Tag: saylor

Saylor's Back: Strategy Doubles Down on Bitcoin Amid Market Chaos

Saylor's Back: Strategy Doubles Down on Bitcoin Amid Market Chaos

In the face of recent market upheaval, Strategy, under the leadership of Michael Saylor, is doubling down on their commitment to Bitcoin. The firm, known for its large treasury of Bitcoin, is continuing its strategy of accumulation. This is occurring in the context of a major Bitcoin price correction. This...

Is Saylor's Bitcoin Bet a Genius Move or Reckless Gamble?

Is Saylor's Bitcoin Bet a Genius Move or Reckless Gamble?

Michael Saylor. The name echoes through the halls of finance, synonymous with one thing: Bitcoin. His startup, Strategy, is literally a Bitcoin ETF in disguise with plenty of BTC at 528,185 BTC. And now, despite market jitters and macroeconomic headwinds that would make lesser CEOs sweat, he's doubling down, signaling...

Saylor's $85K Bitcoin Bet: Genius Move or Reckless Gamble?

Saylor's $85K Bitcoin Bet: Genius Move or Reckless Gamble?

MicroStrategy’s Q1 2023 filings recently disclosed a mind-boggling $6 billion in unrealized losses on its BTC stash. Never mind all that, because Michael Saylor, the company’s chairman, is doubling down on this idea, declaring plans to acquire more BTC. Financial brilliance or slow-motion train wreck. Should we honor his conviction,...