# microstrategy

Michael Saylor: Bitcoin will cost $ 10 million

Michael Saylor, executive chairman and co-founder of MicroStrategy, recently expressed his beliefs on the merits of the flagship cryptocurrency. In a recent podcast, he stated that the value of bitcoin will reach $ 10 million per coin and that China will support the main virtual asset. Saylor said: «A perfect currency is economic immortality. An imperfect currency means a short and brutal life.» The top […]

Yuval Noah Harari: Bitcoin creates distrust in the financial market

The world-famous Israeli philosopher Yuval Noah Harari, author of the bestselling book Sapiens and Homo Deus, said that finance should create trust in society, not destroy it. While bitcoin does just the opposite. Harari emphasized that the choice of bitcoin by investors is based on a growing distrust of traditional social and financial institutions. The scientist expressed hope that civilization will be able to find a way […]

The largest cryptocurrency owner acquired 1% of all mined bitcoins

The largest corporate holder of the bitcoin cryptocurrency, MicroStrategy, managed by Michael Saylor, owns approximately 1% of the total circulating supply of BTC. This was reported by Bloomberg journalists. According to a statement filed with the U.S. Securities and Exchange Commission (SEC), MicroStrategy acquired 9245 BTC for $ 623 million between March 11 and 18. The average purchase price was $ 67,382. The […]

The reasons for the fall of the bitcoin cryptocurrency have become known

The value of the flagship cryptocurrency plummeted in a matter of hours. According to analysts, the reason was the news of the hacking of the account of MicroStrategy, headed by Michael Saylor. The hackers attacked MicroStrategy’s account on platform X and advertised a fraudulent distribution of the allegedly official MSTR token. As ZachXBT researcher found out, the victims have already lost $ 440,000. In an attempt to get free tokens, users connected […]

Michael Saylor names conditions for tenfold growth of bitcoin

Sam Bankman-Fried, the head of the FTX exchange that went bankrupt in November 2022. According to Sailor, the cryptocurrency market needs to get rid of such market participants in order to develop further. The investor also mentioned that most cryptocurrency tokens should disappear. «As soon as the industry stops paying attention to small coins that only distract market participants, we will grow 10 times from current […]

Bitcoin is predicted to grow 20 times in the near future

Michael Say lor, co-founder of MicroStrategy and self-proclaimed «bitcoin maximalist,» predicted that the value of the world’s first cryptocurrency will continue to rise. According to Saylor, investors can expect to grow 20 times in the near future. «The next logical step for bitcoin would be to increase by 10 times, and then another 10 times. In the end, I’m sure that cryptocurrency exchanges will quickly […]

MicroStrategy’s purchase of bitcoin may have negative consequences — expert opinion

North Rock Digital founder Hal Press has criticized MicroStrategy’s strategy to acquire the flagship cryptocurrency. In his opinion, the company’s current business model is unsustainable and will eventually become a «career ender» for the firm’s founder Michael Saylor. It’s not going to happen anytime soon (several years minimum IMO), but eventually every single one of Saylor’s coins will need to be sold. When […]

Cryptocurrency analyst predicts bitcoin’s growth to $ 100,000

❗ Not financial advice! Ryan Selkis, CEO of the analytical company Messari, shared his forecast for the dynamics of bitcoin. According to the expert, in the next 12 months, the flagship of the crypto market will be able to overcome the $ 100,000 mark. The expert emphasized that in the foreseeable future, more and more investors and large financial institutions will consider bitcoin as the […]