In brief
The Board of Directors of @MicroStrategy is now paid in #bitcoin. $MSTRhttps://t.co/3ChlkCNZOT
— Michael Saylor (@michael_saylor) April 12, 2021
$111,912.00
-0.03%$4,450.23
-2.54%$2.95
-1.41%$869.33
1.06%$210.91
2.86%$0.999786
0.00%$4,440.81
-2.15%$0.220183
0.18%$0.342704
-1.25%$0.844929
-1.53%$5,381.79
-2.22%$24.55
2.08%$4,794.54
-2.05%$112,098.00
0.05%$46.11
-4.91%$1.001
0.04%$4,764.61
-2.30%$3.42
-1.09%$0.375464
-1.49%$551.42
-0.58%$0.306702
18.03%$24.19
-1.87%$0.236166
-1.42%$4,451.68
-2.21%$9.56
0.37%$111.97
-0.82%$3.16
-0.48%$0.999735
-0.01%$0.00001244
-0.12%$1.00
0.03%$43.15
-0.25%$111,949.00
0.11%$3.89
1.07%$9.79
-0.96%$1.19
0.08%$4.58
-1.32%$267.22
-0.69%$314.40
-2.72%$0.656836
7.31%$0.00000997
-0.66%$1.28
6.46%$170.83
-0.94%$21.44
-1.28%$258.35
3.05%$326.10
-1.82%$2.48
-1.79%$4.38
0.17%$0.928682
-0.67%$0.351636
3.00%$0.999366
-0.10%$0.511775
1.06%$4,450.72
-1.99%$5.00
-0.67%$0.242657
1.01%$1.001
0.03%$225.83
3.18%$1.00
0.00%$0.087986
0.71%$0.248758
-0.64%$4.61
1.78%$0.0249386
-0.15%$17.11
0.89%$5,060.03
-2.05%$5.49
1.03%$4.53
-0.23%$1.065
0.01%$4,664.65
-2.20%$0.02977869
-1.84%$3.59
-0.74%$6.12
1.34%$0.936157
-0.71%$0.292995
-1.92%$13.61
3.46%$0.999206
-0.04%$8.48
0.83%$4,679.93
-2.12%$0.637579
0.00%$46.31
-4.78%$0.00002103
-0.47%$4,805.00
-2.01%$2.33
0.07%$0.02189753
-1.03%$0.512764
3.56%$111,951.00
0.12%$103.58
-0.54%$0.063907
-3.76%$1.00
-0.01%$0.999818
-0.02%$0.078931
0.36%$3.66
2.81%$4,696.97
-2.05%$13.80
3.66%$0.999871
-0.02%$4,766.31
-2.34%$0.02733891
-1.72%$1.70
0.74%$3,430.90
1.15%$1.28
0.83%$239.05
3.10%$0.710711
1.50%$869.53
1.46%$0.99945
-0.01%$0.997469
-0.07%$0.645332
0.47%$111,733.00
0.25%$0.00317264
4.94%$1.19
-3.26%$1.24
-1.80%$0.789439
-3.24%$1.19
-7.41%$0.999493
-0.09%$0.32224
1.95%$0.53013
-2.16%$0.177917
53.10%$3.76
3.20%$4,450.70
-2.08%$277.80
3.05%$3,419.95
0.97%$1.12
0.00%$0.090888
1.00%$0.185286
7.97%$0.00009635
0.35%$111,861.00
0.09%$0.155488
1.79%$0.345045
3.69%$2.59
-0.59%$4,430.11
-2.47%$4,336.14
-2.12%$111,727.00
0.12%$4,449.91
-2.15%$0.825504
1.12%$0.779006
-1.07%$4.88
-4.79%$0.817723
0.82%$0.505039
1.49%$0.797297
0.79%$23.90
-2.18%$0.197247
0.81%$1.19
2.05%$0.01650643
0.20%$2.01
2.33%$112.34
0.01%$0.01493217
-1.06%$0.02346193
1.75%$2.10
-3.24%$0.414626
-0.64%$0.999579
-0.02%$0.681866
18.38%$0.00912777
-0.26%$0.278165
-1.24%$0.997231
0.20%$1.081
-0.27%$4,725.22
-2.44%$41.52
-0.45%$4,773.89
-2.06%$111,690.00
0.18%$0.409852
5.81%$0.00000066
0.19%$4,451.01
-2.10%$4,890.94
-2.17%$4,866.64
-2.37%$0.998348
0.02%$0.219938
0.28%$0.173684
-0.62%$0.397739
-0.57%$111,839.00
0.07%$0.288112
0.81%$0.999384
-0.05%$0.076984
1.28%$26.56
0.04%$1.099
2.38%$4,425.47
-2.57%$0.130972
1.08%$0.996989
-0.12%$6.97
-1.79%$2.63
-0.23%$0.04895994
-1.61%$110,950.00
0.33%$0.432861
-5.51%$4,447.31
-2.14%$0.621607
0.42%$0.578256
0.16%$0.00775605
0.78%$232.16
2.76%$0.00494159
-5.49%$0.999903
-0.00%$0.00000046
-0.34%$0.061556
0.34%$0.999023
-0.16%$0.0229236
-5.56%$1.16
-0.00%$1.24
0.10%$0.432169
-1.30%$0.999754
0.01%$6.65
0.55%$6.31
-0.13%$7.44
0.43%$14.81
-0.41%$0.999736
-0.01%$29.57
-1.53%$5,392.18
-2.03%$43.89
-0.31%$0.381834
3.70%$5.15
-0.35%$1.096
0.00%$0.01178901
1.30%$0.00002043
0.56%$1.23
-0.29%$0.997877
-0.12%$0.333834
-3.43%$0.04003405
1.43%$10.80
0.01%$2.32
0.51%$24.20
-1.49%$0.00727718
-0.75%$0.077754
7.50%$22.45
-0.01%$111,947.00
-0.11%$0.03204529
1.45%$0.03675101
3.51%$46.05
-5.25%$0.587267
-1.64%$0.00422587
-4.25%$239.67
1.90%$0.00000092
-5.64%$0.174728
-4.62%$1.097
-0.06%$4,448.60
-2.14%$0.513111
-2.34%$0.140123
-0.96%$0.999455
0.02%$4,670.33
-2.12%$0.24987
0.46%$5,002.70
-2.13%$130.54
-1.50%$2.73
7.59%$0.506712
1.94%$3.40
12.28%$0.161164
-0.26%$1.21
0.43%$0.124633
1.89%$7.57
-0.32%$0.00005983
1.12%$110,445.00
-1.12%$1.18
-1.12%$0.795231
-10.93%$1.00
0.01%$0.310751
