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MicroStrategy admits it might need to sell bitcoin by 2026

In a risk disclosure this week, Michael Saylor’s MicroStrategy (currently doing business as Strategy) admitted that circumstances may mean it has to sell some of its BTC by next year. Any such sale would break years of claims from Saylor that the company plans never to sell. Indeed, Saylor’s plan for MicroStrategy has been clear and single-minded. “The highest, best use of bitcoin is to buy bitcoin and hold,” Saylor has professed. Repeatedly and without exception, Saylor has told his followers that he plans to hold onto his coins. “The endgame is to acquire more BTC. Whoever gets the most BTC wins. There is no other endgame.”  You do not sell your #Bitcoin. — Michael Saylor (@saylor) February 27, 2024 Even Saylor, in his personal capacity, says he plans never to sell his BTC and will burn his private keys when he dies. However, there are several events that could force him to sell in spite of his devotion. According to data from Arkham Intelligence, the comp...

Saylor’s “Strategy” May Bid Farewell To Its Bitcoin (BTC) If This Happens

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The rumor mills are running high in the current cryptocurrency market, compelling investors to think twice and thrice about their recent market explorations. In a recent new rumor spree, Michael Saylor, former CEO of MicroStrategy, recently rebranded as “Strategy,” might be forced to sell its Bitcoin if BTC’s price continues to plunge, per the latest 8-K form filing filed by the firm with the SEC on April 7. Also Read: China’s Central Bank Asks State-owned Banks to Reduce US Dollar Purchases Is Michael Saylor Ditching Bitcoin? Source: Watcher Guru Michael Saylor, former CEO of MicroStrategy, popularly known as Strategy, might be bailing away from Bitcoin. A new rumor suggests that Saylor has filed a new 8-K form with the US SEC, stating that the firm may be obliged to sell its Bitcoin if it continues to fall or plunge in the near future. At the same time, the clause is dubbed a standard risk procedure and may come into effect if BTC plunges below normal price thresholds. “The rumor has...

Michael Saylor's MicroStrategy Renames to Strategy

Michael Saylor’s MicroStrategy is officially changing its name to “Strategy,” according to a press release on Wednesday. The company is unveiling a new name, Bitcoin logo, and orange brand color as of today. Known as one of the largest institutional investors in the king cryptocurrency, Strategy has launched new websites for Strategy software and branded merchandise. JUST IN: Michael Saylor's MicroStrategy changes its name to "Strategy." pic.twitter.com/N3OfdUwIBE — Watcher.Guru (@WatcherGuru) February 5, 2025 “This brand simplification is a natural evolution of the company, reflecting its focus and broad appeal,” Strategy wrote in a press release. “The new logo includes a stylized “B”, signifying the company’s Bitcoin strategy, and its unique position as a Bitcoin Treasury Company. The brand’s primary color is now orange, representing energy, intelligence, and Bitcoin.” Michael Saylor, Strategy CEO Phone Le on Strategy Rebrand Michael Saylor is...

MicroStrategy Buys The Dip, Adds To Bitcoin Hoard For Seventh Straight Week

MicroStrategy (MSTR) has bought the dip, adding to its Bitcoin hoard for the seventh consecutive week as it fortifies its position as the largest corporate holder of the leading cryptocurrency. The firm bought 5,262 BTC for $561 million last week, bringing its overall hoard of the digital currency to 444,262 BTC. The latest news comes as MicroStrategy starts its first full day of trading as a member of the Nasdaq 100 equity index. In pre-market trading, the stock price was steady above $364.2. Executive chairman Michael Saylor said the latest Bitcoin acquisition was at an average price of $106,622 per bitcoin. At today’s market price, the company’s total hoard of Bitcoin is now worth about $42.2 billion, which lifts its overall average purchase price to $62,257 per bitcoin 🚨 BREAKING 🚨 MICROSTRATEGY BOUGHT 5,262 BTC WORTH $561 MILLION WHILE EVERYONE WAS PANIC SELLING. IT NOW HOLDS 444,262 BITCOIN WORTH $42.7 BILLION 🔥 pic.twitter.com/RLQuG4Khc...

Michael Saylor gave Microsoft a speed run pitch of bitcoin benefits

Michael Saylor sped through 44 slides in just three minutes during a frantic promise-filled pitch intended to convince software titan Microsoft to adopt bitcoin. During the PowerPoint speedrun — which saw one slide visible for just two seconds — Saylor pitched some pretty extravagant bitcoin benefits. These included the claim that Microsoft could add almost $5 trillion to its market cap if it adopted the currency and invested $100 billion annually . My 3-minute presentation to the $MSFT Board of Directors and @SatyaNadella, articulating why the company should do the right thing and adopt #Bitcoin. pic.twitter.com/aHp91V9Slz — Michael Saylor️ (@saylor) December 1, 2024 The full Michael Saylor pitch. Saylor also used bitcoin to discredit Microsoft’s own stock. “It makes a lot more sense to buy more bitcoin than to buy your own stock back or to hold bitcoin rather than holding bonds,” he said while a chart showed bitcoin outperforming Microsoft by 10x. ...

