microstrategy

The D.C. AG alleges that Saylor and MicroStrategy conspired to commit tax evasion by fraudulently representing Saylor’s primary residence from 2005 to present.

The current CEO of MicroStrategy will soon become executive chairman to better focus on the company’s Bitcoin strategy.

After a year of borrowing and buying, what’s the outlook for the bitcoin bulls at MicroStrategy?

The CEO of MicroStrategy announced the company has purchased an additional 480 bitcoin, netting a total treasury of 129,699 BTC amid market downturns.

Michael Saylor took to Twitter to assure investors that MicroStrategy’s balance sheet is well-positioned to avoid a margin call in its bitcoin-backed loan.

Octagon Networks has converted its entire balance sheet into bitcoin and will begin accepting payments in BTC for all services.

Shares of GBTC are trading below prices seen during the 2017 bull run and markets are repricing the level of risk of holding MicroStrategy equity.

MicroStrategy’s newest CFO confirmed the company will not be selling its bitcoin and has not received pressure from stakeholders to sell in a recent interview.

Michael Saylor said that in addition to 115,109 BTC, MicroStrategy could pledge ‘some other collateral’ if needed.

Michael Saylor’s company faced unrealized losses for the first time on Monday as bitcoin dipped below its average purchase price.