Michael Saylor
Robinhood Cuts 23% of Staff, but Crypto Transaction Revenue Rose to $53M
Bitcoin IRA co-founder and COO Chris Kline discusses the key takeaways from Robinhood's latest earnings report as it lays off nearly a quarter of its workforce while its crypto transaction revenue rose 7% to $58 million in Q2. Plus, outlook for MicroStrategy as bitcoin maximalist and CEO Michael Saylor steps down from his position.
Nomad’s US$200 Mln Hack; Saylor Steps Down
Over 300 perpetrators suspected in Nomad cross-chain bridge hack. BItcoin and Ethereum fall after stock market jitters over Pelosi visit. MicroStrategy CEO Michael Saylor moves to chairman role to focus on Bitcoin. Crypto tax service launches in India.
Bitcoin Maximalist Michael Saylor Steps Down as Microstrategy CEO, Remains Chairman
Michael Saylor, one of the most prominent bitcoin backers in corporate America, handed the chief executive officer role at MicroStrategy (MSTR) to a deputy and became executive chairman, putting his focus exclusively on managing the firm's bitcoin investment. This comes after MicroStrategy took a $918 million loss from its bitcoin holdings. IDX Digital Assets CIO Ben McMillan discusses the outlook for MicroStrategy and Saylor's bitcoin advocacy.
Michael Saylor Slams Altcoins, Urges Regulation Over Crypto’s ‘Parade of Horribles’
Microstrategy CEO and bitcoin (BTC) whale Michael Saylor is calling on regulators to tackle altcoins, or a “parade of horribles,” saying BTC is getting caught in the crossfire of a collapsing market and risky crypto industry practices. “The Hash” team reacts.
Tron Bolsters Reserve Again; Fed Decision Market Wobbles
$500 million in USDC added to Tron DAO USDD reserve. Coinbase cuts nearly a fifth of its workforce. Michael Saylor, Microstrategy stick to their guns on Bitcoin. Crypto market braces for U.S. Federal Reserve rate decision. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
MicroStrategy Defended at BTIG; Saylor Not Expecting Imminent Margin Call
With bitcoin (BTC) prices falling, some question whether MicroStrategy (MSTR) may have to part with or pledge as collateral more of its 129,218 coin stack. "The Hash" discusses the outlook for MicroStrategy as CEO Michael Saylor told the Wall Street Journal, "we don’t expect to receive a margin call."
Michael Saylor Suggests MicroStrategy Will Never Sell its Bitcoin
Even as bitcoin's price has fallen 50% from its highs, MicroStrategy CEO Michael Saylor tweeted that there's almost no price low enough at which his business analytics software company would be forced to sell bitcoin. "The Hash" squad discusses Saylor's investment strategy, outlook and the concerns raised about possible margin calls.
MicroStrategy CEO Michael Saylor: 'BTC Will Be a $100T Market Cap Asset'
MicroStrategy is the largest corporate owner of bitcoin, now holding 121,044 BTC worth about $3.6 billion at an average purchase price of roughly $29,534 each. CEO Michael Saylor shares insights into his vision and buying strategy for bitcoin, discussing the potential impact of inflation and regulation. "I think eventually, bitcoin as an asset class becomes a $100 trillion asset class," Saylor said. "It replaces gold ... bond portfolios ... why can't it grow by a factor of 100?"
