According to a recent post, Burry has liquidated about $50 million in tech stocks, including major players like Amazon, Alphabet, and Oracle. These stocks, which made up roughly 15% of his portfolio in 2023, were sold off in the first quarter of 2024.
WenJunMicroStrategy Chairman Michael Saylor asserts Bitcoin's superiority over gold amidst surge in gold prices. With over 214,246 Bitcoin amassed, Saylor reaffirms bullish stance. Bitcoin's outperformance and upcoming options contract expiry contribute to market volatility.
Xu LinSaylor said that Bitcoin is definitely at least digital gold and it will eat up gold. It has all the advantages of gold without any of its disadvantages.
JinseFinanceExplore the implications of Michael Burry's massive stock sell-off, as the legendary investor behind 'The Big Short' divests nearly $292 million in assets. Uncover insights into the potential impacts on the stock and cryptocurrency markets amidst macroeconomic shifts, and hear expert opinions on navigating the volatile financial landscape.
BrianBitcoin and gold are both valuable assets that can be used to protect against inflation.
Bitcoinist
FinboldBitcoin investor and founder of software company MicroStrategy Michael Saylor are being sued for alleged tax fraud, according to a ...
Bitcoinist“Predicting a stock crash is a lot like predicting an earthquake. You know one will happen every so often but you can never tell exactly when or how severe it will be,” said Mati Greenspan.
CointelegraphNowadays, Gold and silver are being accepted as tokenized real-world assets by blockchain-based platforms. Blockchain-based digitization has taken currencies online, ...
BitcoinistThe FASB is set to review its accounting rules for digital assets, which could see firms no longer be required to report crypto such as BTC as “intangible assets” on their balance sheets.
Cointelegraph