MicroStrategy boss Michael Saylor's Bitcoin-buying plans paid off big during this year's boom
Now he's made some $400m cashing in company shares.
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Now he's made some $400m cashing in company shares.
(Bloomberg) -- Michael Saylor’s decision back in 2020 to start buying Bitcoin has paid off in spades this year for the co-founder and executive chairman of MicroStrategy Inc. Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesSay
Metaplanet's stock rose 90% after adding $6.56 million in bitcoin to its balance sheet in partnership with Sora Ventures and other crypto investor...
Then Blue Ridge Bank of Charlottesville, Virginia, said that it would become the first commercial bank to provide access to Bitcoin at its branches. The regional bank said Wednesday that cardholders can purchase and redeem Bitcoin at 19 of its ATMs. BNY Mellon, the oldest bank in the U.S., followed a day later, saying it would include digital currencies in the services it provides to clients. Mastercard said it would start supporting “select crypto currencies” on its network. While most expect a slow evolution toward widespread usage of bitcoins as currency, Richard Lyons, a finance profe...
SILVER SPRING, Md. (AP) — Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car. Electric