MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.
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Jun 28, 2023 at 2:22 p.m. UTC
Jun 28, 2023
MSTR
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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.
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May 1, 2023 at 8:53 p.m. UTC
May 1, 2023
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Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Shares of rival crypto exchange Coinbase fell by nearly 10%.
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Mar 27, 2023 at 3:38 p.m. UTC
Mar 27, 2023
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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 re...
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Sep 20, 2022 at 6:30 p.m. UTC
Sep 20, 2022
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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” discusse...
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Jun 14, 2022 at 7:31 p.m. UTC
Jun 14, 2022
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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 bitco...
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May 4, 2022 at 6:49 p.m. UTC
May 4, 2022
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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 imp...
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Jun 22, 2021 at 8:14 p.m. UTC
Jun 22, 2021
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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 val...
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Apr 16, 2021 at 6:48 p.m. UTC
Apr 16, 2021