How MicroStrategy grew its $5B Bitcoin stash in 9 months
MicroStrategy’s Bitcoin stash makes up 80% of its market value, having spent over $2 billion on BTC since August.
MicroStrategy’s Bitcoin stash makes up 80% of its market value, having spent over $2 billion on BTC since August.
Cayman Islands-based Binance has partnered with a German bank to sell stock tokens, but international regulators are keeping close watch.
HSBC effectively reasoned that MicroStrategy now derives too much of its value from Bitcoin, so its customers can no longer buy MSTR stock.
MicroStrategy, the NASDAQ-listed data intelligence company run by Bitcoin bull Michael Saylor, is sitting on $4.4 billion worth of BTC.
Morgan Stanley is now MicroStrategy’s second largest shareholder after asset king BlackRock, which controls 16.5%.