Tag: Michael Saylor
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Michael Saylor Moves $2.45B in BTC: Strategy or Selloff?
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Michael Saylor’s Strategy has once again taken the spotlight in the crypto world, this time for both financial triumph and a massive on-chain move.The company, which remains the largest corporate holder of Bitcoin, reported a staggering net income of $2.8 billion for its third quarter, surpassing Wall Street’s expectations.Earnings per share stood at $8.42, beating…
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Strategy Sued Over $5.9B Bitcoin Loss
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MicroStrategy is facing a high-profile class action lawsuit following a staggering $5.9 billion unrealised Bitcoin loss. The legal complaint, filed in the Eastern District of Virginia (Docket No. 25-cv-00861), accuses the company and its executives of deceiving shareholders and manipulating crypto-related stock valuations. At the heart of the lawsuit is Michael Saylor, co-founder and Executive…
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Bitcoin 2025: A Powerhouse of Crypto Visionaries in Las Vegas
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Bitcoin 2025, the much-anticipated global crypto event, is set to electrify Las Vegas from May 27-29, bringing together some of the most influential voices in the industry. This year’s event promises to deliver powerful discussions on Bitcoin’s future, featuring high-profile speakers and game-changing insights. David Sacks Joins the Spotlight The inclusion of Crypto Czar David…
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MicroStrategy Raises $2.6B to Buy More Bitcoin
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MicroStrategy, the largest corporate Bitcoin holder, has increased its convertible senior note offering from $1.75 billion to $2.6 billion. The funds raised are earmarked for acquiring more Bitcoin, the company announced. Founder Michael Saylor highlighted overwhelming investor demand for the 0% convertible bonds, due in 2029. The offering includes a $400 million greenshoe option, allowing…