MicroStrategy, a prominent player in the realm of business intelligence software, is set to undergo a significant transformation. The company has unveiled plans to rebrand itself as a Bitcoin development firm, capitalizing on its successful foray into the world of cryptocurrency investment. Michael Saylor, co-founder and executive chairman of MicroStrategy, emphasized the organic nature of […]
In a bold chess move that echoed through the financial world, MicroStrategy, a trailblazing software company, didn’t just dip its toes into the cryptocurrency waters—it made waves. In late December 2023, the company committed over $615 million to acquire 14,620 bitcoins, catapulting its total bitcoin holdings to a staggering 189,150, with a market value exceeding […]
MicroStrategy, a prominent software company specializing in business intelligence solutions, has reaffirmed its commitment to Bitcoin (BTC) with a substantial investment. On Wednesday, the company disclosed the acquisition of 14,620 BTC, valued at approximately $615.7 million. This move elevates MicroStrategy’s total Bitcoin holdings to an impressive 189,150 BTC, worth around $5.9 billion. Michael Saylor, the […]
Bitcoin just got a big, fat vote of confidence from MicroStrategy, and the cryptocurrency market is buzzing with excitement. MicroStrategy, the software company co-founded by Michael Saylor, a crypto evangelist, has prepaid its $205 million loan from Silvergate Bank and increased its Bitcoin holdings to a whopping 138,955 BTC. MicroStrategy repaid its $205M Silvergate loan […]
In yet another Bitcoin (BTC) acquisition strategy, MicroStrategy has filed a registration statement with the US Securities and Exchange Commission (SEC) to launch an “‘at the market’ securities offering for flexibility to sell up to $1 billion of its class A common stock over time.” The firm’s class A common stock trades on the Nasdaq […]
