Category: Michael Saylor

1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO

February 23, 2021

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Bitcoin (BTC) will be the savings method of choice for 1 billion people on their phones by 2026, MicroStrategy CEO Michael Saylor predicted. In an interview with CNBC on Feb. 23, Saylor, whose company owns in excess of 70,000 BTC, continued his public Bitcoin advocacy, calling it “the dominant digital monetary network.” Saylor: Billions will […]

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MicroStrategy Begins Hiring for Bitcoin Data Product

February 12, 2021

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After buying 71,079 BTC, the business intelligence company is building its first bitcoin-related software product. MicroStrategy CEO Michael Saylor(CoinDesk archives) Feb 12, 2021 at 7:31 p.m. UTCUpdated Feb 13, 2021 at 4:07 p.m. UTC MicroStrategy Begins Hiring for Bitcoin Data Product MicroStrategy is moving to assemble a blockchain analytics team. It would be the first […]

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MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury

January 22, 2021

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CEO Michael Saylor bought the coins for an average price of $31,808. Jan 22, 2021 at 2:33 p.m. UTCUpdated Jan 22, 2021 at 3:23 p.m. UTC MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury Business intelligence company MicroStrategy bought 314 bitcoin for $10 million on Friday, piling on in a market that was down […]

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Michael Saylor of the North? Canadian Firm NexTech AR Uses $2M of Treasury Funds to Buy Bitcoin

December 29, 2020

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Dec 29, 2020 at 1:40 p.m. UTCUpdated Dec 29, 2020 at 2:38 p.m. UTC Michael Saylor of the North? Canadian Firm NexTech AR Uses $2M of Treasury Funds to Buy Bitcoin Canadian augmented reality (AR) company NexTech AR is jumping on the crypto bandwagon with plans to use its treasury funds to buy $2 million […]

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Crypto’s loudest cheerleaders in 2020

December 20, 2020

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For much of 2020, it wasn’t exactly a hard year to be a cheerleader for cryptocurrency.  Emerging from a brutal macro bear market, the space once again proved doubters wrong and attracted a new batch of converts as money-printing efforts across the globe turned savers and traders onto the power of hard currency. After a […]

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MicroStrategy, Raising Cash to Buy More Bitcoin, Boosts Notes Offering to $550M

December 9, 2020

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Dec 9, 2020 at 2:44 p.m. UTCUpdated Dec 9, 2020 at 3:43 p.m. UTC MicroStrategy CEO Michael Saylor (Charles Norfleet/Getty Images) MicroStrategy, Raising Cash to Buy More Bitcoin, Boosts Notes Offering to $550M MicroStrategy said Wednesday it anticipates raising $537.2 million in net proceeds from a debt offering the business intelligence company is conducting in […]

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Coinbase Brokered MicroStrategy’s $425M Bitcoin Purchase, Exchange Says

December 1, 2020

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Dec 1, 2020 at 12:00 p.m. UTCUpdated Dec 1, 2020 at 3:51 p.m. UTC LOW KEY: MicroStrategy, led by Michael Saylor (left), hired Brian Armstrong’s Coinbase to help it buy large quantities of BTC without moving the market.(Getty Images/CoinDesk archives) Coinbase Brokered MicroStrategy’s $425M Bitcoin Purchase, Exchange Says U.S. cryptocurrency platform Coinbase facilitated MicroStrategy’s $425 […]

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MicroStrategy Wants to Be in the Bitcoin Business, Not Just an Investor

November 20, 2020

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Nov 20, 2020 at 7:12 p.m. UTCUpdated Nov 20, 2020 at 8:09 p.m. UTC MicroStrategy booth at TechCrunch Disrupt SF 2011 (Araya Diaz/Getty Images) MicroStrategy Wants to Be in the Bitcoin Business, Not Just an Investor MicroStrategy executives are on the hunt for blockchain experts who could help the publicly traded firm build a suite […]

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Michael Saylor claims the company will hold Bitcoin for ‘100 years’

October 23, 2020

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Microstrategy CEO Michael Saylor said he will hold his company’s Bitcoin (BTC) for 100 years, and has no intention of selling it.  On Aug. 11, the business intelligence firm announced it had purchased 21,454 BTC for $250 million. This investment is now worth more than $278 million, representing an 11% increase in two months, and […]

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