MicroStrategy has taken on significant amounts of debt to buy bitcoin and it plans on taking on even more. Long-term debt has doubled over the past year, growing from $2.18 billion in last year's ...

MicroStrategy plans to price $250 million of new 8% convertible preferred stock late Thursday. It is expected to begin trading on the Nasdaq Stock Market under the ticker STRK on Friday.

MicroStrategy Incorporated (NASDAQ: MSTR) started as a software company in 1989. Today, it's better known for its devotion to Bitcoin. It prides itself on being the world's first and largest ...

MicroStrategy's software business represents a tiny sliver of its $82 billion market cap. The vast majority comes from its underlying Bitcoin, which is valued far higher than market prices. If ...