$117,271.00
0.89%$4,591.56
1.01%$3.08
0.81%$986.56
1.91%$247.41
1.68%$0.999797
0.01%$0.27965
0.38%$4,586.06
0.95%$0.925183
2.54%$0.350461
2.54%$5,568.12
0.95%$24.56
2.60%$57.99
1.58%$4,950.50
0.90%$117,431.00
1.00%$34.83
14.75%$3.91
4.81%$1.001
-0.12%$0.398421
1.06%$1.013
-0.65%$634.23
4.13%$4,931.37
0.87%$4,590.86
1.05%$0.247225
1.58%$118.11
1.24%$9.52
0.14%$0.237565
0.21%$3.17
1.48%$0.999705
0.02%$0.00001343
0.14%$117,294.00
0.89%$4.55
4.18%$0.999949
-0.10%$44.04
0.51%$1.20
0.12%$0.220039
-1.18%$1.79
7.58%$9.62
1.15%$300.57
0.53%$0.699759
-2.23%$5.23
4.56%$0.00001143
1.07%$310.18
1.91%$2.56
-11.58%$195.63
0.67%$3.18
13.26%$304.46
1.71%$366.91
2.93%$1.08
2.44%$4.72
3.93%$1.61
0.10%$10.39
1.43%$21.05
2.07%$265.70
1.72%$0.360656
0.02%$0.999937
-0.10%$14.64
-5.55%$4,590.98
0.81%$0.524599
1.11%$0.007782
-6.44%$0.261738
0.70%$1.00
-0.03%$4.93
1.99%$0.03818293
7.41%$0.088699
1.22%$58.11
1.75%$5.93
0.88%$0.02596264
3.55%$1.068
-0.01%$4.69
1.84%$0.247869
1.49%$1.00
0.00%$4.11
3.01%$0.340665
4.61%$5,230.30
0.81%$17.24
1.44%$4,834.72
0.88%$15.79
-0.62%$0.03985121
4.44%$0.00002532
-0.58%$4.48
0.00%$1.001
0.11%$0.99956
-0.08%$0.077403
0.11%$2.58
0.27%$0.0237839
0.08%$1.061
32.58%$0.673077
1.55%$0.560235
3.16%$4,834.92
0.69%$8.67
-0.05%$1.00
-0.00%$4,955.28
0.97%$0.840301
12.12%$117,360.00
0.95%$0.836114
2.55%$4,859.67
0.91%$101.28
-0.41%$14.75
2.29%$1.82
2.28%$1.00
0.00%$0.078584
1.58%$281.30
1.65%$3,648.40
-0.58%$1.43
0.15%$986.12
1.73%$0.999971
0.03%$1.30
0.90%$0.691299
3.03%$4,918.33
1.02%$1.34
4.06%$1.31
-2.34%$0.309352
0.80%$116,685.00
0.56%$0.997817
-0.05%$0.819758
5.81%$1.13
0.05%$327.48
1.73%$0.408785
0.45%$3,648.48
-0.51%$0.999747
0.04%$0.098743
1.99%$4,588.98
1.07%$0.173783
3.32%$0.00010166
0.29%$117,720.00
1.27%$0.186186
1.52%$0.950639
-0.85%$2.74
4.36%$0.936477
5.14%$0.159821
0.64%$119,557.00
1.30%$5.31
2.26%$3.33
-1.48%$4,456.04
0.70%$1.36
-0.09%$0.863919
2.85%$0.0184069
2.79%$0.794762
1.01%$1.63
-0.37%$4,593.27
1.02%$50.49
-0.99%$24.44
1.14%$0.195651
1.01%$0.064089
0.96%$0.484978
0.92%$0.313853
1.48%$2.31
13.07%$1.99
0.31%$1.93
-0.62%$0.999986
0.03%$112.62
0.01%$0.01490055
1.83%$0.279429
0.37%$117,163.00
1.02%$4,909.11
1.01%$1.095
0.95%$0.997264
-0.68%$0.420167
2.77%$4,589.44
0.87%$0.345628
-1.15%$0.00846127
0.23%$0.999879
0.01%$1.91
2.98%$0.00000065
1.17%$0.444273
1.70%$4,917.02
0.91%$5,047.98
0.98%$0.085004
0.46%$42.50
14.68%$4,962.00
0.91%$4,917.08
0.57%$4,579.68
1.24%$0.12366
23.06%$0.01881352
2.57%$0.138223
0.53%$0.998332
0.02%$0.056684
6.56%$117,359.00
0.93%$0.16539
0.90%$0.68917
4.00%$26.65
2.24%$273.91
1.92%$1.00
-0.02%$4,591.96
1.07%$4,566.28
0.85%$0.445608
-0.43%$0.492736
-8.72%$0.996389
-0.20%$0.998597
-0.45%$2.62
0.79%$0.60738
1.39%$1.01
-27.79%$6.79
0.27%$1.36
3.03%$7.26
0.51%$0.468656
1.84%$0.02467919
20.90%$34.85
14.84%$0.00787901
2.23%$0.999798
0.01%$8.05
12.95%$0.999899
0.01%$0.00000044
0.48%$0.00472631
-3.90%$0.04375066
2.50%$1.10
0.03%$0.01241192
7.75%$46.02
0.73%$2.59
3.08%$0.058729
-2.25%$282.54
1.85%$0.432072
15.12%$4,824.62
0.73%$0.350911
2.80%$5.41
0.19%$14.48
1.15%$1.10
0.02%$5,579.93
0.89%$0.02638403
2.47%$0.00796348
0.63%$0.00002042
0.62%$0.99474
-0.58%$1.17
-0.03%$10.83
0.01%$115,415.00
-0.49%$149.74
0.39%$4.88
-1.28%$0.930437
18.43%$117,273.00
0.90%$0.00000098
-4.20%$0.609821
2.01%$0.270895
2.17%$22.91
-0.08%$0.345788
1.74%$4,578.33
0.73%$0.134216
2.88%$0.00425327
1.09%$0.00086887
-6.45%$57.99
1.76%$1.23
-0.23%$5,179.27
0.87%$0.51275
3.09%$0.999512
0.01%$0.141022
1.51%$0.339954
3.25%$0.82849
-2.12%$0.181653
9.07%Reading
MicroStrategy CEO Michael Saylor this week said that his company would hold its Bitcoin for 100 years.
