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Michael Saylor's $2.1B Bitcoin Bet Could Propel Strategy (MSTR) to a $10 Trillion Valuation
Michael Saylor's $2.1B Bitcoin Bet Could Propel Strategy (MSTR) to a $10 Trillion Valuation

Business Insider

time23-05-2025

  • Business
  • Business Insider

Michael Saylor's $2.1B Bitcoin Bet Could Propel Strategy (MSTR) to a $10 Trillion Valuation

Strategy (MSTR) founder and executive chairman, Michael Saylor, isn't just bullish on Bitcoin — he's building a corporate empire around it. Strategy, formerly MicroStrategy, recently announced plans to raise a whopping $2.1 billion through an at-the-market (ATM) sale of its 10.00% Series A Perpetual Strife Preferred Stock (STRF). The company has made it clear that the proceeds from this ATM program will be used for 'general corporate purposes,' with a key focus on acquiring more Bitcoin. Confident Investing Starts Here: This move aligns perfectly with the firm's increasingly crypto-heavy strategy, which has become a defining trait of its market identity under Saylor. In terms of share prices, the STRF stock, which debuted on March 26, 2025, has already gained traction. As of now, it's trading at $99.40, up 9.13% in the past month. Meanwhile, another of Strategy's preferred offerings, the 8.00% Series A Perpetual Strike Preferred Stock (STRK), is also on the rise, up 17.93% month-over-month and trading at $100.91. At the same time, Strategy's stock is up 15.54% in the past month, trading at $399.46. A Legacy of Bitcoin-First Thinking Since 2020, Strategy has been transforming from a traditional software company into a Bitcoin holding powerhouse. Headquartered in Virginia, the company disclosed in a May 19 SEC filing that it bought Bitcoin at an average price just shy of $103,500. This brings its total Bitcoin holdings to 576,230 BTC — now worth over $64.25 billion — making it the largest corporate Bitcoin holder in the world. Saylor's $13M Bitcoin Prediction and $10 Trillion Vision Michael Saylor is setting the bar sky-high. In a recent interview with The Financial Times, the Strategy founder projected that Bitcoin could soar to $13 million per coin by 2045. This bold forecast goes hand in hand with his grand vision for the company. 'MicroStrategy is in a position where we can grow from a $100 billion enterprise to a $1 trillion enterprise to a $10 trillion enterprise,' Saylor said. Currently, Strategy holds a market cap of $110.5 billion, meaning there's plenty of potential upside if his Bitcoin thesis proves right. The timing of this new offering is no coincidence. Bitcoin hit a record high of $111,861.22 on May 22 and remains just below that level, trading at $111,150 at the time of writing. Saylor is increasing his stakes, confident that Bitcoin still has significant upward potential, and he is strategically positioning Strategy to capitalize on this surge. Is MicroStrategy a Buy Right Now? MicroStrategy has drawn strong support from Wall Street analysts. According to TipRanks, the stock holds a Strong Buy rating. Out of 13 analysts, 12 currently call it a Buy, with just one lone Sell and zero Hold ratings. The average MSTR price target sits at $524.92, implying a 30.41% upside.

‘I told my mum I had met my husband': Emma Lung's second chance at love
‘I told my mum I had met my husband': Emma Lung's second chance at love

The Age

time17-05-2025

  • Entertainment
  • The Age

‘I told my mum I had met my husband': Emma Lung's second chance at love

This story is part of the May 18 edition of Sunday Life. See all 14 stories. Actor Emma Lung has starred in films alongside some of the industry's biggest names, including Hugo Weaving and Brian Cox. The 43-year-old, who stars opposite Asher Keddie in streaming series Strife, also discusses how she and her now husband had a second chance at love. My grandfather, James, was born in Guangzhou [China]. He moved to Papua New Guinea after he finished high school. From there, he moved to Sydney, where he met my grandmother, Colleen. Together, they had seven children. I called my grandfather Y éye (Mandarin for paternal grandfather). I didn't know him for a lot of my early life, as our family lived in Tokyo, where my father, Gary, and mother, Heather, taught English. But when we returned to Sydney, I knew him as a gentle and wise man. I couldn't ask for a more loving father. He's been in my corner since day one and continues to be. There's really nothing he wouldn't do for me. Dad is gregarious, hilarious and impatient. He's also an absolute cinephile, and so I grew up watching Woody Allen and Rob Reiner and all the films of the 1970s. From him, I've inherited my sense of curiosity, adventure and tenacity – probably my loudmouth tendencies, too. My teenage celebrity crush was River Phoenix. I still can barely say his name without my heart missing a beat. My first serious relationship came when I was 13. I'd met Thorald at [Sydney's] Newtown School of Performing Arts. When I was 15, I managed to convince my parents to let me attend an acting school in New York for the last term of year 10, and so I moved there with Thorald and his mum. When I came back, I sent a video audition to the Professional Performing Arts School of Manhattan. I got accepted, and so I completed my final year of drama school in New York. When Thorald and I came back to Australia, he wanted to return [to New York]. I wasn't ready for that, and six months or so later, we split up. We're still very much in touch. My 10-year-old son, Marlowe, and his first child were born six hours apart. I was 19 when I appeared with Hugo Weaving in Peaches. The love scenes were really intense, but there was no sort of worry as Hugo is the most kind and gentle soul. Looking back, it would have been extremely hard for him, too, as he had a daughter around 10 years younger than me. But you'd be hard-pressed to find too many actors as professional as him.

