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.

Videos

MicroStrategy Doubles Down on Bitcoin With Purchase of Additional 301 BTC

MicroStrategy (MSTR) bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million, according to a filing with the U.S. Securities and Exchange Commission. The recent purchases increased the company’s total bitcoin holdings to almost 130,000. “The Hash” panel breaks down the investment.

Sep 20, 2022

Finance

La firma MicroStrategy compra 301 bitcoins y ya suma aproximadamente 130.000

La empresa de software adquirió las monedas adicionales a un precio promedio de US$19.851.

By Parikshit MishraSep 20, 2022

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Finance

MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K

The software company purchased the additional coins at an average price of $19,851.

By Parikshit MishraSep 20, 2022

Finance

MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases

The deal is a sign Executive Chairman Michael Saylor isn't backing off his audacious plan to turn his software developer into a bitcoin proxy.

By Nelson WangSep 9, 2022

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

Finance

MicroStrategy, With Bitcoin's Price Depressed, Looks to Lightning to Boost Usage, Saylor Says

The company is developing solutions for big enterprises to join the Lightning network, the chairman said.

By Anna BaydakovaSep 4, 2022

Michael Saylor speaking at the Baltic Honeybadger conference in Riga, Latvia, Sept. 3, 2022.

Podcasts

DC vs. Saylor

By Nathaniel WhittemoreSep 1, 2022

Opinion

Just Pay Your Taxes

MicroStrategy’s Michael Saylor allegedly cheated the system. This doesn’t mean his bitcoin will be liquidated.

By Daniel KuhnSep 1, 2022

Michael Saylor merch at BTC 2022 (Danny Nelson/CoinDesk)

Videos

MicroStrategy's Michael Saylor Responds to Tax Fraud Allegations, 'Respectfully' Disagrees

The District of Columbia is suing MicroStrategy (MSTR) Executive Chairman Michael Saylor for allegedly avoiding paying more than $25 million in income taxes to the district in the more than 10 years he has lived there, Attorney General Karl A. Racine announced in a tweet on Wednesday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details, along with responses from MicroStrategy and Saylor.

Sep 1, 2022

Videos

DC AG Suing MicroStrategy's Michael Saylor for Alleged Tax Fraud; Bitcoin Mining Difficulty Increases

The District of Columbia is suing MicroStrategy (MSTR) founder and Executive Chairman Michael Saylor for allegedly never paying any income taxes in the district in the more than 10 years he has lived there, Attorney General Karl A. Racine announced in a tweet on Wednesday. Plus, the difficulty of mining a bitcoin (BTC) block increased by 9.26%.

Aug 31, 2022

Policy