MicroStrategy (MSTR) raises $3 Billion to Purchase More Bitcoin

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Michael Saylor’s MicroStrategy (MSTR) has raised an additional $3 billion to fund a new mass Bitcoin purchase, Saylor announced Thursday. According to Saylor, Microstrategy completed a $3 billion offering of convertible notes at 0% coupon and 55% premium, with an implied strike price of $672. JUST IN: MicroStrategy raises $3,000,000,000 to purchase more #Bitcoin. — Watcher.Guru (@WatcherGuru) November 21, 2024 Microstrategy, a renowned business intelligence and IB tool firm, is capitalizing big off the brewing Bitcoin boom. Michael Saylor’s Bitcoin strategy was viewed by many as a key reason for the stock’s performance. He has reflected that strategy into MSTR, spreading the profits and joys that come with being a Bitcoin holder in November 2024. According to MicroStrategy’s press release Thursday, the aggregate principal amount of the notes sold in the offering was $3 billion. It includes $400 million aggregate principal amount of notes issued pursuant to an option to...

Michael Saylor's MicroStrategy to Raise $2.6B to Buy More Bitcoin

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Continuing the accumulation strategy that has been so successful for the company, Michael Saylor’s MicroStrategy has announced it will raise $2.6 billion to buy more Bitcoin. That figure is up from the previous $1.75 billion they had raised for BTC purchasing purposes. In a press release issued today, the firm announced an offering of convertible senior notes. Indeed, the move continues the same process the company has used to grow its Bitcoin holdings. To this point, it has paid dividends, with the company’s stock surging amid its ongoing accumulation of the leading crypto. JUST IN: Michael Saylor's MicroStrategy to raise $2.6 billion, up from $1.75 billion, to purchase more #Bitcoin. — Watcher.Guru (@WatcherGuru) November 20, 2024 Also Read: Michael Saylor’s Bitcoin Pitch to Microsoft Set to Lead Another Crypto Boom? MicroStrategy to Raise $2.6 Billion—Up From $1.75 Billion—to Buy More Bitcoin Bitcoin has continued to have a November to remember this year. Just...

Michael Saylor’s MicroStrategy Announces $42 Billion Plan To Increase Bitcoin Holdings

Michael Saylor’s MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years to expand its Bitcoin holdings. The strategy, named the “21/21 Plan,” aims to secure $21 billion through equity and an additional $21 billion through debt, underscoring Saylor’s ongoing commitment to Bitcoin as a key corporate asset. “As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” said president and CEO Phong Le, in the company’s third-quarter earnings statement. 🟠#BTC MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years, split evenly between $21 billion in equity and $21 billion in fixed-income securities. The company intends to use this capital to increase its Bitcoin holdings as a treasury pic.twitter.com/f2MEcnevoQ — Fortune Tells (@online0705) O...

Bitcoin: Michael Saylor Reacts To Ethereum ETF Approval

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MicroStrategy’s executive chairman and long-time Bitcoin advocate, Michael Saylor , remains steadfast in his support for BTC. This comes amidst the recent approval of spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In response to this news, Saylor conveyed a strong message to the BTC community, reaffirming his belief in Bitcoin’s superiority over Ethereum and other assets. A prominent Bitcoin maximalist, Saylor took to X (formerly Twitter) to share his thoughts. He posted a bullish message for the crypto community, proclaiming, “All your models are destroyed when Godzilla arrives. #Bitcoin” He accompanied this with an image of the iconic movie monster Godzilla wreaking havoc. The image included a BTC mascot in the corner, symbolizing Bitcoin’s immense power and the significant impact its supporters expect it to have on the market. Also Read: What’s Happening Between Peter Schiff And Bitcoin? ...

Michael Saylor Says SEC Will Classify Ether As Security, Deny Spot ETFs

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MicroStrategy executive chair Michael Saylor believes that the SEC will classify Ethereum ETHER as a security, but deny Spot Ethereum ETF applications. Saylor spoke at MicroStrategy’s Bitcoin For Corporations conference on May 1 where the topic came up. He believes the SEC will label ETH as a crypto asset security under its regulatory purview and not a commodity under the U.S. Commodity Futures Trading Commission. Furthermore, Saylor speculated that the SEC may consider Ether , BNB, SOL, XRP, and ADA unregistered crypto asset sec urities. “None of [these tokens] will ever be wrapped by a spot ETF, none of them will be accepted by Wall Street, none of them will be accepted by mainstream institutional investors as crypto assets,” said Saylor. Also Read: Ripple (XRP) Reversal is Paving the Way to $2 in 2024 The SEC’s decision on Ether ETFs and Ether being a security has been a topic of debate for some time. Following the decision to not label Ripple’s XRP as a s...

Michael Saylor Shares 'Rare' Bitcoin Stat; Is It A Buy Opportunity?

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Also Read: MATIC Price Launches Bid for $1.2 With This Massive Protocol Upgrade advertisement BTC’s Rare Flip Below Average On Monday, August 28, 2023, Saylor shared a statistic on BTC price that shows Bitcoin historically trading below the crucial 200 Week Moving Average. Generally, this position has been associated with a bullish wave. Hence, Michael Saylor is indicating that in the current price range, the cryptocurrency is trading at a buy zone, with a potential for upside. “Rarely does $BTC trade below its 200 Week Moving Average,” he said in a tweet. Interestingly, this is one of those rare occasions when the MicroStrategy co-founder shared technical aspects of Bitcoin , unlike the usual statements he makes on the potential of the cryptocurrency. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...