Unlike companies like Tesla or Block, which dabble in Bitcoin by using surplus cash, MicroStrategy is all in. CEO Phong Le unveiled a plan called “21/21” last month, aiming to raise $42 ...
Bitcoin (BTCUSD) and the broader cryptocurrency market. Surging past the $100,000 mark, Bitcoin’s rally was fueled by ...
MicroStrategy’s president and CEO, Phong Le, explained that the move is to bolster the firm’s returns from holding Bitcoin.
MicroStrategy is still a software and services ... made up of $21 billion in equity and $21 billion in debt. Chief Executive ...
we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” said Phong Le, MicroStrategy’s President and ...
and has continued the practice for the past two years under CEO Phong Le. Saylor, who remains the company’s chairman, is now a billionaire multiple times over as MicroStrategy’s stock price ...
including by developing and launching MicroStrategy AI, our first to market AI-based BI tool," said Phong Le, MicroStrategy President and Chief Executive Officer. "We achieved double-digit ...
Outlook and Long-Term Bitcoin Focus MicroStrategy's CEO, Phong Le, emphasized the company's goal to leverage the ongoing digital transformation and Bitcoin's role as a treasury reserve asset.
we strategically accumulate Bitcoin and advocate for its role as digital capital,” said MicroStrategy CEO Phong Le during the ...
In just five weeks, the Virginia-based MicroStrategy invested over $1.1 billion worth of shares into Bitcoin. This investment raises the company’s Bitcoin holdings to 244,800 BTC, each acquired ...