Latest news with #MichaelSaylor
Yahoo
21 hours ago
- Business
- Yahoo
Vanguard Is Now the Top Investor in MicroStrategy Stock. Should You Buy MSTR Too?
In a surprising turn of events, Vanguard has emerged as the largest institutional shareholder of MicroStrategy (MSTR), holding 20.5 million shares worth approximately $9.26 billion, representing 8.55% ownership of the company. This development marks a shift for the world's second-largest asset manager, which previously dismissed Bitcoin (BTCUSD) as 'an immature asset class.' The investment positions Vanguard as the top holder in MicroStrategy, the world's largest publicly listed corporate Bitcoin holder, with 601,550 Bitcoin valued at $74 billion. More News from Barchart Is Palantir Stock a Buy Above $150? Coinbase Stock Just Hit a New 52-Week High. How Much Higher Can Crypto Week Take COIN? This Bullish Catalyst for Nvidia Stock Is Coming in September Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Vanguard has previously criticized Bitcoin, with executives calling the cryptocurrency 'speculative' and warning that it could create portfolio 'havoc.' While competitors like BlackRock (BLK) and Fidelity launched spot Bitcoin ETFs in January 2024, Vanguard notably abstained from the crypto rush. The firm maintained its stance even as Bitcoin reached an all-time high of $123,000 earlier this month. Additionally, Vanguard CEO Salim Ramji recently reaffirmed that the company doesn't make bets on 'speculative assets,' such as Bitcoin. This quiet accumulation of MicroStrategy shares suggests Vanguard may be gaining indirect Bitcoin exposure while maintaining its public skepticism toward direct cryptocurrency investments, highlighting the complex dynamics between traditional asset managers and digital assets. Is MSTR Stock a Good Buy Right Now? Strategy, formerly known as MicroStrategy, has become the poster child for Bitcoin treasury companies. Over the last five years, MSTR stock has surged more than 3,700%, outpacing the nearly 1,200% returns of Bitcoin. This remarkable outperformance stems from Strategy's aggressive Bitcoin accumulation strategy, which began in August 2020. Strategy now holds more than 600,000 BTC on its balance sheet, making it the world's largest corporate Bitcoin holder by a wide margin. Executive Chairman Michael Saylor has transformed the software company into what he calls 'the world's first Bitcoin treasury company.' Strategy's success has sparked a wave of imitators. Even failing businesses are pivoting to Bitcoin treasury strategies, hoping to revitalize their stock prices through exposure to cryptocurrency. However, this approach carries significant risks. For instance, Strategy employs debt and leverage to acquire Bitcoin, creating what some analysts describe as an ultra-leveraged Bitcoin fund. This approach only works when Bitcoin prices rise, interest rates remain manageable, and market sentiment stays positive. Is MSTR Stock Overvalued Right Now? Out of the 13 analysts covering MSTR stock, 11 recommend 'Strong Buy,' one recommends 'Moderate Buy,' and one recommends 'Strong Sell.' The average MSTR stock price target is $543.62, 27% above the current price. With Bitcoin currently priced near $120,000 acquiring meaningful positions becomes increasingly expensive, which will create a cycle of dilutive stock offerings. While Strategy has delivered exceptional returns, investors should consider whether direct Bitcoin exposure through spot ETFs might offer similar upside with fewer operational risks and complications. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
2 days ago
- Business
- Yahoo
Strategy Hits Record $128.5B Market Cap as Bitcoin Buying Prompts Equity Sales
Strategy (MSTR), the bitcoin (BTC)-buying software company led by Michael Saylor, posted a record market capitalization as it engages in a multiyear transformation funded largely through aggressive equity issuance. The $128.5 billion market cap makes the Tysons Corner, Virginia-based company the 84th largest publicly traded company in the U.S. This rise from a sub-$2 billion market cap in five years underscores how the firm has redefined itself as the most prominent corporate bitcoin holder in public markets. Since 2020, the number of shares outstanding has almost tripled to 281.9 million, reflecting not only organic growth, but also a 10-for-1 stock split in August 2024 and the extensive use of at-the-market (ATM) equity programs. The count includes all Class A and Class B common shares, as well as stock sold via ATM offerings and those pending issuance from exercised options, vested restricted stock units (RSUs) and convertible note conversions. In October, Strategy announced a three-year $42 billion capital-raising plan comprising both equity and fixed-income instruments. That followed a $21 billion fundraise in the third quarter. The capital raised was primarily used to purchase bitcoin, enabling the company to build a treasury of 601,550 BTC, currently worth over $70 billion. The strategy has turned MSTR, in effect, into a leveraged, corporate bitcoin vehicle with equity-like features. The common stock trades at $455.90, some 15% below its November 2024 high. Investors continue to support the company's strategic vision, drawn by its role as a liquid, high-beta proxy for bitcoin exposure. The company's Assumed Diluted Shares Outstanding stands at 315.1 million, incorporating all possible conversions from convertible debt, preferred stock, options, and performance awards.
