In 2022, the self-custody narrative was revived due to the collapse of centralized cryptocurrency entities, particularly FTX and Alameda Research. This is backed up by on-chain data that shows ethereum (ETH) exchange balances hitting a five-year low. Many analysts believe decentralized services could...
MicroStrategy, the largest public holder of bitcoin, has joined the growing list of supporters backing proposed rule changes by the financial accounting standards board (FASB), which seeks to eliminate impairment charges for companies holding cryptocurrencies. As of March 31, MicroStrategy held approximately 140,000...
MicroStrategy has released its Q1 2023 financial results and recorded a net income of $461.2 million. MicroStrategy, the self-proclaimed largest independent publicly-traded business intelligence company, has released its financial results from January to March 31, 2023. The company recorded a total revenue of...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Michael Saylor, an ardent supporter of bitcoin (BTC) and the co-founder of the business analytics software firm MicroStrategy, has integrated Lightning Network into his corporate email. This leads one...
Several entities took a bet on bitcoin amid its dip, a bet which is now seemingly paying off as the number one crypto earlier on set a new ATH for 2023, breaking above the $30,000 mark for the first time in 2023. In...
Business intelligence outfit MicroStrategy has confirmed a loan from Silvergate but says the tenure is still a few years away. The company added that it is not worried about Silvergate’s current financial status and will not be looking to accelerate the loan. MicroStrategy...