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, EU Parliament, and Other Possible Drivers of BTC’s Volatile Week

The “Week in Review” panel discusses possible catalysts for bitcoin’s recent price volatility, noting MicroStrategy's $205 million loan from Silvergate to amass even more BTC. Plus, Managing Editor for Tech Christie Harkin explains why Chris Larsen’s planned “Change the Code, Not the Climate” campaign is already facing stiff opposition from the bitcoin community.

Apr 1, 2022

Videos

What’s Driving the BTC Price Dip?

MarketGauge's Michele Schneider discusses the possible catalysts for bitcoin market moves, citing a recent vote in the European Union to move forward with restrictive crypto regulations and increased buying by whales like MicroStrategy. Plus, a discussion about bitcoin as a risk-on or risk-off asset and why Schneider is optimistic about Luna, Avalanche, and Solana.

Mar 31, 2022

Markets

Bitcoin Slides for Second Day as Analyst Warns of Dip Below $45K

The cryptocurrency slides again after eight straight days of gains.

By Angelique ChenMar 31, 2022

The bitcoin price was around $45,945 as of press time, down 2.5% from Wednesday. (CoinDesk)

Finance

MicroStrategy Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin

The term loan can also be used for general corporate purposes.

By Brandy BetzMar 29, 2022

Opinion

Taxes Are a Wild Card for Public Companies Holding Crypto

Investors in MicroStrategy, Tesla, Block and Coinbase need to consider how wild price swings will affect results, not only directly but indirectly due to complex tax accounting rules. This piece is part of CoinDesk's Tax Week

By Francine McKennaFeb 22, 2022

Finance

MicroStrategy Hasn't Bought Any Bitcoins This Month

The company said it held 125,051 bitcoins as of Feb. 14, the same as at the beginning of the month.

By Sheldon RebackFeb 16, 2022

MicroStrategy executive chairman Michael Saylor (CoinDesk archives)

Markets

The Corporate Argument for Bitcoin

MicroStrategy CEO Michael Saylor likened his company’s performance to rowing a boat against wind blowing harder than one can row. Is bitcoin really the way out?

By Edward OosterbaanFeb 6, 2022

Videos

MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4

MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement. This comes as bitcoin enters into a bear market. “The Hash” team discusses the specifics and the potential silver lining ahead.

Feb 2, 2022