Best Crypto to Buy as Strategy’s Q1 Financial Results Validate the Bitcoin Bet
Michael Saylor is rapidly becoming the patron saint of Bitcoin maximalist, proving all the naysayers wrong. He was an early promoter of the Bitcoin reserve approach, which argues that the best crypto to buy is always the first one; and that companies should raise funds to purchase as much $BTC as possible. That strategy is […]
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Strategy’s BTC holdings could be at risk following Technical expert Tony Severino’s revelation about Bitcoin’s current price action. The expert noted that the flagship crypto’s 200-day MA is below the average cost of the company’s BTC holdings, meaning they could still hold an unrealized loss at some point. Strategy’s Stock At Risk With Bitcoin’s 200-Day […]
Strategy’s $40 billion Bet on Bitcoin has become the subject of a class action lawsuit. The plaintiffs accuse the company’s executives of making misleading statements. This comes amid the firm’s latest purchase of 7,390 BTC. Strategy Faces Lawsuit Over Bitcoin Bet According to Strategy’s filing with the SEC, the plaintiffs filed a class action lawsuit […]
In just another Monday on Crypto, users reported that Bitfinex paid a single miner the astonishing sum of $23 million to validate an Ethereum transaction. In what could potentially be the largest fee an ETH miner has ever received to validate a block, the reasons behind it remain as pure speculation. The crypto exchange sent […]
Analysts at Bernstein have made a bold prediction regarding MicroStrategy, now known as Strategy, the Bitcoin proxy firm co-founded by Michael Saylor. They forecast that it could amass over 1 million Bitcoin (BTC) by 2033, potentially positioning Strategy to hold 5% of BTC’s total supply. Strategy Stock (MSTR) Receives ‘Outperform’ Rating Led by analyst Gautam Chhugani, Bernstein’s research note reflects an updated bullish case based on Strategy’s strong Q4 financial results and its recent aggressive Bitcoin purchases. The firm has assigned an “outperform”....
Strategy did what Strategy does best – buy more Bitcoin. This, as rumors swirl that Trump Media is raising some $3B to buy more crypto, though the company later denied these. The initial rumors emerged from Trump’s hotly debated crypto dinner, where not everyone was pleased. As Trump continues to raise eyebrows and Saylor pushes Bitcoin, here’s our prediction for the next 1000x cryptos. Strategy Pushes On, Despite Lawsuit Michael Saylor’s strategy to buy all the Bitcoin he can is outstripping mined supply 4:1. It isn’t just about amassing a vast hedge against coming financial market....