MicroStrategy Bought Bitcoin To Avoid Liquidation, Peter Schiff Reveals
Bitcoin detractor and economist Peter Schiff has taken another swipe at the digital asset and MicroStrategy, a public company that is heavily invested in the digital asset. Schiff has always been vocal about his disdain for bitcoin and has now turned his attention to MicroStrategy and its former CEO, Michael Saylor.
Microstrategy Founder Reiterates BTC Is the Only Stable, Trusted, and Efficient Cryptocurrency
Michael Saylor, the founder of Microstrategy, the largest-known institutional holder of Bitcoin continues to flag the opinion that the leading crypto asset BTC, is the only stable, trusted, and efficient cryptocurrency.
MicroStrategy’s Saylor Urges the SEC to Shut Down Ripple, Says ETH and XRP Are Unregistered Securities
In a recent podcast session, Michael Saylor, the founder and former CEO of Microstrategy, showed support for the United States Securities and Exchange Commission’s (SEC) standpoint regarding Ripple and XRP.
How Much MicroStrategy Is at Risk From the Fall of Bitcoin’s Price?
Given that now the company’s largest asset by far is the amount of Bitcoin it owns, it is estimated that if the cryptocurrency declines to around $13,000, Microstrategy’s intrinsic value will be negative.