‘I told my mum I had met my husband': Emma Lung's second chance at love
‘I told my mum I had met my husband': Emma Lung's second chance at love

Sydney Morning Herald

time17-05-2025

  • Entertainment
  • Sydney Morning Herald

‘I told my mum I had met my husband': Emma Lung's second chance at love

This story is part of the May 18 edition of Sunday Life. See all 14 stories. Actor Emma Lung has starred in films alongside some of the industry's biggest names, including Hugo Weaving and Brian Cox. The 43-year-old, who stars opposite Asher Keddie in streaming series Strife, also discusses how she and her now husband had a second chance at love. My grandfather, James, was born in Guangzhou [China]. He moved to Papua New Guinea after he finished high school. From there, he moved to Sydney, where he met my grandmother, Colleen. Together, they had seven children. I called my grandfather Y éye (Mandarin for paternal grandfather). I didn't know him for a lot of my early life, as our family lived in Tokyo, where my father, Gary, and mother, Heather, taught English. But when we returned to Sydney, I knew him as a gentle and wise man. I couldn't ask for a more loving father. He's been in my corner since day one and continues to be. There's really nothing he wouldn't do for me. Dad is gregarious, hilarious and impatient. He's also an absolute cinephile, and so I grew up watching Woody Allen and Rob Reiner and all the films of the 1970s. From him, I've inherited my sense of curiosity, adventure and tenacity – probably my loudmouth tendencies, too. My teenage celebrity crush was River Phoenix. I still can barely say his name without my heart missing a beat. My first serious relationship came when I was 13. I'd met Thorald at [Sydney's] Newtown School of Performing Arts. When I was 15, I managed to convince my parents to let me attend an acting school in New York for the last term of year 10, and so I moved there with Thorald and his mum. When I came back, I sent a video audition to the Professional Performing Arts School of Manhattan. I got accepted, and so I completed my final year of drama school in New York. When Thorald and I came back to Australia, he wanted to return [to New York]. I wasn't ready for that, and six months or so later, we split up. We're still very much in touch. My 10-year-old son, Marlowe, and his first child were born six hours apart. I was 19 when I appeared with Hugo Weaving in Peaches. The love scenes were really intense, but there was no sort of worry as Hugo is the most kind and gentle soul. Looking back, it would have been extremely hard for him, too, as he had a daughter around 10 years younger than me. But you'd be hard-pressed to find too many actors as professional as him.

Asher Keddie in her producing era but isn't quitting acting
Asher Keddie in her producing era but isn't quitting acting

Perth Now

time14-05-2025

  • Entertainment
  • Perth Now

Asher Keddie in her producing era but isn't quitting acting

When watching a comedy movie or TV show, you may wonder if the actors struggle with trying not to crack up when reciting their lines on set. For one of Australia's most adored actors Asher Keddie, becoming hysterical mid-line is something she is very good at. These latest crack-ups came when playing Evelyn Jones, the lead character in Strife, which follows the modern imperfect woman and publisher on her journey from a blogger to a force in digital media with her startup Eve Life. After the first season in 2023 became Binge's biggest original series premiere of all time, the second season premiered on May 8 and sees Keddie's character exploring the complexities of womanhood, relationships, dealing with the threat of a new rival women's website, and tackling nasty trolls — all the while keeping up just the right level of lighthearted gags. 'This is the sort of show that incites so much mischief and laughter,' Keddie says on a phone call from Sydney. 'The whole ensemble is always engaged in shenanigans and humour and, you know, so much fun behind the scenes. It's about creating a certain level of hysteria when you're doing comedy drama, I think.' It's something the actor, who also serves as executive producer on the show, always encourages 'to the point of being probably the most unprofessional of the lot of them'. 'I'm terrible when it comes to hysterical laughing in the middle of a scene,' she says. 'It's not my strong point, put it that way. if I'm amused by something, I find it difficult not to respond in the moment, and this cast is incredibly amusing, so we've had such fun together.' Asher Keddie as Evelyn Jones. Credit: John Platt In among the comedy, of course, is the importance of telling authentic female stories. After all, the series is a fictionalised adaptation of Mia Freedman's 2017 memoir Work Strife Balance, about her experience of leaving magazines to launch women's lifestyle website Mamamia. 'It was just so incredible listening to the stories at the beginning that Mia had of her experiences throughout, and the challenge of presenting her ideas online and putting them out there and using her voice no matter what the consequences were, and sometimes the consequences in the cost to her were huge,' Keddie says. 'We explore in the second series trolling, which became a really big thing around the time that Mia started up Mamamia, so that's a really interesting storyline.' The Offspring star says viewers need to see women's vulnerabilities on screen. 'What I want to see is not to apologise for getting it wrong and failing sometimes and not being able to achieve that kind of elusive perfection that we put on ourselves all the time,' she says. 'I think those themes that we explore in the show, particularly in the second season, are the things that I really want to lean into as a woman and a viewer, so I'm hoping that other people feel the same way.' Asher Keddie attends the 2025 AACTA Awards. Credit: Dan Peled / Getty Images for AFI The Melburnian reunited with Bruna Papandrea, whom she worked with for roles in Nine Perfect Strangers and The Lost Flowers Of Alice Heart, to produce the show. Keddie found it helpful rather than challenging to be a producer as well as an actor. 'Being able to produce and being in conversation about how we can write it, how we're going to perform it, where it's gonna be, all the different millions of choices that you make on the entirety of a production, it's so involving for me that it's almost easier to be a bigger part of it in that way than it is just to deliver a performance,' she says. Despite loving the production side of things, Keddie isn't stepping away from acting. 'Oh no, I'm not gonna give up my day job,' she says. 'I love acting. I always have. I enjoy it more now actually than ever so no, I still love what I do but I just like combining the two.'

