Tag Archives: Saylor

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Even by the standards of bitcoin bulls, Michael Saylor stands out. The MicroStrategy executive chairman spends his days posting quasi-mystical bitcoin memes and prophet-like pronouncements (see his pinned post on X). His company now holds 205,000 bitcoins (~$14.5 billion right now) and he’s spearheaded MicroStrategy’s transition from a modest business software company… Source link

Microstrategy founder and bitcoin evangelist Michael Saylor had some strong words about fallen FTX founder and one-time billionaire Sam Bankman-Fried (SBF). “I think this [crypto] crash accelerates regulatory intervention,” Saylor said on Yahoo Finance Live (video above). “I mean, in fact, in a sense, SBF is like the Jordan Belfort of the crypto era. Instead of ‘The Wolf of Wall Street,’ they’ll make a movie called ‘The King of Crypto.'” Belfort famously was found guilty of stock market… Source link

The District of Columbia is suing MicroStrategy (MSTR) founder and Executive Chairman Michael Saylor for allegedly never paying any income taxes in the district in the more than 10 years he has lived there, Attorney General Karl A. Racine announced in a tweet on Wednesday. In addition, Racine tweeted that his office is suing MicroStrategy “for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living” in Washington. In a follow-up Source link

MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy. Phong Le, the company’s president, will take over in the CEO role. MicroStrategy reported quarterly results that were light of Wall Street estimates on Tuesday, with revenue coming at $122.1 million against expectations for $126 million. Losses in the quarter totaled $918.1 million, with $917.8 million… Source link

The world’s largest public holder of Bitcoin called on regulators to finally tackle a laundry list of risky, immature crypto industry practices, or “parade of horribles”, that are unfairly weighing on the price of its asset. Microstrategy CEO Michael Saylor argues the over 19,000 cryptocurrencies and digital tokens in circulation must be viewed as “unregistered securities” that cannot be likened to a hard commodity like Bitcoin—which has no issuer, no management, no employees, no… Source link

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

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

TipRanks The 5G Revolution Could Send These 3 Stocks Higher 5G is here. The new networks are online and expanding, and customers – individual consumers, institutional users, and industrial applications – are starting to take advantage of the new technology. The advantages of 5G are already well-known: faster connections, more efficient upload and download capability, lower latency, greater security. 5G tech is essential for developing the full potential of autonomous vehicles and IoT… Source link