A prospectus for MicroStrategy was filed with the SEC on Friday. The company has contracted investment bank Cowen & Co to sell $500M stocks. MicroStrategy (MSTR), a publicly listed software firm, now has over 129,000 BTC in its reserves, making it the biggest corporate holder of Bitcoin. One month after
D.C sued Michael Saylor for allegedly claiming other residences. Michael Saylor failed to pay more than $25 million in income taxes. Washington, D.C. sued MicroStrategy’s co-founder and Executive Chairman Michael Saylor on Wednesday for tax fraud. District of Columbia claiming that he failed to pay over $25 million in income
Michael Saylor will serve as executive chairman of MicroStrategy. The company is facing a loss of $1.062 Billion, as per the recent report. According to the recent announcement from the American-based business intelligence provider platform, MicroStrategy, the company’s CEO, Michael Saylor is resigning from the current position to serve as
It currently owns 129,699 BTC at an average price of $30,664. the Bitcoin price today is $19,369.60 USD. A further 480 BTC worth $10 million was acquired by MicroStrategy’s CEO Michael Saylor at an average price of $21,817 per bitcoin. It currently owns 129,699 BTC at an average price of
The price of Bitcoin temporarily fell below $20,000 on Wednesday. a net unrealized loss of roughly $1.4 billion is lying in the company’s BTC hoard. Reiterating CEO Michael Saylor’s belief in Bitcoin (BTC), MicroStrategy has increased its BTC holdings, despite recent volatility. MicroStrategy stated that it had purchased an additional
Bitcoin is up 5.05% in the last 24 hours. According to Saylor, bitcoin will reach its tipping point in four years. In a recent CNBC news broadcast, MicroStrategy CEO Michael Saylor indicated that now is a great time to acquire bitcoin. The cryptocurrency market has been in disarray recently, with
Billionaire Michael Saylor’s MicroStrategy acquired 4,827 bitcoins. MicroStrategy shares fell on June 13 as a result, which came as no surprise. The price of bitcoin has dropped to its lowest point since 2020. They are trading for roughly $22,513, down more than 7% in the previous 24 hours. According to
BTC sumps down below $24K. MicroStrategy’s BTC holdings at $1 Billion loss. MicroStrategy’s stocks fell by 25%. As every minute passes by, so much worse gets the crypto market to date. The entire market is crashing down at an exponential rate. Also, the major game players like the Bitcoin (BTC)
Bitcoin went below $24,000 and lost 12% of its value in the last 24 hours. BTC attained a new low from December 2020. The king of cryptocurrency Bitcoin almost lost 65% of its value from its all-time high of $68,789 which is recorded in November 2021. 40% of the holders
MicroStrategy’s stock fell to a 20-month low of $140.20 in May. MicroStrategy accumulates large bitcoin holding more than 129,000 BTC. American-based company MicroStrategy a business intelligence now at a loss of $330 million on its Bitcoin investment. MicroStrategy’s most recent acquisition, disclosed in April, was 4,167 BTC valued at $190.5
