Latest news with #MichaelSaylor
Yahoo
2 hours ago
- Business
- Yahoo
Michael Saylor Says Bitcoin Is 'Engineered To Outperfom' And 'Going To Go Faster Than Gold:' Peter Schiff Says 'He Still Refuses To Debate...'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Strategy co-founder Michael Saylor took a dig at economist Peter Schiff on Thursday while highlighting Bitcoin's (CRYPTO: BTC) superiority over all assets, including gold. What Happened: Speaking at the Bitcoin 2025 conference, Saylor said that Bitcoin is 'engineered to outperform' all capital assets in the world. 'It's going to grow faster than the S&P, it's going to appreciate faster than gold. Sorry, Peter!' Saylor poked fun at Schiff, a long-time gold advocate. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Schiff was quick to react, taking satisfaction in the fact that Saylor recognized him as the 'world's leading' gold advocate. 'It's just too bad he still refuses to debate gold versus Bitcoin with me,' Schiff said. Why It Matters: The friendly banter comes after Eric Trump, executive vice president of The Trump Organization, praised Saylor's Bitcoin optimism and said that the cryptocurrency space is 'fortunate' to have him. Saylor, one of the most ardent supporters of Bitcoin, has put his money where his mouth is. His company Strategy is at the forefront of Bitcoin's corporate adoption, owning a BTC stockpile worth more than $61 billion as of this writing, according to Schiff, on the other hand, maintains that gold's proven track record makes it a more reliable investment. Interestingly, Schiff participated in the Bitcoin conference to represent an opposing view about the asset. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Photo courtesy: Shutterstock Send To MSN: Send to MSN This article Michael Saylor Says Bitcoin Is 'Engineered To Outperfom' And 'Going To Go Faster Than Gold:' Peter Schiff Says 'He Still Refuses To Debate...' originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
7 hours ago
- Business
- Business Upturn
PAIRMiner Launches $150 Cloud Mining Incentive as Institutional Bitcoin Holdings Reach Historic Levels
Amid a surge in institutional Bitcoin investments, PAIRMiner introduces a free cloud mining offer to make crypto access easier for everyday users . Image by PAIRMiner LOS ANGELES, May 31, 2025 (GLOBE NEWSWIRE) — Cloud mining platform PAIRMiner today announced the launch of a $150 cloud computing power incentive for new users , a move aimed at expanding access to cryptocurrency mining as Bitcoin adoption accelerates globally. The announcement comes as major institutional investors continue to increase their exposure to Bitcoin. Recent reports indicate that large-scale accumulations—such as the one attributed to MicroStrategy founder Michael Saylor's firm—have pushed institutional Bitcoin holdings to record highs, signaling strong confidence in the long-term value of the cryptocurrency. In this context, PAIRMiner's new user incentive seeks to lower the barriers to entry for everyday individuals looking to participate in crypto mining without the need for technical equipment or expertise. 'We believe the future of cryptocurrency should be inclusive,' said a spokesperson for PAIRMiner. 'By providing an accessible, hardware-free mining solution, we're helping more people benefit from the evolving digital asset economy.' New users who register on will receive $150 in free cloud computing power, allowing them to begin mining immediately. Users can earn cryptocurrency through daily automatic settlements and have the option to reinvest or withdraw once their cumulative profits reach $150. PAIRMiner is registered under FCA oversight and supports multiple leading cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform also features a referral program that rewards users for expanding the network, aligning with its community-focused growth model. Choose a suitable mining contract and start to get a stable daily income. With Bitcoin prices hitting new highs and global institutions expanding their crypto portfolios, PAIRMiner aims to bridge the gap between professional mining and everyday participation. About PAIRMiner Founded in 2009, PAIRMiner is a cloud-based cryptocurrency mining platform committed to making digital asset earning more accessible. The company leverages advanced infrastructure and user-friendly tools to provide secure, low-barrier mining services globally. PAIRMiner operates under financial regulatory supervision and supports multiple mainstream cryptocurrencies. Media Contact:HeindrovaPAIRMiner [email protected]
CNBC
17 hours ago
- Business
- CNBC
Watch CNBC's full interview with Strategy's Michael Saylor from Bitcoin 2025
Michael Saylor, executive chairman of Strategy, joins CNBC's MacKenzie Sigalos at Bitcoin 2025 to discuss the rise of corporate bitcoin purchases, digital asset regulation and more.
