Michael Saylor Unveils Strategy’s Bitcoin Reserve Plan
Strategy founder Michael Saylor announced that the company will continue to increase its bitcoin holdings. The volume of purchases will significantly exceed any potential sales.Michael Saylor is an American entrepreneur and the co-founder and executive chairman of MicroStrategy.
Michael Saylor Unveils Strategy’s Bitcoin Reserve Plan
Strategy founder Michael Saylor announced that the company will continue to increase its bitcoin holdings. The volume of purchases will significantly exceed any potential sales.
Strategy Considers Bitcoin Sale Amid $12.7 Billion Quarterly Loss
Strategy may sell a portion of its bitcoin holdings to pay dividends on STRC shares, according to Michael Saylor.
Historical gauges point to a bitcoin bottom
Two key metrics point to a potential trend reversal in bitcoin, noted CryptoQuant analyst Ignacio Moreno de Vicente.
Strategy Acquires 4871 BTC Amid Saylor and Schiff Debate
During the week starting March 30, Strategy reported the acquisition of 4871 BTC valued at $329.9 million. The average purchase price was $67,718 per coin.
Strategy amasses 717,131 BTC after $168m bitcoin purchase
Over the past week Strategy purchased 2,486 BTC for $168.4m at an average price of $67,710.
Michael Saylor Asserts Strategy Will Withstand Bitcoin’s Fall to $8000
Strategy will maintain financial stability even if Bitcoin's price plummets to $8000, said Michael Saylor, announcing a plan to convert $6 billion in debt into equity.
DAT firms rack up billions in paper losses
Corporate Ethereum holders have racked up hefty paper losses after the correction; BitMine’s unrealised hit is $6.95bn.
Michael Saylor Identifies Main Threat to Bitcoin Network
The primary threat to the blockchain of the first cryptocurrency comes from "ambitious opportunists" seeking to alter the protocol, according to Michael Saylor.
Billionaire Calls Bitcoin an Easy Target for Confiscation
Canadian billionaire Frank Giustra questioned bitcoin’s haven status, arguing it is far easier to confiscate than gold.
Strategy Builds $1.44 Billion Reserve to Fund Dividends
Strategy has set up a $1.44bn reserve to ensure stable dividend payments if bitcoin falls, CEO Phong Le said.We use cookies to improve the quality of our service.
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