MicroStrategy’s Bitcoin holdings fall $3.4 billion 2022/07/03 18:08:45 BOL News
MicroStrategy’s Bitcoin holdings fall $3.4 billion at the end of the second quarter. The company began purchasing Bitcoin in bulk in the summer of 2020. MicroStrategy will likely incur a sizable impairment charge when it announces its second-quarter results. Michael Saylor, the CEO of MicroStrategy, stated that the company began purchasing Bitcoin in bulk in […] The post MicroStrategy’s Bitcoin holdings fall $3.4 billion appeared first on BOL News .
MicroStrategy’s Bitcoin holdings take a record $3.4 billion hit - Economic Times 2022/07/03 03:58:00 Economic Times India
MicroStrategy’s Bitcoin holdings take a record $3.4 billion hit Economic Times
Does Sam Bankman-Fried Own Everything Now: Recap Of Last Week''s Top Crypto News 2022/07/02 22:30:00 Zero Hedge
Does Sam Bankman-Fried Own Everything Now: Recap Of Last Week''s Top Crypto News By Donavan Choy of Bankless Three Arrows Capital Contagion, Act III The dominoes continue to fall from 3AC’s collapse. The fund was ordered into liquidation by a British Virgin Island court after failure to repay debts. Singapore’s central bank MAS — where 3AC was previously headquartered — then stated that the fund willfully submitted false information on its balance sheets, and exceeded its allowed assets under management for several months. The collateral damage from 3AC’s implosion has spilled over into other crypto companies, namely Voyager Digital and BlockFi. Last week, Voyager halted withdrawals on its platform. This week saw Voyager issuing 3AC a default notice after the latter failed to make payments on a $670M loan. Meanwhile, SBF’s Alameda Ventures stepped in with a $500M loan package to save Voyager, of which $75M has already been accessed. VOYG shares have taken a hit of ~60% in the past two weeks after news of its exposure to 3AC broke.
Buy - MicroStrategy''s Bitcoin holdings take a record $3.4 billion hit. The company says it''s playing the long game 2022/07/02 20:41:05 Business Mag
When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless. The crypto pile he has…
MicroStrategy’s Bitcoin holdings take a record $3.4 billion hit. The company says it’s playing the long game 2022/07/02 20:35:19 Fortune
When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless. The crypto pile he has since accumulated was worth $3.4 billion less at the end of the second quarter than the previous one.
Fidelity Investments Launch the Industry’s First-of-Its-Kind Bitcoin Offering for 401(k) Core Investment Lineup 2022/04/29 11:56:24 Fintech Finance
Fidelity Investments®, one of the largest financial services providers, announced the launch of Fidelity’s workplace Digital Assets Account (DAA), the industry’s first offering that will enable individuals to have a portion of their retirement savings allocated to bitcoin through the core 401(k) plan investment lineup. The innovative new offering, which MicroStrategy plans to add to […] The post Fidelity Investments Launch the Industry’s First-of-Its-Kind Bitcoin Offering for 401(k) Core Investment Lineup appeared first on Fintech Finance .
Investment Bank Goldman Sachs Joins List Of Banks To Offer Bitcoin-Backed Loans 2022/04/29 10:48:13 EIN News Bitcoin
… Sachs, has created a Bitcoin -backed cash loan product. In … have now created a Bitcoin -backed home loan product wherein … that customers could pledge their Bitcoin (BTC) holdings and take … million loan to Microstrategy with Bitcoin as collateral. Michael Saylor, …
MicroStrategy’s Remarkable Move: Plans To Provide Employees Bitcoin Retirement Plans 2022/04/28 03:20:37 Bitcoin Ethereum News
The post MicroStrategy’s Remarkable Move: Plans To Provide Employees Bitcoin Retirement Plans appeared on BitcoinEthereumNews.com . Michael Saylor’s MicroStrategy has recently announced its plans to facilitate the employees to retire on Bitcoin through Fidelity’s new Bitcoin 401(k) program. Bitcoin is a digital property which makes it…
Fidelity offers 401(k) investors access to bitcoin 2022/04/27 17:46:00 Financial Regulation News
Financial services provider Fidelity Investments said Tuesday it has launched a workplace Digital Assets Account (DAA) offering that enables individuals to have a portion of their retirement savings allocated to bitcoin.© Shutterstock Officials said the initiative via the core 401(k) plan investment lineup is slated to be added to business Intelligence solutions provider MicroStrategy’s 401(k) […] The post Fidelity offers 401(k) investors access to bitcoin appeared first on Financial Regulation News .
