Tag: hold

Amazon shareholders call for the company to hold 5% of its assets in Bitcoin

MicroStrategy’s stock has outperformed Amazon’s stock by 537% in the past year The proposal calls for Amazon to include some Bitcoin to maximize shareholder value without taking on too much risk Last week, Michael Saylor, CEO of MicroStrategy called on Microsoft to adopt Bitcoin, calling it “digital capital” A group of Amazon shareholders has requested […]

Nearly a million addresses hold more than 1 bitcoin, half the US median salary

Key Takeaways The distribution of Bitcoin can be analysed through the transparent nature of the blockchain Nearly 1 million addresses now hold more than 1 Bitcoin, equivalent to $27,500, or half the US median annual salary As Bitcoin collapsed in price last year, falling 77% from peak to trough, the 1 Bitcoin hurdle became far […]

‘hold on to it and stomach the volatility’

MicroStrategy Inc narrowed its bitcoin-related loss in the first quarter. Its executive chairman Michael Saylor remains bullish as ever on bitcoin. Bitcoin is currently up roughly 70% versus the start of the year 2023. Bitcoin has lost about 7.0% in recent weeks but Michael Saylor – the Executive Chairman of MicroStrategy Inc remains convinced as […]