The Latest Breaking News from MicroStrategy

Bitcoin, Ether, Coinbase fall after CFTC sues Binance

The stocks of several crypto mining companies also took a dive.

Fortune · Mar 27, 2023

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”

Fortune · Feb 2, 2023

‘We’ll prove them all wrong.’ Crypto backers defend sector in the wake of FTX crash

Cryptocurrency could survive the current downturn, but even industry backers say regulators need to step in.

Fortune · Nov 14, 2022

MicroStrategy Bought The Bitcoin Dip Again: Here's How Much BTC It Now Owns

One of the most vocal supporters of leading cryptocurrency Bitcoin (CRYPTO: BTC) has strengthened its position with another purchase. Here’s a look at what MicroStrategy is doing and how much Bitcoin it owns.

Benzinga · Sep 20, 2022

Unfazed By $917M Write-Off In Q2, MicroStrategy Plans To Add More Bitcoin Using Proceeds From Proposed $500M Stock Offering

MicroStrategy, Inc. (NASDAQ: MSTR) late Friday filed a Form 8-K with the SEC regarding an agreement with Cowen & Co. for the sale of up to $500 million worth of its Class A stock.

Benzinga · Sep 10, 2022

Think Bitcoin Will Go Down? New ETF Bets Against Bitcoin Bull Michael Saylor And MicroStrategy

MicroStrategy Incorporated (NASDAQ: MSTR) Executive Chairman Michael Saylor has been one of the most outspoken bulls for Bitcoin (CRYPTO: BTC) in recent years, a thesis that has played out at the software c

Benzinga · Aug 30, 2022

Crypto CEO steps down after bad Bitcoin bet to... focus on Bitcoin

Michael Saylor's transition within MicroStrategy comes after leaving a $918 million impairment charge in the company's books.

Input · Aug 3, 2022

Exiting MicroStrategy CEO Michael Saylor Is 'Full Speed Ahead' When It Comes To Bitcoin, Despite $1B Loss

MicroStrategy Inc. (NASDAQ: MSTR) announced a CEO transition after the company posted a $1 billion loss on Tuesday night. Although founder Michael Saylor is exit

Benzinga · Aug 3, 2022

This MicroStrategy Analyst Is Slashing Their Price Target After $1B Loss, Michael Saylor Steps Down

MicroStrategy (NYSE: MSTR) recently reported a net loss of more than $1 billion in the second quarter compared with a loss of about $299.3 million in the same period last year.

Benzinga · Aug 3, 2022

Betting Against Bitcoin And Michael Saylor: Could MicroStrategy See A Short Squeeze?

A new report shows high short interest in software company MicroStrategy Inc (NASDAQ: MSTR), which is run by Michael Saylor and is among the largest holders of Bitcoin (CRYPTO:

Benzinga · Aug 2, 2022