MicroStrategy


Finance

MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M

To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Finance

MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark

Early adoption of new accounting standards means the company could report a gain of more than $300 per share for the first quarter and meet the remaining requirement for index inclusion, the report said.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Markets

MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

The bitcoin price implied by MicroStrategy’s share price is $177K, two and a half times the spot price of the cryptocurrency, the report said.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Finance

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

They are "very squeezable" due to short sellers' large positions, according to a report by data analytics firm S3 Partners.

Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)

Markets

Michael Saylor's MicroStrategy Acquired Another 9,245 BTC for $623M

The company now holds approximately 214,246 bitcoins, which is more than 1% of all the 21 million of the tokens that will ever exist

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Videos

Is Korea's Upcoming Election Behind the Meme Coin Frenzy? With Markus Thielen

10x Research founder Markus Thielen joins CoinDesk with his analysis on bitcoin's (BTC) recent price movements and prediction on where the market is heading. Plus, insights on spot bitcoin ETF inflows, driving forces behind the recent meme coin frenzy, and the future of Microstrategy's stock.

Recent Videos

Markets

Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin

This capital raise comes just days after a similarly structured $800 million offering, the proceeds of which the company used to purchased another 12,000 bitcoin.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Finance

Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin

The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Finance

Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor's Successful Bitcoin Playbook

The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.

Coinbase CEO Brian Armstrong (Coinbase)