MicroStrategy has raised its bitcoin holdings to more than 1% of all the cryptocurrency that will ever be issued.
Browsing: Michael Saylor
The results of MicroStrategy’s dodgy experiment with bitcoin have been scary – all the more so because of CEO Michael Saylor’s wilful blindness to the consequences.
A MicroStrategy unit received a $205-million loan collateralised by its bitcoin holdings that it plans to use to purchase more of the largest cryptocurrency.
Promoted | Revix unpacks the continued institutional interest in the crypto market heavyweights as well as the rise of Web 3.0 and the impact it could have.
It’s time for bitcoin’s corporate champions to account for a brutal selloff in the cryptocurrency.
Elon Musk on Sunday asked about the possibility of converting “large transactions” of Tesla’s balance sheet into bitcoin, according to a Twitter exchange.
MicroStrategy has bought more bitcoin. The company paid $50-million for more of the world’s largest cryptocurrency at an average purchase price of $19 427, it said in a filing.