Key Takeaways In a settlement hailed as the “biggest-ever income tax fraud recovery” for the District of Columbia, tech entrepreneur Michael Saylor and the company he founded, MicroStrategy agreed to pay $40 million to resolve accusations of dodging taxes for…
Key Takeaways BlackRock’s spot Bitcoin exchange-traded fund (ETF) has achieved a remarkable feat, surpassing MicroStrategy’s holdings of the cryptocurrency. The ETF, known as IBIT, has crossed the $10 billion mark in assets under management (AUM), indicating its growing dominance in…
Key Takeaways On Monday, February 26, MicroStrategy, a prominent business intelligence firm recognized for its substantial holdings in Bitcoin, found itself embroiled in a cybersecurity incident. The company’s official social media account, known as X, was compromised by hackers, who…
Key Takeaways In its recent earnings call for Q4 2023, MicroStrategy, a prominent enterprise software company known for holding a substantial amount of Bitcoin, shared some significant updates. The company announced that it had added 850 BTC to its holdings…
Key Takeaways Cowen and BTIG are leading the stock offering. The stock offering to be used for “general corporate purposes, including the acquisition of bitcoin.” Leading business intelligence company MicroStrategy (MSTR) plans to sell up to $500 million of stock…
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