# Сопутствующие статьи по теме MicroStrategy

Новостной центр HTX предлагает последние статьи и углубленный анализ по "MicroStrategy", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Michael Saylor’s Strategy Anticipated To Disclose ‘Multibillion-Dollar’ Loss In Q4 Report

Michael Saylor's company, Strategy (formerly MicroStrategy), is anticipated to report a multibillion-dollar loss in its upcoming Q4 financial results, a stark reversal from its $2.8 billion profit in the previous quarter. This is primarily due to a new accounting rule requiring it to value its substantial Bitcoin holdings at current market prices, which fell 24% during the quarter. The company's shares have dropped nearly 48% in 2025, and concerns are rising that it may need to sell Bitcoin to cover expenses. Co-founder Michael Saylor's personal fortune has also fallen by approximately 40% to $3.8 billion. The firm's market-to-net asset value has dropped critically close to 1, signaling a potential decline in investor confidence.

bitcoinist01/03 14:23

Michael Saylor’s Strategy Anticipated To Disclose ‘Multibillion-Dollar’ Loss In Q4 Report

bitcoinist01/03 14:23

Economist Blasts Strategy’s Bitcoin Bet, Despite $8 Billion Profits, Here’s Why

Economist Peter Schiff criticizes MicroStrategy's Bitcoin investment strategy despite the company reporting $8 billion in unrealized profits. Following MicroStrategy's latest $100 million Bitcoin purchase, Schiff argued that the company’s 16% total profit over five years—averaging just 3% annually—is underperforming compared to other assets like gold and silver. He contends that the firm would have achieved better returns with almost any alternative investment. MicroStrategy remains the largest corporate holder with 672,497 BTC, acquired at an average price of $74,997 per Bitcoin. Despite significant paper gains, Schiff views the returns as subpar given the scale and duration of the investment.

bitcoinist12/30 13:44

Economist Blasts Strategy’s Bitcoin Bet, Despite $8 Billion Profits, Here’s Why

bitcoinist12/30 13:44

Is this Bitcoin’s bottom? Extreme fear around MicroStrategy may signal…

Michael Saylor's MicroStrategy (now Strategy Inc.), the largest institutional Bitcoin holder, faces extreme market fear as Bitcoin drops from $126,000 to $88,000 and its stock (MSTR) falls 65%. Concerns about potential forced selling of its 671,268 BTC treasury have intensified, especially with rumors of MSCI delisting and broader pressure on Bitcoin-heavy companies. However, the company’s strong financial position—including over $2.1 billion in cash reserves and long-term debt—suggests it is not near liquidation. Extreme negative sentiment may signal a market bottom, and despite risks of regulatory exclusion, the current panic could mark a turning point rather than a collapse.

ambcrypto12/25 11:01

Is this Bitcoin’s bottom? Extreme fear around MicroStrategy may signal…

ambcrypto12/25 11:01

MicroStrategy's Bitcoin Flywheel: How Long Can It Last?

MicroStrategy, now rebranded as Strategy Inc., has transformed from a business intelligence software provider into a global Bitcoin-focused holding company, with approximately 670,000 BTC—about 3.2% of the total supply—as of mid-December 2025. Its core strategy relies on a "Bitcoin flywheel" effect: leveraging the premium of its stock (MSTR) over its Bitcoin holdings to fund further Bitcoin acquisitions through equity and debt issuances. The company employs three primary funding methods: an At-The-Market (ATM) equity program to capitalize on stock premiums, perpetual preferred shares attracting tax-advantaged investors, and an ambitious "42/42 Plan" aiming to raise $84 billion by 2027 to buy more Bitcoin. Despite rumors of Bitcoin sales, recent large transfers were confirmed as security-related wallet rotations, not liquidations. However, significant risks threaten this model. MSCI index may reclassify MicroStrategy as an "investment vehicle" rather than an operating company, potentially triggering massive institutional sell-offs. If MSTR’s premium over NAV disappears, the funding mechanism would stall. Additionally, the company carries substantial debt and preferred dividend obligations, though it maintains a $1.44 billion USD reserve as a buffer. While its software business continues modest growth, it operates at a cash flow loss. MicroStrategy’s future hinges on maintaining investor confidence, navigating regulatory classifications, and sustaining financial innovation amid volatility.

比推12/23 15:08

MicroStrategy's Bitcoin Flywheel: How Long Can It Last?

比推12/23 15:08

Strategy increases USD reserve fund to $2.19B – Enough to clear ‘insolvency FUD?’

