Michael Saylor

Why Did Bill Miller and His Son Buy MicroStrategy Debt? It’s the Bitcoin

Taking part in MicroStrategy’s recent $650 million convertible senior note offering was basically getting an almost-free call option on bitcoin, Bill Miller IV, the son of legendary investor, said. CORRECTION (Jan. 24, 20:41 UTC): Corrects to note that it was the younger Miller who spoke on behalf of the fund, not his father, the legendary investor …

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Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

<div class=”featured_image_container”> </div> <strong>Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation of around $778 billion today. </strong> Cryptocurrencies across …

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Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year

<div class=”featured_image_container”> </div> <strong>On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on the company’s product development related investments in …

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Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC

<div class=”featured_image_container”> </div> <strong>Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion.</strong> Microstrategy Now Has Over $1.6 Billion in Bitcoin Billion-dollar public company Microstrategy (Nasdaq: MSTR) announced its latest bitcoin purchase on Monday. CEO Michael Saylor tweeted: Microstrategy …

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MicroStrategy CEO offers to share his Bitcoin playbook with billionaire Elon Musk

Michael Saylor, the CEO who made a $425 million bet on Bitcoin earlier this year, is offering to advise Elon Musk on how to get started investing in crypto. According to a tweet posted today, Saylor proposed Musk convert Tesla’s balance sheet into Bitcoin (BTC) — a company whose market capitalization is currently valued at …

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Crypto’s loudest cheerleaders in 2020

For much of 2020, it wasn’t exactly a hard year to be a cheerleader for cryptocurrency.  Emerging from a brutal macro bear market, the space once again proved doubters wrong and attracted a new batch of converts as money-printing efforts across the globe turned savers and traders onto the power of hard currency. After a …

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Saylor Hits Back at Claims MicroStrategy’s Bitcoin Trove Makes It an ETF

No matter how it looks, swims or quacks, if the law says it ain’t a duck, then it ain’t one – The Michael Saylor Guide to Waterfowl Identification. No, to our knowledge, Saylor, CEO of business intelligence firm MicroStrategy, has not written any such guide. However, if he did so, one can imagine an entry …

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Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will … read more. 2020’s …

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Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases

Fighting Definancialization: Cryptologic Methods Like Bitcoin Could Protect Wealth From the Great Reset The Great Reset agenda is trending once again on social media, numerous news outlets, and a variety of online forums. During the last few months, the Great Reset proposal has been pushed worldwide, as it allegedly seeks to create a … read …

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MicroStrategy will issue $400 million in securities to buy more Bitcoin

The world’s largest publicly traded business intelligence firm, MicroStrategy has announced plans to invest the proceeds from a $400 million securities offering into Bitcoin. On Dec. 7, the firm revealed plans to issue $400 million in convertible senior notes — a debt security that can be converted into the issuing company’s shares. The announcement stated: …

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