Strategy - MSTR STOCK NEWS

Silvergate Bank has issued a $205 million term loan to MacroStrategy, a subsidiary of MicroStrategy (MSTR). This interest-only loan is secured by bitcoin held in MacroStrategy's collateral account. The funds will be utilized for purchasing additional bitcoins, covering related fees, and for general corporate purposes. The SEN Leverage program, launched in 2020, now totals approximately $570.5 million in commitments, highlighting the capital needs in the digital currency industry. MicroStrategy aims to strengthen its position as a major public company investor in bitcoin.

Ex Parte, a legal tech startup, has secured $7.5 million in Series A funding led by R8 Capital and Ironbound Partners. The funds will enhance its engineering team and sales initiatives to boost customer acquisition. Ex Parte utilizes AI and machine learning to predict litigation outcomes with 85% accuracy, offering recommendations for legal strategies. The legal sector, spending over $250 billion annually on litigation, has been slow to adopt technological advancements, but Ex Parte aims to transform this outdated landscape.

MicroStrategy (MSTR) reported its Q4 2021 financial results, showing total revenues of $134.5 million, up 2.4% year-over-year, with product licenses and subscription services revenues increasing by 15.1%. However, operating expenses surged 125.1% to $248.0 million, primarily due to digital asset impairment losses of $146.6 million. The company recorded a net loss of $90.0 million, or $8.43 per diluted share. As of December 31, 2021, MicroStrategy owned over 125,000 bitcoins, with a market value of $5.707 billion, despite cumulative impairment losses totaling $901.3 million.

MicroStrategy (NASDAQ: MSTR) has announced its World 2022 virtual conference, focusing on Enterprise Analytics and Bitcoin for Corporations, which will be free to attend. Scheduled for February 1, 2022, the event will feature key discussions from industry leaders including Jack Dorsey and Michael Saylor. Attendees will gain insights into using analytics as a strategic differentiator and incorporating Bitcoin into corporate strategies. The conference aims to showcase best practices across various sectors, enhancing the understanding of innovative data and cryptocurrency applications within enterprises.

MicroStrategy (MSTR) will release its fourth quarter 2021 financial results after U.S. market close on February 1, 2022. A live Video Webinar will be held on the same day at 5:00 p.m. ET to discuss the results. The event will be accessible via the company’s investor relations website. MicroStrategy focuses on enhancing its enterprise analytics software and acquiring bitcoin as a dependable store of value.

Cardinality.ai has announced a new OEM partnership with MicroStrategy (Nasdaq: MSTR) to provide AI-driven insights to government agencies. This partnership enables Cardinality to enhance its SaaS solutions, allowing for scalable analytics for Citizens, Caseworkers, and Policy leaders. Cardinality’s mission is to modernize government technology quickly, leveraging MicroStrategy’s analytics capabilities. The collaboration aims to improve citizen services and streamline operational workflows through embedded AI insights, contributing to better social and economic outcomes.

TD SYNNEX has partnered with MicroStrategy to enhance its North American analytics portfolio, providing channel partners with end-to-end enterprise analytics solutions. This partnership enables self-service data discovery and embedded analytics through MicroStrategy’s platform, allowing organizations to leverage modern insights and improve analytics adoption rates. Key benefits include open architecture with over 200 data gateways, personalized insights, and a fully managed analytics platform deployable within weeks. This strategic alliance is aimed at driving growth and innovation in data-driven business environments.

MicroStrategy (Nasdaq: MSTR), a leading business intelligence company, will host a virtual Investor Day on December 16, 2021. The event is scheduled to begin at 1 p.m. Eastern Time and conclude at approximately 3:30 p.m. Eastern Time. Interested parties can register and view the live webcast on MicroStrategy's investor relations website. The company emphasizes its dual strategies of enhancing enterprise analytics software and acquiring Bitcoin as a valuable asset.

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.