The founder of Strategy, Michael Saylor, on May 9 revealed that he believes that Bitcoin has not hit the $150,000 mark yet, as holders without a long-term perspective have been selling off. At the same time, there are many investors who are looking to enter the market. He further added
Michael Saylor’s firm, Strategy (formerly known as MicroStrategy), is doubling down on its Bitcoin-first approach with an $84 billion capital strategy aimed at significantly increasing its BTC holdings. The company has announced plans to raise $42 billion through equity and another $42 billion through fixed income instruments to fuel the
Strategy is circling around mainstream media with its latest Bitcoin purchase. Its most recent press release revealed that the firm purchased 6,556 Bitcoins for $555.8 million. Popular on-chain analytics platform Lookonchain confirmed the purchase earlier today. Strategy acquired funds for this purchase from its two ATM (at-the-market) stock offering programs.
This past week has been centered around the USA’s worldwide tariff negotiations. While the crypto market took its biggest hit on Monday, it has spent the two days struggling to stage a rebound. However, at the time of the press, the market has not yet recovered. On a positive note,
Michael Saylor, MicroStrategy executive chairman, once again underlined the role of Bitcoin as the basis of a U.S. strategic crypto reserve. Ahead of the soon to be held White House Crypto Summit. Saylor reiterated that Bitcoin is the sole digital asset upon which all can agree, without an issuer. And
Saylor’s Proposal to Burn Bitcoin Keys Michael Saylor, the chairman of MicroStrategy and a proponent of Bitcoin, proposed an idea to burn the private keys of Bitcoin. According to Saylor, this would contribute to the scarcity of Bitcoin and benefit the global community of Bitcoin holders by increasing the value
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