MicroStrategy Becomes First Public Company To Offer Workers Access To Bitcoin Retirement Plans 2022/04/27 07:40:09 ZyCrypto
Bitcoin has come a long way over the past years, so much so that it is now part of retirement accounts.
Wood declares ''radical'' change in politics around Bitcoin, Saylor commands ''not to sell your Bitcoin'' 2022/04/07 20:14:34 KITCO
(Kitco News) - In one of the most anticipated talks from the Bitcoin 2022 conference in Miami, ARK Invest CEO Cathie Wood and MicroStrategy CEO Michael Saylor discussed a "radical shift" in politics around Bitcoin, advising the crowd in attendance to keep "hodling" the world''s largest cryptocurrency.
Cathie Wood, Michael Saylor And Mayor Suarez Show Investors Are More Bullish Than Ever 2022/04/07 18:24:19 Benzinga
A Thursday morning panel at Bitcoin Miami with Ark Invest CEO Cathie Wood and Bitcoin whale/CEO of Microstrategy (NASDAQ: MSTR ) Michael Saylor discussed the projected future for Bitcoin (CRYPTO: BTC ), which represents the blockchain industry as a whole. “As many of you may know, in our big ideas 2022 [from Ark Invest] we have a price target in 2030 of more than one million dollars per Bitcoin,” Wood says of projections for how much money will pour into the blockchain industry in the coming years. While that price target may seem outlandish, Wood argues that it would take just 2.5% of institutional assets to be allocated to Bitcoin in the coming years to make that price target come true. Price targets such as these operate under the knowledge that blockchain will usher in a new future for the global internet and across virtually all industries. With the success of digital assets such as NFTs taking off in recent months, as well as a general interest in the tech becoming more widely accepted, claiming that cryptocurrency assets are dramatically undervalued today is not an outrageous claim.
Microstrategy''s Saylor says he''s more bullish than ever on bitcoin 2022/04/07 15:16:00 Seeking Alpha
Microstrategy (MSTR) CEO Michael Saylor said that he''s more bullish than ever on bitcoin. Saylor is speaking at the Bitcoin 2022 conference at the Miami Beach convention…
MicroStrategy CEO says Bitcoin (BTC) has advantages over gold 2022/04/07 07:42:49 Invezz
Michael Saylor is one of the most vocal Bitcoin bulls. Saylor’s MicroStrategy is one of the largest Bitcoin holders, accumulating over 125,000 coins. The executive has now provided the top reasons he thinks that Bitcoin has superior features compared to gold. MicroStrategy’s CEO is still bullish on Bitcoin During the Bitcoin 2022 conference that kicked […] The post MicroStrategy CEO says Bitcoin (BTC) has advantages over gold appeared first on Invezz .
MicroStrategy Has A New “Buy The Dip” Competitor In Terra As LFG’s Bitcoin Stash Hits $1.6 Billion ⋆ ZyCrypto 2022/04/07 01:13:22 Bitcoin Ethereum News
The post MicroStrategy Has A New “Buy The Dip” Competitor In Terra As LFG’s Bitcoin Stash Hits $1.6 Billion ⋆ ZyCrypto appeared on BitcoinEthereumNews.com . Advertisement     Terra has once again purchased a significant sum of Bitcoin as BTC slips below $44,000. The blockchain platform, which is home to LUNA and Terra…