Billionaire hedge fund manager sold off direct equity in MicroStrategy.

Michael Saylor's MicroStrategy holds 843,738 Bitcoin on its balance sheet.

MicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday. The shares rose about 6% but are about 34% off an all-time high of $1,999.99, reached in March.

MicroStrategy's net asset value premium hit 2.5 times it's bitcoin holdings, which is the highest since February 2021. The gap is rising even more on Friday as MSTR shares jump 11% versus bitcoin's 3% ...

Shares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will join the tech-heavy Nasdaq-100 index. The addition also means MicroStrategy will be included in the popular ...

One of the more impressive runs higher ever seen in stocks took at least a brief breather on Thursday, with Bitcoin Development Company MicroStrategy (MSTR) sporting a double-digit percentage loss ...

Forbes contributors publish independent expert analyses and insights. Jim Osman is a finance expert with over 30 years of experience. MIAMI BEACH, FLORIDA - MAY 19: Michael Saylor speaks on stage ...

MicroStrategy, a business software firm converted into “the world’s first Bitcoin treasury company,” has seen its share price surge 450 percent in the past year, earning the Virginia company a market ...

Forbes contributors publish independent expert analyses and insights. Shaping the future of banking with bitcoin. Michael Saylor, Executive Chairman of MicroStrategy, is one of the greatest bitcoin ...

Cryptocurrency maven Michael Saylor turned a decades-old software firm into a bitcoin behemoth. MicroStrategy has more than doubled the returns of bitcoin and even Nvidia. Here's why both equity and ...

For many years, MicroStrategy (NASDAQ: MSTR) was a sleepy tech stock. Between 2010 and 2020, the data mining and analytics software provider only grew its annual revenues at a compound annual rate of ...

MicroStrategy (NASDAQ:MSTR) is perhaps the most controversial stock these days. Bulls claim the share price is a steal in spite of the 466% rise year-to-date while bears claim the valuation premium to ...