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 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

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

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

Bitcoin Maximalist Michael Saylor Sued for Tax Fraud by DC

The attorney general’s office is also suing the business software company for allegedly helping him evade taxes on his earnings in the district.

By Nelson WangAug 31, 2022

MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)

Videos

Arca Exec on Why the September Merge Will Boost Ether Price

Arca's head of research Katie Talati shares her analysis of the upcoming Ethereum "merge" and why she believes it will boost the price of ether (ETH). Plus, her reactions to MicroStrategy CEO Michael Saylor's doubts on the ethics and technical development of Ethereum.

Aug 23, 2022

Finance