MicroStrategy’s founder, Michael Saylor, has boldly predicted that MARA Holdings, a prominent Bitcoin mining company, could be the next firm to join the prestigious Nasdaq 100 index. Michael Saylor believes this could pave the way for MARA to follow suit. Michael Saylor MicroStrategy’s Recent Nasdaq 100 Inclusion MicroStrategy’s inclusion in
MicroStrategy Incorporated, the world’s largest corporate holder of Bitcoin, is to join the Nasdaq-100 Index. This will take effect before the market opens on December 23, 2024, as part of the index’s annual reconstitution. Under the leadership of Executive Chairman Michael Saylor, MicroStrategy began its Bitcoin acquisition strategy in 2020
As investors step gingerly into December expecting a modest price dip, the crypto market has held on to its bull run so far. In addition, it has also wavered off the weekend slump with fresh activity in the past day. On the regulatory end, the SEC has filed a new
Microsoft plans to assess and incorporate Bitcoin into its balance sheet. This decision aligns with the shareholders preparing to vote on a proposal in December, coinciding with an upcoming presentation by Michael Saylor, Executive Chairman of MicroStrategy, to Microsoft’s board of directors. During a November 19 X Spaces session hosted
The co-founder of MicroStrategy, Michael Saylor has transformed the firm’s financial approach by making Bitcoin at the core of its asset strategy. Saylor turned to Bitcoin, describing it as the “digital gold.” In August 2020, MicroStrategy made its first Bitcoin purchase, acquiring 21,454 Bitcoin for $250 million, citing the potential
The crypto community has witnessed some intriguing debates over the past day igniting the discussion panels. Recently hacked WazirX founder Nischal Shetty retorted to CoinSwitch CEO’s allegations on fund movements sparking much debate among degens. However, Michael Saylor caught the spotlight by suggesting handing Bitcoin custody to ‘big banks’. MicroStrategy
MicroStrategy, a business intelligence company known for its large investments in Bitcoin, is planning to raise $700 million through the MicroStrategy convertible senior notes to fund more Bitcoin purchases and manage its debt. CEO Michael Saylor announced that MicroStrategy will use $500 million from the offering to repay senior secured
Before the U.S. SEC recently approved ETFs which allowed direct investing in Bitcoin, MicroStrategy co-founder Michael Saylor sold shares in a number of different offerings. In the days leading up to the SEC approval (January 2–January 10), Saylor sold 3,882–5,000 shares, according to Bloomberg data. This was Saylor’s first sale
MicroStrategy, the software developer with a massive Bitcoin (BTC) stash, intends to raise up to $750 million by selling more stock. The company plans to utilize the fund to buy additional Bitcoin, further solidifying its position as one of the largest corporate holders of BTC in the United States. The
Currency devaluation and inflationary pressures are only two of the major threats to the Turkish economy in recent years. Despite these setbacks, Bitcoin has managed to garner the interest of influential people like MicroStrategy’s CEO Michael Saylor. To preserve the faltering Turkish regional currencies, he suggests using digital currencies like
