Microstrategy

MicroStrategy’s Official X Hacked: Over $440K In Crypto Stolen
Crypto

MicroStrategy’s Official X Hacked: Over $440K In Crypto Stolen

MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), fell victim to a sophisticated phishing attack, leading to losses exceeding $440,000. The breach occurred through MicroStrategy’s X account, where hackers posted malicious links promoting a fake airdrop of an alleged “official” Ethereum-based MSTR token. MicroStrategy promptly removed the misleading post, but a crypto personality, Spreek, […]

Feb. 26, 2024
MicroStrategy’s Bitcoin Boost: Stacks More BTC as ETF Speculation Peaks
Bitcoin

MicroStrategy’s Bitcoin Boost: Stacks More BTC as ETF Speculation Peaks

Business intelligence firm MicroStrategy has once again bolstered its Bitcoin (BTC) holdings, adding 14,620 BTC to its portfolio between November 20 and December 26. The purchase, valued at $615.7 million in cash, was officially disclosed in MicroStrategy’s 8-K filing with the U.S. Securities and Exchange Commission. MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 […]

Dec. 27, 2023
MicroStrategy’s Q3 2023: Bitcoin Treasure Trove and BI Resilience
Bitcoin

MicroStrategy’s Q3 2023: Bitcoin Treasure Trove and BI Resilience

MicroStrategy, a top figure­ in business intelligence, has revealed its third quarte­r of 2023 financial outcomes. As of October 31, the company owns a sizable­ collection of Bitcoin, totaling 158,400, purchased at an overall cost of $4.69 billion. That ave­rages to about $29,586 for each Bitcoin. Also, the company has be­en earnestly growing its cryptocurre­ncy […]

Nov. 2, 2023
MicroStrategy’s Latest Earnings Release: Bitcoin Investment Update
Bitcoin

MicroStrategy’s Latest Earnings Release: Bitcoin Investment Update

MicroStrategy, the largest Bitcoin-owning software business, has released its financial statistics for the second quarter of 2021. The company re­corded a gross profit of $93.3 million, marking a noteworthy 10% rise from the­ previous year. However, it experienced a $18.9 million loss on its digital assets, which included Bitcoin and other cryptocurrencies. MicroStrategy has be­en […]

Aug. 3, 2023