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.

Finance

Michael Saylor's Strategy signals potential bitcoin sale to fund dividends obligations

Michael Saylor proposes using bitcoin sales to support dividends, as Strategy reported a $12.54 billion Q1 loss.

By James Van StratenMay 5, 2026

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Markets

Strategy posts $12.54 billion Q1 loss on declining bitcoin price

The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.

By James Van StratenMay 5, 2026

Strategy Executive Chairman Michael Saylor on CoinDesk Television

Finance

Strategy raised $82 million last week but holds off on bitcoin buys ahead of earnings

Michael Saylor says the company will resume purchases next week, but the pause lands as analysts focus on losses and the growing complexity of Strategy’s preferred-stock funding machine.

By Shaurya Malwa, James Van StratenMay 4, 2026

Markets

Canadian pension giant AIMCo buys the dip in Strategy, now sitting on $69 million unrealized gain

AIMCo returns to Michael Saylor's bitcoin treasury company years after exiting, now sitting on a sizable unrealized gain.

By James Van StratenMay 1, 2026

Markets

Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine

STRC’s volume weighted average price of $99.76 for April kept the dividend steady for a third consecutive month.

By James Van StratenMay 1, 2026

Finance

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Bitmine bought $234 million of ether in its largest weekly purchase this year, closing in on Strategy's regular bitcoin buys once the firm's STRC-fueled spikes are stripped out.

By Shaurya MalwaApr 28, 2026

Markets

Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.

Market analyst Mati Greenspan said bitcoin has not gone through a “winter,” rather a pullback within a broader bull market, adding the next leg up for bitcoin will be driven by nation-state adoption.

By Olivier AcunaApr 24, 2026