The company’s president, Phong Le, is set to assume the chief executive role as Saylor becomes executive chairman
The company’s stock fell Monday after crypto lending platform Celsius announced it would pause withdrawals
MicroStrategy’s CEO calls US Treasury Secretary’s speech on digital assets last week a “green light” for the crypto economy
The $205 million loan can be used to purchase more bitcoins or for general corporate purposes
MicroStrategy bought 10,300 bitcoins in the fourth quarter and an additional 660 in January
Companies expand footprints through acquisitions, partnerships.
Michael Saylor has no intention to stop purchasing bitcoin anytime soon.