Michael Saylor assuages investors after market slumps hurts MSTR, BTC
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans. MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.The American business intelligence and software giant made headlines in 2021 with a number of major investments into Bitcoin. Saylor was a driving force behind MicroStrategy’s decision to convert its treasury reserve into BTC holdings.Global markets have suffered major losses in early May and....
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La strategia aggressiva su Bitcoin di Michael Saylor è finita sotto la lente d’ingrandimento dopo il recente crollo del mercato. Si rincorrono le speculazioni sul futuro della sua azienda, MicroStrategy (MSTR), e sul destino del suo enorme tesoro in BTC se la principale criptovaluta dovesse continuare a scendere. Peter Schiff: “MicroStrategy fallirà comunque” Il noto […]
Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR. MicroStrategy (MSTR) stock opened higher on Aug. 3 as investors digested the news of its CEO Michael Saylor's exit after a depressive quarterly earnings report.Microstrategy stock up 142% since May lows On the daily chart, MSTR's price surged by nearly 14.5% to $324.55 per share, the highest level since May 6. The stock's intraday gains came as a part of a broader recovery that started on May 12 at $134. Since then, MSTR has grown by 142% versus Nasdaq's 26.81% gains in the same period.MSTR....
“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin. MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds. Saylor told Bloomberg on Tuesday, that he’d love to see the day come where Bitcoin-backed bonds are sold like mortgage-backed securities, but warned that, “the market is not quite ready for that right now. The next best idea was a term loan from a major bank.”MacroStrategy, a subsidiary of @MicroStrategy, has....
On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto. The company’s CEO Michael Saylor told his Twitter followers that Microstrategy now holds 92,079 bitcoins. Microstrategy Stocks Up on More Bitcoin, Buys $10 Million Worth to the Balance Sheet Microstrategy (Nasdaq: MSTR) has stepped in and bought the dip once again. On Tuesday morning (ET), the firm’s chief executive officer Michael Saylor shared the announcement on Twitter as he usually does. Alongside the....
MicroStrategy’s Michael Saylor has recently shared his thoughts around bitcoin-backed bonds which have been gaining popularity after El Salvador announced that it would be launching the first one. Saylor who is a staunch advocate of BTC explained where he saw the market right now in terms of bitcoin bonds and whether or not the crypto […]