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Michael Saylor’s company was on a Bitcoin buying spree. Soon it might need to sell

Michael Saylor’s company was on a Bitcoin buying spree. Soon it might need to sell

Michael Saylor’s company was on a Bitcoin buying spree. Soon it might need to sell

“A significant decrease in the market value of our bitcoin holdings could adversely affect our ability to satisfy our financial obligations,” Strategy (MSTR) (formerly MicroStrategy) noted in a regulatory filing on April 7.

MicroStrategy keeps buying more Bitcoin. Here’s how much it owns now

MicroStrategy keeps buying more Bitcoin. Here’s how much it owns now

Under the leadership of former dot-com entrepreneur and current executive chairman Michael Saylor, and CEO Phong Le, the business intelligence firm has continued to accumulate Bitcoin.

Bitcoin breaks through $94,000 for the first time — and it’s getting less volatile

Bitcoin breaks through $94,000 for the first time — and it’s getting less volatile

That’s in large part because of the rise of institutional traders getting in on Bitcoin in recent years, Bobby Zagotta, chief executive of Bitstamp U.S., told MarketWatch.