MicroStrategy

MicroStrategy (MSTR) transformed from a traditional business intelligence software company into the world's largest corporate Bitcoin holder under the leadership of Executive Chairman Michael Saylor. Beginning in 2020, the company adopted Bitcoin as its primary treasury reserve asset and has amassed over 500,000 BTC, making it the largest corporate holder of bitcoin globally. This groundbreaking corporate strategy has turned MSTR stock into a leveraged Bitcoin play for institutional investors.

The MicroStrategy model has influenced dozens of companies worldwide to add Bitcoin to their reserves, fundamentally changing how corporations view treasury management and inflation hedging. The company's approach combines debt financing, equity raises, and convertible bonds to acquire Bitcoin, creating what Saylor calls "digital capital" that appreciates faster than traditional treasury assets while serving as a hedge against currency debasement.

At CoinDesk, we provide comprehensive MicroStrategy news covering the company's Bitcoin acquisition strategy, stock performance, and its influence on corporate Bitcoin adoption. Our reporting tracks MSTR's quarterly Bitcoin purchases, financial engineering tactics, regulatory developments affecting corporate crypto holdings, and the broader implications for traditional companies embracing cryptocurrency treasuries.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

The math behind Strategy’s path to 1 million bitcoin by the end of 2026

The largest publicly traded corporate holder of bitcoin would need to buy roughly 6,158 BTC per week, a pace its exceeded often in recent months.

By James Van StratenMar 14, 2026

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Coinbase, Strategy lead crypto stocks higher as bitcoin spikes above $72,000

Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff.

By Krisztian Sandor, Helene BraunMar 4, 2026

Black upward arrow in a white circle (Unsplash)

Markets

The ghost of the iPhone: Why Michael Saylor thinks bitcoin is mirroring Apple’s legendary ‘valley of despair’

Michael Saylor compared bitcoin’s 45% drawdown to Apple’s 2013 slump, arguing that enduring deep corrections is part of every successful technology investment.

By Shaurya Malwa, James Van StratenFeb 24, 2026

Markets

Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens

"Extreme fear" grips crypto and metals while U.S. equities show resilience ahead of key earnings.

By James Van StratenFeb 5, 2026

Markets

This bullish analyst on Michael Saylor's Strategy just threw in the towel on lofty price target

Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.

By Will Canny, AI BoostFeb 4, 2026

Markets

Strategy slides toward eighth straight monthly decline

Last year marked the second-worst annual performance since Strategy adopted its bitcoin treasury strategy.

By James Van StratenFeb 3, 2026

Strategy Executive Chairman Michael Saylor (Danny Nelson, modified by CoinDesk)

Markets

Michael Saylor's Strategy added $75 million in bitcoin to holdings prior to last week's crash

It was a relatively small purchase for the company, which now holds 713,502 bitcoin purchased at an average price of $76,052 each versus the current price of about $77,000.

By James Van StratenFeb 2, 2026

Markets