Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC
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.In its filing with the U.S. Securities and Exchange Commission (SEC), Microstrategy clarified that the 2,500 coins were acquired between Nov. 1 and Dec. 24 by its wholly-owned subsidiary Macrostrategy. (Btcoin.com)
MicroStrategy Will Launch Bitcoin Lightning Enterprise Plugin In 2023
Michael Saylor, executive chairman of MicroStrategy, said on Dec. 28 that his company will introduce a Lightning Network-based product in 2023.
MicroStrategy Sells Off Bitcoin for First Time—Then Buys Even More
MicroStrategy sold 704 BTC for about $11.8 million on December 22, the company wrote today in a filing with the United States Securities and Exchange Commission (SEC)—a move that may benefit the company in terms of tax liabilities, given how much value BTC has lost since MicroStrategy first began acquiring the cryptocurrency in 2020.
MicroStrategy Buys the Dip: Increases Bitcoin Holdings to 132,500 BTC
While investors were panicking about the market crash induced by the FTX’s sudden collapse, independent publicly-traded business intelligence company MicroStrategy was busy buying the dip, increasing its total Bitcoin holdings to 132,500 BTC.
MicroStrategy Sold Bitcoin Worth $11.8 Million for Tax Benefits
MicroStrategy sold bitcoin for the first time since it began to hold the asset on its corporate balance sheet, liquidating 704 bitcoin worth $11.8 million at the time of sale, according to a Form 8-K filing on Wednesday.
Michael Saylor's MicroStrategy Buys Another 2,395 bitcoin for $42.8M
Technology company MicroStrategy (MSTR) has added to its bitcoin stockpile, purchasing approximately 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21 through its MacroStrategy subsidiary, according to an SEC filing.
MicroStrategy Bought Bitcoin To Avoid Liquidation, Peter Schiff Reveals
Bitcoin detractor and economist Peter Schiff has taken another swipe at the digital asset and MicroStrategy, a public company that is heavily invested in the digital asset. Schiff has always been vocal about his disdain for bitcoin and has now turned his attention to MicroStrategy and its former CEO, Michael Saylor.
Microstrategy Founder Reiterates BTC Is the Only Stable, Trusted, and Efficient Cryptocurrency
Michael Saylor, the founder of Microstrategy, the largest-known institutional holder of Bitcoin continues to flag the opinion that the leading crypto asset BTC, is the only stable, trusted, and efficient cryptocurrency.
MicroStrategy’s Saylor Urges the SEC to Shut Down Ripple, Says ETH and XRP Are Unregistered Securities
In a recent podcast session, Michael Saylor, the founder and former CEO of Microstrategy, showed support for the United States Securities and Exchange Commission’s (SEC) standpoint regarding Ripple and XRP.
How Much MicroStrategy Is at Risk From the Fall of Bitcoin’s Price?
Given that now the company’s largest asset by far is the amount of Bitcoin it owns, it is estimated that if the cryptocurrency declines to around $13,000, Microstrategy’s intrinsic value will be negative.
