Tag: michael saylor
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MicroStrategy now holds $2.9 billion in bitcoin after buying an additional 3,907 coins in the 3rd quarter
MicroStrategy CEO Michael Saylor Joe Raedle/Getty Images MicroStrategy bought an additional 3,907 bitcoins for roughly $177 million between July 1 and August 23. The purchase brings the company's total holdings to 108,992 coins that were acquired at $2.918 billion. Shares of MicroStrategy fell 2.8% after the opening bell. Sign up here for our daily newsletter,…
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MicroStrategy will now pay non-employee board members entirely in bitcoin
MicroStrategy Incorporated logo seen exhibited on a smartphone. Photo Illustration from Rafael Henrique/SOPA Images/LightRocket through Getty Images MicroStrategy said it is paying its non-employee supervisors entirely in bitcoin rather than cash. Under the new agreement, reimbursement is going to be converted into bitcoin from US bucks. This movement reinforces the plank 's commitment to bitcoin…