A growing trend of companies adding Bitcoin to their treasuries is raising concerns about potential vulnerabilities during market downturns. Will these new Bitcoin banks hold up?
Tag: MicroStrategy
Michael Saylor: How COVID Policies and Money Printing Led to MicroStrategy’s Bitcoin Bet
Michael Saylor reveals that the economic policies enacted during the COVID-19 pandemic, particularly the expansion of the money supply, were the primary catalyst for MicroStrategy’s initial Bitcoin investment.
Corporate Bitcoin Treasuries Face Price Pressure Test
A growing trend of companies adding Bitcoin to their treasuries is raising concerns about potential market instability if Bitcoin’s price drops significantly.
Michael Saylor Predicts Bitcoin to $1 Million: Is the Crypto Winter Over?
Michael Saylor of MicroStrategy dismisses crypto winter fears, projecting Bitcoin’s price to reach $1 million due to increasing adoption and limited supply.
Meta Rejects Bitcoin for Treasury: A Sign of Big Tech Skepticism?
Meta shareholders overwhelmingly rejected a proposal to explore Bitcoin as a treasury reserve asset. This highlights the ongoing hesitation of Big Tech towards integrating Bitcoin into their financial strategies.