Bitcoin-stacking Strategy is looking to raise $250 million through a new perpetual preferred stock listing to buy more Bitcoin.
Latest news on Michael Saylor
Michael Saylor is the chairman, co-founder and former CEO of MicroStrategy, an American company that provides business intelligence, mobile software and cloud-based services. He is one of the most vocal supporters and prolific buyers of Bitcoin.
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Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC.
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According to data from SaylorTracker, Strategy’s BTC investment is up over 50%, representing unrealized capital gains of over $20 billion.
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An appearance from Michael Saylor on The Joe Rogan Experience would “shatter the internet,” according to a Bitcoiner.
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Strategy executive chairman Michael Saylor previously warned that revealing wallet addresses could expose companies to long-term threats.
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Metaplanet’s stockholders are paying a more than fivefold premium on Bitcoin spot prices, as BTC’s soaring valuation discourages direct retail exposure.
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Strategy’s Michael Saylor advised against institutions publishing proof-of-reserves to show their crypto holdings, saying it’s a “bad idea” that increases the risk of a security breach.
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Michael Saylor’s Strategy continued stacking Bitcoin as the cryptocurrency broke an all-time high above $110,000 last week.
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According to SaylorTracker, Strategy is up over 54% on its Bitcoin investment, representing over $21.8 billion in unrealized capital gains.
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Michael Saylor's Strategy bagged another 7,390 Bitcoin last week as prices rallied above $100,000 and also got hit with a class-action lawsuit, according to the company's latest SEC filing.
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AlAbraaj Restaurants Group, a publicly listed Bahraini catering firm, has adopted a Bitcoin treasury strategy with plans to expand into Sharia-compliant finance.
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Once a staunch Bitcoin critic, famed short-seller Jim Chanos now sees an arbitrage opportunity by shorting Strategy stock and buying BTC.
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Strategy co-founder Michael Saylor told the Financial Times in a new documentary that his company is well-positioned to become a $10 trillion enterprise one day.
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Strategy leads the corporate pack with 77% of the growth in Bitcoin holdings so far this year, according to River.
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Bitcoin is witnessing profit booking near its all-time high, but it is likely to find solid support at $100,000. Will altcoins follow?
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