Bitcoin24h $64,870.58+1.33%

Ethereum24h $1,912.03+2.63%

BNB24h $595.20-0.68%

XRP24h $1.05-1.34%

Solana24h $73.99+0.37%

TRON24h $0.3270+0.06%

Hyperliquid24h $55.94-1.38%

Dogecoin24h $0.0699+0.43%

UNUS SED LEO24h $9.75-0.02%

Zcash24h $508.04-1.51%

MicroStrategy owns almost 2% of all circulating bitcoin — now what?

According to its most recent 8K, MicroStrategy, holds 214,246 bitcoins — between 1.3% and 1.8% of all bitcoin that can ever be moved.

MicroStrategy eyes $750M stock sale, likely to buy more bitcoin

MicroStategy claimed in December that it would sell its bitcoin before offloading more shares. Since then, it’s sold $339 million in shares.

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.

Michael Saylor, chairman of MicroStrategy, candidly explained why he went all-in on bitcoin… and what happens if the firm goes broke.

According to two investment tracking websites, Michael Saylor and Nayib Bukele are a combined $1.75B down on their bitcoin investments.