Category: Michael Saylor

MicroStrategy added 9K BTC last quarter, its stash is now worth $7 billion

October 29, 2021

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MicroStrategy added almost 9,000 Bitcoin (BTC) to its holdings in Q3, bringing its total BTC stash to a valuation of around $7 billion. The company highlighted the purchase of 8,957 BTC in its Q3 report on Wednesday, with the firm’s perma-bull CEO, Michael Saylor, stating that there is more BTC accumulation to come: “Today, MicroStrategy […]

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MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

July 30, 2021

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As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset. 7053 Total views 141 Total shares Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses […]

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Michael Saylor doesn’t think Bitcoin is ‘going to be currency in the US ever’

July 16, 2021

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The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property. 3988 Total views 5 Total shares MicroStrategy CEO Michael Saylor thinks that Bitcoin is more like digital property than digital currency. He was speaking on the July 15 edition of […]

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Bitcoin Mining Council survey estimates a 56% sustainable power mix in Q2

July 2, 2021

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According to the Bitcoin Mining Council, the global Bitcoin mining industry now uses 56% sustainable energy. 3377 Total views 26 Total shares The global Bitcoin mining sector has reached a 56% sustainable power mix in Q2, according to estimates from a Bitcoin Mining Council (BMC) report. “Bitcoin mining uses a negligible amount of energy, is […]

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Michael Saylor is not just a Bitcoin maximalist: ‘There’s a place for everybody’

June 16, 2021

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The MicroStrategy CEO sees Ethereum as a serious competitor to the financial industry. 3516 Total views 12 Total shares MicroStrategy chief Michael Saylor has room in his heart for other cryptocurrencies aside from Bitcoin, the billionaire revealed on an episode of CNBC’s Fast Money, in which he aired his views on the industry and where […]

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Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool

May 28, 2021

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According to Edward Evenson, who works for Bitcoin miners Slush Pool, Chinese BTC mining machines are on the move. 12213 Total views 6 Total shares Edward Evenson, head of business development at Slush Pool owner Braiins, reports that a large number of Chinese BTC mining machines equivalent to Quebec’s entire output will be moving to […]

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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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