Latest news on Michael Saylor

A $1.4 billion Bybit hack, efforts to "Kill Tether" and a Bitcoin price crash headline a rough week for the crypto markets.

Swan Bitcoin’s John Haar says shockwaves would be sent through the markets if GameStop uses its $4.6 billion in cash to buy Bitcoin and commits to buying more.

Bitcoin’s $860 billion realized market cap indicates fresh capital inflows even as prices continue to weaken under $95,000.

Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?

Michael Saylor’s Strategy has acquired 20,356 BTC for $1.99 billion at $97,514 per coin following a $2 billion note offering as part of its “21/21 Plan.”

The company is progressing with its 21/21 plan to purchase more BTC following its most recent $2 billion convertible note offering.

“The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder.

Strategy continues to acquire Bitcoin as part of its 21/21 plan to raise $21 billion in debt and $21 billion in equity to finance BTC buys.

Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash.

Strategy’s fresh 7,633-BTC purchase came days after the firm rebranded from “MicroStrategy” last week.

Data from SaylorTracker shows that Strategy is currently sitting on nearly $15 billion of unrealized gains on its Bitcoin holdings.

Strategy’s fourth-quarter loss came as it stacked another 218,887 Bitcoin — its most aggressive quarter yet.

The company's core business operations remain unchanged following the cosmetic rebrand to reflect the firm's pro-Bitcoin ethos.

Since its initial $250-million Bitcoin acquisition in August 2020, MicroStrategy has bought 471,107 BTC as of February for roughly $30 billion.

According to SaylorTracker, MicroStrategy is up over 65% all-time on its Bitcoin investment and is trading at a net asset value of 1.73x.