Category: Microstrategy

HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin

HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin

The investment banking giant now reportedly classifies MicroStrategy as a “virtual currency product.” 6222 Total views 31 Total shares Buying MicroStrategy stock is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed message from the bank to its customers, HSBC has directed users […]

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Bitcoin’s compound annual growth is ‘an unheard-of’ 200% CAGR

Bitcoin’s compound annual growth is ‘an unheard-of’ 200% CAGR

Bitcoin (BTC) has delivered returns that are “unheard of” in history and ultimately leave Tesla stock in the dust.  That’s according to fresh data from on-chain monitoring resource CaseBitcoin, which this week delved into Bitcoin’s astonishing compound annual growth rate (CAGR). BTC hodling: 10 years, 5,200,000% returns A familiar phrase among crypto and traditional investors […]

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

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

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 will pitch Bitcoin to 1,400 public companies: How will BTC price react?

MicroStrategy will pitch Bitcoin to 1,400 public companies: How will BTC price react?

MicroStrategy, a $6.37-billion business intelligence conglomerate in the United States, will meet with public companies on Thursday to discuss Bitcoin (BTC). Michael Saylor, CEO of MicroStrategy, said that professionals from over 1,400 firms are joining the event. “If you are interested in the legal considerations firms face while integrating Bitcoin into their corporate strategy, you […]

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