Michael Saylor, the tech entrepreneur who steered MicroStrategy into a Bitcoin behemoth, is back in the headlines. This time, he’s not championing the orange coin, but rather aiming his laser focus at its altcoin rivals. At the recent Bitcoin For Corporations conference, Saylor unleashed a flurry of predictions, painting a picture of a future where […]
The US Securities and Exchange Commission (SEC) has extended its review period on the launch of crypto asset management company 7RCC’s Bitcoin spot ETF (exchange-traded fund). SEC Extends Deadline For 7RCC’s Bitcoin Spot ETF In a notice published on Thursday, May 2nd, the SEC said it will now decide to approve or disapprove the 7RCC […]
As global geopolitical tensions escalate, the cryptocurrency market finds itself in a precarious position, with Bitcoin, the flagship digital asset, facing a significant test of its resilience. MicroStrategy co-founder Michael Saylor’s recent remarks on the potential benefits of chaos for Bitcoin have sparked discussions within the crypto community. However, the current market conditions paint a […]
On Tuesday, MicroStrategy announced the acquisition of an additional 9,245 BTC for approximately $623.0 million, using proceeds from convertible notes and excess cash. This purchase brings the company’s total holdings to 214,246 BTC. This figure represents more than 1.0% of the total 21 million Bitcoin that will ever exist, marking a significant milestone for both […]
The crypto community is once again on high alert after hackers compromised the official X account (previously known as Twitter) of business intelligence firm MicroStrategy. The attack, which took place on Monday morning, involved the distribution of malicious links promoting a fake airdrop of a non-existent “MSTR” token based on the Ethereum blockchain. Unwary users […]
Tech titan and outspoken Bitcoin advocate Michael Saylor remains unfazed by market fluctuations, reaffirming his unwavering commitment to the world’s leading cryptocurrency. In a recent Bloomberg TV interview, Saylor declared his intent to “buying forever,” solidifying his bullish stance and potentially influencing the ever-volatile crypto market. At the time of writing, Bitcoin was trading at […]
MicroStrategy Shifts Focus To Bitcoin Development, Amasses $9.5 Billion In BTC Holdings | Bitcoinist.com
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MicroStrategy, the renowned business intelligence firm founded by Bitcoin (BTC) advocate Michael Saylor, has witnessed a significant increase in its holdings as Bitcoin continues to soar to new heights, bolstered by the introduction of Bitcoin spot exchange-traded funds (ETFs). In a recent interview with CNBC, Saylor delved into the implications of ETFs and shed light […]
MicroStrategy’s co-founder Micheal Saylor looks to be building a ‘Bitcoin Strategy’ of his own. This can deduced from a recent report, which shows that he has begun to sell off some of his company’s stocks in a bid to acquire more of the flagship cryptocurrency. According to a Bloomberg report, Michael Saylor sold between 3,882 […]
Michael Saylor, executive chairman and co-founder of MicroStrategy, has initiated the sale of 315,000 company shares, totaling nearly $216 million, with intentions to expand his personal Bitcoin holdings. This decision, initially announced during MicroStrategy’s third-quarter earnings call in 2023, is a testament to his dedication to and confidence in BTC. Saylor Will Bolster His Personal […]
Michael Saylor, the Executive Chairman and Co-founder of business intelligence company MicroStrategy Inc., has shared his optimism on Bitcoin (BTC), providing key factors that will drive the crypto asset’s adoption. Michael Saylor On Bitcoin Adoption In 2024 Former MicroStrategy CEO Michael Saylor recently revealed the catalyst that will propel Bitcoin higher in an interview with […]
MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), has again expanded its holdings. As revealed yesterday, the company purchased approximately 16,130 BTC in November (worth roughly $608 million at the current market rates). The acquisitions were executed at an average price of about $36,785 per Bitcoin, bringing MicroStrategy’s total holdings to 174,530 BTC. […]
Michael Saylor, the executive chairman and co-founder of MicroStrategy Inc, anticipates a substantial surge in Bitcoin’s value following the US Securities and Exchange Commission’s approval of a spot ETF, and a subsequent surge in demand for the leading cryptocurrency. Renowned as a Bitcoin advocate, Saylor reaffirmed his belief in the unparalleled potential for Bitcoin, foreseeing […]