MicroStrategy Inc - MSTR STOCK NEWS

MicroStrategy reported its Q3 2021 results, achieving total revenues of $128.0 million, reflecting a 0.5% year-over-year increase. Product licenses and subscription revenues fell 3.2% to $36.7 million, while product support revenues decreased 1.4% to $70.4 million. The company incurred a net loss of $36.1 million or $3.61 per share, worsening from a net loss of $14.2 million in Q3 2020. MicroStrategy also expanded its bitcoin holdings, acquiring nearly 9,000 bitcoins, and currently holds over 114,000 bitcoins valued at approximately $4.965 billion.

MicroStrategy (Nasdaq: MSTR) will report its Q3 2021 financial results after U.S. markets close on October 28, 2021. A live Video Webinar will be hosted on the same day at 5:00 p.m. Eastern Time to discuss the results. The event will be accessible through the company's investor relations website. MicroStrategy is recognized as the largest independent publicly-traded business intelligence firm, focusing on analytics software and bitcoin acquisition as a long-term strategy.

MicroStrategy has announced that its Cloud for Government service is now pending certification under FedRAMP, with full authorization expected by September 2022. This accreditation signifies the company’s commitment to advanced cloud security and data protection. The platform, designed for high-performance security requirements, aims to enhance analytic experiences for federal agencies. MicroStrategy has a strong history in delivering cloud services and was rated #1 in Enterprise Analytics by Gartner in 2021.

MicroStrategy (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, will have its CEO, Michael Saylor, keynote at the Jefferies Software Conference on September 14, 2021, at 12:00 p.m. Eastern Time. The management team will also present at 11:00 a.m. Eastern Time on the same day. Interested parties can register for a live webcast on the company’s investor relations website, where a replay will be available afterward. MicroStrategy focuses on enterprise analytics software growth and Bitcoin investment as a store of value.

MicroStrategy (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, will present at the Canaccord Growth Conference on August 12, 2021, at 2:00 p.m. Eastern Time. Investors can register and view the live webcast on the investor relations website. A replay will also be available afterward for a limited time. MicroStrategy focuses on enhancing its enterprise analytics software business and acquiring bitcoin, viewing it as a reliable store of value.

MicroStrategy (MSTR) reported its Q2 2021 financial results, highlighting a 13.4% revenue growth to $125.4 million. Product licenses and subscriptions surged by 42.3% while gross profit reached $102.3 million, equating to an 81.6% gross margin. However, operating expenses soared by 543.6% to $516.6 million, largely due to $424.8 million in impairment losses on digital assets, leading to a net loss of $299.3 million or $30.71 per share. MicroStrategy's digital asset holdings now exceed 105,000 bitcoins, valued at approximately $2.051 billion.

MicroStrategy (Nasdaq: MSTR) will release its financial results for Q2 2021 on July 29, 2021, after market close. A live Video Webinar is scheduled for the same day at 5:00 p.m. ET to discuss these results. Investors can access the webinar via the company’s investor relations website. As the largest independent business intelligence company, MicroStrategy continues to focus on enhancing its analytics platform and acquiring Bitcoin, viewing it as a stable asset.

MicroStrategy (Nasdaq: MSTR) has acquired approximately 13,005 bitcoins for about $489 million, averaging $37,617 per bitcoin. This purchase adds to its total holdings of approximately 105,085 bitcoins, which were bought for a cumulative $2.741 billion, averaging $26,080 per bitcoin. The majority of these assets, approximately 92,079 bitcoins, are held by MacroStrategy LLC, a subsidiary of MicroStrategy. This strategic move underscores MicroStrategy's commitment to both its enterprise analytics software business and its strategy of acquiring and holding bitcoin as a reliable store of value.

MicroStrategy has closed its offering of senior secured notes due 2028, raising $500 million at an interest rate of 6.125%. The notes, fully guaranteed by MicroStrategy Services Corporation, will fund additional bitcoin acquisitions. Net proceeds are estimated at $488 million after expenses. The offering complies with Securities Act regulations, targeting qualified institutional buyers. MicroStrategy's strategy combines enterprise analytics software growth and bitcoin accumulation, viewing the latter as a stable store of value.