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

Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K

A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes.

By Krisztian SandorDec 11, 2023

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Videos

Michael Saylor's Bitcoin Bet; BlackRock Received $100K Seed Funding for Spot Bitcoin ETF

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including how MicroStrategy's bitcoin bet is shaking out. Plus, a closer look at how much has the crypto industry reportedly spent on lobbying in the U.S. And, a new SEC application reveals that BlackRock has received $100,000 as "seed capital" for its proposed bitcoin ETF.

Dec 5, 2023

Markets

Michael Saylor's Bitcoin Bet Profit Tops $2B

MicroStrategy held nearly 175,000 bitcoins in its treasury as of the end of November.

By Lyllah LedesmaDec 4, 2023

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Markets

Coinbase, MicroStrategy Jump as Bitcoin Rallies

Bitcoin is trading at levels not seen since April 2022, shrugging off a tough year marked by several implosions and regulatory clampdowns.

By Shaurya MalwaDec 4, 2023

Markets

MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%

MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.

By Jamie CrawleyNov 30, 2023

Michael Saylor (Anna Baydakova/CoinDesk)

Markets

Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit

Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.

By Shaurya MalwaNov 10, 2023

Markets

U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading

COIN, MSTR, HOOD and mining stocks all showed upward movement in pre-market trading after bitcoin rose to its highest level in 18 months.

By Jamie CrawleyNov 9, 2023

Finance

MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3

The company booked an impairment loss of $33.6 million on its digital asset holdings in the thrid quarter.

By Jamie CrawleyNov 2, 2023

Finance

Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes

Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) climbed more than 13% as bitcoin (BTC) topped $34,000.

By Aoyon AshrafOct 24, 2023

Videos

Bitcoin Eyes $31K; Coinbase Set to Make Final Pitch in Bid to Kill SEC Case

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories of the day, including bitcoin's (BTC) recent pop and what it means for MicroStrategy's (MSTR) crypto holdings. Coinbase is getting ready to make its final case on Tuesday that a judge should toss the SEC's unregistered securities dispute. Plus, Hong Kong has loosened its stance on spot-crypto products.

Oct 23, 2023