Business intelligence firm MicroStrategy (NASDAQ:MSTR), spearheaded by Michael Saylor, has once again demonstrated its unwavering faith in Bitcoin (CRYPTO: BTC), adding to its digital asset reserves for the twelfth consecutive week.

Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.

MicroStrategy Inc. (NASDAQ:MSTR) reportedly may be liable for taxes on its unrealized Bitcoin (CRYPTO: BTC) gains, despite having made no sales. What Happened: The Inflation Reduction Act of 2022, which introduced a “corporate alternative minimum tax,

MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.

MicroStrategy redeems $1.05B in 2027 convertible notes, offering investors the option to convert into shares before February 20.

Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.

MicroStrategy’s $47B Bitcoin holdings face tax risks as U.S. laws evolve, introducing a 15% levy on unrealized gains.

The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.

MicroStrategy, the top corporate holder of the world's first cryptocurrency Bitcoin, may pay taxes on its holdings despite never selling any.

MicroStrategy's bitcoin-backed bonds attract conservative investors despite high risks. With shares surging and critics skeptical, is the bet sustainable?

MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.

That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s (CRYPTO: BTC) for $250 million. It then accumulated more Bitcoin each year, and it held 450,000 Bitcoins as of Jan. 13.