MicroStrategy


Finance

Michael Saylor Says Bitcoin ETFs Will Be the ‘Super Tanker’ for His MicroStrategy ‘Sports Car’

The software company now owns around $4.5 billion worth of bitcoin and is planning to buy more in the third quarter of this year.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Videos

MicroStrategy Reports Q2 Earnings, Shares Rise 15% in Past Month

Shares of Microstrategy (MSTR) have risen 15% in the past month. This comes as Microstrategy reported quarterly earnings last night with an impairment charge of $24.1 million on its bitcoin holdings in the second quarter.

Recent Videos

Videos

Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

Microstrategy's latest earnings report reveals the software company posted an impairment charge of $24.1 million on its bitcoin holdings in the second quarter. ProChain Capital President David Tawil discusses the implications for the crypto markets. Plus, Tawil's outlook for the ETF landscape.

Recent Videos

Markets

Bitcoin Whale Michael Saylor Might Buy a Lot More BTC

MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Finance

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday.

MicroStrategy CEO Michael Saylor

Markets

Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

A TD Cowen analyst views MicroStrategy as “an attractive vehicle for investors looking to gain bitcoin exposure."

MicroStrategy's Michael Saylor is all smiles after the FASB rule change (Joe Raedle/Getty Images)

Finance

Arkham Intel Exchange Shows 11 Submissions Since Debut Including Finding Elon Musk’s Wallet

Some bounties that have received a submission include identifying an address owned by MicroStrategy with over 10,000 BTC volume.

(bluebudgie/Pixabay)

Markets

Bitcoin April 2024 Forecast Raised to $56.6K: Berenberg

The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.

(Unsplash)

Finance

MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein

A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.

Michael Saylor (Anna Baydakova/CoinDesk)

Markets

Coinbase, Microstrategy Shares Rally After Cboe Refiles Bitcoin ETF Applications

Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.

(Unsplash)