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.

Markets

MicroStrategy Plans to Continue Amassing Bitcoin

The Virginia-based company now holds more than 105,000 bitcoins.

By James RubinJul 29, 2021

Markets

SoftBank to Invest $75M in Peter Thiel-Backed Crypto Exchange Bullish

The Block.one subsidiary is set to go public via a SPAC merger this year.

By Cheyenne LigonJul 16, 2021

Markets

US Financial Giant Capital Group Buys 12% Stake in Bitcoin-Exposed MicroStrategy

The purchase provides the firm with indirect exposure to MicroStrategy's more than 105,000 bitcoin reserves.

By Sebastian SinclairJul 13, 2021

Markets

There's a 'Clearance Sale' on Bitcoin, but Institutions Aren't Rushing In

“Despite there being a sign in the recent bear market that investors are scared off, we don’t see massive outflow from institutional users,” one crypto exchange executive said.

By Lyllah LedesmaJun 30, 2021

On Wall Street, bitcoin adoption appears to have slowed – for now.

Markets

Market Wrap: Bitcoin Back Above $30K in Volatile Trading Session

Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.

By Damanick Dantes, Frances YueJun 22, 2021

Markets

MicroStrategy’s Most Recent Bond Drops Below Par as Bitcoin Sells Off

The price on the $500 million bond has fallen by almost three points.

By Frances YueJun 22, 2021

Videos

Is Bitcoin Due for a Lower Fall?

Bitcoin rebounded after it slipped below $30K Tuesday morning, but is it due for a lower fall? Secure Digital Markets’ Mostafa Al-Mashita weighs in, exploring the possible impact of China’s continued crypto crackdown. Plus, his outlook on institutional activity as MicroStrategy (MSTR) shares were hit hard amid bitcoin’s price drop.

Jun 22, 2021

Markets

MicroStrategy Falls With the Bitcoin It Holds; Breakeven Point Looms

With the price of BTC just north of $29,000, it's little more than $3,000 a coin above the average price of $26,080 that CEO Saylor shelled out.

By Kevin ReynoldsJun 22, 2021

Markets

MicroStrategy Buys $489M More of Bitcoin; Price Drop May Mean Writedown Ahead

The business-intelligence software company said that as of June 21 it holds more than 105,000 bitcoins.

By Tanzeel Akhtar, Kevin ReynoldsJun 21, 2021

Videos

Saylor: We Must Counter ‘Misinformation’ About Bitcoin’s Environmental Damage

At Wednesday’s Bitcoin Mining Council meeting, Microstrategy CEO Michael Saylor said a key problem in the crypto space isn’t bitcoiners, but the negative headlines about mining. “The Hash” hosts react to Saylor’s concerns about “misinformation” in bitcoin mining, discussing the larger role of the Bitcoin Mining Council.

Jun 18, 2021