MicroStrategy


Finance

MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Markets

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data

Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Finance

FASB Mulls Fair-Value Accounting for Crypto Holdings: Report

Fair-value accounting for crypto will encourage companies to put bitcoin on their balance sheet, according to Michael Saylor.

FASB described which crypto assets would be included in a forthcoming accounting rule. (Getty Images)

Videos

Sources Say DeFiance Capital Founder Is Raising Money for New Fund; MicroStrategy’s Latest Job Listing

Arthur Cheong, founder of the DeFiance Capital crypto investment fund that was hit by Three Arrows Capital’s collapse this year, is raising money for a new fund, according to CoinDesk sources. Plus, MicroStrategy is looking to recruit a software engineer to build a Lightning Network-based software-as-a-service (SaaS) platform.

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Finance

MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure

The new hire will also been tasked with designing decentralized finance technologies.

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Videos

MicroStrategy Shares Fall After Bitcoin Purchase; Voyager Digital Seeks to ‘Unwind’ $200M Loan to Alameda Research

MicroStrategy (MSTR) shares are falling after the company bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million. Plus, bankrupt crypto lender Voyager Digital has asked a New York federal court for permission to “unwind” a $200 million loan it made to trading firm Alameda Research.

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Videos

MicroStrategy Doubles Down on Bitcoin With Purchase of Additional 301 BTC

MicroStrategy (MSTR) bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million, according to a filing with the U.S. Securities and Exchange Commission. The recent purchases increased the company’s total bitcoin holdings to almost 130,000. “The Hash” panel breaks down the investment.

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Finance

MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K

The software company purchased the additional coins at an average price of $19,851.

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Finance

MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases

The deal is a sign Executive Chairman Michael Saylor isn't backing off his audacious plan to turn his software developer into a bitcoin proxy.

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Finance

MicroStrategy, With Bitcoin's Price Depressed, Looks to Lightning to Boost Usage, Saylor Says

The company is developing solutions for big enterprises to join the Lightning network, the chairman said.

Michael Saylor speaking at the Baltic Honeybadger conference in Riga, Latvia, Sept. 3, 2022.