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Michael Saylor Announces Bitcoin Purchase Worth $500 Million
17 Articles
17 Articles
Cardone Capital Adds 1,000 BTC to Balance Sheet - Coin Surges
Real estate tycoon Grant Cardone’s private equity firm Cardone Capital announced a 1,000 BTC acquisition on Friday, June 27. The bitcoin ( BTC) is worth more than $100 million at current prices and is part of Cardone’s foray into implementing a bitcoin treasury strategy after a curious meeting he had with Michael Saylor, Chairman of […] Read Entire Article The post Cardone Capital Adds 1,000 BTC to Balance Sheet appeared first on Coin Surges.
Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?
MicroStrategy has just added another 4,980 Bitcoin to its stash, spending about $531 million at an average of $106,801 per coin. That brings the company’s total haul to 597,325 BTC. At today’s market price, those holdings are worth over $64 billion, compared with the roughly $42.4 billion MicroStrategy (now Strategy) has put in, fees included. According to... The post Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move? appeared …
Strategy buys Bitcoin for $531M booming in sentiment! In a bold move, Michael Saylor and his firm have adopted an investment strategy focused on the massive acquisition of Bitcoin, betting on the growing positive sentiment in the cryptocurrency market. With a $531 million purchase in Bitcoin, this strategy reflects strong confidence in the long-term potential of this leading cryptocurrency. But, what does this move mean for the financial world? …
Wall Street’s Bitcoin proxy eyes $14b quarter, without selling a thing
Michael Saylor’s once-unexciting software firm is now on track for a $14 billion windfall, not from enterprise sales, but from Bitcoin’s resurgence. As Wall Street debates whether his model is genius or gibberish, one thing is clear: The rules of…
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