MicroStrategy Expected to Report Profit Despite Down Quarter for Crypto
MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier.
MicroStrategy Expected To Report Profit Despite Down Quarter for Crypto: Preview
MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier.
Group One Purchases 13.5% of MicroStrategy’s Share
Options market maker Group One purchased 13.5% of MicroStrategy’s share, according to a Jan. 10 SEC filing. The trading firm holds roughly 1.3 million shares of MicroStrategy. The filing did not state the amount the shares were purchased. Following the news, the Michael Saylor-led firm shares rose 8.57% to $190 as of press time. MicroStrategy’s share MSTR had declined by more than 70% in the past year due to the broader market decline that saw Bitcoin trade at record lows. (cryptoslate)
MicroStrategy Sells 13.5% Stake to Trading Firm Group One
Trading firm Group One bought a 13.5% stake in MicroStrategy.
MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate’s Woes
The stocks of business software company MicroStrategy (MSTR) and bitcoin miner Marathon Digital (MARA) fell close to 5% on Thursday after their lender Silvergate's (SI) shares plunged more than 40% amid large-scale layoffs and a near $200 million write-off related to acquisition of Facebook's former stablecoin project Diem.
Michael Saylor Reveals Why MicroStrategy Sold $11 Million Worth of Bitcoin on December 22
Michael Saylor, founder and former CEO of MicroStrategy, has highlighted the reason behind the sale of Bitcoin (BTC) initiated by the company towards the end of 2022.
Could MicroStrategy’s Bitcoin Buys Prove to Be Bitcoin’s Most Important Moment?
Is Michael Saylor spreading the word from true belief, or is he a shill looking to gain immense wealth and notoriety? Will other corporations follow Microstrategy's lead?
Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
As reported earlier, MicroStrategy purchased 2,395 bitcoins worth about $42.8 million between November 1, 2022, and December 21, 2022. The company then sold 704 BTC for about $11.8 million on December 22 before purchasing another 810 BTC two days later.
Peter Schiff Says ‘Saylor’s Bitcoin Obsession’ Will Drive MicroStrategy Out Of Business
Peter Schiff is again criticizing MicroStrategy’s continuous Bitcoin accumulation, this time saying it would put the company out of business.
Microstrategy — The Bubble That Burst
The Microstrategy bubble popped in 2022. This time, the stock price started rising after Saylor evolved into one of the top Bitcoin advocates and invested almost all the cash/profits of Microstrategy into Bitcoin.
