In a historic move for the digital asset sector, S&P Global has issued its first-ever credit rating to a Bitcoin-focused treasury company, granting MicroStrategy—recently rebranded as “Strategy”—a B- rating. Executive Chairman Michael Saylor called the milestone “an auspicious start” that…
Why is Michael Saylor losing his Bitcoin premium now?
Michael Saylor Strategy Inc., formerly MicroStrategy, is under pressure as shares fall 15% this month and mNAV slips to about 1.57 from 3.4. A $47 million preferred raise fell short, leading to common-share issuance despite July guidance against sales below…
Michael Saylor outlines $100 billion Bitcoin credit plan path
Strategy Inc., formerly MicroStrategy, is changing its capital structure by moving from common stock sales and convertible bonds to perpetual preferred stock. Michael Saylor has supported continued Bitcoin accumulation and used equity and convertibles to build about 75 billion dollars…
Michael Saylor pushes $2.46 billion Bitcoin buy near highs
Over the past five years, Strategy (formerly MicroStrategy Inc.) has transformed from an enterprise software provider into the most formidable corporate acquirer of Bitcoin. Under the leadership of Michael Saylor, the company has deployed unparalleled capital-markets firepower to accumulate the…
Jim Chanos Warns of Saylor’s Trade but Skeptics Remain
The proposition to buy Strategy shares and short Michael Saylor’s Bitcoin accumulation plan has attracted significant attention on Wall Street. Legendary short-seller Jim Chanos argues that the arbitrage between Strategy’s market price and the intrinsic value of its Bitcoin holdings…
Joe Lubin Credits Michael Saylor for Ether Treasury Strategy
In 2024, Joe Lubin began considering a new approach to managing digital assets after a discussion with Michael Saylor. The conversation focused on holding cryptocurrency as part of a company’s treasury. Over the next few months, Lubin and his team…
Saylor Bitcoin: Could Nation States Hold Bitcoin on Their Balance Sheet?
Bitcoin is making a comeback, rising more than 5% after a huge decline to $49,000. This resurgence in Bitcoin’s value is part of a broader recovery for cryptocurrency-related assets like Coinbase and MicroStrategy. In a recent interview with CNBC, Michael…
Is Bitcoin the New Manhattan? Michael Saylor Explains Why Bitcoin Investment Is the Future
In a recent interview, Michael Saylor, the executive chairman of MicroStrategy, made a case for Bitcoin investment by likening it to Manhattan real estate. So, he said, “The apex property of the human race is Bitcoin. Bitcoin is Manhattan in…
Ethereum Up 3% as Investors React to Michael Saylor Comments
Ethereum (ETH) experienced a notable price surge of nearly 3% on Monday, reflecting strong bullish sentiment among investors. This increase in market optimism coincides with significant developments in the cryptocurrency space, including remarks from prominent figures like Michael Saylor and…
Michael Saylor Advocates For Bitcoin Freedom And Sovereignty, But What Does This Mean for the Future of Finance?
Michael Saylor, the founder and executive chairman of MicroStrategy, has been a vocal advocate for Bitcoin, touting its significance beyond mere financial investment. Saylor’s perspective on Bitcoin extends far beyond market volatility; he sees Bitcoin as a beacon of freedom…