Microstrategy Stock News

Motley Fool co-founder and CEO Tom Gardner interviews MicroStrategy CEO Michael Saylor.

Motley Fool co-founder and CEO Tom Gardner interviews MicroStrategy CEO Michael Saylor.

MicroStrategy CEO Michael Saylor has warned lawmakers of the European Union (EU) about the potential effects of banning Bitcoin (BTC). “Trillion Dollar Mistake” In a recent tweet, Michael Saylor, chief executive officer of business intelligence firm MicroStrategy, has weighed in on the recent versio…

MicroStrategy CEO and Bitcoin advocate Michael Saylor spoke out about the recent raft of restrictions that are looming over the crypto industry.

Bitcoin Slides Ahead Of EU Vote Which Could "Practically" Ban Key Digital Currencies, But Seen Unlikely To Pass Cryptocurrencies stumbled on Sunday evening after trading rangebound for the past two days, following a delayed market realization, and reaction, that on Monday, the European parliamentary committee will vote on a new regulatory framework for crypto assets, which according to Bloomberg could accelerate passage of a measure that industry executives say could "practically ban key digital currencies including Bitcoin and Ethereum in Europe." Crypto-assets issued and/or traded in the EU “shall be subject to minimum environmental sustainability standards and set up and maintain a phased rollout plan to ensure compliance” with those requirements, according to the final draft for the Markets in Crypto Assets (MiCA) law, the EU’s sweeping legislative package for governing digital assets, that was seen by Bloomberg News. The Economic and Monetary Affairs Committee will vote on the bill on Monday, and in an unexpected twist, the draft law contains a late addition that looks to limit the use of cryptocurrencies powered by an energy-intensive computing process known as proof-of-work.

Despite its rollercoaster ride in the market, there are always people who remain steadfast in their belief in Bitcoin. One of them is a pillar of tech behemoth, Apple Inc. Steve Wozniak — the Apple co-founder — has stated that he expects the world’s top cryptocurrency to reach $100,000 in the near future. Wozniak discussed cryptocurrency in a recent interview on the Wild Ride with Steve-O podcast. “I purchased a large amount of bitcoin at the outset to demonstrate how to use this new technology. How do you make an online purchase? I conquered that. How do you purchase items in foreign nations, and how would you pay for a donut?” Additionally, the computer programmer and philanthropist pondered how individuals locate ATMs that accept bitcoin. “I want to experience and absorb everything,” he stated. The Apple Co-Founder’s Belief According to Wozniak, Bitcoin is the “most incredible mathematical marvel.” In July last year, when speaking at Talent Land Jalisco, he told his virtual audience that Bitcoin was superior to gold due to its verified digital scarcity.

An impressive track record makes this digital asset a no-brainer for your portfolio.

CEO of MicroStrategy Michael Saylor remains one of the most vocal supporters of bitcoin. Countless times in the past, Saylor has always lauded the benefits of the digital asset, which he says is the best investment. His convictions are shared by his firm which remains the publicly traded company with the largest bitcoin holdings in the world. Now, once again, Saylor has spoken out in favor of the cryptocurrency, effectively snubbing its competitors while he’s at it. Bitcoin Is The Only Scarce Asset Bitcoin’s scarcity has often been one of the strongest arguments for the value of the cryptocurrency. According to the code, there can only be 21 million bitcoins mined, meaning that once this supply is mined, there are no more bitcoins coming into circulation. More BTC cannot be created, making it one of the most scarce assets in the entire globe. Related Reading | Bitcoin Mempool Fills, Transactions Fees Double; Here’s Why With bitcoin’s growth, it has fast become a rival for other top investment assets in the space.

A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.

Shares of crypto-related companies and exchange-traded products surge on Wednesday, after President Joe Biden signs an executive order requiring federal agencies to review policies related to cryptocu

Advanced Micro Devices and MicroStrategy have been highlighted as Zacks Bull and Bear of the Day.

Futures Surge After 4 Day Rout On Ukraine War Optimism; Cryptos Soar After two days of sheer market insanity, including Monday''s furious plunge and Tuesday''s rollercoaster session, U.S. equity futures jumped after 4 straight days of losses, following European equities higher, as Ukraine optimism won, at least initially, over fears about high inflation and global stagflation as a result of soaring commodity prices, sparking a furious Delta squeeze (as we will show shortly in a subsequent post). At 730am ET, Nasdaq 100 contracts were up 2.1% while S&P 500 futures gained 1.6%. The underlying benchmark fell for a fourth straight session on Tuesday to close at its lowest since June 2021. Dow futures rose 1.5%. A bond selloff extended as investor focus turned to upcoming central-bank rate decisions, while oil prices reversed a rally driven by President Joe Biden’s ban on fossil-fuel imports from Russia. . The dollar weakened for the first time in five days, as haven demand waned. Bitcoin soared more than 10% over $42,000 spurred by optimism about an impending U.S. overhaul of crypto oversight that Treasury Secretary Janet Yellen called “historic.” Investors are bracing for a global stagflationary shock from a commodity-price rally fueled by Russia’s isolation even as supply disruptions threaten to usher in a period of slower global growth.

We called the sell at $520 before a whopping EPS loss and here's the Bitcoin burden update

We called the sell at $520 before a whopping EPS loss and here's the Bitcoin burden update

It's an interesting question to consider.