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Bitcoin Hits One-Week Highs, Nears $30K After MicroStrategy Announces Plans to Sell Stock, Buy More BTC
2.8.2023
Bitcoin (BTC) hit one-week highs in the $29,700s on Tuesday after US software company MicroStrategy signaled intent to add significantly to its BTC holdings.
MicroStrategy announced via a filing with the US Securities and Exchange Commission (SEC) that they plan to sell as much as $750 million...
MicroStrategy’s Bitcoin conviction 'strong' as it returns to profit in Q1: CEO
2.5.2023
The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023
Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC
27.3.2023
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate...
MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin
27.3.2023
The company in March 2022 had borrowed $205 million from Silvergate Bank
MicroStrategy's Bitcoin Bet Backfires: Reports Massive Fourth Quarter Loss – Here's What You Need to Know
3.2.2023
Bitcoin (BTC) bull Michael Saylor’s big bet may be about to backfire for his company MicroStrategy, after the firm on Thursday reported a massive loss for the fourth quarter of last year.
The net loss for MicroStrategy for the fourth quarter ended up at $249.7m, with the number dragged down...
Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC
29.12.2022
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. Microstrategy Acquires More Bitcoin...
Crypto will be regulated as securities — ICE boss and Senator Warren
7.12.2022
Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto
Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price 'halve' before the halving?
22.11.2022
Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023
Why MicroStrategy Has Got Its Bitcoin Accumulation All Wrong as it Lowers Buy Amounts
22.9.2022
MicroStrategy has recently made its smallest Bitcoin purchase since it began accumulating Bitcoin on its balance sheet, a move that could signal financial trouble for the enterprise software company.
The company founded by Bitcoin evangelist Michael Saylor revealed in a September 19 SEC...
Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC
20.9.2022
According to Microstrategy’s executive chairman Michael Saylor, his company has recently purchased 301 bitcoin for $6 million at an average price of $19,851 per coin. Saylor detailed that the firm’s balance sheet now holds 130,000 bitcoins as the company’s stash is the largest...
Michael Saylor slams "misinformation" about Bitcoin's energy use
15.9.2022
Michael Saylor claims Bitcoin mining could become a clean, profitable, and modern industry that generates hard currency for remote locations in the developing world
Michael Saylor got wrecked, but Bitcoin investors needn't panic
1.9.2022
Cryptocurrency’s real-world utility is growing, users are increasing, and plans are proceeding apace — despite events that have provoked some temporary price challenges
MicroStrategy’s Saylor Says Stepping Down as CEO Will Let Him Focus More on Bitcoin
3.8.2022
The bitcoin (BTC)-keen American software firm MicroStrategy could pivot even further toward BTC – despite the announcement that its co-founder Michael Saylor will step down as CEO on August 8....
Read More: MicroStrategy’s Saylor Says Stepping Down as CEO Will Let Him Focus More on Bitcoin
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days
30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...
Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins
30.6.2022
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity. Microstrategy Buys the Dip The Nasdaq-listed software company...
MicroStrategy Is Back - Saylor Buys the Dip, Adds 480 Bitcoin for USD 10M
29.6.2022
Michael Saylor’s company MicroStrategy has taken advantage of the currently low bitcoin (BTC) price by adding another BTC 480 to its coffers.
The bitcoin purchase, worth around USD 10m, was made at an average price of USD 20,817 per coin, above the market price at the time of writing (12:20 UTC)...
MicroStrategy shareholders letter: We’ll 'vigorously pursue' more BTC buys
15.4.2022
MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor
MicroStrategy subsidiary adds another 4,197 BTC to balance sheet
5.4.2022
The business intelligence firm now owns a total of 129,218 BTC
Financial Markets Not Ready for Bitcoin-Backed Bonds – MicroStrategy CEO
31.3.2022
The financial markets of the world are not ready for bonds backed by bitcoin (BTC) yet, according to the CEO of the enterprise software firm MicroStrategy, Michael Saylor. However, El Salvador’s planned “volcano bonds” could be a different story....
Read More: Financial Markets Not Ready...
Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC
2.2.2022
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency