09/12/2022
The latest filing comes less than two months since Michael Saylor stepped down as MicroStrategy CEO.
On Friday, MicroStrategy's shares surged over 12%, with Bitcoin adding roughly 11.56%, the most significant single-day gain since June.
MicroStrategy, the largest publicly listed Bitcoin holding company in the world, plans to double down on its BTC purchases using proceeds from a $500 million sale of its stock.
In the second quarter, MicroStrategy reported a loss of about $1 billion alongside a $917.8 million impairment charge tied to a decline in the value of its Bitcoin stash.
On Friday, MicroStrategy's shares surged over 12%, with Bitcoin adding roughly 11.56%, the most significant single-day gain since June.
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