TL;DR Breakdown • CFO clarifies that MicroStrategy will not sell its Bitcoin holdings.• The finance company will release the complete earnings report in February. MicroStrategy announced that it would...
Tag: MicroStrategy
Third-largest Bitcoin whale surpasses MicroStrategy holdings
The cryptocurrency market has been crashing, and while short-term traders are staying away, long-term traders are taking advantage of the dip to accumulate more. The third-largest Bitcoin whale addres...
MicroStrategy CFO Confirms Buy and Hold Bitcoin Strategy Amid Market Turbulence
Phong Le – Chief Financial Officer of MicroStrategy – revealed that his firm will continue investing in bitcoin despite the recent plunge of the asset’s USD value. In line with the prices of most cryp...
MicroStrategy Will Continue to Put Money Into Bitcoin Despite Drop Says CFO
Despite the recent crypto market decline, MicroStrategy will not stop purchasing more bitcoin (BTC). Phong Le, MicroStrategy CFO, said in a Wall Street Journal report today that the company’s position...
Coinbase, MicroStrategy Stocks Tank Alongside Crypto Market
Key Takeaways Companies with cryptocurrency dealings have sustained significant losses in market value today. Major losers include Coinbase, which has hit its all-time low, and MicroStrategy, the valu...
Sayler’s MicroStrategy will just buy more bitcoin
According to Michael Sayler, CEO of MicroStrategy, his company will buy more bitcoin as it continues to go down in price. He’s confident that Microstrategy’s balance sheet does not now rely on currenc...
MicroStrategy Will Maintain Its Diamond Hands Despite Bitcoin Price Threatening To Crash Further — Michael Saylor ⋆ ZyCrypto
Advertisement     Saylor says MicroStrategy is not going to sell any of its Bitcoin. He believes that the digital asset will generate huge returns in the long run for ...
MicroStrategy fails to adhere to SEC’s accounting practices in BTC purchases
MicroStrategy, a business intelligence firm that has become popular for its heavy investments in Bitcoin, is on the wrong side of the US Securities and Exchange Commission (SEC). According to the regu...
Is Microstrategy a buy after Friday’s crash?
Microstrategy Inc. (NASDAQ:MSTR) took a hit on Friday after the SEC announced their objection to the company’s method of Bitcoin reporting. In a communique to Microstrategy, the SEC stated that they w...
Here’s What’s Behind the Crypto Market Downturn in 2022, According to MicroStrategy CEO Michael Saylor
Bitcoin (BTC) bull and MicroStrategy CEO Michael Saylor is analyzing the factors that he believes are driving the crypto market downturn at the start of a new year. In a new Bloomberg interview, Saylo...
MicroStrategy (MSTR) Stock On Free Fall As SEC Rejects Its Bitcoin Accounting Strategy
The U.S. Securities and Exchange Commission (SEC) is adding more fuel to the already widespread fire in the broader cryptocurrency market. On Friday, January 21, the SEC rejected MicroStrategy’s Bitco...
MicroStrategy Plummets as SEC Rejects Its Bitcoin Accounting
(Bloomberg Law) — MicroStrategy Inc. can’t strip out Bitcoin’s wild swings from the unofficial accounting measures it touts to investors, the SEC said. Most Read from Bloomberg Bad news for the ...
Think You’re Down? MicroStrategy Has Lost $4B in Paper Profit to Bitcoin Crash
November 2021, now seems like a long history for crypto traders. At a certain point in that month, bitcoin, the world’s leading cryptocurrency by market cap, was sold at $69,000 per unit. However, due...
Microstrategy, Block, PayPal Stocks Stumble Alongside Crypto Rout
The cryptocurrency market has been in freefall in recent weeks. Per CoinGecko, Bitcoin and Ethereum are down 9.6% and 14.2% in the last seven days. Other prominent cryptocurrencies—like Solana and Do...
MicroStrategy Not Selling its $5B Bitcoin Stash, Says CEO Michael Saylor
Michael Saylor, the CEO of the leading publicly traded business intelligence and software company MicroStrategy, revealed that the company is not selling its Bitcoin stash. When questioned if he is te...
MicroStrategy $5 Billion Bitcoin Stash Is Not Getting Sold, Says Company CEO Michael Saylor
Arman Shirinyan Despite sell-off on crypto market, MicroStrategy does not plan on selling any of its Bitcoins Despite the Bitcoin and crypto market correction that led to the 30-40% price drop of the ...
What’s In Store For MicroStrategy Going Forward? CEO Michael Saylor Reveals
MicroStrategy has been topping its bitcoin holdings in the last year and is now the public company with the largest bitcoin holdings in the world. Presently, the firm holds over 124K BTC on its balanc...
Using Microstrategy CEO to Steal From Hopeful Hodlers
A new giveaway scam has just launched and is reeling in a few unsuspecting people, so once again, we remind our reader to be vigilant and not to fall for these. New Ways to Lose Cryptos This time its ...
MicroStrategy Just Bought a Lot More Bitcoin
Last Thursday, MicroStrategy – the billion-dollar software firm that became one of bitcoin’s biggest institutional supporters in 2020 – announced that it purchased a lot more bitcoin now that the curr...
MicroStrategy Buys 1,914 Bitcoins For $94.2 Million
MicroStrategy Continues To Execute Its Bitcoin Strategy In a recent 8-K filing, MicroStrategy, a company which provides enterprise analytics software and is also famous for buying Bitcoin, stated that...
MicroStrategy Says It Bought More Bitcoin During December’s Dip
(Bloomberg) — MicroStrategy Inc. added to its Bitcoin cache, purchasing more than $94 million worth of the cryptocurrency in December as the coin retreated from its all-time high reached a month...