In an interview with financial news outlet Real Vision, the multimillionaire boss of the business intelligence firm also said that when investing in Bitcoin, one is always worried that they are not investing enough.
Saylor, whose company this summer invested $425 million in Bitcoin, added that if you “really get” Bitcoin, investing 1% of a portfolio is not sufficient—telling viewers that he goes on buying frenzies when snapping up the cryptocurrency.
“Once you understand Bitcoin, you have anxiety about being short,” he told former hedge fund manager and Real Vision CEO, Raoul Pal. “When I’m in the market, I’m buying Bitcoin four days in a row, every minute.”
“If it’s not 100 times better than gold, it’s a million times better than gold and there’s nothing close to it."
Michael Saylor, CEO of business intelligence firm MicroStrategy, described payment company Square’s $50 million Bitcoin investment as “an extraordinary piece of news,” on the WhatBitcoinDid podcast today. Between August 11 and September 14, Microstrategy invested $425 million into Bitcoin. Then, approximately three weeks later on October 8, 2020, Square followed suit with a smaller investment. Now, MicroStrategy’s CEO has weighed in on the latest Bitcoin bet. Square didn’t make this investment...
Saylor’s company stands to benefit from drumming up FOMO: his huge Bitcoin holdings may increase in value if people get excited about the cryptocurrency. Saylor raves about Bitcoin almost every day on Twitter. In fact, try and find a string of three or more of Saylor’s tweets this month that aren’t about Bitcoin.
Imagine a world where everyone used something fair & equitable to settle their economic differences. #Bitcoin
— Michael Saylor (@michael_saylor) October 24, 2020
The CEO previously said that Bitcoin can provide a lifeboat to countries with collapsing currencies.
He added in his interview with Pal that his company made its recent Bitcoin investment because of this year’s COVID-19 financial crash.
Saylor and the company’s bigwigs concluded that Bitcoin was the best long-term bet, calling the asset “a cybernetic beehive protected by an encrypted energy wall.”
As Bitcoin’s price rises above $13,000, his huge purchase appears justified. However, should Bitcoin’s price crash, Saylor will look like a chump.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Nvidia announced Thursday it would invest $5 billion in Intel and collaborate on custom chips for data centers and personal computers, sending Intel's battered stock soaring 23% in early trading. The investment, which would buy Nvidia roughly 215 million Intel shares at $23.28 each, comes just weeks after the Trump administration took a 10% stake in the struggling chipmaker. As per the agreement, Intel will develop custom x86 CPUs optimized for Nvidia's AI platforms, potentially solving longsta...
Spot Bitcoin ETFs ended a seven-day streak of inflows with $51.3 million in net outflows on Wednesday, a pullback that followed nearly $3 billion of inflows the previous week. The reversal came after a week of steady allocations, including more than $1 billion into BlackRock’s iShares Bitcoin Trust, $850 million into Fidelity’s Wise Origin fund, and smaller gains across Ark 21Shares and Bitwise offerings, according to Bitcoin ETF flow data from Farside Investors. Grayscale’s Bitcoin Trust, by co...
Ethereum co-founder Vitalik Buterin has defended the network’s long exit times for unstaking ETH, arguing that the delays are a deliberate safeguard to preserve trust in the chain. The remarks come as exit times stretch beyond 43 days for validators leaving staking, prompting criticism from industry figures who say the process undermines usability. “It's more like a soldier deciding to quit the army. Staking is about taking on a solemn duty to defend the chain,” Buterin tweeted. He explained tha...
