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Showing posts with the label bitcoin investment

Michael Saylor's Strategy Buys $43 Billion Bitcoin In 9 Months

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According to an SEC Strategy filing, Michael Saylor’s Strategy purchased 21,021 Bitcoin (BTC) worth $2.46 billion in the past week. The company has bought 376,571 BTC worth $43.2 billion since Donald Trump’s Presidential victory in November 2024. Prior to Trump’s victory, it took Strategy about four years to accumulate 252,220 BTC. However, after Trump beat Kamala Harris to become the 47th President of the United States, Strategy has purchased nearly 60% of its total holdings in just nine months. Strategy Continues To Dominate Bitcoin Holdings Source: CoinCentral Strategy is currently the most significant BTC holding treasury company in the world. Strategy’s BTC wallet dwarfs all other holders. MARA Holdings, Inc. comes in at second place with 50,000 BTC. While MARA accounts for a substantial number of coins, it is very small when compared to Strategy’s BTC numbers. Michael Saylor is one of the most popular Bitcoin Maximalists in the world. His firm stance ...

Microsoft Shareholders to Vote on Bitcoin Investment Despite Board's Warning

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Microsoft shareholders face a critical decision on a Bitcoin investment plan this December. The board opposes the proposal of the National Center for Public Policy Research (NCPPR). The group says Bitcoin works well against inflation. JUST IN: Per an SEC filing, Microsoft will have a proposed board resolution for an "Assessment of Investing in Bitcoin". The board is recommending that shareholders vote AGAINST the proposal. pic.twitter.com/0WveygitH9 — TFTC (@TFTC21) October 24, 2024 They suggest companies put at least 1% of their assets into cryptocurrency. Major corporations like Microsoft are now showing more interest in using Bitcoin to spread their investments, and the vote comes as more companies seek new ways to protect their assets. Also Read: SEC Can’t Stop It: Ripple CEO Predicts Inevitable XRP ETF Approval Exploring the Potential Impact of Microsoft’s Shareholders Voting on Bitcoin Investment The Proposal’s Foundation NCPPR points to Bitcoin’s strong pe...