Michael Saylor strategically sells MicroStrategy stock, netting $372.7M amidst 80% surge. Actions part of pre-arranged plan, not indicative of confidence. Move coincides with company's valuation rise. Saylor anticipates Bitcoin halving event, remains optimistic about MicroStrategy's future as leveraged Bitcoin investment.
Xu LinSaylor said that Bitcoin is definitely at least digital gold and it will eat up gold. It has all the advantages of gold without any of its disadvantages.
JinseFinanceExplore the implications of Michael Burry's massive stock sell-off, as the legendary investor behind 'The Big Short' divests nearly $292 million in assets. Uncover insights into the potential impacts on the stock and cryptocurrency markets amidst macroeconomic shifts, and hear expert opinions on navigating the volatile financial landscape.
BrianMichael Saylor subtly acknowledges Elon Musk's historic Dogecoin tweet, drawing parallels between their references to "The Godfather" and "The Dogefather." Dogecoin currently trades at $0.07828, reflecting market fluctuations. Elon Musk's impact on Bitcoin's price and Tesla's shifting stance on cryptocurrency payments add complexity to the evolving crypto narrative. Analysts anticipate Bitcoin reaching $48,000-$51,000, highlighting the dynamic nature of the market.
BerniceThe story of SBF could inspire directors to produce a movie called “The King of Crypto,” Saylor opined.
Crypto PotatoDue to the Ethereum Merge, criticisms emerged using the Proof-of-Work consensus mechanism, while hyping Ethereum's shift from PoW to PoS, many played down BTC.
BitcoinistMicroStrategy’s Bitcoin-loving chairman said that concerns over Bitcoin’s energy consumption are nothing but a talking point from the Proof of Stake (POS) crypto lobby.
OthersThe MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years.
CointelegraphAs MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans.
Cointelegraph“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin.
Cointelegraph