Such expenditures among S&P 500 companies are growing faster than stock repurchases for the first time since early 2021. Read More...
The Wall Street Journal
Michael Saylor Bet Billions on Bitcoin and Lost
In 2020, MicroStrategy stock was stagnant, and the tech company struggled to compete with software giants. On Tuesday, MicroStrategy announced Mr. Saylor would step down as CEO, a position he has held since 1989, amid mounting losses tied to bitcoin. In total, MicroStrategy raised $2.4 billion in debt and loans.
