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Tag Archives: Michael Saylor

SBF is The Wolf of Wall Street of Crypto, Says Michael Saylor

The Executive Chairman of MicroStrategy and prominent bitcoin bull – Michael Saylor – likened the CEO of FTX – Sam Bankman-Fried – to the notorious Jordan Belfort, also known as “The Wolf of Wall Street.” In his view, SBF “was using stolen money” and cooperated with corrupt regulators to keep his business going. Make a Movie About Him Bitcoin evangelist Michael Saylor believes Bankman-Fried lobbied against “all of the virtues of the industry,” including bitcoin, by using...

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MicroStrategy’s Bitcoin Impairement Charge Eases During Q3

The largest BTC corporate holder – MicroStrategy – posted a minimal impairment charge of $727,000 on its bitcoin ownings in Q3, 2022 due to the relatively stable price of the asset during that period. The company purchased additional 301 coins between July and October, rounding up its total holdings to 130,000 BTC. The Q3 Results The American business intelligence corporation continued to follow its BTC agenda during the third quarter of 2022 and bought more bitcoin. As of...

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Michael Saylor Suggests Half a Million Price for BTC

Michael Saylor – the CEO of institutional bitcoin bull and software giant MicroStrategy – has announced that he thinks bitcoin has what it takes to reach a price of $500,000 per unit within the next ten years and reach a market cap of roughly $10 trillion. Michael Saylor Still Thinks BTC Will Survive Saylor was confident in his proposal that bitcoin could potentially outdo gold, which up to this stage has been the primary investing tool for most individuals looking to...

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Michael Saylor: Bitcoin Will Hit $68K Again by 2026

Michael Saylor of MicroStrategy fame is still a major bitcoin believer. Despite all the bearishness that’s happened with the world’s number one digital currency over the past several months, Saylor is confident the currency could potentially come back from its recent mega drops and will again find itself trading above $65,000 in the next four years or so. Michael Saylor Still Loves BTC He even went so far as to say that within the next decade, the price of a single...

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Michael Saylor’s Wish for Bitcoin Accounting Changes Has Arrived

The Bitcoin-loving billionaire Michael Saylor has spent months pushing for rule changes surrounding cryptocurrencies and their accounting procedures. On Wednesday, was finally granted his wish.The Financial Accounting Services Board (FASB) has agreed to adopt fair value accounting procedures for digital assets. This will theoretically make assets like Bitcoin more attractive for companies to hold on their balance sheets.  The New Accounting Model As reported by the Wall...

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Michael Saylor Just Bought More BTC

Michael Saylor has just bought another $6 million in bitcoin. Saylor Isn’t Backing Away from BTC It appears the former corporate executive is having a hard time learning his lesson. It has recently been announced his company MicroStrategy – which once stood prominently in the software field – has bought another $6 million in BTC. We are all bitcoin fans here, and we all have a huge hankering for bitcoin, but it’s likely some of us also have a huge hankering for candy and...

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Bitcoin bald bei 500’000? Diese Experten prognostizieren es!

Bitcoin-Preis bald auf 500'000 US-Dollar? Für Krypto-Investoren ist 2022 definitiv kein gutes Jahr: Nachdem bis Ende 2021 die Kurse sämtlicher Krypto-Währungen in die Höhe geschnellt sind, sieht es jetzt eher mau aus. Der Bitcoin steht nunmehr seit Wochen bei ungefähr 20’000 US-Dollar und der nächste Bullenmarkt ist nicht in Sicht. Noch schlimmer sieht es bei den Altcoins aus, die teilweise bis zu 90 Prozent verglichen mit ihrem All Time High...

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Michael Saylor Fights Back Against Peter Schiff’s Accusations of Pumping Bitcoin

The United States Securities and Exchange Commission (SEC) imposing a penalty of $1.26 million on reality star Kim Kardashian carries an important message about the regulator’s conviction on cracking down on sketchier corners of the cryptocurrency world. While many in the community acted in disbelief, others felt Kardashian was an easy target and that the SEC should have targeted the creators of EMAX instead. Peter Schiff, on the other hand, had a rather bizarre take on the...

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MicroStrategy Will Sell Stock to Buy More BTC

We all love bitcoin. There’s no doubt about that, but is it possible to love bitcoin a little too much? People like Michael Saylor of MicroStrategy fame are putting this question into our heads with their recent purchasing decisions. MicroStrategy Still Loves BTC Not long ago, it was announced that MicroStrategy was going to sell roughly $500 million in shares. Right now, the price of the company stock is dropping, meaning that whatever money the company gets for the...

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