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D.C. sues bitcoin whale Michael Saylor for tax fraud
MicroStrategy Inc. founder Michael Saylor was sued in August by the city of Washington, D.C., which alleges that he defrauded the nation’s capital of more than $25 million in income
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MicroStrategy CEO Michael Saylor to step down, become exec chair
Move comes as company reports $1.9B bitcoin loss
Published
Amid mounting losses from its multibillion-dollar bitcoin investments, MicroStrategy Inc. CEO and founder Michael Saylor is stepping down from his current role and will take on the position of executive
Tysons-based MicroStrategy names new CFO
Company could face big payment to back bank loan
Published
Tysons-based business software company MicroStrategy Inc., best known for its nearly $4 billion investment in bitcoin since 2020, has announced that Andrew Kang will be its new senior executive vice
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MicroStrategy buys $414M more bitcoin in Q4
Tysons software company holds about $69B in the cryptocurrency
Published
MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and
MicroStrategy bought $420M more bitcoin in Q3
Tysons software company now holds $7.5B in bitcoin
Published
MicroStrategy Inc. purchased nearly 9,000 additional bitcoins in the third quarter for almost $420 million, according to a quarterly report the Tysons-based business software company filed with the U.S. Securities
MicroStrategy buys $1B+ in bitcoin
Tysons-based software company now has $4.5B in bitcoin holdings
Published
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August.
MicroStrategy ups the ante on bitcoin investment
Tysons company increases latest announced bitcoin buy to $900M
Published
Tysons-based business software company MicroStrategy Inc. is going all in on its bitcoin strategy: The company announced Wednesday it would raise $900 million from a convertible senior notes offering set
MicroStrategy raises $650M to be invested in bitcoin
Company announced debt offering last week
Published
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates
MicroStrategy to increase bitcoin holdings by $550M
Tysons tech firm was one of the first public companies to use cryptocurrency for cash holdings
Published
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it will increase its bitcoin holdings by as much as $550 million following a convertible debt offering. In August, the company