Is retail back or is MicroStrategy only pumping the price of bitcoin?
In 2023, MicroStrategy’s average bitcoin purchase price was near $30,000. Today, that average has jumped to near $50,000.
46 stories, newest first
In 2023, MicroStrategy’s average bitcoin purchase price was near $30,000. Today, that average has jumped to near $50,000.
MicroStrategy executives boasted about the ability to yield higher bitcoin exposure per MSTR share over time. We read the fine print.
Bitcoiners applauded a post by Marty Bent’s TFTC that claimed Michael Saylor convinced the Hawk Tuah girl to buy bitcoin.
This month alone, Michael Saylor has sold over $70 million worth of MicroStrategy stock, while in March he sold $144 million.
MicroStrategy says revenues from its analytics business may not be enough to pay its debts and it may have to sell its bitcoin or more shares.
According to BlockchainCentre.net, MicroStrategy’s 130,000 bitcoins are worth $2.7B — impressive if it hadn’t spent $4B on acquiring them.
Is bitcoin a rich man's casino? Comparing price action with moves by major players seems to confirm they can indeed shift the bitcoin market.
Microstrategy's Michael Saylor bet big on Bitcoin. Amid a bear market, here's why Bitcoin must bet big on Saylor's bets too.
Everyone has an opinion about the MicroStrategy margin call question. We reviewed the Silvergate loan documents and calculated the answers.
MicroStrategy's accountants tried to get away with not reporting paper losses on some of its Bitcoin purchases last year. The SEC noticed.