Tag: microstrategy

Dec 28 2022

MicroStrategy To Launch Bitcoin Lightning Solutions In 2023: Saylor

Bitcoin Lightning applications that MicroStrategy plans to release include enterprise infrastructure services and content monetization solutions, Saylor said.MicroStrategy will release software applications and solutions powered by the Bitcoin Lightning Network in 2023.MicroStrategy executive chairman Michael Saylor spoke about his company’s plans in a Twitter Spaces room on Wednesday, shedding light on...

MicroStrategy Adds 2,500 Bitcoin To Holdings Despite Tax-Loss Harvesting

The tech company led by Michael Saylor has increased its bitcoin holdings by 2,500 BTC despite selling bitcoin for the first time to generate a tax benefit.Michael Saylor’s MicroStrategy bought 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21, 2022.It then sold 704 BTC at a loss on Dec. 22 to offset previous capital gains. MicroStrategy then...

Dec 06 2022

michael Saylor Net Worth 2022

Michael Saylor is a business executive and entrepreneur from the United States. Saylor co-founded and is the CEO of MicroStrategy. The company offers business...

Nov 25 2022

Can MicroStrategy And Saylor’s Levered Bitcoin Bet Crash The Market? New Research Answers

Nov 25 2022 Published at Bitcoinist.com under tags  bitcoin btc microstrategy mstr saylor

As the Bitcoin market faced turmoil surrounding the possible bankruptcy of Genesis Trading and Digital Currency Group (DCG), chatter kept surfacing that Michael Saylor's and MicroStrategy's Bitcoin bet could be in jeopardy if the...

Nov 21 2022

FTX Collapse Affects Coinbase and MicroStrategy Bonds

Nov 21 2022 Published at Coinscreed under tags  coinbase ftx microstrategy news

One investor said that high bond yields are a sign of both sharply higher interest rates and institutional investors' real doubts about how crypto will work in the long run. Bonds issued by Coinbase (COIN), a cryptocurrency exchange, and MicroStrategy (MSTR), a business intelligence company that invests in bitcoin and is also a bitcoin investor, […] The post...

Nov 10 2022

Reevaluating MicroStrategy Flaws Amidst Bitcoin Dip

Nov 10 2022 Published at Coinscreed under tags  bitcoin dip microstrategy news

This week's drop in the price of bitcoin makes people wonder again if Michael Saylor will have to sell some or all of his company's huge holdings at some point. Michael Saylor, the Executive Chairman of MicroStrategy (MSTR) and a well-known bitcoin bull, told CNBC that he won't change his plan to buy and hold […] The post...

Nov 02 2022

MicroStrategy Retains Long-Term Time Horizon On Bitcoin In Q3 Report

Nov 02 2022 Published at Bitcoinist.com under tags  bitcoin btc microstrategy mstr

The world's largest publicly traded company by Bitcoin holdings, MicroStrategy, has released its Q3 2022 report. The company, owned by perma bull Michael Saylor, announced that it still hasn't sold a single Bitcoin. As Bitcoinist...

Nov 01 2022

MicroStrategy Posts Modest $727K Bitcoin Impairment Charge

Nov 01 2022 Published at Crypto Briefing under tags  bitcoin microstrategy news

MicroStrategy reported a $727,000 impairment charge this quarter following losses on its Bitcoin holdings. MicroStrategy Faces Minimal Losses MicroStrategy saw only slight Bitcoin losses this quarter. According to a Tuesday...

MicroStrategy Q3 loss narrows, but revenue drops year-over-year; 301 BTC added to portfolio

Nov 01 2022 Published at CryptoSlate under tags  adoption microstrategy

MicroStrategy released its earnings report for the third quarter of 2022 on Nov. 1, saying it achieved "strong" year-over-year growth in subscription services and "record" growth in subscription billings, but still recorded a YOY drop in revenue with a net loss of $10.8...

Microstrategy Earnings: What Future Holds For Largest Bitcoin Holding Company

Nov 01 2022 Published at Coingape under tags  bitcoin michael saylor microstrategy news

Microstrategy, which continues to be the company with largest Bitcoin holding, is scheduled to report quarterly earnings on Tuesday. The company’s BTC holdings are currently incurring around 50% unrealized loss over the total investment made to purchase Bitcoin. Last week’s surge in Bitcoin (BTC) price came as a much needed... Read more

Oct 06 2022

The Winners In Michael Saylor’s Impromptu Lightning Network-themed Meme Contest

A notorious altcoiner tried to test Michael Saylor’s commitment to bitcoin and this is what he got. A meme contest. And in this post, you’ll get to see two of the three winners. Don’t scroll down! You should read the whole story first, to get the full effect. The theme of the discussion was the Lightning Network. Bitcoin’s second layer solution is one...