Yahoo
2 days ago
- Business
- Yahoo
Ethereum Treasuries Boom as Companies Look Beyond Bitcoin
In crypto, coming in second can pay even better than winning, as long as Peter Thiel is writing the checks. The tech billionaire's venture capital firm Founder's Fund has snatched up a 9% stake in BitMine Immersion Technologies. BitMine recently pivoted its focus from Bitcoin mining to building up its treasury stash of ether, disclosing this week that it now holds more than $500 million worth of the second-biggest crypto by market cap. Companies have been racing to bulk up their Ethereum treasuries as they look to copy-and-paste strategies that worked for Bitcoin, the No. 1 crypto. READ ALSO: Uber Paying $300M Fare in Robotaxi Deal and Gaming Platform Roblox Adds Age-Verification to Safeguard Kids Mimicking Michael Saylor Michael Saylor pioneered crypto treasuries in 2020 while leading Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin by far, with more than 600,000 Bitcoin in its stash. For investors, buying Strategy shares is a way to get indirect exposure to Bitcoin without directly investing in the digital asset. Dozens of companies have copied Strategy's model in recent months — even GameStop bought more than $500 million worth of Bitcoin. Now, companies are jockeying to become the Strategy of Ethereum: In the past 30 days, Ethereum treasury companies scooped up more than 545,000 ether worth at least $1.6 billion, CoinTelegraph reported. As companies piled into ethereum, the asset rallied to a five-month high yesterday, breaking the $3,200 mark for the first time since February. SharpLink now controls the largest corporate treasury of ether, even though the gaming and crypto company only started buying the asset last month. The firm has quickly accumulated 280,000 ether worth $846 million. But ether and Bitcoin are fundamentally different, and so are their treasuries. While Bitcoin acts as a digital store of value that sits in a vault, ether has myriad uses on the blockchain. For instance, SharpLink revealed that nearly 100% of its ether stash is staked, meaning it's being actively used to generate more ether. Shifting Spotlight: Bitcoin miners like BitMine could be looking for new sources of revenue after the crypto last year underwent its latest 'halving,' an event that cuts mining rewards in half. At the same time, Bitcoin has become crowded with investors piling into its ongoing rally (it broke past $120,000 for the first time Monday). Meanwhile, Ethereum, which many stablecoins are built on, could soon see an influx of traditional finance investors once the stablecoin regulatory framework that has been moving through the House gets President Trump's official green light. Treasury firms are ready and waiting … with giant piles of ether. This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter. 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
2 days ago
- Business
- Yahoo
Biotech Company Windtree to Raise Up to $200M for BNB Treasury
Windtree Therapeutics (WINT), a Nasdaq listed biotechnology company, plans to raise up to $200 million to build a treasury of BNB, the native token of BNB Chain. Windtree has entered into a $60 million securities purchase agreement with blockchain infrastructure investor Build and Build Corp, with the potential for an additional $140 million, according to an announcement on Wednesday. The Warrington, Pennsylvania-based firm said it would become the first Nasdaq-listed company to build a BNB treasury. BNB, which was developed by cryptocurrency exchange Binance as the native token of its blockchain ecosystem and which is now considered a separate decentralized entity, is the fifth largest crypto by market cap. A growing number of publicly-traded companies have been building crypto treasuries in recent months, attempting to replicate the model of Michael Saylor's Strategy (MSTR), which now owns nearly 3% of all the bitcoin that will ever exist. Health care-adjacent firms have been noticeably present among such companies adopting crypto treasuries. Windtree shares closed 8.62% higher on Wednesday at 90 cents and have climbed some 22.22% in pre-market to $1.1 at the time of writing.
