China’s “success” in shutting down bitcoin mining will hurt China the most, says Microstrategy CEO MIchael Saylor. Saylor’s company obviously has a huge stake in the world’s first and...
CHINA MADE A TRILLION DOLLAR MISTAKE, SAYS MICROSTRATEGY CEO
14 search results for: microstrategy
ECONOMIC UPDATE – MARKET OVERVIEW
As we note in our review of LAST WEEK in this Trends Journal, July was the best month for the money junky gamblers since November 2020. Beginning in 2020, to fight their COVID War, the U.S. government was in full money dumping mode, ultimately injecting over $6 trillion of...
BLOCKCHAIN BATTLES
...ACCORDING TO MICROSTRATEGY CEO. Bitcoin, the first and most widely adopted cryptocurrency, has recently wavered repeatedly between the $45,000 and $60,000 range, after a dizzying climb over the past 14...
BLOCKCHAIN BATTLES
...plan” for holders affected by the crash in price of its token. THE POTTER STRATEGY? MICROSTRATEGY BUYING UP BITCOIN AS OTHERS SELL. There’s a scene in the Christmas classic It’s...
BLOCKCHAIN BATTLES
...early last week, Nexon, Japan’s top gaming firm, purchased 1,717 BTC for approximately $100 million. According to MicroStrategy, Nexon is holding nearly $5 billion worth of Bitcoin in total....
U.S. MARKET OVERVIEW
EQUITY MARKETS RECORD-SETTING RALLY On 25 June, U.S. stock markets closed their best week since February, reversing the previous week’s plunge that marked their worst five-day span in eight months and giving the S&P 500 index new record closes on Thursday and Friday. The S&P ended the week at...
BLOCKCHAIN BATTLES
...DOLLAR MISTAKE, SAYS MICROSTRATEGY CEO” ). Warren’s letter didn’t highlight the efficiencies of blockchain technologies like DeFi currently creating value and wealth, or the resilience against authoritarian crackdowns of things...
THE BITCOIN FIX
...head of MicroStrategy, an investment firm that has been betting on Bitcoin for years, noted that plenty of CEO’s at big companies, like Jack Dorsey and Elon Musk, have significant...
BLOCKCHAIN BATTLES
...OF BITCOIN” (27 Jul 2021) “XI RAMPS UP ECONOMIC “CULTURAL REVOLUTION” IN CHINA” (27 Jul 2021) “CHINA MADE A TRILLION DOLLAR MISTAKE, SAYS MICROSTRATEGY CEO” (29 Jun 2021) “BITCOIN MINING...
CHINA WON’T STOP AT TAIWAN, SO WHERE SHOULD AMERICA DRAW THE LINE?
...its limitations (see “THE GEOPOLITICS OF BITCOIN,” 27 Jul 2021 and “CHINA MADE A TRILLION DOLLAR MISTAKE, SAYS MICROSTRATEGY CEO,” 29 Jun 2021.) The necessity of surveillance and control to...
BLOCKCHAIN BATTLES
...Saylor, CEO of MicroStrategy's, tweeted a suggestion to Turkish authorities: #Bitcoin is hope for #Turkey. The currency has lost a third of its value since March and declined for nine...
WHY BITCOIN MAXIMALISM GETS IT WRONG
...The Microstrategy CEO made a decision earlier than most to move his investment firm’s assets into the king of cryptos, and despite wide fluctuations and volatility, he has no reason...
BLOCKCHAIN BATTLES
...Jul 2021), “HUMAN RIGHTS FOUNDATION HEAD SAYS ‘BITCOIN IS THE REVOLUTION’” (29 Jun 2021), “CHINA MADE A TRILLION DOLLAR MISTAKE, SAYS MICROSTRATEGY CEO” (29 Jun 2021) and other articles....
BLOCKCHAIN BATTLES
...Mash and others continue to build during the crypto winter, MicroStrategy’s Michael Saylor reportedly picked up another 400-plus BTC. Saylor also offered his opinion on what cryptos qualify as “commodities”...