Michael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin
The firm bought over 12K bitcoin for $347 million in the last two months. Source
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MicroStrategy
MicroStrategy Shares Give Investors Better Crypto Exposure than Coinbase
The report says that macro drivers favor MicroStrategy shares in terms of the de-dollarization of the world economy. The German investment bank Berenberg said that investors seeking exposure to cryptocurrencies are better served if they buy the shares of MicroStrategy than those of Coinbase. A Monday report revealed to the media said
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MicroStrategy endorses ‘fair value model’ proposal for reporting crypto holdings
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MicroStrategy, the largest public holder of bitcoin, has joined the growing list of supporters backing proposed rule changes by the financial accounting standards board (FASB), which seeks to eliminate impairment charges for companies holding cryptocurrencies. As of
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MicroStrategy Executive Chairman Michael Saylor Says Firm Exploring Use Cases for Bitcoin Ordinals
MicroStrategy’s Michael Saylor recently suggested that Bitcoin Ordinals could immensely benefit the crypto ecosystem. MicroStrategy Incorporated (NASDAQ: MSTR) co-founder and Executive Chairman Michael Saylor has discussed his company’s work with Bitcoin Ordinals. In a media session, Saylor revealed that his company was exploring how the Bitcoin-backed non-fungible tokens (NFTs) could lead to software innovation. According to
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Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter. Source
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MicroStrategy Is Uniquely Positioned to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target, implying 40% potential upside. Source
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MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
MicroStrategy's infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023.Today, MicroStrategy's stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It mirrored Bitcoin's 90% YTD gains, maintaining a strong positive correlation with the top cryptocurrency.MSTR daily price
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ETH At $1900 Ahead Of Ethereum’s Shapella Upgrade, Bitcoin Above $30K Pumps Profit For MicroStrategy
Summary: Ethereum’s native asset ETH traded around $1900 on Tuesday hours ahead of the Shapella update that developers promise will unlock staked Ether.The update scheduled for April 12 at 11 pm UTC is Ethereum’s most important technological upgrade since the Merge.Bitcoin rose above $30,000 for the first time since June
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MicroStrategy Sets to Profit from Bitcoin Investment as BTC Price Rally
The number 1 cryptocurrency in the world has amassed over 82% gains since the beginning of the year. MicroStrategy (NASDAQ: MSTR) is a major beneficiary in the latest Bitcoin rally that pushed the crypto asset’s price to a new level. While the crypto market was in the red, many crypto-related stocks.
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MicroStrategy Bets Bigger On Bitcoin With $29 Million BTC Scoop
Summary: MicroStrategy added to its Bitcoin coffers with a $29.3 million BTC purchase, per SEC filing from April 4.The business intelligence firm accumulated 1,045 at an average price of $28,016 per BTC since March 24.Michael Saylor’s firm is the single largest corporate BTC holder with 140,000 tokens, around 0.66% of
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