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Bitcoin Falls, But MicroStrategy Buys; World Bank Says Recovery Will Be Uneven On 6/9/21 at 3:01 PM EDT CryptoCorner Bitcoin has plunged as much as 50% from its record high, but MicroStrategy plans to increase its holdings in the cryptocurrency. The Tysons Corner, Virginia-based analytics and business-intelligence company plans to offer $500 million in debt to acquire additional Bitcoin. "We pursue two corporate strategies," the publicly traded company said in a note to investors: "(First) grow...

TYSONS CORNER, Va.–(BUSINESS WIRE)–MicroStrategy ® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced financial results for the three-month period ended December 31, 2020 (the fourth quarter of its 2020 fiscal year). “2020 was a transformational year for MicroStrategy. In our enterprise intelligence business, we continue to embrace the virtual wave. We are successfully shifting our prospects and customers to our enterprise cloud platfor...