Michael Saylor News

As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin buys. 

Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control.

Bitcoin (BTC) retains two of its best-known proponents but one has cooled his BTC price forecasts considerably.

The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist. 

Just when you think you have seen enough, Bitcoin comes back again to surprise you. The crypto ‘Big Brother’ is smothering around the $29,000 zone and the future looks bleak at the moment. Bitcoin is about to end the ninth week on the bounce in losses as the larger crypto market continues to take hits.

Cryptocurrencies are the exact opposite of a prudent investment: They’re volatile, have little practical use beyond speculation and crime, often get lost or stolen, and lack the real-world cash flows that underpin the values of stocks and bonds. It should thus go without saying that they have no place in a retirement savings plan. Unfortunately, it appears to require saying. Increasingly, financial institutions are seeking to get crypto into the employer-sponsored 401(k) plans where workers set aside pre-tax earnings for retirement — and which, as of December, contained about $11 trillion in assets. Last year, the plan provider ForUsAll announced a partnership with Coinbase that would allow employees to put as much as 5% of their accounts into cryptocurrencies via a so-called brokerage window.

Despite a huge sell-off in cryptocurrencies, JPMorgan believes that Bitcoin’s fair price is 28% higher than its present level. This would seem to signal a “significant upside from here.” In fact, the firm had also claimed that $38,000 would be a reasonable price for Bitcoin.

The crypto-market crisis, according to Michael Saylor, Co-Founder, Chairman, and CEO of MicroStrategy Inc., is “great” for Bitcoin. Contrary to most, the frantic price action in the Bitcoin market does not appear to disturb the exec. In fact, he has another bold prediction for Bitcoin, despite it struggling to stay above $30,000.

"I don't own any. I like investing in things that have valuable output," Bill Gates said.

The tiny Portuguese island of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement made during the Bitcoin Miami Conference in 2022 has spurned confusion and misinformation.

Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.

Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rules for digital assets and commodities.

Lionel Laurent

MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.

Bitcoin (BTC) and the broader crypto market went into a sharp selloff over the past day, led lower by a de-pegging of the partially BTC-backed stablecoin terraUSD (UST) and a falling risk sentiment globally.

Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who's using the largest cryptocurrency to make ends meet.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

The Bitcoin Mining Council (BMC) has responded to a letter sent to United States Environmental Protection Agency (EPA) Administrator Michael Regan by Democratic legislators last month with a letter of its own seeking to rectify inaccuracies about Bitcoin (BTC) mining and its environmental impact. 

Key Speakers At Bloomberg Invest Asia Event: Roger Ver

The Central African Republic has become the second country in the world to adopt bitcoin as official currency, after El Salvador took the same step last year.

Bitcoin (BTC) mining is becoming more efficient while firms are increasingly using green energy for their mining operations, according to a recent survey by the Bitcoin Mining Council (BMC), a voluntary global forum of Bitcoin mining companies.