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Join the Securities Litigation and Enforcement Group on LinkedInMicroStrategy Explored Options From Art to Real Estate Before Bitcoin Buys, New CEO Says
New MicroStrategy CEO Phong Le backed up Michael Saylor’s decision to hold bitcoin on the company’s balance sheet. Speaking Tuesday at a conference sponsored by investment bank Canaccord Genuity, Le said that prior to first purchasing bitcoin (BTC) in August 2020, MicroStrategy considering purchasing Treasurys, corporate bonds, gold, commodities, real estate and even artwork. Digital […]
Michael Saylor Bet Billions on Bitcoin and Lost – WSJ
If you ask Michael Saylor why he bet the future of his company on bitcoin, he’ll tell you he didn’t have a choice. In 2020, MicroStrategy Inc.’s stock was stagnant, and the tech company struggled to compete with software giants. “We were either going to die a fast death, or a slow death, or embark […]