Gamza Khanzadaev MicroStrategy founder confirms his bullish stance on BTC, while company’s stocks soar 23% since beginning of year Disclaimer: The opinion expressed here is not investment advice...
Tag: MicroStrategy
MicroStrategy sells 13.5% stake to trading firm Group One
Trading firm Group One bought a 13.5% stake in MicroStrategy. The firm scooped up 1,261,744 shares of Class A common stock, according to a document filed with the U.S. Securities and Exchange Co...
Coinbase, MicroStrategy and Other Crypto Stocks Fly. Why Gains Could Continue.
Shares in companies exposed to the cryptocurrency space tore higher on Monday. Many of these stocks are beaten down and widely bet against by traders, which means that gains could be accelerated throu...
MicroStrategy Pursues Long-Term BTC Strategy: Employed Short-Term sale for Tax Benefit
MicroStrategy sells some of its BTC for tax benefits. Sold nearly 704 BTC at the then rate of $16,776. They have previously vouched never to sell. Microstrategy continues to love Bitcoin, even though...
MicroStrategy Plans Bitcoin Lightning Network for 2023
American entrepreneur and co-founder of MicroStrategy Michael Saylor has revealed that his company is planning to roll out Bitcoin Lightning payment solutions in 2023. Saylor made a brief statement ab...
Tax attorney breaks down the MicroStrategy Bitcoin sale
Business intelligence firm MicroStrategy made headlines ahead of New Year’s Eve as the sale of a portion of its Bitcoin (BTC) holdings drew the attention of industry experts and critics. A regulatory ...
Michael Saylor Discloses Why MicroStrategy Sold Over $11.8M Worth of BTC Toward the end of 2022
MicroStrategy purchased 129,218 Bitcoin in May 2022. The firm sold around 704 Bitcoins for tax purposes. The firm again acquired 810 Bitcoins in December 2022. The firm strategy MicroStrategy Incorp...
Bitcoin Firebrand Michael Saylor Reveals Why MicroStrategy Sold Over $11,000,000 in BTC Before End of 2022
MicroStrategy founder and executive chairman Michael Saylor is explaining why the software company sold some Bitcoin (BTC) despite previously stating that the firm will not sell its crypto holdings. I...
Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls
Crypto prices fell over the past week as dogecoin led the losses. Crypto stocks traded higher for the most part, while MicroStrategy declined. Bitcoin was changing hands for $16,550 at 10 a.m. ...
MicroStrategy Shares Sink to Lowest Level Since 2020 Following Bitcoin Sale Revelation
MicroStrategy saw its shares plummet to their lowest level for more than two years after a recent BTC filing. Shares of MicroStrategy Inc (NASDAQ: MSTR) recently hit their lowest level since August 20...
Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes. Although the firm later purchased more bitcoins, the sale d...
MicroStrategy’s Bitcoin Wash Trade is Still Legal… For Now
The waning days of 2022 may be US crypto traders’ last chance to take advantage of a tax loophole that doesn’t exist in traditional finance: wash trading. At least if certain politicians have their wa...
Peter Schiff Mocks Hodlers After MicroStrategy Sells 700 BTC
Peter Schiff says that 2023 will test the staying power of Bitcoin hodlers after Michael Saylor sells 700 BTC for tax relief. Bitcoin critic and gold bug Peter Schiff mocked Bitcoin hodlers optimistic...
MicroStrategy sold its Bitcoin for good reason
Some eyebrows were raised when Microstrategy sold a part of its Bitcoin holdings, even though the company then bought more. A tax loophole was the reason. Sell at a loss then immediately repurchase Cr...
MicroStrategy to Launch Software Apps Powered by BTC Lightning Network in 2023: Michael Saylor
Yuri Molchan Michael Saylor has teased new BTC Lightning Network powered by MicroStrategy next year Chinese crypto journalist and crypto blogger Colin Wu has tweeted that during recent Twitter Spaces,...
Peter Schiff Says ‘Saylor’s Bitcoin Obsession’ Will Drive MicroStrategy Out Of Business
– Advertisement – Peter Schiff is again criticizing MicroStrategy’s continuous Bitcoin accumulation, this time saying it would put the company out of business. In a tweet on Thursday, bitc...
MicroStrategy Buys More BTC, FTX Revelations and More Contagion: This Week’s Crypto Recap
The last week of 2022 ends with a bang but not in terms of price action, which remains as dull as possible. However, it was marked by multiple events, so let’s dive in. First things first, Michael Say...
MicroStrategy Sells Bitcoin For the First Time
It’s a big surprise. MicroStrategy, the company of Michael Saylor, one of the most fervent evangelists of Bitcoin, has sold the king of cryptocurrencies. The move was made recently, according to...
MicroStrategy Opts For Bitcoin Wash Trading Loophole, Tax-Harvesting
As the deadline for tax-loss harvesting looms, MicroStrategy offloaded more than 700 bitcoins last week, selling the tokens at a loss with the expectation of lowering its tax bill in the future, accor...
MicroStrategy To Provide Bitcoin Lightning Network Solutions
Bitcoin News MicroStrategy has recently added 2,500 Bitcoins despite falling prices of Bitcoins. Saylor said that CMOs can utilize the Lightning Network. Michael Saylor, executive chairman of MicroStr...
MicroStrategy Hit Lowest Since 2020 After Revealing Sale
(Bloomberg) — MicroStrategy Inc. shares touched the lowest level since August 2020 after the enterprise-software firm, better known in recent years as the largest corporate buyer of Bitcoin, dis...
MicroStrategy Sells Portion of Bitcoin Holdings for the First Time
Alex Dovbnya MicroStrategy has added more coins to its stockpile, but it sold some for first time earlier this month Business intelligence firm MicroStrategy recently announced that it had acquired ab...
Microstrategy Amasses Additional 2500 BTC; Total Count Reaches 32,500 Bitcoin
MicroStrategy is among the top companies that hold such massive amounts of Bitcoin. Recently, the company added 2,500 BTC to their total bitcoin holding, which now stands at 132,500 BTC. On December ...
Saylor’s MicroStrategy to Sail High Via BTC Lightning Solutions in 2023
Michael Saylor, founder and executive chairman of MicroStrategy (MSTR), discussed his organization’s strategy to introduce software and solutions powered by the Bitcoin Lightning Network in 2023. Say...
MicroStrategy to Introduce Bitcoin Lightning Applications Next Year
MicroStrategy’s Executive Chairman – Michael Saylor – said the company intends to roll out Bitcoin Lightning Network-powered solutions and applications next year. The business intelligence firm previo...
MicroStrategy to release solutions powered by the Bitcoin Lightning Network in 2023
Michael Saylor, the executive chairman of MicroStrategy, in a Twitter Space on Dec. 28, revealed that the enterprise intelligence company intends to introduce software and solutions powered by the Bit...
Michael Saylor outlines Microstrategy Lightning Network plans
In a Twitter Spaces chat on Wednesday, Michael Saylor outlined how Microstrategy can contribute to the Bitcoin and Lightning ecosystem. In 2023, MicroStrategy will unveil software solutions and applic...
MicroStrategy Bitcoin purchase divides the crypto community
Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move. In a recent tweet, MicroStrategy’s ...