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According to Michael Saylor’s latest announcement, the world’s largest bitcoin holding company now owns 528,185 BTC. That is more than 2.6% of bitcoin’s circulating supply. Personally, Saylor also owns at least 17,000 additional bitcoin. Combined, therefore, he and the company he founded own over 2.7% of bitcoin’s $1.6 trillion market capitalization. MicroStrategy, doing business as Strategy, is a highly leveraged speculator on bitcoin’s price. Strategy currently owes $8.2 billion in US dollar-denominated debts. In addition, Strategy has dividend obligations to two preferred series of shareholders, STRK and STRF. Michael Saylor’s Strategy makes up metrics to explain MSTR dilution Read more: Michael Saylor suggests selling kidneys as bitcoin dips below $80K Blessed with an avid fan base of investors who think that the bitcoin-acquiring company is worth more than the bitcoin it has acquired, its MSTR common shares trade at a curious premium to the assets that back ...

For years, MicroStrategy (MSTR) founder Michael Saylor has been complaining that regulators have been unfairly forcing him to undervalue bitcoin (BTC) as a corporate asset. As of January 1, 2025, he got his wish — and might have created an unexpected, multi-billion dollar tax bill in the process. Prior to 2025, Financial Accounting Standards Board’s (FASB) reporting standards for Securities and Exchange Commission (SEC) filings classified MicroStrategy’s BTC as an “indefinite-lived intangible asset.” This designation required MicroStrategy, as a public company, to permanently mark down the value of its BTC when it declined in USD price. Permanently marked down, the company could never mark up the value again, unless it actually sold the asset. Saylor decried this unfair treatment, claiming it was lunacy to not be able to report a gain after a markdown even as BTC’s price rebounded . Saylor fought for an ostensibly BTC-friendly change to FASB acco...

Under Michael Saylor’s leadership, MicroStrategy (NASDAQ: MSTR) has become the publicly-traded company that has most closely tied its prospects to leading cryptocurrency Bitcoin (BTC). The business is the largest corporate holder of Bitcoin — and there are no signs to indicate that its accumulation strategy is slowing down. With the bull market already in full swing and BTC set to cross the $100,000 threshold any time soon, MSTR shares have benefited greatly. Chart detailing MicroStrategy’s Bitcoin accumulation. Source: Bitcoin Archive on X Saylor and MicroStrategy keep doubling down and purchasing BTC regardless of market conditions — but for now, it obviously seems to be working, as the accumulation strategy is outpacing even the most fervent miners — more to the point, it’s actually outperforming BTC itself. At press time, one Bitcoin was worth $97,930,000 — after a 46% rally on the monthly chart that has brought YTD gains up to 132.03%. ...

MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset. On Monday, Saylor announced that the publicly-traded company had acquired another 27,200 BTC for over $2 billion. The news coincided with the surge in Bitcoin price – which reached a new all-time high above $84k. Earlier, the world’s largest and most popular cryptocurrency had traded to above $82k. This follows sentiment from the Donald Trump election victory, which continues to create a bullish buzz. MicroStrategy its $22 billion in BTC purchases The latest Bitcoin purchase for MicroStrategy comes after the company raised $2.03 billion. Earlier, MicroStrategy had revealed plans to raise $42 billion to buy more bitcoins – a scenario that has added to the overall bullish sentiment around the benchmark cryptocurrency. Saylor said his company spent these proceeds on buyin...

Ethereum co-founder Vitalik Buterin slammed Michael Saylor’s suggestion that investors should store their crypto with big banks, calling the idea “batshit insane.” “I’ll happily say that I think Saylor’s comments are batshit insane,” the Ethereum co-founder said in an Oct. 22 post on X post. Vitalik Buterin Says Bitcoin Custody Through Banks Can Fail Buterin said Saylor is arguing for a ‘’regulatory capture’’ approach to protecting crypto. Some argue that has advantages because when regulated entities like BlackRock and Fidelity custody crypto assets, lawmakers and law enforcement arms are, as Buterin acknowledged, ” invested in those entities.’’ Still, the Ethereum co-founder is unconvinced it’s the best way forward. “There’s plenty of precedent for how this strategy can fail, and for me it’s not what crypto is about,” he said. Crypto was built to decentralize power...

YieldMax, a firm specializing in exchange-traded funds (ETFs), has filed to launch a novel yield-bearing ETF based on shares of Michael Saylor’s Bitcoin (BTC) holding company, MicroStrategy. According to a Dec. 7 filing with the U. S. Securities and Exchange Commission (SEC), the proposed ETF, named Option Income Strategy ETF, is scheduled for a 2024 release and will trade under the ticker MSTY. This ETF employs a “synthetic covered call” strategy, which involves a combination of buying call options and selling put options to generate income. This income is then planned to be distributed monthly to MSTY ETF holders. Interestingly, the ETF will not hold any spot MicroStrategy shares but will solely focus on trading MSTR derivatives . To mitigate risks, the fund will cap its monthly gains from call options at 15%. This strategy means that the monthly yields from the ETF are not directly tied to the performance of MicroStrategy’s stock. Therefore, investors co...