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MicroStrategy now holds more Bitcoin than Mt. Gox’s balance
What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! đź‘‹ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…
MicroStrategy acquires Bitcoin worth $150M, makes repayment on Silvergate loan
Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago
Group One purchases 13.5% of MicroStrategy’s share
Options market maker Group One purchased 13.5% of MicroStrategy’s share, according to a Jan. 10 SEC filing. The trading firm holds roughly 1.3 million shares of MicroStrategy. The filing did not state the amount the shares were purchased. Following the news, the Michael Saylor-led firm shares rose 8.57% to $190 as of press time. MicroStrategy’s share…
MicroStrategy just bought another 2,500 BTC
Business Intelligence firm MicroStrategy has purchased an additional 2,395 BTC between Nov. 1 and Dec. 21. Michael Saylor, the founder and CEO of MicroStrategy, announced the company’s purchase on Twitter for the second time this quarter. According to the company’s 8K filing with the SEC, the Bitcoins were purchased for approximately $42.8 million in cash…
MicroStrategy Q3 loss narrows, but revenue drops year-over-year; 301 BTC added to portfolio
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 million. “We are continuing to see the global adoption of our cloud…
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…
Crypto whale alleged to be Saylor sent over 200K BTC to exchanges in July
A Bitcoin (BTC) whale sent over 200,000 BTC to Coinbase between July 18 and July 21, according to a tweet from CryptoVinco on Sept. 5. One of the biggest #Bitcoin whales with over 200K+ $BTC sent ALL of their coins to exchanges. I’m 99% certain this is Michael Saylor’s Bitcoin address, and they’re planning to…
MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role
MicroStrategy recorded an impairment charge of $918 million on its Bitcoin (BTC) holdings in the second quarter, according to its earnings report released on August 2. The report also revealed that the company will create a new role of executive chairman, which Michael Saylor will fill. Meanwhile, Phong Le, the company’s president and chief financial officer,…
Tesla, MicroStrategy, Block’s bet on Bitcoin leads to $5B loss on books in Q2 – Bloomberg
Tesla, MicroStrategy, and Block’s bet on Bitcoin (BTC) led to a combined loss of $5 billion on the books in the second quarter, Bloomberg News reported on July 22. According to the report, Bitcoin’s 59% decline during the quarter led to staggering losses for these companies based on their previous holdings disclosure. MicroStrategy MicroStrategy makes…