Michael Saylor Says Bitcoin Remedy To Fix Unhealthy Balance Sheets As MicroStrategy Unveils Massive $42B BTC Purchase Plan

In a bold but unsurprising move, MicroStrategy Inc. (NASDAQ:MSTR) CEO Michael Saylor said the company would advocate for Bitcoin (CRYPTO: BTC) as a treasury reserve asset across global finance. What Happened: During the company’s third-quarter earnings call Tuesday, Saylor voiced his conviction in Bitcoin’s potential to rectify the unhealthy balance sheets of both public and...
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Coinbase On Following MicroStrategy’s Bitcoin Playbook: Looking For ‘Opportunities,’ Says CFO, But Highlights Key Difference Between The Two Companies

Coinbase Global Inc. (NASDAQ:COIN) said it wants to expand its cryptocurrency investment portfolio and emphasized that assets held on its books, including Bitcoin (CRYPTO: BTC), are intended to be retained for the long term What Happened: During the company’s third-quarter 2024 earnings call, the management was asked whether they...
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Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

Coinbase chief executive Brian Armstrong publicly went on to criticize the US Securities and Exchange Commission, declaring its stance on cryptocurrency “confusing and inconsistent”. He pointed out the issue of regulatory uncertainty as something looming over the sector’s head, which is hurting innovation and investor trust. Armstrong’s criticism mirrors...
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Shytoshi Kusama Schools X User Who Said SHIB Will Remain ‘Chump Change Meme’ Unless It Can Rise Above A Penny: ‘Those Who Are Wise Give Us Respect’

Shytoshi Kusama, the leader of the Shiba Inu (CRYPTO: SHIB) ecosystem, expressed frustration over the coin not getting due respect despite impressive gains over the years. What Happened: Kusama was responding to an X post by Nick Tomaino, founder of cryptocurrency-focused fund 1confirmation, who didn’t include Shiba Inu on...
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