MicroStrategy, a software development firm that has become a corporate Bitcoin vault, plans to sell up to $500 million of stock to fund more purchases of BTC. The deal is a sign firm’s exec Michael Saylor isn’t abandoning his bold plan to turn his software developer into a Bitcoin proxy. A filing on Sept. 9…
542 ViewsFamous crypto expert Michael Saylor, the Co-Founder, Chairman, and CEO of MicroStrategy, the world’s largest holder of Bitcoin, will give November 18 an exclusive interview at the upcoming Dubai Precious Metals Conference (DPMC). The session entitled ‘Gold versus Bitcoin: competition or coexistence?’ will also observe how blockchain technologies are set to enhance the market structure…
505 ViewsMicroStrategy CEO Michael Saylor expressed his support for cryptocurrencies and called Bitcoin the most dominant digital property network. In the interview with CNBC on Tuesday evening, he compared Bitcoin to digital gold on a big technology network. Commenting about the performance over the last 12 months the recent surge in inflation, and the role of…
563 ViewsBitcoin jumped above $39,000 in the last 24 hours after Elon Musk said Sunday Tesla Inc could accept Bitcoin again in the future. According to Coinbase, Bitcoin’s price surged to $39,095 (9% up) at the start of Sunday trading. Before, Tesla CEO Elon Musk clarified in response to a tweet of Cointelegraph, one of the…
445 ViewsThe Bitcoin Mining Council announced on Thursday as debates over the energy wasted in crypto mining are growing. The energy consumed to mine cryptocurrencies matches a developed country’s usage and is comparable to big CO2 emitters such as airlines and fossil-fuel companies. “The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners…
476 ViewsThe publicly traded company MicroStrategy, a big enterprise software developer, announced Tuesday that it raised its corporate bond sale from $400 million to $500 million to satisfy investor demand. The revenue will be transferred to purchase funds in Bitcoin above the 92,079 BTC the firm accumulated before. Unnamed sources said to Bloomberg, the sale was…
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