MicroStrategy, the leading business intelligence company, continues to captivate the crypto community with its bold Bitcoin investments, as evidenced by its recent quarterly report released for Q4 2023. Emphasizing the above statement, it disclosed a remarkable increase in its Bitcoin holdings alongside a decrease in revenue. The firm’s Bitcoin reserves
Before the U.S. SEC recently approved ETFs which allowed direct investing in Bitcoin, MicroStrategy co-founder Michael Saylor sold shares in a number of different offerings. In the days leading up to the SEC approval (January 2–January 10), Saylor sold 3,882–5,000 shares, according to Bloomberg data. This was Saylor’s first sale
Michael Saylor, executive chairman of MicroStrategy, has started selling $216 million worth of shares in his business over the course of four months. He had previously said that some of the proceeds will go into purchasing additional Bitcoin. Saylor revealed in a statement with the U.S SEC on January 2
Amidst mounting speculation about the possibility of a spot Bitcoin ETF being approved in the U.S, business intelligence company MicroStrategy continues to accumulate Bitcoin. MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per #bitcoin. As of 12/26/23, @MicroStrategy now hodls 189,150 $BTC
MicroStrategy’s approach to Bitcoin has been successful so far. After implementing this method , MicroStrategy’s (MSTR) stock price skyrocketed. Michael Saylor, Chairman and Founder of the organization, published a chart snapshot that showed how MSTR has performed since August 10, 2020, when MicroStrategy started investing in Bitcoin. Stocks in MSTR
Michael Saylor, the chairman of MicroStrategy has announced the purchase of a further 16,130 BTC for about $593.3 million, or $36,785 per Bitcoin. According to the report, the corporation has grown its Bitcoin holdings to 174,530 BTC as of November 29. These holdings were bought for over $5.28 billion, or
6,067 bitcoins acquired since the end of Q2 for $167.0 million, or $27,531 per bitcoin 158,400 bitcoin holdings at a total cost of $4.69 billion, or $29,586 per bitcoin, as of October 31, 2023 Total Revenues of $129.5 million, up 3% year-over-year Software Licenses Revenues of $45.0 million, up 16%
Michael Saylor led MicroStrategy based in the United States, has recently acquired 5,445 Bitcoin (BTC), making it one of the largest institutional investors of BTC. According to the latest report from the company’s chairman, Michael Saylor, the most recent investment was made at an average price of $27,053 per Bitcoin,
Microstrategy, the software giant is set to release its balance sheet report soon. Meanwhile, investors are wondering if Bitcoin (BTC) still leads their holdings given Bitcoin’s recent price drop. Two other tokens that have gained attention in the crypto space are Ripple (XRP) and Pomerdoge (POMD). While Ripple’s SEC case
MicroStrategy, the software developer with a massive Bitcoin (BTC) stash, intends to raise up to $750 million by selling more stock. The company plans to utilize the fund to buy additional Bitcoin, further solidifying its position as one of the largest corporate holders of BTC in the United States. The
