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Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit

[Feb 15 9:50 AM] The company was the owner of 190,000 bitcoin as of the end of January.

Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’

[Feb 7 7:30 PM] Nasdaq-listed Microstrategy has increased its cryptocurrency holdings to 190,000 bitcoins, having acquired 31,755 additional coins since the end of the third quarter. The company now considers itself “the world’s first Bitcoin…

Michael Saylor Selling $216 Million of Microstrategy’s Shares, Plans to Buy More Bitcoin

[Jan 3 5:30 PM] Microstrategy’s executive chairman, Michael Saylor, is selling $216 million of his company’s shares, according to a filing with the U.S. Securities and Exchange Commission (SEC). The pro-bitcoin executive intends to use some of the…

Stock of Bitcoin's Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says

[Dec 28, 2023 12:59 AM] Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.

Michael Saylor's Bitcoin Bet Profit Tops $2B

[Dec 4, 2023 11:11 AM] The company added to its holdings in November.

What are the 3 assets most correlated with Bitcoin?

[Aug 23, 2023 12:25 AM] Bitcoin price is closely linked to several financial assets, but there are different reasons for its correlation with certain precious metals and stocks.

Microstrategy’s Stock Soars 206% After Adopting Bitcoin Strategy

[Aug 11, 2023 9:30 PM] Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53 billion, and it has…

Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

[Jul 31, 2023 6:00 AM] Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.

Microstrategy Stock Surges 7% As Berenberg Highlights Bitcoin Halving’s Impact

[Jul 11, 2023 4:00 AM] Hamburg-based Berenberg Capital Markets recently highlighted the upcoming Bitcoin halving event as a potential trigger for the bullish case of Microstrategy, a United States-based software firm, in a recent research note. The research note…

MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows

[Jun 28, 2023 8:22 AM] Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

[May 1, 2023 2:53 PM] Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.

Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit

[Mar 27, 2023 9:38 AM] Shares of rival crypto exchange Coinbase fell by the most since Wednesday.