How Michael Saylor’s Strategy Became the Largest Bitcoin Holder
8 Articles
8 Articles
Analyst Warns: Strategy On Track For Historic Collapse, Bigger Than FTX
In a bold and alarming statement, on-chain analyst OxChain raised the possibility of a catastrophic collapse involving Strategy (formerly MicroStrategy), the Bitcoin proxy firm co-founded by Michael Saylor. According to OxChain, this potential downfall could surpass the infamous collapse of FTX. ‘Strategy’s Bitcoin Tactics Resemble Ponzi Scheme’ In a recent post on X (formerly Twitter), OxChain expressed concerns about Strategy’s aggressive Bitc…
Strategy, led by Saylor, has nearly 600,000 bitcoins in its treasury. Read more
Michael Saylor shifts to using preferred shares to buy Bitcoin as criticism rises
Michael Saylor’s Strategy bought US$1.05 billion in Bitcoin in the last seven days, the third consecutive week in which the cryptocurrency treasury company has used preferred shares exclusively instead of common stock to fund purchases.
Michael Saylor Shifts to Using Preferred Shares to Buy Bitcoin as Criticism Rises
Michael Saylor's Strategy bought $1.05 billion in Bitcoin in the last seven days, the third consecutive week in which the cryptocurrency treasury … Source link The post Michael Saylor Shifts to Using Preferred Shares to Buy Bitcoin as Criticism Rises first appeared on Crypto News Wire.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium