Tag Archives: Michael

A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

Michael Saylor is perhaps one of the most fervent supporters of Bitcoin on the planet—and that’s saying something, given the almost cultlike community behind the world’s leading cryptocurrency. Saylor, an MIT graduate and the cofounder and CEO of the business intelligence firm MicroStrategy, has become a hero to the Bitcoin faithful ever since his company began stockpiling the cryptocurrency in August 2020. The CEO has gone so far as to call Bitcoin “freedom,” and “the most… Source link

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Leigh Wood dramatically KOs Michael Conlan to retain title

Michael Conlan had the WBA featherweight title in the bag on Saturday in Nottingham, England, until he didn’t. Leigh Wood staged a remarkable late comeback and stopped Conlan at 1:25 of the 12th round to retain the title that throughout the fight seemed destined to go to Conlan. Conlan dropped Wood hard at the end of the first round with a sweeping left hand. He hurt him several times in the second round and then again at points in the first eight rounds. Wood was behind badly on all three… Source link

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Ticket from Michael Jordan’s NBA debut sells for record price

Mike Cole insists that, until a few months ago, he gladly would have accepted $500 in exchange for his unused ticket to Michael Jordan’s 1984 NBA debut. Thankfully for him, nobody ever made him that low-ball offer. A ticket that Cole stashed for years in his basement alongside some other old keepsakes turned out to have more than just sentimental value. It was one of two tickets that nearly doubled the previous record for the most expensive vintage sports ticket when their auctions closed… Source link

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Michael Jordan arrives in time for NBA 75th Anniversary ceremony

The NBA’s 75th Anniversary Team ceremony was a historic parade of stars young and old, and it wasn’t without a little suspense wither. At the beginning of the day, it wasn’t entirely clear if Michael Jordan, a player the NBA definitely would have wanted to have for its All-Star Game halftime festivities, would be in attendance. That was because of a little race known as the Daytona 500, in which Jordan’s 23XI Racing had two cars competing. Jordan was seen attending the race in Daytona Beach,… Source link

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Meta made a crucial mistake with bitcoin: MicroStrategy CEO Michael Saylor

Bitcoin bull Michael Saylor says Meta should have stayed around longer in the crypto space. “The mistake [they made] was not getting into the crypto space. They wasted many, many years of their time with the project they invested in,” the MicroStrategy CEO and founder said on Yahoo Finance Live. This week, Diem — Facebook’s one-time crypto venture — said it sold its assets and intellectual property to crypto bank Silvergate Capital. Sale price: $182 million. The sale effectively ends… Source link

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How the White Sox will use Michael Kopech in rotation in 2022

How the Sox will use Michael Kopech in rotation in 2022 originally appeared on NBC Sports Chicago The Chicago White Sox pledged a “creative” way to deploy Michael Kopech during the 2021 campaign. Come 2022, that creativity isn’t going anywhere. Kopech missed back-to-back seasons in 2019 and 2020, the first while recovering from Tommy John surgery and the second due to personal reasons. The White Sox never took him out of their long-term planning, but he obviously boasted limited experience and… Source link

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Bitcoin faces only one ‘legitimate risk,’ Microstrategy CEO Michael Saylor says

Bitcoin (BTC-USD) is down more than 20% from its record high and is set for its fourth straight weekly decline. Crypto bulls, as always, are keeping the faith. That includes MicroStrategy CEO Michael Saylor, who added bitcoin to his company’s balance sheet last year. Since then, he’s been an outspoken advocate. Right now, he doesn’t see many — any? — long-term obstacles to prices going higher. “The only legitimate risk is a black swan – an unknown unknown,” he said in an… Source link

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Michael Burry dumped just about everything in Q3 to guard against the ‘mother of all crashes’ — but he did purchase 3 interesting new holdings

Michael Burry dumped just about everything in Q3 to guard against the ‘mother of all crashes’ — but he did purchase 3 interesting new holdings Hedge fund manager Michael Burry of “The Big Short” fame has been a busy man lately. In addition to his non-stop shadowing (and shading) of Tesla CEO Elon Musk on Twitter, Burry has also been selling off shares. A lot of them. In Q3 of 2021, he reduced his common stock holdings from $137 million to $42 million. That’s because Burry believes the… Source link

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Big Short’s Michael Burry Closes Bets Against Ark, Tesla and Treasuries

(Bloomberg) — Michael Burry may have ditched some of his biggest shorts — at least for now. Most Read from Bloomberg Scion Asset Management, which Burry founded and runs as chief executive officer, had cut back to only a handful of positions as of the end of September, according to a regulatory filing made on Monday. Among trades that the firm closed in the third quarter were bets against Cathie Wood’s flagship ARK Innovation ETF, Elon Musk’s Tesla Inc. and the biggest Treasuries… Source link

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Big Short’s Michael Burry Thinks Elon Musk ‘Just Wants to Sell Tesla’ – Yahoo Finance

Reuters IBM, Amazon partner to extend reach of data tools for oil companies International Business Machines Corp and Amazon.com Inc’s Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data. Amazon in 2018 worked with Royal Dutch Shell to create a technology to turn data from more than a century of oil production, largely from paper records, into a standardized format for multinational oil… Source link

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