In the Bitcoin (BTC) world, when MicroStrategy makes a move, the market shifts. With every purchase, MicroStrategy tightens ...
MicroStrategy Inc. said Monday it purchased about 20,356 bitcoins between Feb. 18 and Feb. 23 using the roughly $1.9 billion raised through a zero-coupon convertible bond offering last week.
MicroStrategy Inc., now doing business as Strategy, disclosed Tuesday that as it was more than doubling its bitcoin holdings last year, it was also slashing its workforce. In another telling ...
Bitget CEO Gracy Chen says Strategy, formerly MicroStrategy’s aggressive Bitcoin strategy has made it one of the biggest players in the market, holding more than 2% of the total BTC supply.
MicroStrategy's software business represents a tiny sliver of its $82 billion market cap. The vast majority comes from its underlying Bitcoin, which is valued far higher than market prices.
This decline highlighted the company's exposure to Bitcoin's price movements and the inherent risks associated with the cryptocurrency market. Founded in 1989, MicroStrategy's transformation from ...