Finance, Balance sheet, Michael J. Saylor, Investment, MicroStrategy, Money

MicroStrategy's crypto holdings may be paying off more than its business

On Oct 27, 2020
@Cointelegraph shared
[email protected] reported a net income loss in Q3 2020 of $14.2M, while profit from its #Bitcoin holdings have now increased by $100M. https://t.co/LvQZLBv3Li
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According to one researcher, business intelligence firm MicroStrategy reported $78M in net income starting from Q1 2017, while the value of its initial $425M Bitcoin purchase has increased 23.5%.

cointelegraph.com
On Oct 27, 2020
@Cointelegraph shared
[email protected] reported a net income loss in Q3 2020 of $14.2M, while profit from its #Bitcoin holdings have now increased by $100M. https://t.co/LvQZLBv3Li
Open

MicroStrategy's crypto holdings may be paying off more than its business

MicroStrategy's crypto holdings may be paying off more than its business

According to one researcher, business intelligence firm MicroStrategy reported $78M in net income starting from Q1 2017, while the value of its initial $425M Bitcoin purchase has increased ...

BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment

BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment

$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week

Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment

Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment

Square, the payments company helmed by Twitter CEO Jack Dorsey, announced Thursday it has purchased 4,709 bitcoins.

Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin 'Superior to Cash'

Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin 'Superior to Cash'

Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a "dependable store of value" that is "superior to cash." The billion-dollar company has purchased $250 ...

MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchas

EDITOR'S COMMENT.

EDITOR'S COMMENT.

“This investment reflects our belief that Bitcoin, as the world’s most widely adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term ...

250 Million Reasons Why MicroStrategy Adopted Bitcoin... And Why Others Will Too

250 Million Reasons Why MicroStrategy Adopted Bitcoin... And Why Others Will Too

The CEO of the company that just bought 21,454 BTC calls it “digital gold,” and the tide will cause the business world to admit the same...

Jack Dorsey’s Square Purchases $50 Million Worth Of Bitcoin

Jack Dorsey’s Square Purchases $50 Million Worth Of Bitcoin

Leading financial technology company Square revealed that it had deployed $50 million of capital on its balance sheet to purchase Bitcoin. The company purchased over 4,900

Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive

Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive

Since peaking in late August, the price of Bitcoin has undergone a strong decline that has brought the cryptocurrency as low as $9,800. At its worst, BTC

CoinShares Hits $1 Billion in Assets Under Management as Demand for Bitcoin Increases

CoinShares Hits $1 Billion in Assets Under Management as Demand for Bitcoin Increases

CoinShares' funds now hit $1 billion, as there is an increasing global interest in cryptocurrency and the demand for Bitcoin is up.

INTERIM FINANCIAL STATEMENTS TO 30 JUNE 2019

INTERIM FINANCIAL STATEMENTS TO 30 JUNE 2019

Corporate Highlights: Wholly owned Gibraltar registered subsidiary, Coinsilium (Gibraltar) Limited, incorporated; Advisory services provided in relation to OASISBloc's presale and Initial ...

Bitcoin Daily: MicroStrategy CEO Says Bitcoin Is ‘Less Risky’ Than Cash; Police Probe Indian Crypto Exchange In $272K Theft

Bitcoin Daily: MicroStrategy CEO Says Bitcoin Is ‘Less Risky’ Than Cash; Police Probe Indian Crypto Exchange In $272K Theft

The CEO of MicroStrategy claims that the Fed's easing of its inflation approach was a factor in his decision to convert the rest of the firm's money to bitcoin.

Chat #47 - Magic Gold with Michael Saylor

Chat #47 - Magic Gold with Michael Saylor

Today we bring on Michael Saylor, CEO of MicroStrategy after they have announced a $425 million investment into Bitcoin. With a move to making Bitcoin their dominant treasury reserve asset, ...