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

MicroStrategy Buys Another 1,045 Bitcoin for $23.9M

The company now holds 140,000 bitcoin worth about $4 billion.

By Oliver KnightApr 5, 2023

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Videos

CFTC Sues Binance and Founder Changpeng Zhao; Microstrategy Pays off Silvergate Loan

Crypto exchange Binance and founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission (CFTC) over allegations that the company knowingly offered unregistered crypto derivatives products in the U.S. against federal law. Separately, a filing with the SEC shows that MicroStrategy (MSTR) prepaid the remaining principal on its $205 million loan from failed Silvergate Bank.

Mar 27, 2023

Finance

MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin

The company borrowed $205 million from Silvergate Bank last March.

By Stephen AlpherMar 27, 2023

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

Finance

Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $27.6K

BTC’s price is up over 10% over the last 24 hours.

By Nelson WangMar 17, 2023

Bitcoin subió en el trading del día viernes. (Jay Radhakrishnan)

Markets

MicroStrategy and Marathon Digital Lead Bounce for Crypto-Related Stocks

The government's weekend backstop of depositors at failed lenders Silicon Valley Bank and Signature Bank sent bitcoin above $22,000.

By Stephen AlpherMar 13, 2023

Finance

MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate

The company did receive a $205 million loan from Silvergate in March 2022, but MicroStrategy said the loan terms wouldn’t change in case of insolvency.

By Helene BraunMar 2, 2023