Tag: microstrategy
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MicroStrategy CEO Phong Le Clarifies Bitcoin Sales Strategy, Emphasizing Math-Driven Decisions and Shareholder Value Protection
MicroStrategy, the business intelligence firm that has become the world’s largest corporate holder of Bitcoin, has provided crucial clarification regarding its Bitcoin sales strategy. CEO Phong Le affirmed that the company would only divest its substantial Bitcoin reserves under very specific and financially disciplined conditions, primarily to fund the 11.5% dividend on its STRC preferred…
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Michael Saylor’s MicroStrategy Acquires Significant Bitcoin Holdings, Bitmine Immersion Technologies Boosts Ethereum Position
Michael Saylor’s publicly traded business intelligence company, MicroStrategy, has significantly expanded its Bitcoin treasury, announcing a substantial purchase of 17,994 BTC for approximately $1.28 billion. This latest acquisition, made at an average price of roughly $70,946 per Bitcoin, underscores the company’s unwavering commitment to Bitcoin as a primary reserve asset. The move brings MicroStrategy’s total…
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Michael Saylor’s MicroStrategy Amasses Over 761,000 Bitcoin in Landmark Accumulation Drive
Michael Saylor’s firm, MicroStrategy, has once again demonstrated its unwavering commitment to Bitcoin, announcing the acquisition of an additional significant tranche of the flagship cryptocurrency. This latest purchase, amounting to over 22,000 BTC, underscores the company’s aggressive and sustained strategy of accumulating Bitcoin as its primary treasury reserve asset. The transaction, valued at approximately $1.57…
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