MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin bu...
New figures show certain revenue sectors boomed by over 50% in Q1 2021 compared to the same quarter last year. MicroStrategy, the company which owns over 91,000 Bitcoin (BTC), saw an astounding surge in revenues in Q1, its latest figures confirm.In a press release on April 30, CEO Michael Saylor revealed that the company's success had gone far beyond its Bitcoin profits.Saylor: Hodling BTC creates "substantial value"MicroStrategy has continued to hit the headlines for its flatly bullish position on Bitcoin and its future, adding to its reserves regardless of sentiment or price. Its....
Related News
The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspired to help him evade taxes he legally owes.” Both Saylor and Microstrategy denied the allegations. The attorney general is seeking more than $100 million in unpaid taxes and penalties.
District of Columbia Sues Billionaire Michael Saylor and Microstrategy
The Office of the Attorney General (OAG) of the District of Columbia announced Wednesday....
MicroStrategy CEO Michael Saylor isn’t concerned with the prospect of stricter Bitcoin regulations. Instead, he sees impending future regulation, if any, as good for the industry in that it would greenlight more institutional inflows. Saylors Says Regulation Will be Good For Bitcoin In a Bloomberg interview, Saylor was asked if he has anxiety about holding […]
Michael Saylor said that in addition to 115,109 BTC, MicroStrategy could pledge ‘some other collateral’ if needed.
Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure. Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms.In a tweet on June 14, Michael Saylor sought to allay fears that his firm's BTC exposure may be about to cost it dearly.Saylor stays calm as MSTR dips furtherWith the largest corporate Bitcoin treasury, MicroStrategy has felt the pain of this year's BTC price declines — at least on paper.According to the monitoring resource Bitcoin Treasuries, the firm's....
The D.C. AG alleges that Saylor and MicroStrategy conspired to commit tax evasion by fraudulently representing Saylor’s primary residence from 2005 to present.