Altcoins News
By Pankaj K
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Saylor Doubles Down Hard. "Volatility isn't a deterrent," Saylor said during a recent investors' call.
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Board Approval Still Pending. Here's the catch. MicroStrategy's board hasn't officially approved the latest Bitcoin purchase…
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MicroStrategy wants more Bitcoin. CEO Michael Saylor just announced plans for another massive purchase as crypto markets swing wildly between $55,000 and $60,000 over the past…
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The enterprise software company has been on a Bitcoin buying spree since August 2020, completing 105 separate transactions using corporate debt and equity financing.
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"Volatility isn't a deterrent," Saylor said during a recent investors' call. He keeps pushing Bitcoin as a hedge against inflation and the ultimate store of value, basically…
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The timing looks pretty calculated. Recent market downturns created what Saylor sees as ideal buying conditions - prices below recent averages with plenty of fear in the air.
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MicroStrategy uses a mix of corporate debt and equity financing for these Bitcoin buys, a strategy that makes traditional investors nervous but shows just how confident they are…
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The company declined to comment when reached. They usually stay quiet until deals are done, which keeps investors and market participants on edge waiting for official confirmation.
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Paul Tudor Jones, the legendary hedge fund manager, actually praised Saylor's bold vision recently.
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The crypto community watches every MicroStrategy move because their announcements tend to sway market sentiment fast.
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MicroStrategy's Bitcoin stash now represents a huge chunk of their total assets, distinguishing them from pretty much every other public company out there.
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The delay in board approval has investors eagerly waiting for news. Until an official announcement drops, the exact details of the proposed acquisition remain unclear, keeping…
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