MicroStrategy | ForkLog

ForkLog 37 05.05.2023

MicroStrategy launches Lightning Network-based rewards service.

The analytics software provider MicroStrategy has unveiled a platform for rewarding customers or employees based on the Bitcoin Lightning Network (LN).

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ForkLog 20 02.05.2023

MicroStrategy posts $461.2 million Q1 profit

The analytics software provider MicroStrategy, for the period January–March 2023, posted net income of $461.2 million. During the reporting period the company increased its holding in digital gold by 7,500 BTC—to 140,000 BTC.

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ForkLog 45 18.04.2023

Michael Saylor Turns Email into a Lightning Network Address

The founder of MicroStrategy, Michael Saylor, turned his corporate e-mail into a Lightning Network address.

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ForkLog 22 11.04.2023

MicroStrategy’s Bitcoin Position Turns Positive After Breaching $30,000

The analytics software provider MicroStrategy offset its unrealized losses on its bitcoin holdings after the price of the first cryptocurrency reached $30,000.

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ForkLog 9 10.04.2023

Opinion: MicroStrategy will have to sell every Bitcoin

Hal Press, founder of North Rock Digital, criticised MicroStrategy's strategy for acquiring Bitcoin.

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ForkLog 27 05.04.2023

MicroStrategy buys 1,045 BTC for $29.3 million

The analytics software provider MicroStrategy has added to its bitcoin holdings by purchasing 1,045 BTC, according to founder Michael Saylor.

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ForkLog 25 27.03.2023

MicroStrategy buys 6,455 more BTC for $150 million

The analytics software provider MicroStrategy has added 6,455 BTC. This was announced by the company's founder, Michael Saylor.

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ForkLog 8 03.03.2023

Michael Saylor to Stand as Defendant in Tax-Fraud Case

The Supreme Court of the District of Columbia denied MicroStrategy founder Michael Saylor's motion to dismiss the income tax suit.

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ForkLog 23 17.02.2023

MicroStrategy reports raising $46.6 million since September 2022

MicroStrategy has raised $46.6 million from the sale of its securities since September 2022, according to the Securities and Exchange Commission filing.

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ForkLog 20 03.02.2023

MicroStrategy reports quarterly loss of $249.7 million

The business analytics software company MicroStrategy said that net loss in the fourth quarter of 2022 amounted to $249.7 million. The write-down of Bitcoin assets weighed on results as the price declined. During the period the company {{AOPEN_1}}sold 704 BTC{{ACLOSE_1}}, but remains the owner of 132,500 BTC. The coins lost $197.6 million in value. “Our corporate strategy and conviction in buying, holding, and expanding our position in Bitcoin in the long term remain unchanged,” said Chief Financial Officer Andrew Kang. Market analysts had expected that the quarter would be profitable for MicroStrategy for the first time in two years. Revenue from the core business was $132.6 million, down 1.5% year on year. In the wake of the earnings release, MicroStrategy co-founder and former CEO Michael Saylor posted a tweet with a statement: “Bitcoin is a mission.” Earlier, in November 2022, Saylor confirmed the commitment of the company to a strategy of buying and accumulating the first cryptocurrency.

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ForkLog 10 11.01.2023

Market maker Group One acquires 13.5% stake in MicroStrategy

Based in Chicago, market maker Group One became the owner of 1,261,744 MicroStrategy shares, equivalent to a 13.49% stake. The information is contained in the SEC filing.

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ForkLog 22 29.12.2022

MicroStrategy to roll out Lightning Network-based solutions in 2023

In 2023, MicroStrategy will roll out a range of Lightning Network-based solutions built on the Bitcoin Lightning Network (LN). This was stated by the founder and executive chairman Michael Saylor.

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