Tag: michael saylor

While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts The Top Crypto And Supporters

The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day…

Microstrategy Buys $489M Worth Of Bitcoin — Company Now Holds More Than 100,000 BTC

The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor…

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However,…

Microstrategy Selling $400M Bonds To Buy Bitcoin — Holding To Exceed 100,000 BTC

Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional…