Public Corporates Are Still Bullish on Bitcoin Holding
A recent survey claims that many publicly traded companies with sizable Bitcoin holdings still maintain a bullish view of digital currency. Read CNL.
MicroStrategy
Microstrategy Stock Outperforms Big Tech, Grows 121%
Bitcoin adoption has helped MicroStrategy in various ways. MSTR is currently having a 121% growth.
MicroStrategy is Seeking Bitcoin Lightning Engineer
A current job itemizing has revealed that Microstrategy is on a hunt to search out an engineer for its Lightning Community-based merchandise: reports.
MicroStrategy works on onboarding people to Lightning
Saylor has revealed that the software company is enterprise applications of Lightning. MicroStrategy’s rise was thanks to the hard work of Michael Saylor. Several crypto exchanges have started to utilize the Lightning Network. Bitcoin evangelist Michael Saylor and his business intelligence firm MicroStrategy is undertaking a new project to spearhead the adoption of Bitcoin. On Saturday, September 3rd, the MicroStrategy executive chairman spoke at the Baltic Honeybadger conference in Riga, Latvia. He stated that the company is working on a solution to allow easy access for Lightning Network newcomers. The Lightning Network is the Layer-2 scalability platform for Bitcoin that
MicroStrategy’s Michael Saylor Accused of Tax Fraud
D.C. attorney general sues Michael Saylor alleging income tax evasion. The suit also states that he did not pay income taxes in D.C. from 2005 The complaint also charges MicroStrategy of conspiracy. On August 22, D.C. Attorney General Karl A. Racine filed a lawsuit in D.C. Superior Court against Michael Saylor for allegedly claiming to live in lower-tax jurisdictions and avoiding paying taxes despite living a luxurious lifestyle in a 7,000-square-foot penthouse overlooking the Georgetown waterfront. The complaint also charges MicroStrategy with conspiracy for not reporting Saylors’ address and correctly withholding District taxes from local and federal tax authorities. The
Only Bitcoin Can Equalize Power Dynamics Says Michael Saylor
Michael Saylor addresses the crypto community via a tweet about Bitcoin. He says Bitcoin is the reason the powerful no longer take from the powerless. His tweet makes it seem that Bitcoin is the reason we have a balanced power structure. As the crypto adoption wave continues to grow stronger despite bearish signals, Michael Saylor rallies Bitcoin believers. In particular, the CEO of MicroStrategy and firm Bitcoin supporter reminds the public why Bitcoin matters in a tweet. As we can see from the tweet above, he says that since the dawn of history, the person with the larger stick has
Micheal Saylor to Transition to Executive Chairman
Bitcoin’s Michael Saylor is leaving his role as the CEO of MicroStrategy. Phong Le will take over as the CEO from his post as President. The changes are expected to take effect on Aug. 8. Michael Saylor, a maximalist in the Bitcoin (BTC) camp, has announced that he will leave his post as president and CEO of MicroStrategy, the company he helped create in 1989. In a filing with the U.S. Securities and Exchange Commission (SEC), Saylor said he would relinquish his role as CEO but remain with the business intelligence software firm as its executive chairman. MicroStrategy announced that
BTC Maximalist Michael Saylor Opens up Against Ether
Michael Saylor opened up on why he believes Ethereum is unethical. Saylor claims that the securities laws have their basis in the Decalogue. The basis of securities laws is thou shall not lie, cheat or steal. In a recent tweet, noted cypherpunk Michael Saylor opened up on why he believes Ethereum is unethical. Saylor, the CEO of enterprise software company MicroStrategy, has been an outspoken critic of Ethereum and other cryptocurrencies. In his tweet, Saylor said that Ethereum is “inherently unethical” because its existence violates securities laws. He added that Ethereum is “a textbook example of fraud.” Saylor’s comments come
MicroStrategy, Tesla, and Block Lose $5 Billion From BTC Drop
Bitcoin drop also affects the stock market of the three company stock. According to Coinmarketcap, the price of Bitcoin sits at below $25k. Tesla, MicroStrategy, and Block lost $5 billion in BTC dip. According to recent reports by a financial analyst, Tesla, MicroStrategy, and Block have all lost $5 billion from the recent drop in Bitcoin. The toll reflects the risk that companies encounter when they put a portion of their cash into Bitcoin. MicroStrategy has been the most aggressive company in buying Bitcoin(BTC). Although bitcoin has dropped slightly from its lows of just over $18,000 last month, there is
Michael Saylor: US To Profit Most From Crypto Adoption
Michael Saylor claims the US will benefit the most if the world adopts cryptocurrencies. As of the end of 2021, global adoption of cryptocurrency grew by 2,300% from Q3 2019. A country in the Middle East might adopt Bitcoin as a legal tender. MicroStrategy CEO Michael Saylor claimed that the United States will benefit the most if the world adopts cryptocurrencies. Always a Bitcoin bull, Saylor specifically mentioned the chief cryptocurrency, saying that it offers a “sound ethical, technical, and economic foundation” for the digital economy. As seen in the tweet, he also forwarded a document submitted by the Bitcoin
Bitcoin Fails MicroStrategy, Over 1 Billion USD In Loss
MicroStrategy is at an unrealized loss of over $1 billion. This loss is due to the rapid continuous fall of the price of Bitcoin. The CEO, Michael Saylor says he will continue to hold Bitcoin as he has faith in the asset. It is no secret that MicroStrategy’s CEO — Michael Saylor, is a huge fan of Bitcoin, its philosophy, and everything it stands for. Over the last year, the CEO has spent millions investing in Bitcoin (BTC). Presently, with the price of Bitcoin falling at an exponential rate, many investors are panic selling. In contrast, others continue to hold
Saylor Still Bullish on BTC Amid Crypto, Stocks Crash
MicroStrategy’s CEO Michael Saylor said Bitcoin is the most certain thing in a very uncertain world. Saylor explained if people can stomach the volatility of Bitcoin, they could have a safe haven during the market crash. The CEO revealed that he’s buying Bitcoin if he got spare cash. Michael Saylor, co-founder and CEO of MicroStrategy, enlightened the viewers on what he felt about Bitcoin during the market crash at Tucker Carlson Tonight show. While other investors are alarmed as crypto and stocks plunged, Saylor pointed out in a tweet that “Bitcoin is the most certain thing in a very uncertain
