The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly…
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MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor. MicroStrategy CEO Michael Saylor has proclaimed to shareholders of his company that his firm intends to “vigorously pursue” its reserve assets strategy to buy and hold more Bitcoin.…
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Bitcoin (BTC) is “being embraced” by the US Government, and the regulatory future for the asset is bright, MicroStrategy CEO Michael Saylor said during a discussion at the Bitcoin 2022 conference on Thursday…. Read More: ‘Bitcoin Is Being Embraced’ by the Government & Regulatory Future Is ‘Bright’ – MicroStrategy’s Saylor Read more »Pay, Trade,…
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The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday: Macrostrategy has purchased an additional 4,167 bitcoins for…
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Another day, another MicroStrategy bitcoin buy. The Michael Saylor-led company is relentless in its BTC accumulation strategy. In a similar position, the bitcoin mining giant Marathon Digital Holdings doubles down on its no-selling policy. Which is also a BTC accumulation strategy. Will these two giants go down in history as pioneers? Related Reading | Treasury…
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The business intelligence firm now owns a total of 129,218 BTC. On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin (BTC) ($190.5 million) between February 15 and Tuesday. MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at…
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The financial markets of the world are not ready for bonds backed by bitcoin (BTC) yet, according to the CEO of the enterprise software firm MicroStrategy, Michael Saylor. However, El Salvador’s planned “volcano bonds” could be a different story…. Read More: Financial Markets Not Ready for Bitcoin-Backed Bonds – MicroStrategy CEO Read more »Pay,…
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Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one of its subsidiaries…
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During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value. The crypto market downturn is…
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The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company Microstrategy discussed…
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