MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate’s Woes
The stocks of business software company MicroStrategy (MSTR) and bitcoin miner Marathon Digital (MARA) fell close to 5% on Thursday after their lender Silvergate's (SI) shares plunged more than 40% amid large-scale layoffs and a near $200 million write-off related to acquisition of Facebook's former stablecoin project Diem.
Michael Saylor Reveals Why MicroStrategy Sold $11 Million Worth of Bitcoin on December 22
Michael Saylor, founder and former CEO of MicroStrategy, has highlighted the reason behind the sale of Bitcoin (BTC) initiated by the company towards the end of 2022.
Could MicroStrategy’s Bitcoin Buys Prove to Be Bitcoin’s Most Important Moment?
Is Michael Saylor spreading the word from true belief, or is he a shill looking to gain immense wealth and notoriety? Will other corporations follow Microstrategy's lead?
Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
As reported earlier, MicroStrategy purchased 2,395 bitcoins worth about $42.8 million between November 1, 2022, and December 21, 2022. The company then sold 704 BTC for about $11.8 million on December 22 before purchasing another 810 BTC two days later.
Peter Schiff Says ‘Saylor’s Bitcoin Obsession’ Will Drive MicroStrategy Out Of Business
Peter Schiff is again criticizing MicroStrategy’s continuous Bitcoin accumulation, this time saying it would put the company out of business.
Microstrategy — The Bubble That Burst
The Microstrategy bubble popped in 2022. This time, the stock price started rising after Saylor evolved into one of the top Bitcoin advocates and invested almost all the cash/profits of Microstrategy into Bitcoin.
Biggest Crypto CEO Exits of 2022: Jesse Powell of Kraken, Michael Saylor of MicroStrategy, SBF of FTX
As the crypto market declined in 2022, the departures began en masse. Several high-profile CEO stepped down from their respective roles at the head of crypto-centric firms in 2022, including Jesse Powell of Kraken, Michael Saylor of MicroStrategy, Alex Mashinsky of Celsius, and Sam Bankman-Fried of FTX.
MicroStrategy Sells Bitcoin For The First Time
MicroStrategy sold bitcoin (BTC) for the first time since it began its policy of buying the cryptocurrency in 2020.
Microstrategy Bitcoin Purchase Divides the Crypto Community
Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move. Many commended the move, while some brought up some potential negative effects. Some think this new action could potentially spark a new bottom price for the top digital asset.
MicroStrategy to Offer Bitcoin Lightning Solutions in 2023
MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023. In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity solution aimed at corporate websites. (Cointelegraph)