Time of India
2 days ago
- Business
- Time of India
Michael Saylor says this crypto could explode 10,500% — now worth as much as Amazon
Michael Saylor's bold Bitcoin prediction is turning heads again — this time claiming the world's top cryptocurrency could not only explode by 10,500% but also surpass tech giants like Amazon in market value. As Bitcoin's market cap surges past $2.3 trillion, the MicroStrategy chairman believes this digital asset is just getting started. Could BTC really dominate global finance and become more valuable than Amazon? Here's what Saylor says — and why investors are paying close attention in 2025. Michael Saylor Bitcoin Prediction Crosses Amazon: BTC Market Cap Hits $2.3 Trillion: Bitcoin just reached another historic milestone — its market capitalization has officially crossed $2.3 trillion, briefly surpassing Amazon's $2.1 trillion market cap. This shift places Bitcoin among the world's most valuable assets, second only to giants like Apple and gold. According to Michael Saylor, executive chairman of MicroStrategy, this is just the beginning. He predicts Bitcoin could surge another 10,500%, eventually reaching a total valuation of $300 trillion, with each coin potentially worth over $12 million. Tired of too many ads? Remove Ads How is Bitcoin now worth? Bitcoin's market cap : ~$2.3 trillion : ~$2.3 trillion Amazon's market cap : ~$2.1 trillion : ~$2.1 trillion Apple's market cap : ~$3.4 trillion : ~$3.4 trillion Gold's market cap: ~$14 trillion Is Bitcoin really as big as Amazon now? Tired of too many ads? Remove Ads Why is Michael Saylor predicting Bitcoin will hit $13 million? Global institutional adoption of Bitcoin as a store of value and inflation hedge of Bitcoin as a store of value and inflation hedge Sovereign wealth funds and central banks accumulating BTC as a reserve asset accumulating BTC as a reserve asset Hyperbitcoinization — a scenario where Bitcoin becomes a default global currency — a scenario where Bitcoin becomes a default global currency Increasing scarcity due to halving cycles and limited supply (only 21 million BTC) What is the logic behind Saylor's tokenization vision? Tired of too many ads? Remove Ads Is a 10,500% Bitcoin rally realistic? Current BTC price : ~$118,000 : ~$118,000 Projected price (per Saylor's theory) : ~$12,390,000 : ~$12,390,000 Required market cap : ~$300 trillion : ~$300 trillion Bitcoin supply: 21 million (max) Can the global economy really support a $273 trillion Bitcoin market cap? Could Bitcoin still outperform traditional assets? Is Satoshi Nakamoto really about to surpass Warren Buffett in wealth? Can Bitcoin really become the next Amazon? Is Bitcoin still a smart buy right now? Is the $13 million prediction just hype? FAQs: Michael Saylor, the executive chairman of MicroStrategy and one of Bitcoin's most vocal advocates, has once again made headlines — this time with an eye-popping prediction. According to Saylor and his firm, Bitcoin (BTC) could still surge as much as 10,500%, pushing its valuation to levels comparable to tech giants like would mean Bitcoin's price could jump from its current level near $118,000 to over $12 million per coin — a forecast that's turning heads across Wall Street and the crypto claim points to the market capitalization of Bitcoin, which recently crossed $2.3 trillion, putting it in the same league as major tech giants. For comparison:Bitcoin briefly surpassed Amazon's valuation in mid-July 2025 as it hit an all-time high nearbefore retreating slightly. This historic milestone has fueled bullish sentiment among long-term holders and institutions least briefly. On Monday, July 14, Bitcoin's price surged past $123,000, lifting its market value to $2.4 trillion, placing it alongside companies like Amazon, which took 30 years to reach the same valuation since its founding in 1994. Even more astonishing, Bitcoin has now outpaced major firms like Alphabet, Meta Platforms, and Tesla in market context, Amazon has over 600 million products, massive cloud infrastructure through AWS, and streams to millions via Prime Video. Meanwhile, Bitcoin has no revenue, no employees, and no CEO—yet here it is, standing shoulder-to-shoulder with the world's biggest Saylor, now Chairman of MicroStrategy (NASDAQ: MSTR), is one of Bitcoin's most vocal supporters. Under his leadership, MicroStrategy transformed into the largest Bitcoin-holding public company with 601,550 BTC worth roughly $71 envisions a future where Bitcoin becomes the global reserve asset powering a blockchain-based financial system. He estimates that $500 