Asher Keddie loved producing as well as acting in Strife but isn't giving up her day job
Asher Keddie loved producing as well as acting in Strife but isn't giving up her day job

West Australian

time14-05-2025

  • Entertainment
  • West Australian

Asher Keddie loved producing as well as acting in Strife but isn't giving up her day job

When watching a comedy movie or TV show, you may wonder if the actors struggle with trying not to crack up when reciting their lines on set. For one of Australia's most adored actors Asher Keddie, becoming hysterical mid-line is something she is very good at. These latest crack-ups came when playing Evelyn Jones, the lead character in Strife, which follows the modern imperfect woman and publisher on her journey from a blogger to a force in digital media with her startup Eve Life. After the first season in 2023 became Binge's biggest original series premiere of all time, the second season premiered on May 8 and sees Keddie's character exploring the complexities of womanhood, relationships, dealing with the threat of a new rival women's website, and tackling nasty trolls — all the while keeping up just the right level of lighthearted gags. 'This is the sort of show that incites so much mischief and laughter,' Keddie says on a phone call from Sydney. 'The whole ensemble is always engaged in shenanigans and humour and, you know, so much fun behind the scenes. It's about creating a certain level of hysteria when you're doing comedy drama, I think.' It's something the actor, who also serves as executive producer on the show, always encourages 'to the point of being probably the most unprofessional of the lot of them'. 'I'm terrible when it comes to hysterical laughing in the middle of a scene,' she says. 'It's not my strong point, put it that way. if I'm amused by something, I find it difficult not to respond in the moment, and this cast is incredibly amusing, so we've had such fun together.' In among the comedy, of course, is the importance of telling authentic female stories. After all, the series is a fictionalised adaptation of Mia Freedman's 2017 memoir Work Strife Balance, about her experience of leaving magazines to launch women's lifestyle website Mamamia. 'It was just so incredible listening to the stories at the beginning that Mia had of her experiences throughout, and the challenge of presenting her ideas online and putting them out there and using her voice no matter what the consequences were, and sometimes the consequences in the cost to her were huge,' Keddie says. 'We explore in the second series trolling, which became a really big thing around the time that Mia started up Mamamia, so that's a really interesting storyline.' The Offspring star says viewers need to see women's vulnerabilities on screen. 'What I want to see is not to apologise for getting it wrong and failing sometimes and not being able to achieve that kind of elusive perfection that we put on ourselves all the time,' she says. 'I think those themes that we explore in the show, particularly in the second season, are the things that I really want to lean into as a woman and a viewer, so I'm hoping that other people feel the same way.' The Melburnian reunited with Bruna Papandrea, whom she worked with for roles in Nine Perfect Strangers and The Lost Flowers Of Alice Heart, to produce the show. Keddie found it helpful rather than challenging to be a producer as well as an actor. 'Being able to produce and being in conversation about how we can write it, how we're going to perform it, where it's gonna be, all the different millions of choices that you make on the entirety of a production, it's so involving for me that it's almost easier to be a bigger part of it in that way than it is just to deliver a performance,' she says. Despite loving the production side of things, Keddie isn't stepping away from acting. 'Oh no, I'm not gonna give up my day job,' she says. 'I love acting. I always have. I enjoy it more now actually than ever so no, I still love what I do but I just like combining the two.'

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