Yahoo
18 hours ago
- Business
- Yahoo
Saylor has a shocking backup plan if Strategy stock crashes below $1
Saylor has a shocking backup plan if Strategy stock crashes below $1 originally appeared on TheStreet. At the Bitcoin conference in Las Vegas, Strategy's Executive Chairman, Michael Saylor, addressed concerns surrounding the company's market performance, specifically where there was speculation on what would happen if its multiple to net asset value (mNAV) dropped below 1 (which occurred in a prior bear cycle). Saylor drew a stark contrast between Strategy and the Grayscale Bitcoin Trust (GBTC), stating that while GBTC was a closed-end trust without any capital structure flexibility, Strategy operated as a fluid business. "For any company to fall below one mNAV, shareholders have lost faith in the management," he said, as per Coindesk reports. He explained that if the stock price of Strategy fell low enough, the company could sell some of its financial products, such as STRK and STRF, to raise money, and then use that money to buy its stock. This would improve the stock price and communicate to investors that the company is strong and in control. "To create value, you need option value. The more options, the greater the value," Saylor explained. Saylor emphasized Strategy's access to three capital markets from ATM, which he termed the foundation of the company. 'What makes our company a monster,' he concluded, 'is having multi-channel liquidity and operational flexibility.' Saylor's conclusion about Strategy's flexibility to navigate future volatility. Yesterday, on May 29, MicroStrategy shares remained stable, indicating that MicroStrategy's shareholders are confident in Bitcoin's long-term potential as a cryptocurrency, given that MicroStrategy's investment strategy centers on holding Bitcoin. Bitcoin fell approximately 1.65% over 24 hours to approximately $106,009, while MicroStrategy shares incrementally gained approximately 0.64% to $366.57. Bitcoin is currently trading at $105,262.05, down about 1.60% as Kraken's price indicates, and MicroStrategy's stock is currently also down about 1.69%, nearly the same amount that Bitcoin declined in the last 24 hours. Saylor has a shocking backup plan if Strategy stock crashes below $1 first appeared on TheStreet on May 30, 2025 This story was originally reported by TheStreet on May 30, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 hours ago
- Business
- Yahoo
Why Trump Media Stock Crashed This Week
The company announced it is raising $2.5 billion to purchase Bitcoin. Institutional investors will receive $1.5 billion in common stock as well as $1 billion in convertible notes. 10 stocks we like better than Trump Media & Technology Group › Shares of Trump Media & Technology Group (NASDAQ: DJT) are falling this week. The company's stock had plummeted 16.7% at 2:16 p.m. ET. The fall comes as the S&P 500 index has risen 1.4% and the Nasdaq-100 index has risen 1.1%. Trump Media announced on Tuesday that it is pursuing a new strategy of Bitcoin accumulation. The company is raising $2.5 billion in a private deal to create what will be the largest Bitcoin reserve held by a private company. Following in the footsteps of Michael Saylor's Strategy, Trump Media is betting a massive reserve of Bitcoin will drive future value. The company announced it is raising $2.5 billion through a private placement in exchange for $1.5 billion in common stock and $1 billion in convertible notes. The proceeds will go to purchasing Bitcoin, which the company will then hold as a core Treasury asset. Custodial services will be provided by Anchorage Digital and The announcement was made as the Bitcoin 2025 Conference kicked off in Las Vegas. CEO Devin Nunes pitched the move not just as a way to drive value, but as a political one, saying that holding Bitcoin is a hedge against "financial discrimination" and calling it "the apex instrument of financial freedom." Trump Media has a market cap of nearly $5 billion, despite sales last quarter of just $820,200. It is operating deep in the red with no clear path to profitability or sales growth. This stock is built almost entirely on hype, in my opinion, and investors would do well to stay away. Trump Media wasn't a good investment before today's announcement, and it is not one now, as the deal will likely dilute existing shareholders' portfolios. Before you buy stock in Trump Media & Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Trump Media & Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Trump Media Stock Crashed This Week was originally published by The Motley Fool
