MicroStrategy CEO: Bitcoin will reach $13 million
BTC, MicroStrategy CEO: Bitcoin will reach $13 million Golden Finance, Michael Saylor is a crazy Bitcoin believer. Dare to think and dare to act.
JinseFinanceBTC, MicroStrategy CEO: Bitcoin will reach $13 million Golden Finance, Michael Saylor is a crazy Bitcoin believer. Dare to think and dare to act.
JinseFinanceMicroStrategy launches decentralized identity protocol on Bitcoin. Enhances security, Github draft released. Uses Ordinals for key generation. Enables authentication, future integration with credential ecosystems.
EdmundThe value of MicroStrategy’s Bitcoin holdings has grown to about $13.5 billion since the company began buying the digital asset as part of its efforts to hedge against inflation.
JinseFinanceThanks to its founder Mike Saylor's aggressive currency hoarding strategy, from 2020 to 2024, as of March 12, MicroStrategy has hoarded 205,000 BTC, with an average cost of 33,706 BTC, or 72k BTC. Calculated, the floating profit exceeds 7.8 billion U.S. dollars.
JinseFinanceExplore the possible consequences and impact of an incorrect prediction by one of Bitcoin's most fervent advocates.
JinseFinanceTD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceMicroStrategy'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.
BerniceMicroStrategy capitalizes on Bitcoin's surge, earning $600 million in a day and nearing a $1 billion gain in 2024. Despite MicroStrategy's stock facing challenges, CEO Michael Saylor sees Bitcoin as the empowering force behind the company's success, emphasizing its outperformance relative to traditional assets. Closing Remark: MicroStrategy's reliance on Bitcoin, while financially beneficial, raises concerns about the volatility impact on its stock performance, highlighting the delicate balance between digital and traditional assets.
SanyaMicrostrategy's aggressive Bitcoin investments and innovative Lightning Rewards program underscore its strong belief in cryptocurrency as a key corporate asset.
BrianSaylor previously stated that the move would allow him to meet his “personal obligations” and, of course, purchase more Bitcoin.
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