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...
Read More »MicroStrategy Executive Chairman Michael Saylor Says Firm Exploring Use Cases for Bitcoin Ordinals
MicroStrategy’s Michael Saylor recently suggested that Bitcoin Ordinals could immensely benefit the crypto ecosystem. MicroStrategy Incorporated (NASDAQ: MSTR) co-founder and Executive Chairman Michael Saylor has discussed his company’s work with Bitcoin Ordinals. In a media session, Saylor revealed that his company was exploring how the Bitcoin-backed non-fungible tokens (NFTs) could lead to software innovation. According to the innovative crypto executive, MicroStrategy was interested...
Read More »MicroStrategy Increased its BTC Holdings for 11 Consecutive Quarters
MicroStrategy – the business intelligence company co-founded by Michael Saylor – has purchased bitcoin each quarter since August 2020. The company is the largest corporate holder of the primary cryptocurrency, owning 140,000 BTC. It accumulated its stash at an average price of $29,803, meaning it currently sits on a minor unrealized loss. Adding More BTC During Every Quarter Despite the volatile nature of bitcoin and the 2022 bear market that disrupted the cryptocurrency...
Read More »Michael Saylor, the Eternal BTC Bull, Just Bought More Crypto
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Michael Saylor – the man behind software giant MicroStrategy and a major crypto bull – has paid off a $200 million+ loan obtained from the now failed crypto bank Silvergate and has purchased even more bitcoin units, thus bringing the company’s total BTC holdings to nearly $4 billion. Michael Saylor Won’t Give...
Read More »Global Loss of Confidence in Fiat Boosting Bitcoin Adoption: Michael Saylor
With several market analysts giving their takes on the key driver behind this renewed surge, MicroStrategy’s former CEO, Michael Saylor, recently expressed his view on the matter. Inflation and Counterparty Risks Drive Bitcoin Adoption In a recent CNBC interview, Saylor noted that two dynamics are pushing the broad adoption of Bitcoin. He revealed that the first one is the concern about inflation. Saylor believes these issues result in the loss of confidence in fiat...
Read More »MicroStrategy Sees First Quarterly Profit in 2 Years Due to Bitcoin Bet
MicroStrategy, an Enterprise Business Intelligence (BI) platform that provides software, cloud computing, and other services to a wide array of clients, also happens to be one of the world’s largest Bitcoin holders, with approximately 140k Bitcoin in reserves. Out-competing by HODLing The decision to purchase Bitcoin in bulk was made by then-CEO Michael Saylor in 2020, citing concerns over inflation. According to him, simply HODLing BTC has given his firm an edge over rivals...
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