MicroStrategy's BTC accumulation plan is on course, as its co-founder Michael Saylor posted the Bitcoin tracker for the 12th consecutive week.
Their biggest backers include an unlikely group of insurance companies, mutual funds and other usually conservative bond investors. The software company turned itself into a bitcoin whale and now owns some $48 billion of the cryptocurrency.
MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains.
MicroStrategy said that it’s taking measures to manage $1.05 billion in corporate debt accumulated while stockpiling Bitcoin.
MicroStrategy's bitcoin-backed bonds attract conservative investors despite high risks. With shares surging and critics skeptical, is the bet sustainable?
This comes as the company continues its relentless Bitcoin buying spree, now holding 461,000 BTC worth around $48.65 billion. Its latest zero-interest convertible bond issuance raised $3 billion, reinforcing its high-risk,
New rules could tax unrealized gains on bitcoin holdings at large companies.
MicroStrategy may face federal income tax obligations on its significant unrealized gains, which currently exceed $19.3 billion.
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential
MicroStrategy’s $47B Bitcoin holdings face tax risks as U.S. laws evolve, introducing a 15% levy on unrealized gains.
MicroStrategy has spent years raising money via stock and debt offerings to buy Bitcoins. Now, the company is one of the largest holders of the asset, with a