Here’s How Much $50 Of Bitcoin Could Be Worth If Michael Saylor’s Prediction Is Correct Michael Saylor is the co-founder and chairman of MicroStrategy, a software development company that has strongly emphasized Bitcoin in recent years. The company began investing in Bitcoin in August 2020 and has consistently bought tokens since then. MicroStrategy has acquired […]
Coinbase plans to raise $1 billion through a convertible debt offering, following the path of Michael Saylor’s MicroStrategy. The offering has an extra provision, “negotiated capped call transactions,” which will ensure less dilution at the conversion. The raise comes after Wall Street analysts threw in the towel on their bearish stance on the stock. The […]
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than MicroStrategy (MSTR). According to the fund’s latest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held […]