Michael Saylor promised Microsoft’s board of executives to present Bitcoin advantages for the company in just 3 minutes, and he did. Executive Chairman of MicroStrategy, Michael Saylor, presented Bitcoin strategic reserve for Microsoft (MSFT) boards on Dec. 01 as he promised earlier. He highlighted that Bitcoin is a transformation of digital capital, and they need to adopt...
Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in that time,...
Michael Saylor’s MicroStrategy bought an additional 9,245 Bitcoins throughout this week for $623 million. The latest purchase brings their total Bitcoin holdings to 214,246, averaging a purchase price of $35,160 per Bitcoin and cumulatively spending $7.5 billion. MicroStrategy‘s significant investment places the company’s Bitcoin assets at over 1% of the entire Bitcoin market, marking an unrealized profit margin of...
