Bitcoin24h $105,540.82+3.25%

Ethereum24h $3,321.78+2.88%

XRP24h $3.16+3.13%

Solana24h $253.54+7.86%

BNB24h $699.67+3.00%

Dogecoin24h $0.3696+8.67%

Cardano24h $0.9978+1.40%

TRON24h $0.2501+5.42%

Chainlink24h $26.12+9.10%

Avalanche24h $37.05+6.43%

Michael Saylor buys 55,500 more BTC, average price nears $57,000

In the 1980s, a single family manipulated the price of silver. Critics think that situation is similar to MicroStrategy and bitcoin.

MicroStrategy down 16% after short-seller’s report

Andrew Left tweeted negatively about MicroStrategy 13 minutes into Thursday’s trading session. Within 90 minutes, the stock had declined 16%.

Bitcoin and MicroStrategy are both rallying with win-win math for bondholders and shareholders. Of course, the party can’t last forever.

MicroStrategy started 2023 with a market capitalization of just $1.8 billion. Today, this figure sits at $111 billion.

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.