Tuesday, February 23, 2021 1:31:02 PM
Feb. 23, 2021 11:09 AM ETMicroStrategy Incorporated (MSTR)By: Stephen Alpher, SA News Editor32 Comments
Appearing on CNBC this morning, Microstrategy (NASDAQ:MSTR) CEO Michael Saylor is bothered not a bit by the shaky price action of the last couple of days.
He notes that Bitcoin (BTC-USD) became a $1T digital monetary network in just a dozen years, way faster than other $1T-club members like Apple, Amazon, Microsoft, and Google.
"We're going to see a day when 7B-8B people have a bar of digital gold on their phone, and they're using it to store their life savings ... The world needs this thing."
Bitcoin this morning dipped as low as about $45K (from above $58K 48 hours earlier), but has bounced a bit since, now at $49K. Microstrategy is also off the lows, but down 16.3% on the session.
Saylor's appearance on CNBC this morning comes following his company raising another $1B with which to buy bitcoin last week.
Recent MSTR News
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- MicroStrategy is First to Enable Enterprises to Layer AI-Driven Data Insights Directly into Any Web and Mobile Application with Latest Release of MicroStrategy ONE • Business Wire • 06/27/2024 01:03:00 PM
- Bitcoin Drops to $60,000, Mt. Gox to Reimburse Creditors in July, Riot Platforms Board Restructures • IH Market News • 06/24/2024 07:09:18 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 12:12:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 12:06:03 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 11:46:01 AM
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