MicroStrategy decentralized identity solution leveraging Ordinals attracts criticism from core Bitcoin proponents

MicroStrategy’s chairman, Michael Saylor, revealed the firm’s ambitious plan to introduce a decentralized identity solution called MicroStrategy Orange on the Bitcoin network during his Bitcoin For Corporations talk on May 1.

MSTR, COIN, RIOT and other crypto stocks down as Bitcoin dips

MicroStrategy stock was down 10% on Tuesday, while Coinbase and other crypto stocks also dumped. Bitcoin price traded to lows of $60,600 before seeing a slight recovery. MicroStrategy, Coinbase, Riot Platforms and Marathon Digital stocks are among crypto-related stocks seeing downside pressure amid Bitcoin’s price struggles.

MicroStrategy Adds 122 Bitcoins to Treasury Despite Q1 Net Loss of $53.1M

This strategic decision underscores MicroStrategy's commitment to accumulating Bitcoin as a long-term investment, even in the face of short-term financial challenges.

MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase

MicroStrategy’s Bitcoin holdings increased by 122 BTC in April, according to the company’s latest quarterly report. MicroStrategy, the largest Bitcoin holder among public companies, keeps buying more BTC, as its latest quarterly report indicates the company injected another $7.8 million,…

Michael Saylor: Bitcoin Offers Hope as Japanese Yen Hits 34-Year Low

Michael Saylor, a major Bitcoin bull, has echoed these sentiments, stating that Bitcoin offers hope for Japan amid its currency woes.

Michael Saylor sees opportunity for Bitcoin in chaos

Saylor's positive Bitcoin view persists despite a recent dip; meanwhile, market sentiment remains bullish ahead of the halving. The post Michael Saylor sees opportunity for Bitcoin in chaos appeared first on Crypto Briefing.

Is Global Turmoil The Secret Weapon For Bitcoin? Michael Saylor Thinks So

As global geopolitical tensions escalate, the cryptocurrency market finds itself in a precarious position, with Bitcoin, the flagship digital asset, facing a significant test of its resilience. Related Reading: Thailand Throws Jab At Crypto With P2P Purchase Ban – Details MicroStrategy co-founder Michael Saylor’s recent remarks on the potential benefits of chaos for Bitcoin have […]