MicroStrategy admits it might need to sell bitcoin by 2026
If its finances get much worse or BTC keeps sliding, MicroStrategy could be looking at possibly selling some of its coins by next year.
Results for Michael Saylor, MicroStrategy
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Bitcoin crashed below Michael Saylor’s ‘sell your kidney’ price
As BTC crashed below the price at which Michael Saylor suggested selling a kidney, he reminded us that its price never declines in BTC terms.
MicroStrategy pauses buys, says MSTR shareholders don’t own its bitcoin
MicroStrategy didn’t buy any BTC last week. Not only that, MSTR shareholders don’t even own the company’s BTC.
MicroStrategy bought 2.6% of circulating bitcoin at $67,458 apiece
MicroStrategy and its founder have amassed over 2.7% of all circulating bitcoin. They are up billions on the trade so far.
As GameStop buys bitcoin, Michael Saylor vows to burn his own private keys
In addition to applauding Gamestop, Saylor promised to burn his private keys and “make everyone in the network richer and more powerful.”
— Michael Saylor, MicroStrategy
15% discount and 17% yield boost made Strategy STRF sale ‘upsized’
Although dividend and liquidation preference numbers for Strategy’s STRF appear unchanged, initial buyers are getting a de facto discount.
— Michael Saylor, MicroStrategy
Michael Saylor will pay 18% dividends to buy bitcoin if he has to
Michael Saylor has invented yet another way to raise capital to buy BTC for Strategy: STRF preferreds with higher cash dividends.
CHART: Bitcoin crashes toward Strategy (MSTR) cost basis
The cost basis of Strategy's bitcoin purchases has steadily risen over time, yet the price of bitcoin itself is on the decline.
— Michael Saylor, MicroStrategy
How much pain can Strategy take before debt exceeds bitcoin?
Strategy (MSTR) owes $8.2 billion to creditors. Bitcoin needs to stay above a certain price for Michael Saylor to service these debts.
Michael Saylor suggests selling kidneys as bitcoin dips below $80K
As the price of bitcoin declined 25% from its January 20 high, Michael Saylor started talking about selling kidneys to HODL.