MicroStrategy’s $42B Bitcoin bet is bullish for shareholders: Analyst
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans. Go to Source
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One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans. Go to Source
As institutional interest in Bitcoin soars, the crypto community grapples with fundamental questions about custody and control. Go to Source
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax. Go to Source
A poll conducted by Microstrategy’s chairman drew over 100K responses, revealing sweeping support for the presidential candidate seen as Bitcoin’s most powerful advocate. Who’s Bitcoin’s Best Bet in 2024? Michael Saylor’s Poll Sends a Clear Message As the 2024 election season intensifies, digital asset advocates closely analyze how a potential Donald Trump or Kamala Harris … Read more
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center … Read more
MicroStrategy is up over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period. Go to Source
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging “big bank” custody in an interview earlier this week. Go to Source
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance. The gold confiscations of 1933 highlight why self-custody of bitcoin, rather … Read more
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor had minimized the role of self-custody, stating, “I think that when the bitcoin is held by a bunch of crypto-anarchists who aren’t regulated entities who … Read more
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin. Go to Source