MicroStrategy


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Michael Saylor's MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years

The company reported its third quarter earnings results after the close of trading on Wednesday afternoon.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk/Danny Nelson)

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Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively

The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

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Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.

Bitcoin price 10/29(CoinDesk)

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Tether Denies U.S. Probe; MicroStrategy Premium is 'Unsustainable': Report

Tether CEO Paolo Ardoino denied a report claiming the stablecoin issuer is under a probe by U.S. federal investigators. Plus, MicroStrategy's almost 300% premium to its bitcoin holdings is unsustainable, according to a Steno Research report. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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MicroStrategy Touches New Highs as Trading Volume Relative to Nvidia Surges

MicroStrategy is up over 240% year-to-date with the NAV premium approaching 3.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

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BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple's Brad Garlinghouse

Bitcoin is back above $67,000 as the Fed latest Beige Book survey of economic conditions hinted at further rate reductions in the coming months. Plus, BlackRock buys more MicroStrategy shares and Ripple CEO Brad Garlinghouse shares how he was debanked by Citigroup. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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MicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245

The company's use of "intelligent leverage" differentiates its stock from other means of gaining exposure to bitcoin, argued analyst Mark Palmer.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

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Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.

Bitcoin price on 10 11 (CoinDesk)

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MicroStrategy Soars to 25-Year High, With 'NAV Premium' the Widest Since 2021

The stock has gained 4% since bitcoin hit an all-time high in March, while bitcoin itself has declined 16%.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

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MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

NEAR, UNI and APT led crypto gains, while bitcoin faded after pushing through $64,000 earlier in the day.

Bitcoin price on 10/07 (CoinDesk)