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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 our enterprise analytics software business to promote our vision of Intelligence Everywhere, and (s...

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 platform, and also launched our new SaaS offering, Hyper.now. We also dramatically improved the efficiency ...