{"id":26227,"date":"2024-02-14T08:55:02","date_gmt":"2024-02-14T08:55:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/not-tied-to-weather-war-or-supply-chain\/"},"modified":"2024-02-14T08:55:02","modified_gmt":"2024-02-14T08:55:02","slug":"not-tied-to-weather-war-or-supply-chain","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/not-tied-to-weather-war-or-supply-chain\/","title":{"rendered":"“Not Tied to Weather, War, or Supply Chain”"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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In a recent appearance on CNBC\u2019s \u201cOvertime,\u201d Michael Saylor<\/a>, the Executive Chairman of MicroStrategy and well-known bitcoin<\/a> advocate, discussed the cryptocurrency\u2019s impressive surge past the $50,000 mark, reaching its highest level in two years. Saylor\u2019s insights into bitcoin\u2019s current dynamics and MicroStrategy\u2019s strategic positioning in the crypto landscape offer a compelling narrative for both investors and enthusiasts.<\/p>\n

Saylor highlighted bitcoin\u2019s growing appeal as an investment asset, describing it as the world\u2019s most popular investment asset, novel, digital, and global. He pointed out bitcoin\u2019s unique position as an uncorrelated asset, free from traditional market risks, including country-specific risks, currency fluctuations, and company performance metrics. \u201cIt does not come with the exposure to any country, currency, company, quarterly result, product cycle, competitor, weather, war, employee base, or supply chain,\u201d<\/em><\/strong> Saylor noted, underscoring bitcoin\u2019s attractiveness to investors seeking portfolio diversification.<\/p>\n

MicroStrategy\u2019s performance was a key point of discussion. The company saw an almost 11% increase in a single day, with a 46% rise over the past week. This surge is particularly interesting as it coincides with the trading of Bitcoin ETFs, with MicroStrategy outperforming all such ETFs since January 11th. Saylor attributes this success to the pent-up demand for bitcoin and the ETFs, allowing mainstream investors to access the cryptocurrency market more easily. \u201cThere\u2019s ten times as much demand for bitcoin coming in through the ETFs as there is supply coming from the natural sellers that are the miners,\u201d<\/strong><\/em> Saylor explained.<\/p>\n

MicroStrategy\u2019s rebranding as a bitcoin development company was also discussed. Saylor sees this move as a natural decision, reflecting the company\u2019s unique status as the largest corporate holder of bitcoin and its strategy to leverage its software business and capital markets to accumulate more bitcoin for its shareholders. \u201cIt makes for us to call ourselves a bitcoin development company in the same way you see a real estate development company or petroleum development company,\u201d<\/strong><\/em> Saylor articulated.<\/p>\n

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177% up to 5BTC + 77 Free Spins<\/strong>!<\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The company\u2019s software business, particularly its transition to cloud and generative AI offerings, was highlighted. Despite a dip in overall revenue, subscription services revenue saw an increase, indicating a positive response to MicroStrategy\u2019s AI-driven initiatives. Saylor is optimistic about the AI offerings driving an acceleration of migration to the cloud and contributing to the company\u2019s growth.<\/p>\n

Finally, Saylor discussed MicroStrategy\u2019s approach to managing its capital structure, including equity markets, convertible securities, refinancing debt, and potentially exploring preferred equity issuances. \u201cWe are fortunate to be able to manage our capital structure actively and in a creative way,\u201d<\/strong><\/em> Saylor stated, highlighting the company\u2019s strategic flexibility in capitalizing on bitcoin investment opportunities.<\/p>\n

At the time of writing, Bitcoin is moving hands at $49,992.19 according to CoinMarketCap data.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) In a recent appearance on CNBC\u2019s \u201cOvertime,\u201d Michael Saylor, the Executive Chairman of MicroStrategy and well-known bitcoin advocate, discussed the cryptocurrency\u2019s impressive surge past the $50,000 mark, reaching its highest level in two years. Saylor\u2019s insights into bitcoin\u2019s current dynamics and MicroStrategy\u2019s strategic positioning in the […]<\/p>\n","protected":false},"author":5,"featured_media":26228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26227"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26227"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26228"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}