Category: microstrategy

Buy the Dip: Microstrategy Grabs $15 Million More Bitcoin — Now Holds 91,850 BTC in Treasury

Buy the Dip: Microstrategy Grabs $15 Million More Bitcoin — Now Holds 91,850 BTC in Treasury

Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment. Microstrategy now holds about 91,850 bitcoins. Microstrategy announced Thursday that it has purchased $15 million more in bitcoin. CEO […]

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Congressional lawmakers push for clearer accounting standards for digital assets

Congressional lawmakers push for clearer accounting standards for digital assets

On May 12, seven members of the U.S. Congress sent a letter urging the Financial Accounting Standards Board to establish clearer guidance on digital assets.  The letter says that “lack of thoughtful and carefully developed authoritative guidance from the FASB threatens the ability to create accurate and consistent financial reporting of a large and fast-growing […]

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MicroStrategy Buys Another $15M Worth of Bitcoin at $55K

Despite the volatile market conditions, Michael Saylor’s business intelligence giant has doubled down on its BTC-related strategy. The firm bought another chunk of 271 bitcoins, and its total stash is now nearly 92,000 coins. The NASDAQ-listed company announced the latest purchase of 271 bitcoins on May 13th. The firm said it had bought the amount […]

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Breaking: MicroStrategy Buys Additonal $15M Bitcoin Cash Purchase

MicroStrategy, the cloud solution giant has bought an additional $15 million worth of Bitcoin at $55,387 adding 271 BTC to their $2 billion-plus bitcoin holdings. The most recent purchase take the total number of Bitcoin bought by Microstrategy to 91,850 BTC worth $2.41 billion. MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in […]

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Mark Zuckerberg’s Goat, “Bitcoin”, Ignites Conspiracy Theories

Yesterday, Mark Zuckerberg, founder and CEO of Facebook, revealed he’d named one of his goats “Bitcoin”. This was seemingly an innocent announcement that, nonetheless, got the crypto sphere talking on what deeper meaning this might indicate. While some have rationalized this as being an endorsement of Bitcoin by Facebook, others have suggested weirder theories. Bitcoin: […]

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You Wouldn’t Want to Leave Dogecoin to Your Grandson, Says Michael Saylor

Michael Saylor, co-founder, and CEO of the business analytics company MicroStrategy believes it is not wise to bequeath the trendy cryptocurrency Dogecoin to your grandchildren. In comparison, he outlined BTC’s potential and breached the significant differences between the primary cryptocurrency and the meme token. Saylor Warns About Dogecoin Investments In a recent interview, MicroStrategy’s leader […]

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Bitcoin Has No Existential Threats, Says Michael Saylor

The CEO of MicroStrategy – Michael Saylor – outlined that the leading digital asset Bitcoin has no existential threats. According to him, the cryptocurrency will dominate the 21st century as a store of value. The Future For BTC Michael Saylor expressed his opinion about the primary cryptocurrency Bitcoin on a YouTube interview for Kitco News […]

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BNY Mellon Regrets Not Owning Stocks of Companies Investing in Bitcoin

Choosing stock of gold mining companies instead of shares of firms investing in bitcoin has caused an underperformance for BNY Mellon’s tech-focused funds. The giant US bank outlined MicroStrategy – the company owning over 90,000 bitcoins – as the biggest missed opportunity. BNY Mellon’s Funds Performance In recent filings with the US Securities and Exchange […]

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Binance to Add the Stocks of Apple, Microsoft, and MicroStrategy as Tradable Tokens

A few weeks after launching its latest product – tradable stock tokens – Binance has decided to expand the portfolio with the shares of MicroStrategy, Apple, and Microsoft. The three new additions will be live by the end of April.  Binance to Add MSTR, AAPL, and MSFT  As CryptoPotato reported a few weeks back, the […]

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Bitcoin vs Gold Debate: Frank Giustra Says BTC Not the Answer to All Problems, Crypto Proponents Exhibit Cult Behavior

The bitcoin vs. gold debate between gold financier Frank Giustra and the pro-bitcoin Microstrategy CEO Michael Saylor took place this week. In what viewers call an “epic” debate and a “historic” event, Saylor packed his arguments full of facts to convince Giustra to sell his gold and invest in bitcoin. Giustra, however, attacked how Saylor […]

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