Reevaluating MicroStrategy Flaws Amidst Bitcoin Dip
This week’s drop in the price of bitcoin makes people wonder again if Michael Saylor will have to sell some or all of his company’s huge holdings at some point. Michael Saylor, the Executive Chairman of MicroStrategy (MSTR) and a well-known bitcoin bull, told CNBC that he won’t change his plan to buy and hold […]
BTC Could Experience Surge If MicroStrategy CEO Steps Down
Michael Saylor, a crypto evangelist, is stepping down as CEO to a deputy and this might positively affect the price of Bitcoin. One of the most well-known proponents of bitcoin, Michael Saylor, will hand up leadership of the company to a deputy. Michael Saylor resigns as MicroStrategy’s CEO Michael Saylor, who has been the chief […]
MicroStrategy add 480 BTC to its treasury
Following the purchase of 480 BTC by MicroStrategy, the business intelligence firm has increased Bitcoin holdings to 129,699 BTC at an average price of $30,644, in spite of the crypto bear market. In spite of recent setbacks, business analytics company MicroStrategy has increased its holdings of Bitcoin (BTC), reiterating CEO Michael Saylor’s strong perspective on […]
Here’s Why MicroStrategy holds Bitcoin at $1 Billion loss
MicroStrategy, a software company, just announced a net loss for the first quarter of 2022, which appears to be majorly due to its Bitcoin holdings. For the first quarter, the company recorded a net loss of $170 million, or $11.58 per share, down from $183.2 million last year. The majority of the loss was due […]
MicroStrategy Purchases $190 Million Worth of Bitcoin
MicroStrategy (MSTR), a bitcoin-accumulating business intelligence software firm has announced the purchase of another 4,167 bitcoins for $190.5 million. According to a statement released by MicroStrategy on Tuesday, the Tysons Corner, Va.-based firm paid an average of $45,714 per bitcoin. The purchases took place between February 15 and April 4. The company now has 129,218 bitcoins […]