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Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings
29.10.2020
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO...
MicroStrategy Says it Is Eager to Add to its 38,000+ Bitcoin Stash
28.10.2020
MicroStrategy, the American software firm that famously used its balance sheet to buy bitcoin (BTC), has stated that more token purchases are in the pipelines, and reitareted that BTC is its “primary treasury reserve asset.”
In a Q3 2020 earnings call, the firm stated that its “go-forward capital...
MicroStrategy’s $425M Bitcoin Bet ‘Elevating Firm’s Profile,’ Say Executives
27.10.2020
Bitcoin is boosting MicroStrategy's market visibility, say executives. Revenues rose 6.4% year-over-year and the company notched a net loss of $14.2 million for the quarter
MicroStrategy's crypto holdings may be paying off more than its business
27.10.2020
With Bitcoin’s rises past $13,700, the company’s BTC holdings are currently worth more than $525M
$250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for Bitcoin
26.10.2020
The CEO of Nasdaq-listed billion-dollar company Microstrategy has made a strong bull case for bitcoin. He says there is a $250 trillion ocean of assets looking for the ideal store a value right now and bitcoin is a better store of value than gold or tech stocks, so “a lot of that monetary...
40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset
26.10.2020
News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource. Reports say the Polyus owned the Sukhoi...
Michael Saylor claims the company will hold Bitcoin for ‘100 years’
23.10.2020
Microstrategy CEO Michael Saylor plans to hold his Bitcoin for 100 years, describing it as “the world’s best collateral.”
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply
21.10.2020
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm...
Bitcoin average transaction value increases 500% since July
21.10.2020
The average Bitcoin transaction is now worth more than $150,000
‘Garbage’ Market Data Is Holding Bitcoin Back: MicroStrategy CEO
20.10.2020
Saylor said the bitcoin market needs high quality data in an interview Tuesday
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
16.10.2020
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of England Governor Andrew Bailey talked...
JPMorgan Calls Square’s Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency
14.10.2020
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote
Ledger wants to help MicroStrategy secure its $400m Bitcoin treasury
12.10.2020
Square's SubZero cold wallet is great, but Ledger Vault is better says the company's VP of Product
Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset
11.10.2020
When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge...
Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity
6.10.2020
The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins...
Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days
28.9.2020
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment...
Novogratz: Dangerous Time to Be in Stocks, Bitcoin Has More Upside Than Gold
27.9.2020
Galaxy Digital CEO Michael Novogratz explains why it is a dangerous time to be in the stock market right now, leading up to the U.S. presidential election. While bearish on the dollar, Novogratz is bullish on bitcoin and gold but thinks that bitcoin has more upside than gold. Dangerous Time to...
Billionaire Paul Tudor Jones Would Buy More Bitcoin If He Really Understands It, Says Microstrategy CEO
23.9.2020
Prominent hedge fund manager Paul Tudor Jones’ understanding of bitcoin has come into question since he only invested about 1% of his assets in the cryptocurrency. According to the CEO of Microstrategy, the Nasdaq-listed company that recently invested almost half a billion dollars in bitcoin...
No Plans to Sell Bitcoin ‘On Short Notice,’ MicroStrategy CEO Confirms
23.9.2020
Despite worries in the cryptoverse that the US-based software firm MicroStrategy might not be such a strong holder of bitcoin (BTC) as many had hoped, the company’s CEO said that he has been misrepresented by the media, and that he has no intention of selling bitcoin “on short notice.”
The...
MicroStrategy CEO could ‘liquidate $200M in Bitcoin on Saturday’
23.9.2020
‘We can liquidate it any day of the week, any hour of the day,’ said Michael Saylor