What Strategy Does and Why It Holds 581,000 Bitcoin
Strategy, formerly MicroStrategy, owns 581,000 bitcoin valued at $63 billion. The figure dwarfs the $463 million the company earns each year from software licences, maintenance along with cloud subscriptions. All figures reflect market prices and filings dated 2 June 2025. Founder and chief executive Michael Saylor now calls Strategy a âbitcoin treasury company.â The phrase […]
Michael Saylor Resigns as MicroStrategy CEO After Bitcoin Losses
Michael Saylor, co founder of MicroStrategy and outspoken Bitcoin proponent, will leave the chief executive post. He will serve as executive chairman and devote his attention to Bitcoin acquisition and advocacy. Shares of the Tysons Corner software firm jumped 14.8 percent on 3 August after the announcement. MicroStrategy disclosed a $917 million impairment charge on […]