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Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions

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Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its … Read more

Michael Saylor Projects Bitcoin Price at $49 Million in 2045 Bull Scenario

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Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating for its adoption as a primary treasury asset to ensure economic … Read more

Michael Saylor: US Government Should Own Majority of Bitcoin in the World

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Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor emphasized: “The country gotta look to the future, and the future of the country … Read more

Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors

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Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and employees. This stock split will be executed via a stock dividend for shareholders of record as of Aug. 1. Each holder of Class A and … Read more

Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes

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Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin. The poll concluded with Bitcoin receiving a majority of the more than 64,000 votes. Dell’s Poll on AI, Bitcoin, or Love and Relationships — Elon Musk … Read more

T-Rex Group Files for Leveraged ETFs Targeting Microstrategy’s Bitcoin-Heavy Portfolio

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T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions in MSTR, magnifying its daily stock performance by 200%. T-Rex Group Files for Microstrategy ETFs, Dubbed the ‘Ghost Pepper of ETF Hot Sauce’ T-Rex Group, … Read more