Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham’s data suggests the assets are still under the firm’s control. Go to Source
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A Hero Falls: Bitcoin Community Blasts Michael Saylor’s ‘Paranoid Crypto-Anarchists’ and Self-Custody Remarks
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody. Michael Saylor … Read more
Bitcoiners slam Saylor for throwing weight behind ‘too big to fail’ banks
Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse. Go to Source
MicroStrategy set for gains; ‘don’t fear the premium,’ analyst says
Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215. Go to Source
Is Microstrategy’s Bitcoin Leverage a Bigger Threat Than FTX? Vinny Lingham Suggests It’s Possible
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitcoin on its balance sheet. Lingham suggested that Microstrategy could potentially cause harm to bitcoin, possibly even … Read more
STKD launches Bitcoin and gold ETF as ‘debasement trade’ gains traction
The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife. Go to Source
MicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period. Go to Source
Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto … Read more
MicroStrategy’s Premium Hits Record High As Smart Money Piles Into $MSTR, Despite Phishing Scam Setback
Last week, MicroStrategy’s ($MSTR) premium skyrocketed to a historic high of 161%, fueled by growing market excitement. The surge in interest comes as the company prepares to adopt the new ASC 350 accounting standard by 2025, allowing them to report Bitcoin holdings at fair value. This change could add approximately $3 billion to MicroStrategy’s retained … Read more
Crypto stocks see price rally as Bitcoin tops $66K
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell. Go to Source