Michael Saylor's MicroStrategy snaps up $190 million of bitcoin, lifting its stockpile to $6 billion
MicroStrategy received a $205 million loan last month from crypto lender Silvergate Bank to buy mor…
Phil Rosen
2 mins read
Michael Saylor's MicroStrategy buys another 7,002 bitcoins for $414 million — keeping its promise to keep adding the crypto
Tech firm MicroStrategy bought the bitcoin in the past two months, when the token hit a record high…
Camomile Shumba
1 min read
Michael Saylor to step down as MicroStrategy CEO as the software maker records $917 million charge on bitcoin investment
Saylor will become MicroStrategy's executive chairman and said he'd focus more on the company's bit…
Carla Mozée
1 min read
MicroStrategy has borrowed $205 million to buy more bitcoin as CEO Michael Saylor remains committed to the cryptocurrency
The three-year loan "effectively turned our bitcoin into productive collateral," said MicroStrategy…
Carla Mozée
1 min read
Bitcoin bull Michael Saylor says MicroStrategy will continue to use cash, debt, or equity to keep adding to its trove of bitcoin
MicroStrategy's stash of bitcoin is now worth around $7 billion after an additional 9,000 coins wer…
Carla Mozée
2 mins read
MicroStrategy's Michael Saylor accused of dodging $25 million in DC tax after he showed off his luxury penthouse flat on Facebook
The District of Columbia's AG alleges Michael Saylor dodged $25 million in district taxes by claimi…
George Glover
3 mins read
It's not too late to invest in crypto, because adoption could only now be nearing a 'hyper-inflection point,' Wells Fargo says
Investors who fear they may have missed out on the cryptocurrency boom might be wrong, according to…
Shalini Nagarajan
2 mins read
KPMG Canada is adding bitcoin and ether to its balance sheet as crypto moves further towards the mainstream
KPMG did not disclose how much the crypto investment was but highlighted its purchase of carbon off…
Isabelle Lee
1 min read
Bitcoin bull Michael Saylor reportedly owns about $866 million of the cryptocurrency – and says the token is headed to $6 million
He's never sold any of his tokens, and in general, he doesn't "believe you should sell your bitcoin…
Natasha Dailey
2 mins read
Michael Saylor says bitcoin doesn't need Warren Buffett's support — and notes Microsoft has thrived without the investor's backing
The MicroStrategy CEO and bitcoin bull argued the cryptocurrency can flourish with only a little in…