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

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

By Krisztian SandorJul 29, 2025

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Michael Saylor Builds Out Own Yield Curve With Upsized Preferred Stock Sale

Strategy's latest preferred stock issuance surpassed expectations, offering 9.5%–10.0% yield with built-in price stability mechanisms.

By James Van StratenJul 25, 2025

Finance

Michael Saylor's Strategy Boosts Latest Preferred Share Raise to $2B From $500M: Bloomberg

The company announced the STRC offering on Monday, originally planning to issue 5 million shares at $100 each.

By Krisztian SandorJul 24, 2025

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Markets

Leveraged Bearish Strategy ETF Pulls in Millions at Record Lows

The bargain hunting at record lows accompanies outflows from its 2x bullish counterpart, MSTX.

By Omkar GodboleJul 22, 2025

A brown bear sits on the ground (LTapsaH/Pixabay)

Markets

Strategy Hits Record $128.5B Market Cap as Bitcoin Buying Prompts Equity Sales

The company has tripled the number of shares outstanding since 2020 through major ATM offerings as investors reward its bitcoin-focused transformation.

By James Van StratenJul 17, 2025

Markets

Jim Chanos Calls Strategy’s Premium 'Financial Gibberish'

The famed short seller is betting on a decline in Strategy’s stock while bitcoin advocate Pierre Rochard defends company’s premium valuation amid rising competition.

By James Van StratenJul 16, 2025

Markets