MSTR fell as Bitcoin hovered near $90K. Saylor’s Strategy bought 10,645 BTC for ~$980M, lifting its treasury to 671,268 BTC.
Largest independent publicly-traded business intelligence company, with the leading enterprise analytics platform, enabling intelligence everywhere.
MicroStrategy Incorporated, doing business as Strategy, is an American development company that provides business intelligence (BI), mobile software, and cloud-based services. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP AG Business Objects, IBM Cognos, and Oracle Corporation’s BI Platform. Saylor is the Executive Chairman and, from 1989 to 2022, was the CEO.
Since 2020, the company’s securities are widely considered to be a bitcoin proxy due to MicroStrategy’s holdings of the cryptocurrency.
MSTR fell as Bitcoin hovered near $90K. Saylor’s Strategy bought 10,645 BTC for ~$980M, lifting its treasury to 671,268 BTC.
Saylor teases fresh BTC buy with “Back to More Orange Dots” as BTC hovers near $90K; Strategy holds ~660,624 BTC after Dec. 12 add.
Michael Saylor says big finance hasn’t made Bitcoin wilder. Swings are narrowing as the asset base and market structure deepen.