strategy. On the company's quarterly earnings call on May 3, 2022, MicroStrategy CFO Phong Le stated that the company would face a margin call if bitcoin’s price fell to about $21,000. A margin call would obligate the company to sell some of its bitcoin holdings. Le stated that the company could add more collateral to its loan to avoid such a situation. After bitcoin's price fell to about $20,800 in June 2022, the company said that it had not received a margin call and that it has enough capital to withstand further volatility. On December 22, 2022, MicroStrategy sold 704 BTC, which represented their first time selling any bitcoin, for an amount of around $11.8 million. Products MicroStrategy 2020, the company's latest platform release of its business intelligence software, includes improvements to the vendor's HyperIntelligence capabilities, an embedded analytics system using augmented intelligence and machine learning technology. MicroStrategy 2019, the prior platform release, focused on three areas: federated analytics, allowing extended connectivity to data sources and applications; transformational mobility, for easier mobile application development; and HyperIntelligence, integrating Bluetooth identity detection and voice. The earlier suite of software, MicroStrategy 10, consisted of MicroStrategy Analytics, MicroStrategy Mobile, and Usher. MicroStrategy 10.10, released in December 2017, added MicroStrategy Workstation. It uses business intelligence and predictive analytics to search through and perform analytics on big data from a variety of sources, including data warehouses, Excel files, and Apache Hadoop distributions. MicroStrategy Mobile, introduced in 2010, is a software platform integrating Analytics capabilities into apps for iPhone, iPad, Android, and BlackBerry. It allows easier access without needing to reformat the data for different platforms. Usher is a digital credential and identity intelligence product that provides a secure way for organizations to control digital and physical access. It replaces physical badges and passwords with secure digital badges, and generates information on user behavior and resource usage. Usher uses three-factor authentication, out-of-band channels, time-limited codes, and bidirectional public key infrastructure encryption. References External links 1989 establishments in Virginia Business intelligence software Software companies based in Virginia Online analytical processing Companies based in Fairfax County, Virginia American companies established in 1989 Software companies established in 1989 Companies listed on the Nasdaq Big data companies Business analysis Business intelligence companies Business software companies Data companies Data visualization software 1998 initial public offerings Software companies of the United States