Michael Saylor shares how COVID-19 chaos drove him to Bitcoin
Michael Saylor says pandemic-era lockdowns and unabated money printing pushed him to convert his company’s massive cash reserves into Bitcoin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Michael Saylor says pandemic-era lockdowns and unabated money printing pushed him to convert his company’s massive cash reserves into Bitcoin.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
BlackRock’s iShares ETF boosts stake in Strategy by $20M
BlackRock's increased stake in Strategy highlights growing institutional interest in Bitcoin exposure through equity investments....
Bitcoin ETFs Extend Winning Streak With Nearly $3B in Inflows
Bitcoin Magazine Bitcoin ETFs Extend Winning Streak With Nearly $3B in Inflows Bitcoin exchange-traded funds are on a winning stre...
Strategy’s daily dividend proposal puts Bitcoin funding back in investors’ hands
The @saylor account said Friday that Strategy wants to pay dividends daily on four of the preferred shares it uses in its Bitcoin...
Bitcoin Treasury Strategy Proposes Daily Dividends For Preferred Stocks
Bitcoin Magazine Bitcoin Treasury Strategy Proposes Daily Dividends For Preferred Stocks Bitcoin treasury company Strategy wants t...
Strategy Seeks Shareholder Vote to Pay Daily Dividends on STRC and Three Other Preferreds
Strategy is asking its shareholders to approve daily dividends on its four U.S.-listed preferred stocks, STRF, STRC, STRK and STRD...
Grayscale’s Zcash ETF Hits $1 Billion but Most of It Isn’t New Money
Grayscale says its Zcash exchange-traded fund (ETF) has passed $1 billion in assets one month after listing, but its flow data sho...