Tag Archives: Michael Saylor

MicroStrategy, the publicly-listed company that was amongst the first to put Bitcoin on its balance sheet, has now announced plans to raise another $600 million to buy more of the digital currency.In a press release dated February 16th, MicroStrategy announced that it intends to offer a $600 million aggregate principal amount of convertible senior notes that are due 2027 in a private offering to qualified institutional investors.Furthermore, the release adds that:The notes will be convertible...

Tesla’s massive $1.5 billion BTC purchase could be too risky for other large corporations to follow, argued JPMorgan Chase & Co strategists. They reasoned with bitcoin’s volatility that could prevent more old-school investors and individuals from allocating funds in the crypto asset.Corporations May Not Follow Tesla, JPM SaysElon Musk’s electric vehicle and clean energy company has bought $1.5 billion (15% of its net cash holdings) in bitcoin, as revealed earlier this week. Apart from the...

Bitcoin is not volatile when compared to fiat currencies, college education, or even real estate, commented the Executive Chairman of NYDIG, Ross Stevens. During an appearance on MicroStrategy’s Bitcoin Educational Conference, the executive also predicted that his organization could top $25B in BTC under management by the end of the year.Stevens: BTC Is Not VolatileMichael Saylor and his business intelligence company MicroStrategy have become among the most prominent bitcoin advocates in the...

The upcoming Bitcoin Educational Conference organized by Michael Saylor’s MicroStrategy has seen massive interest from CEOs and other executives. Saylor informed that all attendees would benefit from MicroStrategy’s playbook on how to utilize the BTC Monetary Network.CEOs Interested In MicroStrategy’s BTC Educational CampaignCryptoPotato reported in mid-January MicroStrategy’s latest pro-Bitcoin initiative, which aims to educate corporations on how they can take advantage of investing in...

Upon announcing its Q4 2020 results, the large NASDAQ-listed business intelligence company MicroStrategy vowed to continue with investing excess cash in bitcoin. Furthermore, Michael Saylor’s firm plans to explore other approaches that will enable it to allocate even more funds in BTC.MicroStrategy’s To Buy Even More BTC?Described as the “largest independent publicly-traded business intelligence company,” MicroStrategy made history in 2020 with several massive purchases worth over $1 billion...

Bitcoin has taken a bit of a stumble as of late. The world’s number one digital currency by market cap – which spent most of early January trading for over $40,000 (its highest point yet) – has dropped to about $33,000 at press time. The move has quite a few analysts and industry experts worried, but according to Michael Saylor – the CEO of MicroStrategy – next month could be rather big for the asset.Michael Saylor Will Push a BTC AgendaMicroStrategy has made quite a name for itself over the...

Michael Saylor’s Bitcoin bet appears to be far from over as his company MicroStrategy has acquired even more BTC despite the crypto price experiencing a significant retrace over the last couple of days.MicroStrategy has added more Bitcoin to its balance sheet according to an announcement issued on Friday (Jan. 22, 2021).MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808...

The NASDAQ-listed business intelligence giant MicroStrategy will host an online conference to educate large organizations about the potential merits of investing in bitcoin. Called “Bitcoin for Corporations,” the initiative has also received support from other industry giants such as Gemini, Binance, Coinbase, Fidelity, Grayscale, and more.Bitcoin For Corporation Coming In FebruaryThe company’s founder and CEO, Michael Saylor, announced the initiative on his Twitter account and advertised it...

Elon Musk – the South African entrepreneur behind billion-dollar ventures like SpaceX and Tesla – says he’s looking to potentially get paid in bitcoin, or at least he’s intrigued by the idea.Elon Musk Wants to Get Paid in BTC?Musk has always been there to give his thoughts and ideas on crypto. The problem is he goes back and forth – so much so that it’s hard to take him seriously. Is he a fan of crypto or not? Is it something he considers revolutionary, or does he believe all crypto will...

Michael Saylor’s business intelligence firm MicroStrategy has become one of the largest bitcoin holders after accumulating more than $1 billion worth of BTC in less than six months. Interestingly, the company’s stock price has surged by roughly 200% in the same timeframe.MicroStrategy’s History With BitcoinMicroStrategy is a Nasdaq-listed company providing business intelligence, mobile software, and cloud-based solutions. Founded in 1989 by Michael Saylor, the firm’s internally developed...