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Bitcoin Enters Deflationary Phase Amidst Institutional Accumulation Bitcoin has entered a deflationary phase, propelled by aggressive institutional accumulation that now outpaces the rate of new coin issuance. Leading this trend is Strategy, formerly known as MicroStrategy, which has amassed 555,450 BTC—valued at over $58 billion—rendering these holdings effectively illiquid. According to CryptoQuant CEO Ki Young Ju, this level of accumulation contributes to an estimated annual deflation rate of -2.23% for Bi... cryptocurrency news today

Michael Saylor’s Strategy Buys $285M in Bitcoin Amid Turmoil Michael Saylor’s digital asset firm, Strategy, has reinforced its bullish stance on Bitcoin with a $285.5 million acquisition, despite mounting geopolitical and macroeconomic uncertainty. The company purchased 3,459 BTC at an average price of $82,618 per coin, increasing its total holdings to 531,644 BTC—valued at approximately $44.9 billion based on recent prices. This latest investment raises Strategy’s cumulative Bitcoin acquisitions to $3... Michael Saylor’s Strategy Buys $285M in Bitcoin Amid Turmoil Coinatory

MSTR Stock Declines 5% as Premium Drops to 1.6 Amid Bitcoin Slump After Bitcoin fell below $90,000, Strategy Inc. (previously MicroStrategy) saw its shares (MSTR) plunge more than 5% as its premium to Bitcoin holdings fell to 1.6. Yahoo Finance reports that MSTR's stock dropped 5.65% during pre-market trading, ending the day on February 25 at $282.76. Bitcoin's steep loss, which saw the cryptocurrency fall as low as $87,630 during the day, was quickly followed by the dip. MSTR's Premium Drops as Bitcoin ... cryptonews today

Michael Saylor Hints at Another Bitcoin Purchase After posting a mysterious tweet, Michael Saylor, the executive chairman and former CEO of MicroStrategy, has raised rumors about yet another Bitcoin acquisition. A screenshot of the "next green dot" on the Saylortracker chart, which monitors the business's Bitcoin purchases, was included in the message. A fresh addition to MicroStrategy's Bitcoin holdings, which currently stand at 447,470 BTC, or around $42.24 billion, is represented by each gr... Coinatory cryptocurrencies news

Michael Saylor Proposes $81 Trillion Bitcoin Asset for U.S. Treasury MicroStrategy creator Michael Saylor presented a novel idea for the U.S. Treasury to create a strategic Bitcoin reserve. Saylor claims that such a reserve might produce wealth of between $16 trillion and $81 trillion, offering a potential remedy for the national debt of the United States. According to the proposal, digital capital markets are expected to develop significantly, from $2 trillion to $280 trillion, with American investors ideally po... Coinatory

MicroStrategy Plans $42B Bitcoin Buy Amid Strategic Stock Sales MicroStrategy, led by Bitcoin evangelist Michael Saylor, announced a bold plan to further its Bitcoin acquisition strategy by raising funds through stock sales and other capital sources. CEO Phong Le shared the company’s intention to buy an estimated $42 billion worth of Bitcoin by 2027 during an Oct. 30 earnings call. The ambitious plan, dubbed “21/21,” outlines $21 billion to be raised through debt issuance and another $21 billion from equity ... Coinatory cryptocurrency news

Vitalik Buterin Slams Michael Saylor's Stance on Bitcoin Custody as ‘Insane’ Ethereum co-founder Vitalik Buterin has sharply criticized MicroStrategy chairman Michael Saylor over recent comments suggesting that crypto users should rely on large financial institutions to hold custody of Bitcoin. Buterin took to X (formerly Twitter), calling Saylor “batshit insane” after Saylor’s interview with financial markets reporter Madison Reidy on October 21, 2024. In the interview, Saylor advocated for regulatory capture, implyi... Vitalik Buterin Slams Michael Saylor's Stance on Bitcoin Custody as ‘Insane’

Craig Wright Accuses Michael Saylor of Betraying Bitcoin's Core Principles Craig Wright, the self-proclaimed creator of Bitcoin, launched a scathing attack on Michael Saylor, co-founder of MicroStrategy, accusing him of betraying Bitcoin's foundational principles. Wright’s critique followed Saylor’s announcement of plans to transform MicroStrategy into a merchant bank for Bitcoin, a move Wright believes distorts the cryptocurrency’s true purpose. In an Oct. 12 post on X, Wright expressed his dissatisfaction, arguing... cryptocurrency news Coinatory

Michael Saylor Discloses $1 Billion Personal Bitcoin Holdings Michael Saylor, the executive chairman of MicroStrategy, has unveiled his personal Bitcoin holdings, totaling $1 billion. Saylor, a notable Bitcoin advocate, has consistently championed Bitcoin's potential, forecasting significant value appreciation and recommending it as a robust option for long-term capital management. Under Saylor's guidance, MicroStrategy has also accumulated a significant Bitcoin reserve, holding approximately 226,500 BT... Coinatory cryptocurrency news