In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys
Tesla and Microstrategy have a combined impairment loss of almost $1.5 billion —will they HODL on? Go to Source Powered by WPeMatico
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Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off
Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.” Microstrategy Sees Bitcoin as the Future of Money The CEO of the Nasdaq-listed software company Microstrategy, Michael … Read more
Madeira ‘embraces’ Bitcoin and how the president met Michael Saylor
Why and how the island of Madeira is “adopting” Bitcoin and how the president fell down the Bitcoin rabbit hole. Go to Source Powered by WPeMatico
Michael Saylor welcomes FASB vote to review crypto accounting standards
The 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. Go to Source Powered by WPeMatico
New York digital media company the latest to add Bitcoin to balance sheet
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter. Go to Source Powered by WPeMatico
Michael Saylor assuages investors after market slumps hurts $MSTR, $BTC
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans. Go to Source Powered by WPeMatico
Crypto Biz: The real reason crypto hodlers should care about the Federal Reserve, April 28-May 4, 2022
On May 4, the FOMC voted to raise interest rates by 50 basis points. Here’s why Bitcoin investors need to care about central bank policy. Go to Source Powered by WPeMatico
BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate. Go to Source Powered by WPeMatico
MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion. Go to Source Powered by WPeMatico
Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly … Read more
