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0 0 -0.00659144893111647 -0.0134798099762471 -0.0221496437054631 -0.0255344418052257 -0.0293349168646081 -0.0269002375296912
Stock impact report

Michael Saylor's MicroStrategy gets reprieve as MSCI delays index delisting [Yahoo! Finance]

Strategy Inc - Class A (MSTR) 
Last strategy inc - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Yahoo! Finance
Following the announcement, the MSTR stock surged more than 6% to $168.40 in the after-hours on Jan. 6. Related: Michael Saylor's MicroStrategy sits on unrealized loss worth billions Saylor, along with Sanju Bansal and Thomas Spahr, founded MicroStrategy as a software firm in 1989. But when the co-founder and executive chairman came across Bitcoin (BTC) during the coronavirus pandemic in 2020, he decided to turn the software enterprise into a DAT focused on BTC. A DAT company hoards crypto assets to add to its corporate balance sheet. The way other public companies hold cash on their balance sheets, a DAT company holds cryptocurrencies on its balance sheet. A model pioneered by Strategy, several companies like Tom Lee's Bitmine Immersion Technologies (NYSE: BMNR) have turned to holding cryptocurrencies on their balance sheets. Strategy's claim to fame is that it is the world's largest corporate Bitcoin holder with a balance of 673,783 BTC. The company uses a metric call Show less Read more
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