Is MicroStrategy founder right or wrong about Bitcoin?
Explore the possible consequences and impact of an incorrect prediction by one of Bitcoin's most fervent advocates.
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Explore the possible consequences and impact of an incorrect prediction by one of Bitcoin's most fervent advocates.
TD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
MicroStrategy's Michael Saylor strategically sold shares ahead of the Bitcoin ETF launch, following a pre-existing plan. This surprising move, the first in 12 years, added $20 million to his portfolio. Concerns over stock decline and ETF impact arise as the company, known for its substantial Bitcoin holdings, faces the evolving cryptocurrency market surge.
Microstrategy's aggressive Bitcoin investments and innovative Lightning Rewards program underscore its strong belief in cryptocurrency as a key corporate asset.
MicroStrategy's Saylor is selling company shares worth $216 million to increase his Bitcoin holdings, while maintaining a significant stake in the company.
The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
He extended his praise for Bitcoin’s (BTC) features, terming the flagship cryptocurrency as a channel towards freedom.
Bitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.
Michael Saylor, founder and CEO of MicroStrategy, placed a large wager on Bitcoin that did not appear to pay off. ...
The Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. ...