MicroStrategy’s Michael Saylor hints at another Bitcoin purchase following a recent market dip, potentially marking the company’s seventh consecutive week of acquisitions. Analyst Jeff Walton suggests MicroStrategy could become a $10 trillion company due to its Bitcoin holdings.
Tag: Michael Saylor
Jim Chanos’ Bitcoin Strategy: Shorting Strategy and Going Long on BTC
Renowned short-seller Jim Chanos reveals a surprising new trading strategy: shorting Strategy (formerly MicroStrategy) while simultaneously buying Bitcoin. He sees it as a play against corporate crypto hype and retail speculation.
Cryptocurrency Price Predictions & Market Analysis: May 12 – SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
Comprehensive analysis and price predictions for Bitcoin, Ethereum, XRP, BNB, Solana, Dogecoin, Cardano, and Sui, alongside insights into the S&P 500 (SPX) and US Dollar Index (DXY) as of May 12.
Strive Asset Management to Become Bitcoin Treasury Company: A Deep Dive
Strive Asset Management, founded by Vivek Ramaswamy, plans to transition into a Bitcoin treasury company through a reverse merger with Asset Entities, aiming to accumulate BTC using public equity markets.
Bitcoin Price Analysis: Macroeconomic Concerns and the Path to $100K
Bitcoin’s price struggles amid macroeconomic uncertainty, Treasury yield declines, and concerns over sustainable buying momentum. Will BTC decouple from equities to reach $100K?