Michael Saylor – the founder and former CEO of MicroStrategy – has announced that his company is looking to garner as much bitcoin as it can in the coming months. Michael Saylor Still Loves BTC Saylor has always been a huge bitcoin bull. He first caught the BTC bug back in August of 2020 and began adding the world’s number one digital currency by market cap to his company’s balance sheet when the currency was trading for around $11,000. From there, it exploded and...
Read More »MicroStrategy to Report Bitcoin Holdings Quarterly without Impairment Losses
The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy. Software developer MicroStrategy Inc (NASDAQ: MSTR) is set to report its Bitcoin (BTC) holdings quarterly without recognizing impairment losses in case of crypto price declines during the reporting period. This development comes as a result of the Financial Accounting Standards Board (FASB) approving new guidelines. Berenberg, a respected investment bank, has...
Read More »Michael Saylor, MicroStrategy, and Bitcoin 3 Years After
MicroStrategy’s co-founder and executive chairman, Michael Saylor, who served as the company’s former CEO for over 30 years, continues to remain bullish on bitcoin three years after his publicly-traded business intelligence company decided to make its first BTC purchase. Saylor has also made big price predictions for the asset, believing its value could exceed $1 million per coin. MicroStrategy Holds Nearly 153,000 BTC 3 Years Later MicroStrategy made history and headlines on...
Read More »Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments
CoinspeakerCoinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company's rival Binance already completed the integration of the L2 network last month. Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments
Read More »MicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges
CoinspeakerMicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency. MicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges
Read More »Michael Saylor: SEC Lawsuits Are Paving the Way for BTC Dominance
Michael Saylor, the former CEO of MicroStrategy, commented in an interview that the present SEC lawsuits against platforms like Coinbase and Binance will pave the way for bitcoin to become bigger than it’s ever been. Michael Saylor on the Future of BTC He anticipates that the bitcoin dominance in the crypto industry (which currently stands between 40 and 48 percent) will shoot up to a whopping 80 percent, leaving only a 20 percent margin for remaining altcoins. He...
Read More »Michael Saylor Hints at Potential Bull Run for BTC
Michael Saylor – the former CEO of software giant MicroStrategy – is predicting big things for bitcoin. Michael Saylor Is Still a BTC Fan Not long ago, Saylor issued a separate interview that clearly showed him to be a full bitcoin maximalist. He insinuated that he would never live it down, nor would he ever lose hope that the world’s number one digital currency by market capitalization would amount to something. In this more recent interview, he took his ideas...
Read More »Michael Saylor Is Still a Big Bitcoin Fan
Former CEO of software giant MicroStrategy Michael Saylor made an appearance at this year’s Miami Bitcoin Conference. He assured all people in attendance that bitcoin is here to stay, and that they shouldn’t worry about the prospects of a currency that, at this stage, has clearly proven itself. Michael Saylor Still Loves BTC Saylor addressed the 2022 bear market and tried hard to calm the investors in the room. Whether they felt concerned about the future of...
Read More »Michael Saylor Thinks The SEC Crackdown Could Boost Bitcoin’s Dominance to 80%
Michael Saylor – Executive Chairman of MicroStrategy – believes the regulatory pressure coming from the US SEC could be a bullish factor for bitcoin’s price and increase its dominance above the other digital assets. The American predicted that many altcoins will be deemed securities and exchanges will delist them. BTC will be among the few to be spared, whereas its market share dominance could spike to 80%, Saylor added. Bitcoin is ‘Destined’ to Succeed One of the keenest...
Read More »Is Crypto’s Regulatory Uncertainty By Design? Michael Saylor Answers
Michael Saylor – Executive Chairman of the Bitcoin-bullish software company MicroStrategy – spoke at the Bitcoin 2023 conference in Miami regarding the trajectory of Bitcoin adoption as a Treasury Reserve asset, and its place next to crypto in the US regulatory perimeter. The former CEO addressed whether the so-called “lack of clarity” surrounding crypto regulation in the United States is “by design,” and how regulatory agencies actually view digital assets. What the SEC...
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