Latest news with #MicroStrategyInc
San Francisco Chronicle
01-08-2025
- Business
- San Francisco Chronicle
MicroStrategy: Q2 Earnings Snapshot
TYSONS CORNER, Va. (AP) — TYSONS CORNER, Va. (AP) — MicroStrategy Inc. (MSTR) on Thursday reported net income of $10.02 billion in its second quarter. The Tysons Corner, Virginia-based company said it had profit of $32.60 per share. The business software company posted revenue of $114.5 million in the period.
Economic Times
23-07-2025
- Business
- Economic Times
Michael Saylor's Strategy owns 3% of Bitcoin in circulation after latest purchase
Michael Saylor's Strategy now owns more than 3% of all the Bitcoin ever minted following the crypto treasury company's latest purchase of the original cryptocurrency. ADVERTISEMENT The former MicroStrategy Inc. acquired 6,220 Bitcoin for $739.8 million during the seven days ended July 20, according to a filing Monday with the US Securities and Exchange Commission. This raised the Tysons Corner, Virginia-based firm's holdings to 607,770 Bitcoin — which is about 3.05% of the roughly 19.9 million token issued. The stack is worth about $72 billion. Strategy has been using a combination of common and preferred shares, as well as debt, to fund Bitcoin purchases since it began accumulating the cryptocurrency in late 2020 as a hedge against inflation. Dozens of companies have begun to emulate the practice. Strategy is the world's leading corporate owner of Bitcoin. BlackRock's iShares Bitcoin Trust ETF (IBIT) holds about $86 billion in assets. While some other tokens' unlimited supply has concerned investors, Bitcoin's store of value proposition has been buoyed by the 21 million limit on the number of tokens to be mined. Instructions in the network's original code have further helped to promote the scarcity value of the token — like quadrennial halving events that automatically slash the amount of token rewards miners earn. The last Bitcoin is expected to be issued in the year 2140. Strategy said separately Monday that it planned to offer 5 million of variable-rate Series A perpetual Stretch preferred stock to help finance additional Bitcoin purchases. It is the fourth series of preferred shares by the company. The common shares of Strategy has surged more than 3,500% since Saylor - a founder and executive chairman of the company - began buying Bitcoin. The cryptocurrency has risen about 1,100% during the same period, while S&P 500 has increased around 120%. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
23-07-2025
- Business
- Time of India
Michael Saylor's Strategy owns 3% of Bitcoin in circulation after latest purchase
Michael Saylor's Strategy now owns more than 3% of all the Bitcoin ever minted following the crypto treasury company 's latest purchase of the original cryptocurrency . The former MicroStrategy Inc. acquired 6,220 Bitcoin for $739.8 million during the seven days ended July 20, according to a filing Monday with the US Securities and Exchange Commission. This raised the Tysons Corner, Virginia-based firm's holdings to 607,770 Bitcoin — which is about 3.05% of the roughly 19.9 million token issued. The stack is worth about $72 billion. Explore courses from Top Institutes in Please select course: Select a Course Category healthcare Product Management Finance CXO Operations Management MCA Others Healthcare MBA others Management Technology Cybersecurity Data Science Digital Marketing Data Science Project Management Artificial Intelligence Public Policy Design Thinking Data Analytics Leadership PGDM Degree Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details Strategy has been using a combination of common and preferred shares, as well as debt, to fund Bitcoin purchases since it began accumulating the cryptocurrency in late 2020 as a hedge against inflation. Dozens of companies have begun to emulate the practice. Strategy is the world's leading corporate owner of Bitcoin. BlackRock's iShares Bitcoin Trust ETF (IBIT) holds about $86 billion in assets. Crypto Tracker TOP COIN SETS NFT & Metaverse Tracker 15.58% Buy DeFi Tracker 11.00% Buy Crypto Blue Chip - 5 7.78% Buy AI Tracker 6.81% Buy Web3 Tracker 3.48% Buy TOP COINS (₹) BNB 68,682 ( 3.52% ) Buy Bitcoin 10,319,321 ( 1.58% ) Buy Tether 86 ( 0.11% ) Buy XRP 304 ( -0.87% ) Buy Ethereum 322,583 ( -1.33% ) Buy While some other tokens' unlimited supply has concerned investors, Bitcoin's store of value proposition has been buoyed by the 21 million limit on the number of tokens to be mined. Instructions in the network's original code have further helped to promote the scarcity value of the token — like quadrennial halving events that automatically slash the amount of token rewards miners earn. The last Bitcoin is expected to be issued in the year 2140. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Strategy said separately Monday that it planned to offer 5 million of variable-rate Series A perpetual Stretch preferred stock to help finance additional Bitcoin purchases. It is the fourth series of preferred shares by the company. Live Events The common shares of Strategy has surged more than 3,500% since Saylor - a founder and executive chairman of the company - began buying Bitcoin. The cryptocurrency has risen about 1,100% during the same period, while S&P 500 has increased around 120%.
Bloomberg
21-07-2025
- Business
- Bloomberg
Strategy Seeks $500 Million in Latest Preferred Equity Sale
Michael Saylor's Strategy is seeking to raise at least $500 million from its latest sale of preferred equity, offering a variable-rate security to fund more Bitcoin purchases. Bitcoin's biggest corporate owner, which is known formally as MicroStrategy Inc., is marketing 5 million shares of Series A Perpetual Stretch preferred shares with an initial dividend rate of 9%, according to a statement Monday.
Al Etihad
14-07-2025
- Business
- Al Etihad
Bitcoin holdings of Saylor's Strategy swell to over $70 billion
14 July 2025 20:40 (BLOOMBERG)The total value of Bitcoin held by Michael Saylor's Strategy has surpassed $73 billion as the cryptocurrency treasury company resumed purchases of the digital asset with prices at an all-time former MicroStrategy Inc. bought 4,225 Bitcoin tokens for $472 million at an average price of $111,827 during the seven days ended July 13, according to a filing with the US Securities and Exchange Commission on purchase, the latest in a series of almost weekly acquisitions of the cryptocurrency, increased the Tysons Corner, Virginia-based firm's holdings of the digital asset to around $73 billion, or around 2.8% of all the 21 million tokens that will ever be minted. Strategy is the largest corporate owner of Bitcoin and boasts a market capitalization of more than $121 recently pivoted from selling common shares and has been marketing three different offerings of preferred shares through its at-the-market program to fund its Bitcoin purchases. The company raised $472 million from last week's sale of these products, with the majority of it going toward its Bitcoin haul. The stock-like products are able to be traded forever and produce company is set to register a multi-billion dollar quarterly profit when it reports earnings next month due to a rebound in the price of Bitcoin and a fairly recent accounting change related to valuing its massive holdings of the cryptocurrency. This quarter, the company has spent $7.24 billion on Bitcoin over 13 separate purchases, according to data compiled by Bloomberg. Strategy's shares have soared over 3,300% since Saylor began buying Bitcoin in the middle of 2020 as a hedge against inflation. Bitcoin is up more than 1,000% during the same period, while the S&P 500 has increased around 115%. The original cryptocurrency hit an all-time high of $123,000 before paring back gains on Monday. It is now trading at $121,696 as of 10:11 am in New York.
