The loss appears largely due to MicroStrategy’s (ticker: MSTR) inclusion of impairment losses on its Bitcoin, amounting to $147 million. That more than wiped out the company’s $110.5 million gross profit from its software business. The shares were down 0.8% in after-hours trading to around $370.
Similarly What happened to MicroStrategy? Shares of MicroStrategy plunged in early trading Monday, falling 7.5% as investors showed more wariness of the company’s cryptocurrency investments.
How many shares are there in MicroStrategy? Share Statistics
| Avg Vol (3 month) 3 | 532.8k |
|---|---|
| Shares Outstanding 5 | 9.32M |
| Implied Shares Outstanding 6 | 11.29M |
| Float 8 | 9.32M |
| % Held by Insiders 1 | 0.01% |
Additionally, Why did MicroStrategy go up?
What happened. Shares of MicroStrategy Incorporated ( MSTR 1.96% ) popped this morning after Tesla CEO Elon Musk tweeted on Sunday that his electric car company is open to accepting Bitcoin (CRYPTO: BTC) if the mining technology becomes cleaner in the future.
How can I invest in MicroStrategy stock?
How to buy shares in MicroStrategy Incorporated
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Why is MicroStrategy stock going down? MicroStrategy stock continued its downward spiral Monday, dragged down by plunging Bitcoin prices and newly released filings showing that the Securities and Exchange Commission objected to how the software company accounts for its cryptocurrency holdings.
Why did MicroStrategy go down? The problem for MicroStrategy is that it has sold both debt and stock to fund the acquisition of more bitcoin, so it’s leveraged to the token’s price. That’s great when Bitcoin is going up, but terrible when the price is going down.
What is MicroStrategy used for? MicroStrategy is an enterprise business intelligence (BI) application software vendor. The MicroStrategy platform supports interactive dashboards, scorecards, highly formatted reports, ad hoc query, thresholds and alerts, and automated report distribution.
How much of MicroStrategy does Michael Saylor own?
Saylor, who controls 70% of MicroStrategy’s shares, dismissed concerns by observers that the move is turning MicroStrategy into a Bitcoin investment firm or exchange-traded fund (ETF).
How many shareholders does MicroStrategy have? MicroStrategy Incorporated (US:MSTR) has 564 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 7,571,056 shares.
Why is MicroStrategy dropping?
MicroStrategy stock continued its downward spiral Monday, dragged down by plunging Bitcoin prices and newly released filings showing that the Securities and Exchange Commission objected to how the software company accounts for its cryptocurrency holdings.
Who owns the most Bitcoin? Publicly traded companies that hold bitcoin
| Company | Total bitcoin | Bitcoin gains/losses |
|---|---|---|
| MicroStrategy | 121,044.00 121,044 | $845 million $845 million |
| Tesla | 48,000.00 48,000 | $252 million $252 million |
| Galaxy Digital | 16,402.00 16,402 | $465 million $465 million |
| Square | 8,027.00 8,027 | $73 million $73 million |
• 28 janv. 2022
Is MicroStrategy Tied to Bitcoin?
Michael J. Saylor, MicroStrategy’s CEO said, “The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value.
Who owns MicroStrategy?
Saylor (born February 4, 1965) is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
How many shares does MicroStrategy have? Share Statistics
| Avg Vol (3 month) 3 | 512.5k |
|---|---|
| Shares Outstanding 5 | 9.32M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 9.32M |
| % Held by Insiders 1 | 0.01% |
Did MicroStrategy sell Bitcoin? MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5-billion Bitcoin chest despite a 40% drop in the value. Despite a 40% drop in the value of Bitcoin (BTC), MicroStrategy’s Michael Saylor has no intention of selling his firm’s $5-billion stash.
What does MicroStrategy invest in?
MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.
Who uses MicroStrategy? Companies using MicroStrategy Platform Analytics for Analytics and BI include: Walmart Inc., a United States based Retail organisation with 2300000 employees and revenues of $572.75 billions, Amazon.com, Inc., a United States based Retail organisation with 1335000 employees and revenues of $386.06 billions, Apple, Inc. …
Does MicroStrategy use SQL?
With QuerySurge BI Tester for MicroStrategy, data testers can use familiar SQL syntax to retrieve query data from MicroStrategy Reports and validate it against any QuerySurge-supported Source or Target.
Who owns most Bitcoin? Publicly traded companies that hold bitcoin
| Company | Total bitcoin | Bitcoin gains/losses |
|---|---|---|
| MicroStrategy | 121,044.00 121,044 | $845 million $845 million |
| Tesla | 48,000.00 48,000 | $252 million $252 million |
| Galaxy Digital | 16,402.00 16,402 | $465 million $465 million |
| Square | 8,027.00 8,027 | $73 million $73 million |
• 28 janv. 2022
Who owns most shares in MicroStrategy?
Top 10 Owners of Microstrategy Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Capital Research & Management Co. … | 14.36% | 1,338,625 |
| The Vanguard Group, Inc. | 6.74% | 628,124 |
| Capital Research & Management Co…. | 6.31% | 587,996 |
| BlackRock Fund Advisors | 5.53% | 514,989 |
Is Michael Saylor a billionaire? He’s a billionaire again thanks to timely bitcoin investments. In October 2020, he disclosed he personally bought 17,732 bitcoins for $175 million. Throughout 2020 he steered Microstrategy’s corporate coffers into bitcoin, using company cash and borrowings to buy 70,784 bitcoins for $1.1 billion.
