Cryptocoins News / CoinJournal - 3 years ago
Michael Saylor says Bitcoin is unstoppable and will flip gold as the better safe-haven asset
BTC will grow 100 times more to become a $100 trillion asset class
The cryptocurrency will account for 5-7% of the global economy in the next decade
Micros...
Bitcoin News / Bitcoin.com - 3 years ago
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. ȁ...
Cryptocoins News / NewsBTC - 3 years ago
There is no telling what exactly would be the thing that pushes bitcoin into the $2 trillion territory. For now, the asset is still one of the most valuable assets in the world with a total market cap of $1.15 trillion. Nonetheless, investors continu...
Cryptocoins News / NewsBTC - 3 years ago
MicroStrategy has been bullish from the start evidenced by its bitcoin purchases. The firm owns over 110 bitcoins and has deepened its crypto bet at various times during the past year. The tech firm has continuously raised money at various points to...
Cryptocoins News / CoinJournal - 3 years ago
MicroStrategy bought an additional 8,957 BTC in Q3, the company has& announced.
The firm revealed the significant increase in its Bitcoin holdings in its third-quarter 2021 financial results released on 28 October.
According to the report, the co...
Cryptocoins News / The Cointelegraph - 3 years ago
As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713. MicroStrategy added almost 9,000 Bitcoin (BTC) to its holdings in Q3, bringin...
Cryptocoins News / The Cointelegraph - 3 years ago
The fund will trade on ASX and aims to provide a level of crypto exposure to institutional investors. Six months following its application with the Australian Securiti...
More / Bitcoin Reddit - 3 years ago
In August, MicroStrategy publicized buying $250 million worth of Bitcoin for its treasury reserves. The company placed an additional $175 million into Bitcoin shortly thereafter, for a total stack worth about $425 million. MicroStrategy’s Bitcoin all...
More / Bitcoin Reddit - 3 years ago
In a recent letter to the FASB found HERE, President & Chief Financial Officer of MicroStrategy, Phong Le writes: "In the first quarter of 2021, we determined to pursue as part of our overall corporate strategy, a strategy of acquiring bitco...
More / Bitcoin Reddit - 3 years ago
Stumbled upon this after looking a bit more into Mr Saylor and MicroStrategy. Couldn't help but think that whenever I see a post about anyone feeling unsure whether to sell because the market is too volatile or whatnot, THIS GUY is just the defin...
Cryptocoins News / The Cointelegraph - 3 years ago
The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million. The value of MicroStrategy’s massive Bitcoin (BTC)...