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Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. World Liberty Financial, a cryptocurrency venture Trump helped launch [[...]
As bitcoin breaches $100K, MicroStrategy holdings, Saylor’s wealth surge
MicroStrategy, the Tysons-based tech company chaired by bitcoin whale Michael Saylor, has pursued bitcoin as an investment strategy since 2020. Now, it appears to have paid off as bitcoin breached the $100,000 threshold. Bitcoin rose above $100,000 per coin Wednesday night, after previously breaching $99,000 on Nov. 21. At 11:45 a.m. Thursday, bitcoins were trading […]
MicroStrategy holdings surge in value as bitcoin breaches $87,000
Bitcoin whale Michael Saylor, the executive chairman of Tysons-based tech company MicroStrategy, has reason to gloat today. Under Saylor’s laser-eyed guidance, MicroStrategy has pursued bitcoin as an investment strategy since 2020. The company announced its first bitcoin purchase in August 2020, making it one of the first public companies to convert its cash treasury reserves […]
MicroStrategy buys $786M more bitcoin since late April
Tysons-based tech company MicroStrategy keeps growing its bitcoin holdings, most recently spending about $786 million to acquire almost 12,000 more of the cryptocurrency. From April 27 to June 19, the company, which is widely reported to be the world’s largest corporate bitcoin holder, acquired approximately 11,931 bitcoins for approximately $786 million in cash, according to […]
MicroStrategy buys $623M more bitcoin in March
Tysons-based tech company MicroStrategy continues to grow its cryptocurrency collection, acquiring more than 9,200 more bitcoins in one week in March. From March 11 to March 18, MicroStrategy acquired approximately 9,245 bitcoins for approximately $623 million in cash, according to the company’s Tuesday filing with the U.S. Securities and Exchange Commission. On Monday, MicroStrategy complet[...]
MicroStrategy buys $615.7M more bitcoin in December
Tysons-based tech company MicroStrategy and its subsidiaries continued to grow their cryptocurrency cache in December, nearing $8 billion in bitcoin holdings. The company and its subsidiaries purchased about $615.7 million worth of bitcoin — approximately 14,620 coins — in cash from Nov. 30 to Dec. 26, according to MicroStrategy’s Wednesday filing with the U.S. Securities […]
MicroStrategy buys $347M more bitcoin in Q2
MicroStrategy Inc. and its subsidiaries purchased about $347 million worth of bitcoin — approximately 12,333 units — from April 29 to June 27, according to the Tysons-based tech company’s June 28 filing with the U.S. Securities and Exchange Commission. Believed to be the world’s largest publicly traded corporate holder of bitcoin, MicroStrategy and its subsidiaries […]
