MicroStrategy (MSTR), a business software developer, has filed with the SEC for an IPO with a maximum value of $500 million, stating that some of the funds raised will be used to purchase further Bitcoin. The prospectus stated that the company plans to use the net proceeds from the sale “for general corporate activities,” which includes the purchase of Bitcoin.
MicroStrategy – Everything You Need to Know
MicroStrategy is a software company that provides business intelligence and analytics software. It was founded in 1989. MicroStrategy is one of the fastest-growing software companies in the world. MicroStrategy offers powerful and intuitive data discovery, analysis, and visualization tools. The platform can handle all types of structured or unstructured data in an enterprise environment.
They provide enterprise-level data management and analytics solutions for organizations to make better decisions faster. The company has about 3,000 customers, including 85% of the Fortune 500 and more than half of the Global 2000.