MSTR

CDCROP: MicroStrategy Executive Director Michael Saylor (Joe Raedle/Getty Images)
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.
CDCROP: MicroStrategy Executive Director Michael Saylor (Joe Raedle/Getty Images)

Profit decline Markets indices markets (Shutterstock)
Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Shares of rival crypto exchange Coinbase fell by nearly 10%.
Profit decline Markets indices markets (Shutterstock)

CoinDesk - Unknown
MicroStrategy Doubles Down on Bitcoin With Purchase of Additional 301 BTC
MicroStrategy (MSTR) bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million, according to a filing with the U.S. Securities and Exchange Commission. The recent purchases increased the company’s total bitcoin holdings to almost 130,000. “The Hash” panel breaks down the investment.
CoinDesk - Unknown

CoinDesk - Unknown
MicroStrategy Defended at BTIG; Saylor Not Expecting Imminent Margin Call
With bitcoin (BTC) prices falling, some question whether MicroStrategy (MSTR) may have to part with or pledge as collateral more of its 129,218 coin stack. “The Hash” discusses the outlook for MicroStrategy as CEO Michael Saylor told the Wall Street Journal, “we don’t expect to receive a margin call.”
CoinDesk - Unknown

CoinDesk - Unknown
MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
According to its recent earnings report, software firm MicroStrategy (MSTR) took a non-cash digital asset impairment charge of $170.1 million in the first quarter on its bitcoin holdings. “The Hash” group discusses the impact of bitcoin’s recent price decline on MicroStrategy’s earnings and shareholder response to the company’s crypto experiment.
CoinDesk - Unknown

CoinDesk - Unknown
Is Bitcoin Due for a Lower Fall?
Bitcoin rebounded after it slipped below $30K Tuesday morning, but is it due for a lower fall? Secure Digital Markets’ Mostafa Al-Mashita weighs in, exploring the possible impact of China’s continued crypto crackdown. Plus, his outlook on institutional activity as MicroStrategy (MSTR) shares were hit hard amid bitcoin’s price drop.
CoinDesk - Unknown

CoinDesk - Unknown
OK, Boomer: HSBC Bans Customers from Buying MicroStrategy, Coinbase Stocks
Financial giant HSBC is not hopping on the crypto bandwagon anytime soon. A representative from the company said the bank has a “limited appetite” for products that derive value from virtual currencies. Is HSBC’s decision based on a lack of shareholder interest, or is the bank staying on the sideline out of fear?
CoinDesk - Unknown