Tag Archives: Michael Saylor

Bitcoin and cryptocurrency have come a long way. Many are no longer just speculative assets but have crossed into hedge fund territory following the excessive printing of money and the spread of the coronavirus. Bitcoin and Other Cryptocurrencies Are Failing in the Payments Department However, despite all the major boosts in the space, it appears crypto assets are really faltering in one specific area… Payments. Initially, bitcoin and many of its altcoin cousins were...

Last Thursday, MicroStrategy – the billion-dollar software firm that became one of bitcoin’s biggest institutional supporters in 2020 – announced that it purchased a lot more bitcoin now that the currency has undergone a heavy slump. MicroStrategy Has Added to Its BTC Stash Not long ago, the world’s number one digital currency by market cap fell from about $51,000 per unit to just over $47,000. The company has said it is simply “buying the dip” and purchasing more BTC...

MicroStrategy – the company, spearheaded by one of the most popular and prominent Bitcoin permabulls, Michael Saylor – announced today that it had bought another $94 million worth of BTC. MicroStrategy has definitely made a name for itself in the past couple of years when it comes to acquiring BTC. Today, Saylor announced that the company has bought another 1,914 bitcoins for roughly $94.2 million in cash. The average price of the buy was around $49,229 per BTC. At the time...

Michael Saylor – the CEO of MicroStrategy, the famed software company that has been one of bitcoin’s biggest institutional fans for more than a year – revealed that he has a huge personal bitcoin stash nearing $900 million. MicroStrategy and Michael Saylor Are the BTC Kings MicroStrategy first made headlines in August of 2020. The company purchased approximately $250 million in bitcoin, the world’s number one digital currency by market cap. This was at a time when BTC...

Michael Saylor – the CEO of software giant MicroStrategy – has commented that bitcoin doesn’t need help from people like Warren Buffett to really be successful. Warren Buffett On Bitcoin… It Ain’t Good In the past, Buffett – the CEO of real estate company Berkshire Hathaway – has been rather dismissive of bitcoin, comparing it to a button on his shirt and even calling it “rat poison squared” at one point. No doubt the man has a serious hate for the world’s number one...

Impersonation scams are a growing threat in the cryptocurrency community, and a large number of victims continue to fall for them. The latest such example involved MicroStrategy’s CEO, and someone sent two BTC to a fake giveaway address using his name. In giveaway scams, bad actors typically impersonate a well-known figure and promote deceiving campaigns offering to double all bitcoins sent to their addresses. It goes without saying, those who fall for the fraud never receive...

Michael J. Saylor is an entrepreneur and business executive, who co-founded and leads MicroStrategy, a company which provides business intelligence, mobile software, and cloud-based services. But, read this, Michael Saylor tweeted in 2013: “Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.” And then, seven years later, he pinned the following tweet in his timeline: “Bitcoin is a swarm of cyber hornets serving the goddess...

The NASDAQ-listed tech giant, spearheaded by Michael Saylor, continues its BTC buying spree after another substantial purchase worth more than $80 million. Michael Saylor, one of the most prominent bitcoin advocates, who is also the founder and CEO of MicroStrategy, announced the latest purchase earlier on December 9th. The company has accumulated another 1,434 coins for approximately $82.4 million in cash at an average price of around $57,500 per bitcoin. This means that the...

The Turkish lira – Turkey’s national currency – has been in a state of freefall for the last three months and has lost around 35% of its value against the US dollar. This has been the result of the President’s somewhat controversial policies and decisions, the latest of which led to a 15% daily drop against USD. In September, President Recep Erdogan also declared war on bitcoin, aiming to pave the way for implementing the digital lira. Since then, Turkey has suffered...

Many crypto analysts believe the digital currency space is likely to hit $3 trillion in the coming weeks given how many assets – including Ethereum, Solana and Binance’s BNB Coin – have experienced heavy price surges. Ethereum and Other Assets Are Pushing Ahead These, along with several other currencies, have experienced “double-digit” gains over the past few weeks. In addition, bitcoin has been scaling back, which has ultimately given many of the world’s smaller tokens...