0.50%Reading
The board of analytics software company MicroStrategy is now paid in Bitcoin, according to the company's CEO Michael Saylor.
The Board of Directors of @MicroStrategy is now paid in #bitcoin. $MSTRhttps://t.co/3ChlkCNZOT
— Michael Saylor (@michael_saylor) April 12, 2021
Per a company announcement, the Board of Directors "modified the compensation arrangements" for directors that were classified as non-employees. Such directors will—going forward—receive "all fees" for their services in Bitcoin instead of cash.
In approving this change, the Board cited its commitment to Bitcoin, "given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered to sovereign monetary policy."
Under the new arrangement, the amount of Board fees payable to non-employee directors remains unchanged, and, per the announcement, will be nominally denominated in USD. At the time of payment, fees will be converted from USD to Bitcoin, and then deposited to the applicable non-employee director's digital wallet.
The news follows MicroStrategy's long line of investments into Bitcoin, which began in August 2020. To date, the company has invested over $5 billion into Bitcoin, making it one of the public companies with the largest Bitcoin holdings.
Software company MicroStrategy has become one of the most visible institutional Bitcoin investors in the world over the past year, thanks in large part to its CEO, Michael Saylor, whose breathless tweets about the inevitability of Bitcoin have become something like a company gospel. MicroStrategy already owns 71,079 BTC (that’s $2.6 billion), and there’s no sign it will stop investing anytime soon. And in a session today at MicroStrategy’s multi-day “WorldNow” conference, Saylor said he expects...
Companies including Tesla and Square have followed MicroStrategy in adding Bitcoin to their corporate coffers, something that CEO Michael Saylor has described as the "tip of the iceberg" for institutional investment in the cryptocurrency. Saylor predicts that an "avalanche of companies" will follow suit, and has launched online courses on 'Bitcoin for Corporations'. Some experts have argued that MicroStrategy's investments in Bitcoin have led to it becoming a de facto Bitcoin ETF in the absence of one in the US.
Stablecoin-backed card company Rain, which partnered with Visa this year, has raised $58 million as part of a series B funding round, the company said in an announcement Thursday. The raise brings the company's total funding to $88.5 million. Rain, which closed its A round five months ago, said the money would be used to grow the firm's platform and "give global institutions the most flexible, modular, and compliant stablecoin infrastructure available." Venture capital firm Sapphire Ventures le...
Switzerland-based stablecoin platform M0 raised $40 million in Series B funding, as it seeks to shake up the relationship between token issuers and blockchain developers, according to a press release on Thursday. The funding round, which included Polychain Capital, Ribbit Capital, and the Endeavor Catalyst fund, also saw participation from existing investors like Pantera and Bain Capital Crypto, M0 said. The firm has now raised $100 million since its establishment in 2023. The development comes...
U.S. trading app Webull launched crypto services for Australian users on Wednesday, offering access to hundreds of different digital assets in a move experts say will force local exchanges to slash fees or risk losing customers. The launch through Coinbase Prime adds Australia as Webull's third crypto market, alongside the U.S. and Brazil, with the company promising a 30-basis-point spread, according to a statement. Industry experts predict the entry will trigger competitive pressure across Aust...