Michael Saylor, American business executive and CEO of MicroStrategy, has revealed that his business intelligence (BI) firm anticipated and made provisions for volatility before adopting a Bitcoin str...
Tag: MSTR
Fears of MicroStrategy Margin Call Mount as Bitcoin Slumps
Text size MicroStrategy would be forced to add to collateral if Bitcoin slips below $21,000. Dreamstime MicroStrategy , the business-intelligence software maker that borrowed money to invest in Bitcoi...
MicroStrategy Bitcoin (BTC) Losses At $1 Billion, MSTR Stock Plummets 25%
Business Intelligence firm MicroStrategy (NASDAQ: MSTR) which has built a huge Bitcoin position on its balance sheet has seen the valuation of its holdings eroding by 25%. As of its latest filing with...
Ethereum close to its major upgrade, but why has it fallen more than bitcoin?
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m w...
Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
MSTR Rises While Bitcoin Dips, is the Decoupling Happening – Trustnodes
The bitcoin proxy Microstrategy rose 9% on Thursday while bitcoin itself had a hissy fit, a bounce, and in the end basically didn’t move at all to now still trade at about $29,000. Is this a sign of a...
MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?
Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like M...
Mark Cuban: ‘Crypto is going through the lull that the internet went through’
Billionaire entrepreneur Mark Cuban thinks that cryptocurrency is on the same downswing that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low as U,S. stocks continued to ...
Cardano leads rises as largest cryptocurrencies start mixed
The largest cryptocurrencies were mixed during morning trading on Monday, with Cardano ADAUSD seeing the biggest move, rising 2.96% to $1.21. Polkadot DOTUSD led the decreases with a 2.79% drop to $22...
MicroStrategy ($MSTR) Buys Additional 4,167 Bitcoins (BTC)
MicroStrategy, the software firm owned by Bitcoin (BTC) proponent Michael Saylor, purchased an additional 4,167 BTC on Tuesday, a recent filing showed. The firm has the largest BTC holdings among any...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.
Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...
Largest cryptocurrencies mixed as Cardano rises
The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano ADAUSD, -0.12% seeing the biggest move, rallying 2.82% to 85 cents. Polkadot DOTUSD, +0.62% led the decreases w...
Tesla’s Elon Musk Says He’s Not Selling His Crypto Holdings. Bitcoin Is Up.
Text size Bitcoin Dreamstime Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell. Dogecoin (D...
Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...
MicroStrategy ($MSTR) Buys Another 660 Bitcoins; Over $1 Billion Profit in Bitcoin So Far
MicroStrategy CEO Michael Saylor today announced that his firm has purchased an additional 660 bitcoins for ~$25.0 million in cash today. MicroStrategy bought these Bitcoin at an average price of ~$37...
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...
SEC Rejects MicroStrategy’s Bitcoin Accounting as MSTR Shares Hit 1-Year Low
Think MicroStrategy, the Bitcoin-hoarding software company, did well in 2021 as the price of BTC went from $29,000 to as high as $68,000? Not on paper. And not on the stock market today either as its ...