Proprietary trading firm Group One buys a 13,5% stake in MicroStrategy
Earlier, MicroStrategy sold some bitcoins for the first time ever
11.01.2023 - 08:55
700
1 min
0
Proprietary trading firm Group One Trading took a “beneficial” position that includes options to buy 1.3 million shares of MicroStrategy Inc., according to an US Securities and Exchange Commission filing.
Group One is focused on making markets in US equity options and provides liquidity across a range of securities, according to the firm’s website.
MicroStrategy has become one of the few public companies that hold a large amount of Bitcoin besides crypto miners, with its current stash worth almost $2.3 billion at today’s prices. That makes the firm, with a market capitalization of $2 billion, a proxy for stock investors that want exposure to Bitcoin without directly holding the digital asset. MicroStrategy’s shares fell 74% in 2022.
The Tysons Corner, Virginia-based company has remained a net buyer even as Bitcoin prices plummeted and has taken out loans to fund its coin purchases. MicroStrategy’s co-founder Michael Saylor, a strong advocate of Bitcoin, gave up his chief executive officer title in August after a loss of more than $1 billion related to the second-quarter plunge in Bitcoin prices.
MicroStrategy did not immediately respond to requests for comment.
(Corrects an earlier version of the story that identified the transaction as an equity purchase of Class A shares.)
This material is taken from the website bloomberg.com.
Useful material?
Telegram 
Twitter Incidents
The Digital Crime Task Force will look for suspicious transfers on the Tron network and help police freeze funds before they are moved out.
Nov 12, 2026
Incidents
In a single week, hackers went after PHP websites, the Railway cloud platform and a medical company, and experts started talking about a crisis that is only just beginning.
Oct 28, 2026
Incidents
In 104 minutes, the attacker emptied 1,404 addresses before validators halted the network and froze almost all of the loot.
Oct 19, 2026
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Cryptocurrency rates
-
Bitcoin
$65 250
BTC
-4.78%
-
Ethereum
$1 820.18
ETH
-5.4%
-
Ripple
$1.42
XRP
+1.04%
-
BNB Smart Chain
$584.81
BSC
-7.12%
-
TRON
$0.308785
TRX
-1.34%
-
Zcash
$857.71
ZEC
-9.35%
-
Dogecoin
$0.059892
DOGE
-7.56%
-
Cardano
$0.218269
ADA
+2.11%
-
Stellar XLM
$0.184461
XLM
+2.83%
-
Polkadot
$3.32
DOT
+5.27%