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.
Bitcoin (BTC) shot up beyond $87,000 after Strategy (previously MicroStrategy) purchased a massive 6,911 BTC for $584.1 million.
Michael Saylor is pushing the SEC task force to establish a regulatory framework for crypto, including the creation of a strategic reserve.
The company’s total Bitcoin stash now stands at 499,096 BTC, acquired at an average price of $66,357 per coin, bringing its total valuation to around $33.1 billion.