MicroStrategy

MicroStrategy Explored Options From Art to Real Estate Before Bitcoin Buys, New CEO Says
The software company now owns nearly $3 billion worth of bitcoin.

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin's Crash. Now He Aims to Rebound Again
After MicroStrategy’s stock collapsed in 2000, the now-former CEO flew under the radar. Crypto changed all that.

Robinhood Cuts 23% of Staff, but Crypto Transaction Revenue Rose to $53M
Bitcoin IRA co-founder and COO Chris Kline discusses the key takeaways from Robinhood's latest earnings report as it lays off nearly a quarter of its workforce while its crypto transaction revenue rose 7% to $58 million in Q2. Plus, outlook for MicroStrategy as bitcoin maximalist and CEO Michael Saylor steps down from his position.

MicroStrategy Shares Surge as Michael Saylor Puts Full Focus on Bitcoin
Company operations will now be led by Phong Le, while Saylor will become executive chairman with sole focus on Bitcoin strategy.

Bitcoin Maximalist Michael Saylor Steps Down as Microstrategy CEO, Remains Chairman
Michael Saylor, one of the most prominent bitcoin backers in corporate America, handed the chief executive officer role at MicroStrategy (MSTR) to a deputy and became executive chairman, putting his focus exclusively on managing the firm's bitcoin investment. This comes after MicroStrategy took a $918 million loss from its bitcoin holdings. IDX Digital Assets CIO Ben McMillan discusses the outlook for MicroStrategy and Saylor's bitcoin advocacy.

MicroStrategy's Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role
Saylor says he plans to focus on buying bitcoin, leaving MicroStrategy's software business in the hands of the new CEO.

MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2
The software firm owns 129,699 bitcoins worth approximately $3 billion.

Jefferies Downgrades MicroStrategy to 'Underperform;' Shares Slump
The company holds 129,200 bitcoins, which translates into a $1 billion unrealized loss on its investment due to the fall in the BTC price, a report says.

3AC Contagion Fears; Saylor Buys More Bitcoin
Three Arrows Capital reportedly told to liquidate while market contagion fears grow. Microstrategy buys another $10 million worth of bitcoin. N. Korea suspected of $100 million Harmony Horizon hack. India’s 1% tax deducted at source on crypto transactions starts tomorrow. K-pop metaverse artists log in to mainstream popularity. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months
The company disclosed buying another 480 bitcoins, bringing total holdings to 129,699 coins.

