Tag: michael saylor

Is Michael Saylor’s side of the story the reality of the situation? Or is he on a damage control tour? The ex-MicroStrategy CEO spent the whole day as a guest in what seems like every US financial show in existence, letting everyone know that this whole thing was his idea. Saylor picked his successor for the CEO seat and declared himself Executive Chairman,...

Hours after stepping down from the role of CEO of MicroStrategy, Michael Saylor made...

Michael Saylor is vacating his position as MicroStrategy's chief executive to become Executive Chairman, focusing on the company's bitcoin strategy, according to a statement posted by MicroStrategy, Tuesday afternoon. Since MicroStategy's founding in 1989, Saylor has served as the company's CEO. In 1998, the cloud software company went public. Phong Le, the firm's current president and former chief financial officer, will...

MicroStrategy recorded an impairment charge of $918 million on its Bitcoin (BTC) holdings in the second quarter, according to its earnings report released on August 2. The report also revealed that the company will create a new role of...

Is The NY Times changing its tune? Not exactly, but it’s a start. And a big improvement over the mainstream media’s constant attacks on bitcoin. The newspaper interviewed notable bitcoiners, quoted them without twisting their words, and let them present the case for bitcoin supremacy. Of course, The NY Times also sneaked their usual points of contention against bitcoin. It’s only fair and...

The current CEO of MicroStrategy will soon become executive chairman to better focus on the company’s Bitcoin strategy.MicroStrategy, the software intelligence firm famously bullish on Bitcoin, announced on Tuesday that its CEO Michael Saylor...

Michael Saylor and Aleks Svetski continue their long-form conversation about the implications of Bitcoin and how to spread adoption to everyone.This is a transcribed version of a special edition “Bitcoin Magazine” podcast with Aleks Svetski and Michael Saylor having a long-form conversation about the implications of Bitcoin and its effects on the world....

MicroStrategy CEO, Michael Saylor's recent podcast comments have attracted huge criticism from the global crypto industry leaders and experts. XRP holder’s lawyer in the SEC vs Ripple lawsuit has challenged Saylor to clarify...

Ethereum founder Vitalik Buterin doesn't take criticisms lightly. Michael Saylor, the chief executive officer of MicroStrategy - and one of the most notable personalities in the cryptocurrency industry, has apparently incensed Buterin with his assertion that Ethereum is "inherently unethical" because its creation violates biblically-based securities laws. Buterin referred to Saylor as a "total clown" in a tweet on...

Michael Saylor and Aleks Svetski discuss the numerous ways Bitcoin will improve the quality of life for billions of people around the world.This is a transcribed version of a special edition “Bitcoin Magazine” podcast with Aleks Svetski and Michael Saylor having a long-form conversation about the implications of Bitcoin and its effects on the world....

Just when Bitcoin is holding on to the $23,000 level after long time, data on huge sale activity shows contrasting signs. It is well established that Michael Saylor's Microstrategy is the largest institutional investor in Bitcoin. Meanwhile, data from Crypto Quant suggests that the company is perhaps secretly selling some of its Bitcoin holdings. It...

Tesla, MicroStrategy, and Block's bet on Bitcoin (BTC) led to a combined loss of $5 billion on the books in the second quarter, Bloomberg News reported on July 22. According to the report, Bitcoin's...

One thing’s for sure, Tesla’s CEO knows how to generate headlines. The infamous Elon Musk was the talk of the town today, as news of his company selling 75% of their bitcoin hit the wires. The reactions go from clowning Musk to overanalyzing the situation and...

We have many times heard about Microstrategy Bitcoin purchases and the strategy that Michael Saylor is currently following in order to expand Bitcoin’s influence around the world. Microstrategy […]

After a year of borrowing and buying, what’s the outlook for the bitcoin bulls at MicroStrategy?MicroStrategy (MSTR) currently sits on a huge loss on their bitcoin purchases. Based on a current bitcoin price of $20,300, their 129,699 aggregate bitcoin holdings are worth $2.6 billion, down from a total purchase cost of roughly $4 billion (average cost $30,700). Hence they are sitting on...

DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum's (ETH) anticipated Merge would not bring down the network fees as expected by many. The Ethereum Merge is one of the most powerful catalysts in crypto history, and it is quickly approaching As we reach the endgame for ETH...

Summary: Michael Saylor has pointed out that the US dollar continues to gain value as annual inflation has hit 9.1%. He adds that other global currencies continue to weaken against the USD, and it is only a matter of time before the world discovers that one Bitcoin will always be equal to one Bitcoin. MicroStrategy CEO and Bitcoin perma-bull Michael Saylor has pointed...

In an interview with Altcoin Daily, MicroStrategy's CEO Michael Saylor said Ethereum (ETH) is security. According to Saylor, the fact that Ethereum was first issued via an initial coin offering proves it is not a commodity. "There's a management team. There was a...

MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below $19,000. MicroStrategy BTC holding down 58% According to Bloomberg...

Earlier today, CEO of MicroStrategy Michael Saylor announced that his company had purchased another 480 BTC worth approximately $10 million, CZ of Binance reacted to this saying this was a great move. Here's What Binance's CEO Thinks About Michael Saylor MicroStrategy is one of the biggest holders of Bitcoin and the most affected by the...