📊 Strategy just bought another 10,100 Bitcoins!
The company now holds 592,100 BTC - over 2.8% of the total supply, with an average buy price of $70,666.
Strategy is doubling down on Bitcoin again 🟠
Despite already holding the largest corporate stash of BTC, the firm is now raising $1B through a preferred stock offering to buy even more. We break down their latest moves here: https://auriccrypto.com/uncategorized/strategy-launches-1b-preferred-stock-offering-to-buy-more-bitcoin/
serious accounting person and #finreg expert Francine McKenna goes HAM on #MicroStrategy (#MSTR) and #MichaelSaylor’s “giant pot of bitcoins in the sky” investment strategy (if you can call it that).
https://thedig.substack.com/p/microstrategy-part-1-of-answering
#crypto #bitcoin #cryptocurrency #finance #economics #stockmarket #stockmarkets #BtC #Saylor
Extremely unsurprisingly executives at #Coinbase and #MicroStrategy were some of the biggest overall sellers of stock in any company in any market in 2024.
For all I talk about Chinese money laundering and the other criminal aspects of #crypto the American #NerdReich are really the winners in the cryptoverse. They've figured out a totally legal way to personally make incredible sums of (real) money: look the other way while hundreds of billions of dollars worth of criminal money pumps the prices of cryptocurrencies, which in turn pumps the shares of their companies. Then they sell the shares.
I don't know the details for #MSTR but I know for #Coinbase no executives have bought a single share in the company for many years now. It's just a non-stop torrent of dumping shares of #COIN while the dumping is good.
https://blockworks.co/news/largest-stock-sellers-2024
#Cryptocurrency #bitcoin #michaelSaylor #Saylor #BrianArmstrong #BTC #a16z #TheNerdReich
a pot of bitcoins bought with massive amounts of leveraged debt is now the 40th largest company in the #Nasdaq by market cap.
in other news #Dogecoin is "worth" more than Ford Motor Company.
i suspect future generations will look back and think "there were signs..."
#MicroStrategy #MSTR #MichaelSaylor #saylor #saylormoon #bitcoin #BTC #crypto #cryptourrency #stockmarket #stocks #finance #debt #arbitrage
Michael #Saylor advocates for a US #Bitcoin Strategic Reserve to strengthen financial dominance globally
Critics, including Senator Gillibrand opposes the reserve, questioning its feasibility and benefits
Can #Trump succeed with the Bitcoin reserve plan?
https://coinpedia.org/news/michael-saylor-urges-us-to-establish-bitcoin-reserve-amid-trumps-pro-crypto-stance/
MicroStrategy's SEC filing reveals that they "acquired approximately 55,500 bitcoins for approximately $5.4 billion in cash, at an average price of approximately $97,862".
Bitcoin is currently $95k. A week ago it was $90k... and Saylor paid an *average* of $97,862!
I'm increasingly convinced that the vast majority of this huge pump in the price of bitcoin is just Michael Saylor's madness (and the madness of whoever is willing to pay $300,000 per bitcoin by buying shares of MSTR instead of just buying bitcoins for 1/3rd the price).
This won't end well.
#cryptocurrency #bitcoin #crypto #BTC #Saylor #MichaelSaylor #MicroStrategy #MSTR
The CBP - MrRGnome - The Good, The Bad and The Bitcoin
https://bitcointv.com/videos/watch/48f582c9-68b0-411d-8d01-3e148096bc62
My #Bitcoin2024 Hilight Reel:
Just how crazy are these people? Can they make even more absurd claims?
#bitcoin #btc #trump #saylor #crypto #cryptocurrency #scam #tech #fintech #humor #remix #video #funny #scam #ponzi #nft #blockchain #cryptoReality
MicroStrategy, led by Michael #Saylor, acquires 3,000 Bitcoins, bringing total holdings to 193,000 $BTC. #cryptonews
Saylor's long-term belief in Bitcoin drives #MicroStrategy's aggressive acquisition strategy, reflecting in impressive #MSTR stock performance.
https://coinpedia.org/news/microstrategy-boosts-bitcoin-holdings-with-additional-3000-btc-purchase-totaling-193000-btc/
#MicroStrategy's CEO, Michael #Saylor, shifted cash to #Bitcoin amid Covid-19, yielding over $4B profit. #CryptoNews
MicroStrategy holds 190,000 bitcoins worth $10B+, outperforming S&P 500, reflecting a 70% unrealized profit.
https://coinpedia.org/news/microstrategys-bitcoin-bet-yields-4-billion-profits-surpasses-10-billion-mark/
The drama on twitter around the #sec announcing the #bitcoin #etf, and then #garygensler walking it back saying the SEC account was "compromised".... just insane.
#Saylor and the #Winklevoss twins are having a field day.
The SEC's approach to Bitcoin has been shit the whole way along, this hopefully puts them on even shakier ground with the US Congress.
"At World.Now, you'll hear from MicroStrategy Chairman and CEO Michael Saylor, as well as a slate of BTC industry luminaries, as they discuss this groundbreaking treasury reserve strategy."
Bitcoin for Corporations
Virtual Conference
February 3-4, 2021
https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit
#Bitcoin :bitcoin: #MicroStrategy #WorldNow #World2021 #GigaChad #MichaelSaylor #Saylor #Treasury #Reserve #Macro #Corporate #Finance #Legal #Accounting #Vendors #Event #MSTR $MSTR
I joined the #lida101 course because well I thought "hey I need some improvements on my learning...especially digital learning, and so far into the course it's working. I've learnt some amazing things, and I'm hoping to improve all the skilled, I've acquired #leaning #newthings #saylor
Learning on the open web is amazing. We're making history with #LiDA101. Incredible to see learners at #sayloracademy interacting with #oeru learners across different technologies. Posts from the #Saylor discussion forum are integrated into the live course feed from their forum site. And the #OERu course feed is embedded on the Saylor site. With #opensource we can support multiple learning communities world wide. 👍