MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
MicroStrategy reported second-quarter earnings on Thursday.
Michael Saylor
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should “make it easy” for the crypto industry to innovate in the U.S.
MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally
The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.
T-Rex Group Files for 2x Long, Inverse Microstrategy ETF
Bloomberg ETF analyst Eric Balchunas said this will be the ‘ghost pepper’ of ETF hot sauce.
Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet
Michael Saylor and Dell engaged in a brief back-and-forth on X on Friday morning.
Michael Saylor’s MicroStrategy Acquires 11.9K More Bitcoin for $786M
The company held 214,400 bitcoins as of the end of April, which at current prices would be worth about $14 billion.
MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case
The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district.
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor’s MicroStrategy (MSTR) stock could surge, too, on its way toward getting “meaningfully higher” by the end of the year, TD Cowen analyst Lance Vitanza said in a note Monday.
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
Michael Saylor, executive chairman of MicroStrategy (Michael.com)