"Not owning any bitcoin has been a massive mistake, and we expect that will continue to be true," the famed value investor's son wrote to clients.
CEO Michael Saylor bought the coins for an average price of $31,808.
MicroStrategy is transforming itself into corporate America's boldest bitcoin bull, now owning bitcoin worth over $1.596 billion.
The MicroStrategy CEO took to Twitter to dismiss widespread speculation that his company's recent massive purchases of bitcoin have turned it into an investment firm or de facto ETF.
MicroStrategy anticipates raising $537 million in net proceeds from a debt sale designed to fund bitcoin speculation.
Michael Saylor announced plans to offer convertible bonds with the express intent to buy BTC. The community reacts.
The revelation is a notable public relations win for Coinbase CEO Brian Armstrong.
MicroStrategy executives are on the hunt for blockchain experts who could help the publicly traded firm build a suite of bitcoin data services.
Even if they don’t know it yet, Michael Saylor thinks gold investors will eagerly dump the commodity for what he calls a superior store of value – bitcoin.
Saylor said the bitcoin market needs high-quality data, in an interview Tuesday.
A monthly recap featuring conversations with Luke Gromen, Raoul Pal, Tavi Costa, Sven Henrich, Corey Hoffstein and Michael Saylor.
How the business analytics chief became Wall Street's boldest bitcoin maximalist.