BusinessThe CEO discussed several ways the software company could produce income from the 122,478 bitcoin on its balance sheet. By Michael BellusciDec 17, 2021 at 7:43 p.m. UTCUpdated Dec 17, 2021 at 7:56 p.m. UTCMicroStrategy CEO Michael Saylor (Joe Raedle/Getty Images) Source link … [Read more...] about MicroStrategy’s Saylor Lays Out Ways Firm Could Generate Yield From Its Massive Bitcoin Holdings
Saylor
Most Influential 40: Michael Saylor
Michael Saylor has probably spent more on bitcoin at this point than anyone else – and he’s still buying. The CEO of MicroStrategy, a publicly traded business software company that now operates more like an unregistered bitcoin exchange-traded fund (ETF), started his BTC binge with the firm’s cash reserves in 2020 and hasn’t stopped. Sometimes he buys the dip, sometimes at … [Read more...] about Most Influential 40: Michael Saylor
Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not so Good for Buying a Cup of Coffee
Viewing bitcoin as an asset rather than as a currency also makes life easier from a regulatory perspective. “All of these regulations … they’re really regulations restraining your use of a digital asset as a currency rather than as a property,” Saylor said, adding that if you acknowledge that, it’s easy to see that the future of the industry is “quite bright.” Source link … [Read more...] about Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not so Good for Buying a Cup of Coffee
Fraudsters posing as Michael Saylor strip people of over $4 million in Bitcoin
A few days ago, Elliptic, a blockchain analytic firm, reported that unsuspecting individuals had cumulatively lost over $10 billion to crypto frauds and scams.Today, a Bitcoin user has now added to that figure after losing 3 BTC (the equivalent of $179,000) to an impersonator of MicroStrategy’s chief executive officer Michael Saylor, in what appears to be a giveaway … [Read more...] about Fraudsters posing as Michael Saylor strip people of over $4 million in Bitcoin
Bitcoin volatility will always disappoint some investors: Michael Saylor
MicroStrategy CEO and Bitcoin evangelist Michael Saylor recently featured in an interview to share his insights into the global macro environment alongside Bitcoin (BTC) and crypto in general. Speaking about the risks related to volatility, Saylor said, “The people that invest in Bitcoin as traders — and they don’t, they don’t have a technology view or the macro view — they’re … [Read more...] about Bitcoin volatility will always disappoint some investors: Michael Saylor