DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Michael Saylor - 1 Saylor - 1 Satya Nadella - 1 Glass Lewis - 1 bitcoin - 1 – - 1 Bitcoin - 1 Michael Saylor's - 1
Top related locs:
Bitcoin U.S Washington Omaha
Top related orgs:
Microsoft - 1 National Center for Public Policy Research - 1 Institutional - 1 Services - 1 bitcoin - 1 Forbes - 1 Financial - 1 Nasdaq - 1

Search resuls for: "Michael Saylor's"


9 mentions found


☆ Michael Saylor's case for Microsoft buying Bitcoin gets rejected by shareholders
  + stars: | 2024-12-10 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Michael Saylor, the billionaire bitcoin investor whose turned his company, MicroStrategy , into a high-risk proxy for the cryptocurrency, has been encouraging Microsoft to use some of its massive cash pile to follow his lead. "You can convert your cash flows and your dividends and your buybacks and your debt into Bitcoin," Saylor said. The proposal failed to garner support from a majority of voting shareholders, after Microsoft recommended they reject it. But Saylor has tied his company, now valued at about $83 billion, directly to the fortunes of bitcoin. WATCH: Michael Saylor on MicroStrategy and bitcoin
Persons: Michael Saylor, Saylor, Satya Nadella, Glass Lewis, bitcoin Organizations: Microsoft, National Center for Public Policy Research, Institutional, Services, bitcoin, Forbes Locations: Bitcoin
☆ Ron Insana: Never mind the runaway rally. It’s time to take some chips off the table
  + stars: | 2024-12-09 | by ( Ron Insana | ) www.cnbc.com   time to read: +5 min
Financial markets – the stock market and bitcoin – have had a spectacular run of late. The S & P 500 is up more than 27% in 2024, while the Nasdaq Composite has soared 31%. .SPX YTD mountain S & P 500 in 2024 Still, the forward price-earnings ratio on the S & P 500 is about 23-times 2025 profits, while the trailing PE ratio is 28. Similarly, U.S. stock market capitalization accounts for roughly 60% of the value of the world's equity market values, depending on whose measure you use. I would also never recommend dumping all your bitcoin, having been wrong about its price since its inception.
Persons: –, Bitcoin, Michael Saylor's, Jim Glassman, Kevin Hassett's, Glassman, Hassett, cratered, cryptocurrencies, it's, Warren Buffett's Berkshire Hathaway, Ron Insana Organizations: Financial, Nasdaq, Equity, Investors, Dow, Oracle, CNBC Locations: U.S, Washington, Omaha
☆ Bitcoin's 72% rally to start 2023 helps push Michael Saylor's MicroStrategy to its first profitable quarter in over 2 years
  + stars: | 2023-05-02 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
Michael Saylor's MicroStrategy posted its first profit in nine quarters to start 2023. The largest holder of bitcoin added 7,500 tokens in the quarter as it rallied over 70%. MicroStrategy added 7,500 bitcoin tokens in the first quarter, bringing its total to 140,000 tokens. But with the token's rally this year, MicroStrategy reported an impairment loss of $18.9 million for the quarter, down from the prior quarter's $197.6 million impairment. And after tapping a tax benefit of $453.4 million, MicroStrategy posted net income of $461 million in the first quarter, reversing from a net loss of $249.7 million in the fourth quarter.
☆ Crypto stocks rally after bitcoin breaks above $30,000 to hit a 10-month high
  + stars: | 2023-04-11 | by ( George Glover | ) www.businessinsider.com   time to read: +3 min
Crypto-related stocks rose Tuesday after bitcoin broke above $30,000 to hit a 10-month high. Bitcoin miners Marathon Digital and Riot Platforms also edged higher in early-morning trading, having logged double-digit gains the previous trading session. Amplify's Transformational Data Sharing ETF, which tracks crypto stocks, has outperformed in 2023. The crypto stocks logged gains Monday even as the Nasdaq Composite — which tracks the tech sector more broadly but tends to move in lockstep with bitcoin — closed 0.03% lower. Read more: Bitcoin's nearing a breakout moment — prices topped $30,000 for the first time since June 2022
☆ The dollar's dominance on the world stage isn't going away. Here's why.
  + stars: | 2023-04-06 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
The move makes sense, given Russia's growing status as a pariah state, but it also highlights a push to unseat the dollar as a dominant force in global trade. But to strategists at the Carson Group, a scenario where the dollar isn't the world's primary reserve currency simply isn't in the cards in the near future. Are you convinced that the dollar won't lose its status as a dominant global reserve currency? Some companies in this batch of oil stocks have upsides of up to 180%, according to strategists at Bank of America. An expert from the World Gold Council pointed out that history says gold performs well in a recession.
☆ This isn’t a 2008-style financial crisis but stocks could still crash 25%, SoFi’s top strategist says
  + stars: | 2023-04-01 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Today I'm eager to share this week's conversation with a top investment strategist who's anticipating trouble ahead for the economy. In the financial crisis, it was down 58% from peak to trough. I do not think that this is a repeat of the financial crisis. Investors should brace for an earnings recession and continued financial uncertainty, chief investment officer Mike Wilson explained. A crisis in the financial sector has rattled investors but markets look poised to avoid a crash.
☆ Michael Saylor's MicroStrategy snaps up another 6,455 bitcoin as token rallies, bringing its total holdings to $3.88 billion
  + stars: | 2023-03-27 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
MicroStrategy bought 6,455 bitcoins for about $150 million in the last five weeks, an SEC filing showed. MicroStrategy also paid off the remaining principal on a $205 million loan from the failed Silvergate Bank. All together, those holdings are worth about $3.88 billion, at the current bitcoin price of about $27,900. The total MicroStrategy paid was $161 million. "MicroStrategy repaid its $205M Silvergate loan at a 22% discount," Saylor tweeted on Monday.
☆ FTX's collapse could be crypto's dot-com crash moment – with the industry struggling to ever regain investors' trust
  + stars: | 2022-11-19 | by ( George Glover | ) www.businessinsider.com   time to read: +4 min
The collapse of FTX could weigh on cryptocurrencies for years, experts told Insider. And the dot-com crash shows that there could be further pain ahead. "In a very crude way, this isn't that different to the dot-com crash," Morningstar Investment Management CIO Dan Kemp told Insider. Just 48% of internet companies even survived the dot-com crash, and it took Amazon a decade to regain its peak share price of $113. Whether cryptocurrencies can bounce back as some tech stocks did 20 years ago remains to be seen.
☆ Michael Saylor's MicroStrategy buys the dip with fresh $6 million bitcoin purchase, adding to its crypto stockpile
  + stars: | 2022-09-20 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
MicroStrategy said it bought roughly $6 million in bitcoin between August 2 and September 19. Michael Saylor's firm bought the 301 bitcoin tokens for an average price of about $19,851. That's good for about 301 bitcoin, bought at about an average price of $19,851 per token using excess company cash. Leading up to September 22, MicroStrategy held about 130,000 bitcoin, bought at an average price of $30,639. Meanwhile, the enterprise software maker had taken a quarterly impairment charge of more than $900 million, connected to the dip in bitcoin's price.
0 next >>
Total: 9