'Nothing issue' — MicroStrategy CEO plans to hodl Bitcoin 'through adversity'
Michael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure. Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms.In a tweet on June 14, Michael Saylor sought to allay fears that his firm's BTC exposure may be about to cost it dearly.Saylor stays calm as MSTR dips furtherWith the largest corporate Bitcoin treasury, MicroStrategy has felt the pain of this year's BTC price declines — at least on paper.According to the monitoring resource Bitcoin Treasuries, the firm's....
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MicroStrategy has 129,218 Bitcoins in its coffers. As a result of Bitcoin’s price decline, there are increased concerns that the company may have to liquidate or pledge as collateral a significant portion of its Bitcoin reserves. Microstrategy’s chief executive officer, Michael Saylor, stated on Tuesday that the company does not anticipate receiving a margin call […]
Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program. Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an 8% dividend, have a $0.001 par value, and are convertible into MicroStrategy’s Class A common stock without […]
Even while MicroStrategy’s CEO remains optimistic despite the crypto market’s current dire condition, these times have proven to be the most agonizing for all stakeholders, including the software company. Michael Saylor, the chief executive officer of MicroStrategy, tweeted on June 14 to allay concerns that his company’s Bitcoin holdings may be about to cost them […]
After arousing confusion with incomplete communication and forced liquidations on lending contracts, Hodl Hodl explains what happened.
Trezor users can now buy and sell non-KYC bitcoin directly from their hardware wallets thanks to an integration with P2P platform Hodl Hodl.