Michael Saylor: Bitcoin is a Lifeboat Tossed on a Stormy Sea, Offering Hope to Anyone Who Needs to Get off a Sinking Ship – Ethereum World News

Summary:

MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their sinking ship.
Mr. Saylor also pointed out that Bitcoin will outlast all of us.

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MicroStrategy CEO: No One Has Ever Lost Money Investing in Bitcoin for Four Years – Ethereum World News

Key takeaways:

Michael Saylor has pointed out that anyone who has held onto Bitcoin for four years has never lost money.
Mr. Saylor also explained that MicroStrategy had backtested its Bitcoin strategy against alternatives such as gold and the Nasdaq, and it performed 10x better.

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MicroStrategy Could be Forced to Add More Bitcoin Collateral for its Loan if BTC Drops Below $21k – Ethereum World News

Summary:

Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205 million loan if Bitcoin drops below $21k.

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Michael Saylor welcomes FASB vote to review crypto accounting standards

Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rules for digital assets and commodities.

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MicroStrategy purchases $82M in Bitcoin, now holds 122,478 coins

Business intelligence firm MicroStrategy has added 1,434 Bitcoin to its coffers after purchasing the crypto asset at an average price of $57,477.
According to a Thursday filing with the Securities and Exchange Commission, MicroStrategy purchased 1,434 Bitcoin (BTC) between Nov. 29 and Dec.

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Peter Thiel: Cryptocurrency Prices Prove Inflation Worries – BeInCrypto

Entrepreneur and venture capitalist Peter Thiel said that the price of bitcoin and other major cryptocurrencies shows that inflation concerns are real. The billionaire investor says that inflation is in a crisis moment and criticized the U.S. Federal Reserve.

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