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Summary: CZ believes Michael Saylor will get the last laugh in time over MicroStrategy’s consistent Bitcoin purchases. CZ was responding to news of MicroStrategy buying an additional 480 Bitcoins for $10 million. MicroStrategy now holds 129,699 Bitcoin at an average entry price of $30,664. However, Peter Schiff believes that Mr. Saylor bought a small
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Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter, Coinbase finds itself slashing a fifth of its workforce, losing
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Former hedge fund manager Michael Burry made another bearish prediction for Bitcoin and traditional equities. Renowned for his short position which preceded the U.S. housing market crash, and one of the periods in recent economic history for the world, Burry believes more pain for BTC’s price is ahead. Related Reading | Shiba
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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. He added that Bitcoin is the only asset that allows you to accumulate
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MicroStrategy CEO and bitcoin evangelist Michael Saylor isn't shying away from his bullish stance. Original Source
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Key takeaways: Michael Saylor has explained that MicroStrategy’s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy’s balance sheet is structured so that the company can continue to hold BTC through adversity. Mr. Saylor’s comments come in the wake of Bitcoin slipping below the magic $21k price level that has
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Stocks like MicroStrategy (MSTR), Coinbase (COIN) and the cryptocurrency miners are all reeling in premarket action on Monday, with macro headwinds continuing to rattle global equity markets, and the Celsius network suspending withdrawals adding to the pain in crypto. Source
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Summary: MicroStrategy’s CEO has pointed out that Bitcoin’s short-term volatility is irrelevant once you understand its fundamentals. According to Mr. Saylor, Bitcoin is the most certain thing in a very uncertain world. MicroStrategy CEO and Bitcoin perma-bull Michael Saylor has said that Bitcoin’s near-term volatility should not be a concern. According to Mr. Saylor,
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael Burry’s Recession Warning Famous investor and founder of investment
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