Tag: microsstrategy

Sep 21 2022

Bitcoin Holds At Crucial Support of 50-Month Average, All Eyes on The Fed

Ahead of the FOMC meeting on Wednesday, September 21, Bitcoin has come under severe selling pressure. As of press time, Bitcoin is trading 1.56% down at a price of $19,000 levels. Along with Bitcoin, other altcoins have also come under selling pressure. Just to note that the $19,000 is a... Read more

Sep 20 2022

MicroStrategy Buys More Bitcoin Amid Price Dump

MicroStrategy Incorporated, a public company holding the highest amount of Bitcoin revealed its crypto holding in the latest US SEC filings. As per the report, the software company has gone on to expand its BTC reserve amid the price dump. MicroStrategy adding more BTC Microstrategy revealed that it accumulated around... Read more

Jul 22 2022

Michael Saylor’s Microstrategy Quietly Dumping Bitcoin (BTC)? This Could Be Proof

Jul 22 2022 Published at Coingape under tags  michael saylor microsstrategy news

Just when Bitcoin is holding on to the $23,000 level after long time, data on huge sale activity shows contrasting signs. It is well established that Michael Saylor's Microstrategy is the largest institutional investor in Bitcoin. Meanwhile, data from Crypto Quant suggests that the company is perhaps secretly selling some of its Bitcoin holdings. It...

Jul 30 2021

MicroStrategy reveals nearly $690 million in impairment losses on BTC holdings

Jul 30 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

The Business intelligence organization, MicroStrategy has shared its second- quarter financial results for 2021 that revealed impairment losses of $689.6 million from its Bitcoin holdings. The Fortune 500 company holds $2.051 billion worth of BTC bought at an average price of $19,159 per bitcoin till June 30, 2021. The losses are mainly because the price at The post MicroStrategy reveals nearly $690 million in...

Dec 09 2020

Did MicroStrategy’s $400 Million Convertible Note Idea Backfire ?

Dec 09 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btceur

Microstrategy, the business intelligence firm has been betting big on bitcoin ever since it made its first purchase of $250 million in August this year. Most recently the firm announced its plans of issuing...

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