It’s another Monday, and like clockwork, MicroStrategy has done it again. The company, led by Bitcoin maximalist Michael Saylor, just dropped $101 million on another 1,070 Bitcoins. The average cost was $94,004 per Bitcoin. MicroStrategy’s total stash is now up to 447,470 Bitcoins as of press time. These coins, acquired for a mind-blowing $27.97 billion, […]

Palantir Technologies, MicroStrategy, and Axon Enterprises will join the Nasdaq 100 index as part of its annual reconstitution, replacing Moderna, Super Micro Computer, and Illumina. These changes had been expected because the reconstitution adds companies with the highest market values in the Nasdaq Composite index that aren’t in the Nasdaq 100 and drops companies with the lowest market values. Barron’s wrote Friday that Palantir and MicroStrategy led the list of potential adds to the Nasdaq 100. Palantir shifted to the Nasdaq from the NYSE in November to be eligible for inclusion in the Nasdaq 100 at the reconstitution.

MicroStrategy now holds 279,420 Bitcoin, purchased at an average price of $42,692. Michael Saylor has utilized stock sales to grow MicroStrategy's Bitcoin holdings as a strategic corporate reserve asset.

Peter Schiff, the relentless gold maximalist and Bitcoin hater, has set his sights on Michael Saylor and his company MicroStrategy, accusing them of manipulating BTC price. The sharp allegations followed Bitcoin’s meteoric rise to an all-time high of $106,493 last night. Pointing to MicroStrategy’s buying spree, Peter said that the company’s pattern of purchases is […]

Bitcoin (BTC) can fall below $20,000 without crucially impacting MicroStrategy’s Bitcoin treasury. New research published on social media by capital adviser Jeff Walton on Dec. 3 concludes that the business intelligence firm could survive an 80% BTC price collapse. MicroStrategy’s Bitcoin exposure is higher than ever as the firm buys billions of dollars’ more BTC.