Latest news on Michael Saylor

Some crypto executives are explaining the nature of the business relationships with disgraced financier and sex offender Jeffrey Epstein.

Latest filings show Strategy bought 855 Bitcoin at about $88,000 each last week, as BTC briefly fell below its average cost for the first time since 2023.

The latest crash came after US President Donald Trump nominated Kevin Warsh to replace Federal Reserve chair Jerome Powell, sending Bitcoin down to $75,892 late on Sunday.

Strategy acquired $264 million of Bitcoin last week during a market pullback, boosting its holdings to more than 712,000 BTC, according to a Monday SEC filing.

Major changes to the Bitcoin protocol should be well-thought-out and rare, Strategy co-founder Michael Saylor previously said.

Pantera Capital predicts a year of significant consolidation for corporate crypto treasuries, with a few large players dominating digital asset demand while smaller ones get bought up.

Strategy acquired 22,305 BTC last week at about $95,284 per coin, lifting its holdings to 709,715 BTC.

Michael Saylor’s Strategy has bought 14,910 Bitcoin since the start of the year, with the firm now holding over 687,000 Bitcoin.

Speaking on the What Bitcoin Did podcast, Strategy chairman Michael Saylor pushed back against criticism of companies issuing equity or debt to buy Bitcoin.

Strategy added 13,627 Bitcoin in a $1.25 billion purchase last week, extending its lead as the world’s biggest corporate BTC holder despite recent paper losses.

Strategy bought 1,283 BTC for $116 million, lifting holdings above 673,000 BTC, while reporting a $17.4 billion unrealized Q4 loss in an SEC filing Monday.

While Circle CEO Jeremy Allaire increased his net worth by a reported 149%, others like Changpeng Zhao and the Winklevosses saw declines.

The Bitcoin price slump at the end of the year hasn’t discouraged Michael Saylor’s Strategy from buying over 22,000 BTC in December alone.

The company will keep its Bitcoin holdings but stopped accumulating BTC as it shifts capital toward scaling its consumer health brand.

Strategy keeps buying Bitcoin during downturns by tapping equity markets and reserves, turning dilution and financing costs into a repeatable Bitcoin accumulation strategy.