Tag: Saylor

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Michael Saylor’s $30M Bitcoin Acquisition Catapults His Crypto Wealth into the Billions – Here’s the Latest

Exhibiting a consistently bullish stance on Bitcoin (BTC), Michael Saylor, the founder and executive chairman of software company MicroStrategy, has significantly expanded the firm’s crypto exposure through a recent substantial investment. MicroStrategy unveiled its latest BTC purchase in a filing with the U.S. regulator Securities and Exchange Commission (SEC). … Read More: Michael Saylor’s $30M Bitcoin…
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MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. Software analytics company MicroStrategy recorded a paper loss of over a billion dollars on its Bitcoin (BTC) holdings in 2022 but says it has no plans to stop trading…
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