Bitcoin plunge spells trouble for Michael Saylor’s MicroStrategy

Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy’s balance sheet as part...

MicroStrategy to borrow against its bitcoin holdings to buy more of the cryptocurrency

MicroStrategy has been conducting a strategy for some time of using its data analytics business to fund the purchase of bitcoin. Now it’s taking that strategy one step further — it’s borrowing, agains...

Stocks making the biggest moves midday: Boeing, Disney and more

A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters Check out the companies making headlin...

Bank that bought assets from Zuckerberg’s Diem plans to launch stablecoin

Silvergate Capital CEO Alan Lane told CNBC on Monday the bank holding company hopes to launch a stablecoin by the end of this year, following its acquisitions of assets and intellectual property from ...

Moderna, Zynga, Lululemon, Tilray and more

Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. ...