Will Michael Saylor’s $64 Billion Bitcoin Stack Get Liquidated At $74,000? He...
Michael Saylor and the company he co-founded, Strategy (formerly MicroStrategy), have become synonymous with Bitcoin following the company’s pivot to being a BTC treasury company. Over the years, the company has grown to become the leading public company with the largest BTC holdings running into tens of billions of dollars. Although the entire BTC stack […]
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Michael Saylor’s $BTC ambitions continue accelerating. Now, he plans for his company – Strategy (formerly MicroStrategy) – to stack up $1T of the world’s largest crypto asset. Even as critics get louder about the company’s $BTC buying strategy, Saylor seems unfazed. And as more $BTC is scooped up, projects building on Bitcoin, such as Bitcoin […]
A new SEC filing shows fresh risks in Michael Saylor’s $78 billion Bitcoin plan. Even with those risks, Saylor’s firm is seeing substantial gains from the Bitcoin it already holds. Michael Saylor shared the news on X, showing both the success and the danger behind his bold Bitcoin strategy. SEC Filing Reveals Key Risks Of […]
A notorious altcoiner tried to test Michael Saylor’s commitment to bitcoin and this is what he got. A meme contest. And in this post, you’ll get to see two of the three winners. Don’t scroll down! You should read the whole story first, to get the full effect. The theme of the discussion was the […]
MicroStrategy’s bold moves into bitcoin wouldn’t be possible without an investor group that’s convinced of its value. The post Who Are The Investors Backing Michael Saylor’s Big Play Into Bitcoin? appeared first on Bitcoin Magazine.
Michael Saylor is one of the most vocal supporters of bitcoin and is CEO of MicroStrategy, the company with the largest bitcoin holdings in the world. The CEO has always been a big proponent of the digital asset, taking both a personal and professional stake in the asset. Saylor had revealed in 2020 that he holds over 17,000 BTC. At this time, bitcoin was still trading below $30,000 and Saylor had said that he got all of his holdings for an average of $9,882. Bitcoin has since grown over 100% since the CEO made his big reveal, pushing the value of Saylor’s holdings to almost $1 billion.....