Veteran investor slams Michael Saylor over Bitcoin centralization push
From thestreet.com
Few figures are as closely tied to Bitcoin (BTC) as Michael Saylor. The longtime tech entrepreneur transformed his company, MicroStrategy, from a low-profile enterprise software firm into the largest corporate holder of Bitcoin. What began in 2020 as a hedge against inflation quickly evolved into a full-scale strategy, issuing debt, raising equity, and converting billions into Bitcoin. The company rebranded itself to Strategy (NASDAQ: MSTR) to show its seriousness for a Bitcoin-centric identity. Today, the firm holds 762,099 BTC, turning its stock into a proxy for Bitcoin exposure and making Saylor one of crypto’s ...
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