MicroStrategy Archives - Rvpg media

Unfazed By $917M Write-Off In Q2, MicroStrategy Plans To Add More Bitcoin Using Proceeds From Proposed $500M Stock Offering By Benzinga

© Reuters. Unfazed By $917M Write-Off In Q2, MicroStrategy Plans To Add More Bitcoin Using Proceeds From Proposed $500M Stock Offering MicroStrategy, Inc. (NASDAQ: MSTR) late Friday filed a Form 8-K with the SEC regarding an agreement with Cowen & Co. for the sale of up to $500 million worth of its Class A stock. … Read more

MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing

MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing. MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC over several years at an aggregate purchase … Read more

MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases

MicroStrategy (MSTR), a software developer that has become a corporate bitcoin (BTC) vault, plans to sell up to $500 million of stock to fund more purchases of the cryptocurrency. A Friday filing with the U.S. Securities and Exchange Commission revealed the stock offering, which will be for “general corporate purposes, including the acquisition of bitcoin.” … Read more

Friends and supporters of BTC #5: cofounder of MicroStrategy Michael Saylor | by crypto_albert | Coinmonks | Sep, 2022

In these articles dedicated to Bitcoin supporters, I could not forget a man who has recently stood out for his claims in favor of Bitcoin despite the bear market: Michael Saylor. Michael Saylor, cofounder of MicroStrategy Entrepreneur, he is MicroStrategy cofounder, a company that provides business intelligence, mobile software, and cloud-based services. He is also … Read more

The MicroStrategy whistleblower offers up fascinating details about Michael Saylor in $25 million tax fraud suit

On August 31, the District of Columbia famously filed a civil suit accusing Michael Saylor, Bitcoin’s chief proselytizer, of cheating the District out of $25 million in taxes. So far, the revelations in the action haven’t dented the flagship cryptocurrency’s price. But they present a fascinating picture of how the flamboyant promoter so revered and … Read more

Saylor and MicroStrategy Targeted by DC Attorney General: Crypto Astro News from ShiningBull | by Shining Bull Astrology | Coinmonks | Sep, 2022

Just as Rahu transits the 3º orb of MSTR stock’s natal Venus and Michael Saylor’s natal Jupiter, we have news of the DC Attorney General targeting both the CEO and MicroStrategy for tax evasion. MSTR stock dropped, and during the time since this news, btc has not been doing so well, to put it lightly. … Read more

The estimated losses in Tesla, MicroStrategy, and Block’s bitcoin | by Ayushi Jain | Coinmonks | Sep, 2022

Tesla, MicroStrategy, and Block Inc have Bitcoin in their cryptocurrency wallets — the most widely used cryptocurrency in the most unpredictable, “cryptocurrency market.” Despite being aware of the volatility of Bitcoin, these three well-known tech companies have invested extensively in it. It has been predicted that if the price of Bitcoin falls in the incredibly … Read more

DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion

Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his office will be suing business intelligence firm MicroStrategy and its co-founder Michael Saylor for charges related to tax evasion. In a Wednesday Twitter thread, Racine announced a lawsuit against MicroStrategy and its previous CEO Michael Saylor, claiming that … Read more

MicroStrategy stock MSTR hits 3-month high after CEO’s exit

MicroStrategy (MSTR) stock opened higher on Aug. 3 as investors digested the news of its CEO Michael Saylor’s exit after a depressive quarterly earnings report. Microstrategy stock up 142% since May lows  On the daily chart, MSTR’s price surged by nearly 14.5% to $324.55 per share, the highest level since May 6. The stock’s intraday … Read more