Oct 04 2022

D.C. Vs. Michael Saylor: Tax Fraud Or Another Political Attack Against Bitcoin?

In a tax fraud lawsuit filed against Michael Saylor and MicroStrategy, the District of Columbia seems to be making a politicized attack.This is an opinion editorial by Dr. Riste Simnjanovski, a tenured professor of public administration with California Baptist University, and Kenneth Minesinger, a business and tax lawyer.If you’re in the Bitcoin space, you know of...

Peter Schiff Embarrasses Himself Discussing Kim Kardashian, Accuses M. Saylor

This might be Peter Schiff’s weirdest take, and the man’s got a few. While commenting on Kim Kardashian's recent deal with the SEC, the gold bug fired at “the real pumpers”… Michael Saylor? and… CNBC? Did Peter Schiff and his team even do basic research about Kim Kardashian's case? Or is he playing dumb, attacking his perceived enemies, and muddying the waters? For...

Sep 30 2022

MicroStrategy Looks To Hire Bitcoin Engineer For Building Lightning Platform

The job posting details an enterprise SaaS platform to innovate ecommerce and cybersecurity leveraging Bitcoin and the Lightning Network.MicroStrategy is looking to hire a Bitcoin software engineer. The new hire will be tasked with building an enterprise-grade ecommerce and cybersecurity SaaS platform based on Bitcoin and the Lightning Network. The job posting shows preference for...

Sep 28 2022

Why Are So Many Top Crypto Executives Resigning?

FTX.US President Brett Harrison and Celsius CEO Alex Mashinsky both resigned yesterday, following departures from a list of other top crypto executives. They follow Genesis CEO Michael Moro, Microstrategy CEO...

Sep 21 2022

Microstrategy Bitcoin Bet Loss Grows To $1.5 Billion, Stocks Down After $6 Million BTC Buy

MicroStrategy made headlines on Tuesday after it announced it has acquired an additional 301 bitcoins during a sharp drop in the price, unfazed of the ongoing market turmoil. The software company founded by Bitcoin bull Michael Saylor has shelled out $6 million for the purchase, making it the largest corporate holder of the crypto, according to a U.S. Securities and Exchange Commission (SEC)...

Sep 20 2022

Is Bitcoin’s Biggest Bull Getting Cold Feet?

The MicroStrategy co-founder announced the company had bought another 301 Bitcoin for approximately $6 million earlier today. MicroStrategy Buys More Bitcoin Michael Saylor is accumulating more of his favorite digital...

MicroStrategy buys additional 301 Bitcoin for $6M

Business intelligence firm MicroStrategy bought 301 Bitcoins for $6 million at an average price of $19,851 per BTC, according to a Sept. 20 filing. According to the filing, it made this purchase between Aug. 2 and Sept. 19. MicroStrategy now holds approximately 130,000 BTC purchased for roughly $3.8 billion. Based on its recent purchase, MicroStrategy...

Michael Saylor’s Microstrategy Buys The Dip By Purchasing Another $6M Bitcoin

Michael Saylor confirmed today that Microstrategy purchased an additional 301 Bitcoins at an average price of $19,851 per Bitcoin. According to Saylor, Microstrategy now holds $130,000 Bitcoins acquired at an average of $30,639 per Bitcoin. MicroStrategy's former CEO Micheal Saylor revealed today via his official Twitter account that MicroStrategy purchased another $6 Million Bitcoin taking the entire company's BTC holdings to $3.98 billion...

MicroStrategy Buys $6 Million In Bitcoin Amid Market Rout

Saylor’s MicroStrategy says it bought the dip, purchasing 301 bitcoin for about $6 million between Aug. 2 and Sept. 19. Holdings now top 130,000 BTC.MicroStrategy has acquired a fresh batch of bitcoin despite the ongoing market rout.The software company led by Bitcoin bull Michael Saylor added 301 BTC to its holdings in a purchase that cost about $6 million, according to...

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