Michael Saylor's company, Strategy, has significantly increased its USD reserve fund by $748 million to a total of $2.19 billion. This fund is designed to cover dividend obligations for its preferred stock, which is used to raise capital for Bitcoin purchases. Analysts view this move as a strategic effort to dispel "insolvency FUD" and address risks of exclusion from the MSCI index. While the probability of MSCI delisting by Q1 2026 remains high at 75%, the likelihood of Strategy being forced to liquidate its Bitcoin holdings in the same period is low (below 10%). The action is also seen as aligning with S&P Global's recommendations to improve dollar liquidity. Despite raising nearly $4 billion in recent weeks and growing its Bitcoin stash to 671,268 coins, both its stock (MSTR) and Bitcoin have seen significant price declines.

ambcrypto12/23 04:32

Strategy increases USD reserve fund to $2.19B – Enough to clear ‘insolvency FUD?’

ambcrypto12/23 04:32

Bitpush Daily News Digest: Sources say Trump may appoint new Fed chair in first week of January next year; Spot gold breaks above $4,450/oz, hitting new all-time high; Coinbase to acquire prediction market startup The Clearing Company

Bitpush Daily News Digest: Sources indicate that former President Trump may appoint a new Federal Reserve Chair in the first week of January 2026. Spot gold reached a new all-time high, surpassing $4,450 per ounce. Coinbase announced its acquisition of prediction market startup The Clearing Company, though the financial terms remain undisclosed. TD Cowen affirmed a "buy" rating for MicroStrategy (MSTR) with a $500 price target, citing strong liquidity preparations for a potential extended crypto downturn. Fintech firm Erebor raised $350 million at a $4.35 billion valuation and secured an FDIC bank charter. Additionally, Tether CEO Paolo Ardoino hinted at the upcoming launch of USAT, a new stablecoin compliant with U.S. regulations, developed in partnership with Anchorage Digital.

比推12/22 23:34

Bitpush Daily News Digest: Sources say Trump may appoint new Fed chair in first week of January next year; Spot gold breaks above $4,450/oz, hitting new all-time high; Coinbase to acquire prediction market startup The Clearing Company

比推12/22 23:34

Strategy boosts USD reserve with $748M stock sale, skips Bitcoin purchases

Strategy raised $747.8 million through the sale of 4.535 million shares of its Class A common stock and added the proceeds to its USD reserves, which now total $2.19 billion. The company has paused its Bitcoin purchases as part of a rebalancing strategy amid the crypto market downturn. It currently holds 671,268 BTC, acquired at an average price of $74,972 per Bitcoin. Strategy established the dollar reserve earlier in December to cover at least 12 months of preferred stock dividends and debt interest, with plans to eventually extend coverage to 24 months. Other companies that adopted Bitcoin treasury strategies, such as Metaplanet and MARA Holdings, have also seen significant stock declines in 2025. Bitcoin was trading around $89,433 at the time of writing.

cointelegraph12/22 20:48

Strategy boosts USD reserve with $748M stock sale, skips Bitcoin purchases

cointelegraph12/22 20:48

Bitcoin underperforms SPX, yet Saylor doubles down – Here’s why

Despite Bitcoin's significant underperformance compared to the S&P 500, with BTC down 22% QTD while SPX gained 2.18%, Michael Saylor and MicroStrategy remain strongly committed. The company added 31,000 BTC this quarter, emphasizing a focus on Bitcoin's long-term fundamentals rather than short-term price swings. Saylor positions BTC as a next-generation store of value, driven by growing tokenization and improving regulatory clarity. The market cap of wrapped Bitcoin has quintupled since 2023, strengthening its DeFi presence. This institutional confidence suggests Bitcoin's fundamentals are strengthening, potentially marking a new era where core value, not FUD, drives market behavior.

ambcrypto12/21 23:01

Bitcoin underperforms SPX, yet Saylor doubles down – Here’s why

ambcrypto12/21 23:01

Michael Saylor’s Bitcoin thesis: Money or commodity?

Michael Saylor, a major Bitcoin proponent and executive chairman of MicroStrategy, views Bitcoin not as money but as a hard asset, similar to crude oil. He believes his company’s role is to "refine" Bitcoin into various financial products, such as stocks and debt instruments, allowing investors to gain exposure. MicroStrategy has aggressively accumulated over 671,000 BTC using corporate finance strategies like convertible notes and perpetual preferred stock. Economist Saifedean Ammous, author of *The Bitcoin Standard*, acknowledges Saylor’s approach but maintains that Bitcoin itself is money. He argues that, despite the proliferation of financial products built on Bitcoin, the foundational asset will inevitably become the dominant monetary standard as global fiat systems continue to incentivize debt and Bitcoin-based capital formation.

cointelegraph12/19 18:37

Michael Saylor’s Bitcoin thesis: Money or commodity?

cointelegraph12/19 18:37

Michael Saylor Admits His ‘Big Mistake’ on Bitcoin, Says Price Falling After Strategy’s $2B Purchase Is ‘Good Thing’

Michael Saylor, founder of MicroStrategy, stated that Bitcoin's lack of price increase following the company's recent $2 billion purchase is a sign of market maturity, not weakness. He views this stability as positive, indicating Bitcoin's resilience to manipulation and its evolution into a global capital network rather than a speculative asset. Saylor admitted his past skepticism about Bitcoin was a "big mistake," referencing his 2013 comment that Bitcoin's "days are numbered." He remains highly bullish, expecting Bitcoin to appreciate 30% annually for the next 20 years, and emphasized its advantages over traditional assets due to its lack of employees, management, or counterparty risk. MicroStrategy now holds 671,268 Bitcoin, acquired at an average price of $74,972 each.

ccn.com12/19 11:08

Michael Saylor Admits His ‘Big Mistake’ on Bitcoin, Says Price Falling After Strategy’s $2B Purchase Is ‘Good Thing’