Michael Saylor Sued Over $5.9B Bitcoin Loss
Michael Saylor’s crypto-centric company, now rebranded as Strategy (formerly MicroStrategy), is under legal fire once again. A new class action lawsuit filed in the Eastern District of Virginia (Docket No. 25-cv-00861) accuses the firm of misleading investors about the risks of its aggressive Bitcoin investment strategy, which led to an
Michael Saylor Backs Pakistan’s Crypto Push in Bid to Lead Global South
Pakistan is making serious moves in the world of digital assets, and it just secured a powerful ally: Michael Saylor, executive chairman of Strategy (formerly MicroStrategy) and one of the world’s biggest Bitcoin advocates. In a recent visit, Saylor met with top Pakistani officials to discuss how the country can
Bitcoin Crosses $100K Again as Market Eyes $200K Target
Bitcoin has once again broken past the $100,000 mark, trading at $100,794 at the time of writing. The leading cryptocurrency surged 4.11% from an intraday low of $96,150, reclaiming six-figure territory for the third time since December 2024. The first record-breaking moment came on December 5, followed by a second
MicroStrategy Expands Bitcoin Holdings with $1.92B Purchase
MicroStrategy (MSTR), led by Michael Saylor, has reinforced its position as the largest corporate Bitcoin holder, adding 22,048 BTC to its reserves. The latest acquisition, worth $1.92 billion, brings the company’s total holdings to 528,185 BTC, solidifying its aggressive Bitcoin accumulation strategy. Bitcoin Buy Fueled by Stock Issuance MicroStrategy funded
