CoinOtag
2025-12-08 14:38:35

Michael Saylor Pitches Bitcoin as Digital Capital to Wealth Funds Amid MicroStrategy’s $1B Buy

MicroStrategy recently acquired 10,624 Bitcoin for $962.7 million at an average price of $90,615 per coin, boosting its total holdings to 660,624 BTC valued at around $60 billion. Chairman Michael Saylor emphasized Bitcoin as digital capital, pitching it to sovereign wealth funds and banks as the basis for a new yield-bearing asset class. MicroStrategy's Bitcoin [...]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.