{"id":129508,"date":"2024-11-24T10:42:56","date_gmt":"2024-11-24T03:42:56","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=129508"},"modified":"2024-11-24T10:42:56","modified_gmt":"2024-11-24T03:42:56","slug":"michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=129508","title":{"rendered":"Michael Saylor Reveals MicroStrategy Is &#8216;Making $500M A Day&#8217; With Bitcoin"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-24rror loader\" style=\"--max-height: 540px;\">\n<div class=\"image-wrapper yf-24rror\" style=\"--aspect-ratio: 960 \/ 540; --img-max-width: 960px;\"><img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin\" loading=\"eager\" height=\"540\" width=\"960\" class=\"yf-24rror loader\"\/><\/div>\n<\/div><figcaption class=\"yf-8xybrv\"><!-- HTML_TAG_START -->Michael Saylor Reveals MicroStrategy Is &#8216;Making $500M A Day&#8217; With Bitcoin<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=MSTR\" data-ylk=\"slk:MSTR;elm:context_link;itc:0;sec:content-canvas\">MSTR<\/a>) co-founder <strong>Michael Saylor<\/strong> has revealed that the company is minting $500 million a day as <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=BTC\" data-ylk=\"slk:BTC;elm:context_link;itc:0;sec:content-canvas\">BTC<\/a>) <a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/11\/42127938\/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42152946\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:inches closer to $100,000;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">inches closer to $100,000<\/a> for the first time in its history.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong>What Happened:<\/strong> Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic \u2013 MicroStrategy&#8217;s holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->In an interview with CNBC, Saylor broke down MicroStrategy&#8217;s gains, saying, &#8220;We&#8217;re making $500 million a day. I&#8217;m staring at my screen and we&#8217;re selling dollar bills for $3, sometimes a million times a minute.&#8221;<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong>Don\u2019t Miss:<\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->To put things into perspective, MicroStrategy&#8217;s stock delivered a whopping 97% gain in the last month, while Bitcoin has gained nearly 47%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Year-to-date, MicroStrategy&#8217;s stock has gained over 515% while Bitcoin prices have increased by 122%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Nvidia, the AI bellwether and the world&#8217;s most valuable company by market capitalization, has seen its stock rise by nearly 195% during this period.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->&#8220;We may very well be the most profitable company in the U.S. growing the fastest right now. There&#8217;s not many companies making $500 million a day,&#8221; Saylor said.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong>Trending: <strong>If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,<\/strong><a href=\"https:\/\/www.benzinga.com\/money\/etoro-doge?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42152946\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:here\u2019s how much you\u2019d have today;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong> here\u2019s how much you\u2019d have today<\/strong><\/a><strong>.<\/strong><\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong>Why It Matters:<\/strong> The surge in\u00a0<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42138209\/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42152946\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:MicroStrategy\u2019s stock;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">MicroStrategy\u2019s stock<\/a>\u00a0is not just a reflection of Bitcoin\u2019s rising value but also highlights the company\u2019s strategic bet on the cryptocurrency.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Research from BitMEX has shown that MicroStrategy is trading at a 256% premium to the net asset value of its Bitcoin holdings, suggesting a significant valuation disparity driven by its aggressive acquisition strategy.<!-- HTML_TAG_END --><\/p>\n<p><button class=\"secondary-btn fin-size-large readmore-button rounded   yf-15mk0m\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\" data-testid=\"read-more\">\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->This premium may be influenced by financial regulations that restrict Bitcoin ETF purchases, pushing investors towards MicroStrategy for exposure.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Furthermore, Saylor\u2019s bold prediction that Bitcoin could reach $13 million by 2045 has sparked discussions about the potential economic implications, including\u00a0<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42116183\/michael-saylor-predicted-bitcoin-to-hit-13-million-if-it-happens-it-will-entail-massive-hyperinflation-analyst-warns?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42152946\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:massive hyperinflation;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">massive hyperinflation<\/a>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->This prediction, if realized, would elevate Bitcoin\u2019s market cap to $250 trillion, dwarfing the current world GDP and global stock markets.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Amidst these developments,\u00a0<strong>Warren Buffett\u2019s<\/strong> decision to hold $325 billion in cash at\u00a0<a href=\"https:\/\/www.benzinga.com\/markets\/equities\/24\/11\/42137295\/as-mstrs-michael-saylor-says-warren-buffett-is-destroying-berkshire-capital-analyst-suggests-overpricedhot-stock-market-could-be-the-reason-oracle-of-omaha-is-sitting-on-325b-cash?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42152946\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Berkshire Hathaway;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Berkshire Hathaway<\/a>\u00a0has drawn criticism from Saylor, who argues that not investing in Bitcoin is a missed opportunity.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong>Read Next:<\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><em>Photo courtesy: Wikimedia<\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Up Next: Transform your trading with Benzinga Edge&#8217;s one-of-a-kind market trade ideas and tools. <a href=\"https:\/\/www.benzinga.com\/premium\/ideas\/benzinga-edge-checkout\/?t=be8be9spja3yaad1&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Click now to access unique insights;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>Click now to access unique insights<\/strong><\/a> that can set you ahead in today&#8217;s competitive market.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Get the latest stock analysis from Benzinga?<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->This article <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42152946\/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Michael Saylor Reveals MicroStrategy Is &#8216;Making $500M A Day&#8217; With Bitcoin<\/a> originally appeared on <a href=\"https:\/\/www.benzinga.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Benzinga.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Benzinga.com<\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><i>\u00a9 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/i><!-- HTML_TAG_END --><\/p>\n<\/div><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/michael-saylor-reveals-microstrategy-making-210031450.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor Reveals MicroStrategy Is &#8216;Making $500M A Day&#8217; With Bitcoin MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=129508\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-129508","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/129508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129508"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/129508\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}