trillion worth of global assets—real estate, bonds, stocks—could be tokenized on the blockchain. If Bitcoin becomes the standard currency for that ecosystem, Saylor argues that demand could push its price to $13 million per coin, resulting in a $273 trillion market these factors align, MicroStrategy believes Bitcoin's total market value could skyrocket to— up from $2.3 trillion today — driving the projected 10,500% price nine times the current size of the entire U.S. to Saylor, the traditional financial system is full of friction. Real estate transactions, for example, require lawyers, paperwork, and months of due diligence. If every asset was tokenized on the blockchain, every ownership record would be public, secure, and immutable. That would drastically cut costs and increase believes Bitcoin's decentralized nature, limited supply of 21 million coins, and secure blockchain make it the ideal base currency for this digital system. If the world buys into this model, then Bitcoin could become the settlement layer for global break it down:This kind of growth would make Bitcoinand nearlycombined — an extremely optimistic view that assumes total transformation of the global financial where it gets tricky. A $273 trillion valuation means Bitcoin would be more valuable than the economies of the U.S., China, and the EU—combined. It's also 66 times more than Nvidia's current $4.2 trillion market cap, which is the highest among public companies right if all global assets are tokenized, it's unlikely that every asset sale will result in Bitcoin being hoarded. Most people will still need to convert Bitcoin to fiat currency for daily spending. With only 6,600 merchants worldwide accepting Bitcoin (as per Cryptwerk), the use case as a currency remains limits long-term demand and could prevent prices from skyrocketing to Saylor's Many investors now view Bitcoin as digital gold . Gold's total above-ground value stands at around $22.4 trillion, and if Bitcoin were to match that, its price per coin would be around $1.06 million. That represents a 770% upside from its current high of $123, Saylor's $13 million forecast, this target feels more attainable, especially as institutional investors and sovereign funds slowly warm up to Bitcoin. Firms like BlackRock and Fidelity have already launched Bitcoin ETFs, signaling growing mainstream Bitcoin's recent rally, the anonymous Bitcoin creator Satoshi Nakamoto now holds an estimated $134 billion worth of BTC—just shy of Warren Buffett's $142 billion net worth, according to Forbes. If Bitcoin hits $130,000, Nakamoto could surpass would be a profound moment, showing the power of a buy-and-hold strategy. Nakamoto mined 1.1 million BTC in Bitcoin's early days and has never touched them since 2010. Whether he's alive or not remains a mystery, but his wallet stands as a monument to long-term conviction in the journey from a fringe digital asset to a trillion-dollar powerhouse is undeniable. Surpassing Amazon in market cap is a major psychological milestone — and could bring more mainstream a 10,500% rally? That's aMichael Saylor may believe in Bitcoin's destiny to replace fiat money and reshape finance, but for most investors, it's important to weigh both thebefore jumping advisors are starting to recommend allocating 1% to 2% of a portfolio to Bitcoin, and some suggest going up to 10% for higher-risk tolerance. While The Motley Fool's Stock Advisor team didn't include Bitcoin in their current top 10 stock picks, that doesn't mean it's not a good long-term hedge or store of like Warren Buffett may continue to argue that Bitcoin has no 'intrinsic value,' but Wall Street, retail investors, and now even governments are beginning to treat it as a strategic asset. That's a shift that could support long-term Saylor's $13 million Bitcoin price target might sound exaggerated, and it very well could be. It assumes global cooperation, a full transition to tokenized finance, and near-universal adoption of Bitcoin—all within 20 even without reaching that number, Bitcoin has shown time and again that it's a force to be reckoned with. Whether it becomes the next global currency or simply the new gold standard for wealth preservation, it still holds massive upside potential in a world searching for financial the very least, Bitcoin is no longer a fringe asset. It's a $2.4 trillion juggernaut now standing toe-to-toe with the giants of tech—and that alone is a headline worth paying attention possible, but highly unlikely due to economic and adoption it briefly surpassed Amazon's market cap by hitting $2.4 trillion.
