Bitcoin24h $115,978.72-0.30%

Ethereum24h $4,669.80-0.85%

XRP24h $3.11+0.13%

Solana24h $243.04-0.17%

BNB24h $932.94+0.67%

Dogecoin24h $0.2859+3.25%

TRON24h $0.3498-0.74%

Cardano24h $0.9228-0.23%

Hyperliquid24h $55.00-0.46%

Chainlink24h $24.78-1.26%

Michael Saylor has lost voting control of MicroStrategy

Michael Saylor’s Class B MicroStrategy stock outvoted Class A 10:1, but so much Class A now exists that he has lost voting control.

Coinbase to delist WBTC months after Justin Sun controversy

Coinbase has announced that it intends to delist Wrapped Bitcoin (WBTC) from December 19 because it no longer meets the listing requirements.

Whether bitcoin will destroy all models or only some is up for debate. But for most publicized models, it seems intent on a destructive path.

In 2023, MicroStrategy’s average bitcoin purchase price was near $30,000. Today, that average has jumped to near $50,000.

MicroStrategy executives boasted about the ability to yield higher bitcoin exposure per MSTR share over time. We read the fine print.