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 Added 2,500 Bitcoins for $45M in Last 2 Months

The software company also sold a small amount of the cryptocurrency for the first time.

By Oliver KnightDec 28, 2022

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Videos

Bitcoin Price Tumbles; More Than 50% of Bitcoin Addresses Are Now in Loss

Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.

Nov 21, 2022

Markets

Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto

High bond yields are reflective of sharply higher interest rates as well as genuine skepticism about the long-term viability of crypto amongst institutional investors, one investor said.

By Omkar GodboleNov 21, 2022

Finance

Revisiting MicroStrategy's Pain Points as Bitcoin Tumbles

This week's plunge in the price of bitcoin again raises questions as to whether Michael Saylor will at some point be forced to sell some or all of his company's vast holdings.

By Elizabeth NapolitanoNov 10, 2022

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Finance

Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.

By Michael BellusciNov 10, 2022

Finance

MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.

By Nelson WangNov 1, 2022

Markets

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data

Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.

By Oliver KnightOct 13, 2022

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Finance

FASB Mulls Fair-Value Accounting for Crypto Holdings: Report

Fair-value accounting for crypto will encourage companies to put bitcoin on their balance sheet, according to Michael Saylor.

By Oliver KnightOct 13, 2022

A spreadsheet printout lies on top of a calculator

Videos

Sources Say DeFiance Capital Founder Is Raising Money for New Fund; MicroStrategy’s Latest Job Listing

Arthur Cheong, founder of the DeFiance Capital crypto investment fund that was hit by Three Arrows Capital’s collapse this year, is raising money for a new fund, according to CoinDesk sources. Plus, MicroStrategy is looking to recruit a software engineer to build a Lightning Network-based software-as-a-service (SaaS) platform.

Sep 30, 2022