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

Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply

MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.

By Sam ReynoldsFeb 13, 2024

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K

Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.

By Jamie CrawleyFeb 9, 2024

16:9 Stock market rally (sergeitokmakov/Pixabay)

Markets

Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

The bitcoin exchange-traded funds (ETFs) through Wednesday held a combined 192,255 bitcoin, more than 2,000 above that of MicroStrategy, the largest publicly traded holder of the cryptocurrency.

By Helene BraunFeb 8, 2024

Michael Saylor, executive director, MicroStrategy (Marco Bello/Getty Images)

Finance

MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs

Michael Saylor's software firm called itself a “bitcoin development company” in its fourth quarter earnings presentation Tuesday night.

By Helene BraunFeb 7, 2024

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Finance

Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Shares

Saylor said earlier that he would use the proceedings from the sales to address personal obligations and buy more bitcoin to his personal account.

By Krisztian SandorJan 3, 2024

Markets

Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K

Michael Saylor's MicroStrategy was a rare crypto name moving higher on Tuesday.

By Krisztian SandorJan 2, 2024

Markets

Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K

U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.

By Jamie CrawleyJan 2, 2024

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Markets

Stock of Bitcoin's Biggest Public Holder Is Overvalued by 26%, Analyst Who Predicted BTC Rally Says

Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.

By Omkar GodboleDec 28, 2023

Markets

MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B

MicroStrategy's used almost all of its recent at-the-market shares sales to buy an additional 14,620 bitcoin.

By Lyllah LedesmaDec 27, 2023

Videos

Michael Saylor Speaks Out on Spot Bitcoin ETFs; How Bitcoin Could Hit $160K Next Year

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including what MicroStrategy's Executive Chairman Michael Saylor thinks about the highly-anticipated spot bitcoin ETFs. Representatives from BlackRock, Nasdaq, and the SEC met for the second time. And, a slurry of catalysts could catapult bitcoin to $160,000 next year.

Dec 22, 2023

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